Vancouver city council approves Aquilini’s three new highrise towers beside Rogers Arena.

 

Aquilini Developments says a three-highrise tower development near Rogers Arena ‘is probably the largest rental project [in Vancouver] in the last 30 years.’

Rogers Arena is set to welcome hundreds of new neighbours after Vancouver city council Thursday night approved the development of three new highrise towers by Aquilini Developments and Construction, run by the same family that owns the Canucks.

According to the $300-million plan, which originally favoured condos in the mixed-used development, a total of 614 one-, two-and three-bedroom rental units would be built in stages over the next several years with the last of the towers — between 23 and 32 storeys — completed in the spring of 2016.

Read more: http://www.vancouversun.com/business/Vancouver+city+council+approves+Aquilini+three+highrise+towers+beside+Rogers+Arena/6961948/story.html#ixzz21BImWWuJ

Coquitlam announces plans for a Lincoln Avenue station on Evergreen Line.

Richmond Review – Another trio of high-rises proposed for oval village.

City staff are recommending approval of another set of high-rises in the oval village, but the latest proposal will force some civic bureaucrats out of the neighbourhood.

Hollybridge Limited Partnership is seeking to rezone 5440 Hollybridge Way, a site across the street from the Richmond Olympic Oval whose current tenants include city staff.

For more on this story: http://www.richmondreview.com/news/162947496.html

With less than 200,000 SF of new office space built since the completion of Bentall 5 in 2007, and a vacancy rate hovering below 5%, there is finally some new supply on the horizon.  Only Jameson House and the Hotel Georgia offices, both commercial strata office space in mixed-use projects have been built since that time, adding approximately 130,000 SF.

In 2014-2015, over 1,000,000 SF will be added to the downtown market with the addition of 745 Thurlow, Telus Garden and MNP Tower (1021 West Hastings).  All three are at varying stages of demolition or excavation.

Onni Development Corp has completed the purchase of a 1.07 acre residential development site from The University of British Columbia Foundation for $15,375,000.  The property is currently zoned IC-3 and is to be developed as part of the Great Northern Way Campus.