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Development

Petition Raises Concerns over Future of Brickhouse

An online petition to save the Brickhouse building at 730 Main St. in Chinatown has emerged even though a rezoning application referencing the site has yet to be filed with the City of Vancouver. The petition raises concerns about the building’s future because the property is part of a possible application to redevelop properties from 728 to 796 Main Street.

The petition, which links to a recent Vancouver Sun article by John Mackie (“The heritage battle for Chinatown”), states: “Don’t let new condos flatten the Brickhouse.”…

…Bonnis Development owns the Brickhouse property, as well as vacant land beside it.

The building at 796 Main St. — Creekside Student Residence — is designated under the City of Vancouver’s single-room-accommodation bylaw and contains 22 designated SRA units. That site includes another small building at 207 Union Street — the Jimi Hendrix Shrine building.

“We have an agreement with the current owner, but we do not own [the property] as of today,” Kerry Bonnis, principle of Bonnis Development, told the Courier.

Read more: http://www.vancourier.com/news/petition-raises-concerns-over-future-of-brickhouse-1.1624454

December 1, 2014by david.taylor@colliers.com
Development, Office

Construction Update: 745 Thurlow St.

Photo by 604City, Flickr

December 1, 2014by david.taylor@colliers.com
Investment, Office

Ivanhoe’s Fournier Thanks Vancouver for Top-Performing Asset

By Evan Duggan

Daniel Fournier, Ivanhoe Cambridge

There’s a familiar sports cliché Daniel Fournier likes to use when describing his vision for Ivanhoe Cambridge in his role as the massive commercial real estate investment firm’s chairman and CEO.

“Go big or go home,” Fournier says more than once during Wednesday’s interview in a seventh-floor suite of the 75-year-old Fairmont Hotel Vancouver — a masterpiece Ivanhoe Cambridge is currently shopping as part of an ongoing shift toward tightening its grasp on high-profile shopping centres and office tower buildings.

Fournier would repeat the phrase again downstairs in a keynote address to the Vancouver Board of Trade. He comes by the sports lingo honestly. Fournier, who took over the multi-billion dollar reins of Ivanhoe Cambridge in 2010, took a break from his studies at Oxford in 1977 to play a season for the CFL’s Ottawa Rough Riders.

Fournier said he came to the West Coast partly to say “thank you to Vancouver, because we’ve done very, very well here,” but also to share insight on how he plans to transform Ivanhoe Cambridge from a real estate investment machine with $40 billion in assets, into a $70-billion behemoth.

Ivanhoe Cambridge, the real estate arm of  …read more

Source:: RENX

November 28, 2014by david.taylor@colliers.com
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