Bonds Group of Companies is proposing a 40-storey tower at 1265 – 1281 Howe Street, at the Northwest corner of Howe and Drake Streets in Downtown Vancouver.
The project is proposed to include 325 market rental units, a contribution towards rental housing, 17 artist ‘work only’ studios, and retail space. The total proposed FSR is 9.19.
The proposed rezoning will be submitted later this year.
Average sales prices for resales of newer Downtown Vancouver condo units have averaged 4.6% annual growth over the past 5 years.
With fewer projects on the horizon scheduled to complete, sales values for existing product (resales) are anticipated to remain stable, and will likely eclipse the $800 per sq ft average sometime in the next 18 months.
Source: MLS
Thind Developments’ proposal to rezone 2667-2703 Kingsway has approved by the City of Vancouver.
The site is being rezoned from C-2 to CD to allow 12-storey and 4-storey buildings with a total of 129 condos and retail at-grade with a total density of 3.8 FSR.
The site is located on the north side of Kingsway between Earles Street and Duchess Street, and is within the Norquay Village Neighbourhood Centre Planning program area. The site is comprised of eight parcels currently developed with an automotive repair business and a vehicle dealership.
The architect for the project is W.T. Leung.
Colliers is pleased to present a rare North Shore waterfront development opportunity in the Dollarton area.
Features:
Please contact David Taylor for further details.
david.taylor@colliers.com
604-692-1402
Despite minor movements in price growth for single family homes in the City of Vancouver, there has been steady annualized growth of 12.6% since 2001. For example, while 2009 saw a decline in sales activity and prices dropping by approximately 4%, prices are now back up well above their previous 2008 peaks.
The average price of a detached single family home in the City of Vancouver has risen from $712,235 in 2001 to $2,336,634 as of July 2011.
Is this growth sustainable despite being inexorably unlinked to traditional metrics such as income and population growth?
Source: MLS
JUST IN... Dressew Supply has sold its West Hastings Street building in Downtown Vancouver.
The business will permanently close in just over a year from now in May 2027.
End of an era after 60+ years. #vancre #vanre
PoCo Place project hits pause
Hotel development planned for site of Troll's Restaurant in Horseshoe Bay
District of North Van council sends proposed CapU student housing tower back to drawing board via @NorthShoreNews
