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Investment, Retail

Former Rona in Richmond Sold in $29.6M Deal

The Rona building located at 3000 Sexsmith Road in the Bridgeport area of Richmond has sold for $29,600,000. The 79,500 SF concrete retail building is located on a 3.91 acre site. The building was first being marketed for lease in 2013, and is now occupied by an LW Everybody’s Outlet Store.

3000 Sexsmith

 

February 12, 2014by david.taylor@colliers.com
Development

65-unit Building Proposed for Cambie and West 28th

RDG Management Ltd. has made an application to rezone a 28,497 SF assembly at 508 West 28th Avenue and 4439-4461 Cambie Street from RS-1 to CD-1 to permit a 6-storey residential building that includes:

  • 65 market housing units
  • a building height of 74 ft.
  • a density of 2.60 FSR
  • 82 underground parking spaces

4439 Cambie 4439 Cambie_2Learn more: http://former.vancouver.ca/commsvcs/planning/rezoning/applications/508w28th/index.htm

February 11, 2014by david.taylor@colliers.com
Development, Office

Cloverdale Gateway Project to Break Ground Within a Month

A prime piece of Cloverdale real estate that’s sat vacant nearly 15 years won’t be a patch of dirt much longer.

Construction on the Cloverdale Gateway project is expected to start by late February or early March, according to the building’s architect, after Surrey city council approved a final re-zoning application last month.

22299cloverdale020614gateway01webA two-storey office and retail building at the entrance of the historic downtown core would replace the empty lot that was once home to a gas station.

Burnaby’s PJ Lovick Architects firm spearheaded the design featuring brick columns, long wood beams and tall glass windows.

“It will be a great gateway piece,” said architect Andrea Scott, adding construction on the corner of Highway 10 and 176 Street should be finished by the year’s end.

Read more: http://www.cloverdalereporter.com/news/244016691.html

February 7, 2014by david.taylor@colliers.com
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