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Development

36-storey Tower Proposed for Richards and Helmcken

GBL Architects has submitted an application to rezone a City of Vancouver owned property at 508 Helmcken Street (Southwest corner).  The rezoning would change the designation from DD to CD-1 (Comprehensive Development) District. The proposal is for a 36 storey mixed use building with 344 market residential strata units (including 5, 2-level townhouses at grade), 110 market rental units and a private school. The proposed building is 320 ft high with a floor area of 365,334 sq ft and a density of 17.4 FSR.

508 Helmcken

The current building, Jubilee House, is a non-profit facility containing 87 seniors housing units.

February 15, 2013by david.taylor@colliers.com
Development, Retail

Massive Squamish Nation Mall may be coming to North Vancouver in 2014

North Shore Outlook – Massive Squamish Nation mall may be coming to North Vancouver in 2014.

A lot has been said lately about the Squamish Nation and its government’s land development plans.

But amid all the talk about condo towers beside the Burrard Bridge and new high-rises at Park Royal, one project coming quietly down the pipe may well trump them all.

It concerns 30 acres of land on the Squamish Nation’s Seymour Creek reserve near the Second Narrows Bridge, bracketed by Mt. Seymour Parkway, Dollarton Highway and Seymour Creek.

Currently home to the Real Canadian Superstore, Seymour Creek Golf Centre, an automotive yard and the Squamish administrative offices, the reserve may soon house a massive mixed commercial-residential development unlike anything the North Shore has seen.

Read more: http://www.northshoreoutlook.com/news/191066181.html

February 14, 2013by david.taylor@colliers.com
Apartment, Investment

2620 Hemlock Street, South Granville, Sold

2620 Hemlock StreetThe Monterey Apartments at West 10th Avenue and Hemlock Street in the South Granville area has sold. The 17-unit heritage ‘C’ class building had been listed for sale in 2012 with an asking price of $4,800,000. It sold in January for $4,497,000, equating to a 3.6% cap rate and a price per unit of $265,000. The building was built in 1925. The buyer was Premier Pacific Properties.

February 13, 2013by david.taylor@colliers.com
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