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Development

Kingsgate Mall & Beedie Development – Globe & Mail Article

Courtesy of the Globe & Mail

“In the last year, industrial developer Ryan Beedie has moved into the more precarious world of residential development.

When asked why he’d bother, Mr. Beedie, who already oversees $1-billion in industrial real estate assets, agrees that it’s partly due to one simple reason. He’s bored.

“Absolutely,” he says, without hesitation, straightening up in his boardroom seat. “You are absolutely right. ‘What’s this shiny thing over here?’ Absolutely. We have also expanded industrial into Alberta – we have quite a few projects now going on in Calgary. Again, why do that? Good question. Because it’s fun – it’s a new experience.””

View the entire article HERE

November 15, 2012by david.taylor@colliers.com
Development

Townline Proposing Richmond Tower

Townline Homes has applied to the City of Richmond to rezone 8280 – 8300 Granville Avenue from CA to ZHR13 to build a 16-storey residential tower with 109,000 SF of residential area, 126 units, and 160 parking stalls.

Townline had attempted to acquire the lot to the West, but was unable to do so. 5% of the total units will be provided as affordable housing.

The project went for first reading on November 13th, 2012.

 

 

November 14, 2012by david.taylor@colliers.com
Development

Vancouver Stock Exchange building expansion to move ahead

Vancouver Stock Exchange building expansion to move ahead.

  
Vancouver Stock Exchange building expansion to move ahead
 
VANCOUVER — Global investment banking giant Credit Suisse will move ahead with plans to construct a 30-storey office tower over top the historic Vancouver Stock Exchange building after city council voted Tuesday to approve a rezoning application that will more than double the maximum density on the site.

The Exchange project, worth an estimated $200 million, will add 369,000 square feet of premium office space to the downtown core and employ an estimated 400 people during construction.

City staff had earlier recommended council approve the application, reasoning that it will contribute to Vancouver’s job space, economic development, heritage and sustainability objectives.

Read more: http://www.vancouversun.com/business/Vancouver+Stock+Exchange+building+expansion+move+ahead/7542502/story.html#ixzz2CAsoGNIO

November 14, 2012by david.taylor@colliers.com
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