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Development

Development Spotlight – 564 Beatty Street

Reliance Properties is well underway on the construction of 564 Beatty located adjacent at the intersection of Beatty and Dunsmuir Streets.  The project will be a great blend of old and new and will include:

> Over 50,000 square feet of floor space with approximately 5,700 square foot floor plates

> Retail on the main and plaza level floors with parking off the alley and office on the top 6 floors

> A 9.23 FSR with completion scheduled for early 2014

October 30, 2012by david.taylor@colliers.com
Development

Townhouses Proposed for Hastings, Sardis

Burnaby NewsLeader – Townhouses proposed for Hastings, Sardis.

Almost five years after the rezoning process started a townhouse project for North Burnaby is set to go to public hearing.

In November 2007, the developer first proposed a 17-unit stacked townhouse project at 5161 and 5191 Hastings St., at the northwest corner of Hastings and Springer Avenue. The properties are currently home to an older four-plex and an older single-family home, according to a city staff report, and both are designated for medium-density apartment projects in city plans.

Read more: http://www.burnabynewsleader.com/news/175861301.html

October 29, 2012by david.taylor@colliers.com
Development

Condo Approval Reignites City Rental Debate

Condo approval reignites city rental debate.

There’s a new seven-seven storey mixed-use condo building coming to the Lower Lonsdale neighbourhood.

City of North Vancouver council moved ahead with rezoning 127 and 133 East Third St. Monday night after a public hearing that saw mostly positive comments from nearby business owners, and residents.

Once completed, the building by Kamcon Construction, will house four commercial storefronts at street level, 18 market rental housing units and 43 condos, ranging from bachelors under 400 square feet, to two-bedroom units.

Read more: http://www.nsnews.com/news/Condo+approval+reignites+city+rental+debate/7450981/story.html#ixzz2AWEvuGdg
October 29, 2012by david.taylor@colliers.com
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