Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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Development

Proposal for 52-Storey Tower at 601 Beach

Pinnacle International held a pre-application open house for their 601 Beach Crescent site, adjacent the Granville Street Bridge and acquired from the City. The site is intended to form the other side of the ‘Gateway’ with Vancouver House on the West side of the Granville Bridge.

Preliminary details of the proposal include:

  • A 52-storey tower;
  • A total building height of 535 ft;
  • 152 non-market housing units;
  • Market residential units.

The site was identified for a taller tower as part of the City’s 2011 “Vancouver Views” policy which created an opportunity for two sites at the Granville Bridge Gateway. (The other being Vancouver House).

The architect for the project is JYOM International with GBL Architects.

May 15, 2018by david.taylor@colliers.com
Development

City of Vancouver Selling Prime Downtown South Site

The City of Vancouver has placed a 1.42 acre property up for sale at 601 Beach Crescent. The irregularly shaped site sits just East of the Granville Street bridge, and mirrors the Vancouver House site at 1400 Howe Street (though the site has a smaller site area).

601 Beach_1

City of Vancouver planning documents identify the currently vacant site for a similar height as the Vancouver House project, at 425 feet (though Vancouver House was subsequently approved at 497 feet).

601 Beach

The offer submission date is July 27th, 2016.

June 6, 2016by david.taylor@colliers.com

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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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iamkennethchan Kenneth Chan @iamkennethchan ·
12h

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

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vancouvermrkt Vancouver Market @vancouvermrkt ·
22h

PoCo Place project hits pause

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northshorenews North Shore News @northshorenews ·
14 May

Hotel development planned for site of Troll's Restaurant in Horseshoe Bay

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vancouvermrkt Vancouver Market @vancouvermrkt ·
11 May

District of North Van council sends proposed CapU student housing tower back to drawing board via @NorthShoreNews

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David Taylor Personal Real Estate Corporation

Colliers International

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David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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