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Apartment, Market Research

The West End’s Largest Properties

As the West End Community Plan is emerging, we thought it would be interesting to take a look at the largest lots in the West End. There aren’t many large lots; in fact, of privately held properties, there are less than 10 of an acre or more.  Here are the 40 largest parcels in the West End, by land area (SF):

West End_Top 40 LotsAll of the above properties are improved with sizable income producing (mostly apartment) properties that won’t likely be redeveloped anytime soon; however, many of these, and many smaller lots (of which there are over 500), will see some activity in the coming years as part of the West End Plan. Here is the City’s depiction of what the West End might look like in 30 years once built out per current policy:

West End Plan

Contact us if you would like to know more about the WECP and where are the opportunities are.

July 12, 2013by david.taylor@colliers.com
Development

Lower Lynn Area to be Transformed

Developers, start your engines. District of North Vancouver council unanimously supported a 20-year plan to bring new housing, retail and office space to the Lower Lynn town centre at its May 27 meeting.

Lower Lynn Town Centre Concept Plan

Lower Lynn Town Centre Concept Plan

The plan includes a mixture of mid-and low-rise apartments and townhouses.

The district’s vision includes a projected 120,000 square feet of new retail space, mostly on Mountain Highway, and 50,000 square feet of new office space.

The plan has sparked “tremendous excitement” in the development community, according to the district’s general manager of planning, properties and permits Brian Bydwell.

District staff have been taking weekly meetings with prospective developers, according to Bydwell, who said a lot of the major sites are “pretty much tied up.”

Read more: http://www.nsnews.com/news/Lower+Lynn+transformed/8500240/story.html#ixzz2VuwYUKcL
June 11, 2013by david.taylor@colliers.com
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