The 5th Floor at Jameson House, 838 West Hastings Street has been sold for $4,100,000, representing $700 per sq ft. The office floors have been listed for sale for several months. The purchaser is a user that will occupy the space.
According to a City of Vancouver Census Data Series, perhaps not surprisingly, Downtown Vancouver has blown away every other neighbourhood in Vancouver in terms of population growth over the past 30 years.
The Downtown population (excluding the West End) grew from about 6,500 in 1971, to about 60,000 in 2011. Most areas grew at a rate lower than annualized inflation.
Source: Statistics Canada via City of Vancouver
The City of Vancouver is embarking on a comprehensive community planning program in the Marpole neighbourhood.
The Marpole Community Plan program will take place over an 18-21 month time period starting in April 2012 and is expected to be completed in 2013.
Community Open Houses
Drop by to learn more about the community planning process and how to get involved.
Wednesday, May 2, 5 – 9 pm
Marpole-Oakridge Community Centre
990 West 59th Avenue (at Oak Street)
Saturday, May 5, 11am – 3 pm
8138 Granville Street
A development is being proposed for the White Spot and adjacent lands at Cambie & West 12th, near City Hall. Shato Holdings Ltd. has applied to the City of Vancouver to rezone 2806-2850 Cambie Street and 454 West 12th Avenue from C-2C and RT-6 to CD-1 to allow a 6 to 8-storey mixed-use development, with approximately 20,000 sq. ft. of retail space, 138 residential units, and 194 parking spaces.
The proposal includes a max. height of 105.5 ft. and an FSR of 4.41. The proposal also includes the preservation of the heritage house at 454 West 12th Avenue and its relocation to West 13th Avenue, and the re-alignment of the lane to exit onto West 12th Avenue.