PROMENADE AT THE QUAY PRE-SALE & LEASE OPPORTUNITIES LOWER LONSDALE | NORTH VANCOUVER, BC
PROMENADE AT THE QUAY LOWER LONSDALE | NORTH VANCOUVER NEW COMMERCIAL RETAIL UNITS AVAILABLE
JOE GENEST* MICHAEL HECK DERICK FLUKER* 604 398 4341 604 398 4379 604 638 2125 [email protected] [email protected] [email protected] *Personal Real Estate Corporation
FORM REAL ESTATE ADVISORS INC. FORM REAL ESTATE ADVISORS PROMENADE AT THE QUAY PRE-SALE & LEASE OPPORTUNITIES LOWER LONSDALE | NORTH VANCOUVER, BC
LOCATION DETAILS Lower Lonsdale is a prominent neighbourhood in the City of North Vancouver which is one of three municipalities along with the District of North Vancouver and the District Municipality of West Vancouver that collectively make up the North Shore communities. Lower Lonsdale is located on the northern shores of the Burrard Inlet and at the south end of Lonsdale Avenue which is a well-travelled north-south arterial in North Vancouver. Promenade at The Quay is located directly across from Lonsdale Quay which is home to the iconic Public Market, SeaBus Terminal and Lonsdale Quay Bus Loop. Lonsdale Quay has anchored Lower Lonsdale since 1986 with its eclectic vibrancy of local artisan shops and restaurants along with its convenient access to transit connecting passengers from Vancouver to the North Shore.
Lonsdale Quay is a popular destination amongst the local community and one of Metro Vancouver’s top tourist destinations. Ongoing population growth coupled with SeaBus ridership of approximately 16,000 passengers per day and over six million annually, perpetuates the need for new restaurants and commercial services in the Lower Lonsdale neighbourhood. The City of North Vancouver has implemented the Central Waterfront Development Plan to accommodate the increasing population growth and to further enhance the vibrancy and livability of Lower Lonsdale. The Central Waterfront Development Plan is the fabric of many greatly anticipated initiatives, including: the new Polygon (Art) Gallery, the Spirit Trail, a seasonal night market, outdoor skating rink and a new 62 unit hotel.
PROJECT DETAILS Promenade at The Quay is an exciting, new transit-oriented development by award-winning home builder, Polygon Homes. The project is comprised of a 14 storey mixed-use residential building with ground floor retail and restaurant opportunities in the heart of Lower Lonsdale. There will be 117 residential units, a new home for the North Vancouver Museum and Archives and over 13,000 SF of highly needed commercial retail and restaurant spaces.
CONSTRUCTION TYPE Concrete
RESIDENTIAL UNIT COUNT 117
NUMBER OF STOREYS 14
ARCHITECT Nigel Baldwin/ DYS Architecture
EST. COMPLETION DATE Q1 2019
CUSTOMER PARKING* 93 Underground Stalls
RESTAURANT VENTING CRU 1 - CRU 7
LOADING Two commercial bays
TOP POPULATION AVERAGE MAJOR PUBLIC TOURIST GROWTH HOUSEHOLD INCOME TRANSIT DESTINATION 6.4% $80,000 HUB
FORM REAL ESTATE ADVISORS INC.
SHORT TERM
PROMENADE AT THE QUAY PRE-SALE & LEASE OPPORTUNITIES LOWER LONSDALE | NORTH VANCOUVER, BC
CARRIE CATES & MEWS WAY RESTAURANT UNITS
West Esplanade CEILING UNIT SIZE N HEIGHTS
CRU 8 CRU 9 CRU 10 CRU 11 CRU 12 CRU 13 CRU 1 1,739SOLD SF 12’1”
CRU 2 1,873SOLD SF 14’9”
CRU 3 854 SF 16’3”
CRU 1
SOLD Mews / Lane CRU 4 840 SF 16’3”
CRU 5 839 SF 16’3” Rogers Avenue Rogers
CRU 2 CRU 6 837 SF 16’3” CRU 7 CRU 6 CRU 5 CRU 4 CRU 3 SOLD
CRU 7 1,247 SF 16’3”
Corridor 360 SF 16’3”
Total Available 4,977 SF - Carrie Cates Court
Please contact the Listing Agent for pricing and lease rate details.
FORM REAL ESTATE ADVISORS INC. PROMENADE AT THE QUAY PRE-SALE & LEASE OPPORTUNITIES LOWER LONSDALE | NORTH VANCOUVER, BC
ESPLANADE RETAIL UNITS
West Esplanade CEILING N UNIT SIZE HEIGHTS
CRU 8 CRU 9 CRU 10 CRU 11 CRU 12 CRU 13 CRU 8UNDER NEGOTIATION765 SF 19’8”
CRU 9UNDER NEGOTIATION898 SF 19’8”
CRU 1
Mews / Lane CRU 10UNDER NEGOTIATION889 SF 19’8”
Rogers Avenue Rogers CRU 11UNDER NEGOTIATION889 SF 19’8”
CRU 2 CRU 7 CRU 6 CRU 5 CRU 4 CRU 3 CRU 12UNDER NEGOTIATION889 SF 19’8”
CRU 13UNDER NEGOTIATION865 SF 19’8”
Total 5,195 SF -
Carrie Cates Court
Please contact the Listing Agent for pricing and lease rate details.
FORM REAL ESTATE ADVISORS INC. PROMENADE AT THE QUAY PRE-SALE & LEASE OPPORTUNITIES LOWER LONSDALE | NORTH VANCOUVER, BC
Lonsdale Avenue
West Quay By Polygon
West 2nd Street
West 1st Street SUBJECT SITE
Esplanade E
Pipe Shop New Joey Restaurant (”Joey Shipyards”)
Polygon Gallery Lonsdale Quay Future High Density Residential Seabus Market (by Pinnacle International) Terminal
SUBJECT SITE
West Esplanade
Lonsdale Avenue
Head Office Rogers Avenue
Carrie Cates Court
Lonsdale Quay Market
Polygon Gallery Pipe Shop
SeaBus
New Joey Restaurant (”Joey Shipyards”)
Future High Density Residential (by Pinnacle International)
FORM REAL ESTATE ADVISORS INC. PROMENADE AT THE QUAY PRE-SALE & LEASE OPPORTUNITIES PROMENADELOWER LONSDALE | NORTH VANCOUVER, AT THE BC QUAY LOWER LONSDALE | NORTH VANCOUVER
NEW COMMERCIAL RETAIL UNITS AVAILABLE
Subject Primary Trade Area Secondary Trade Area
PRIMARY TRADE 2016 ESTIMATES SECONDARY TRADE AREA AREA Population 15,525 31,050
Average Household Income $75,854 $80,254
Growth Rate (2016-2021) 5.7% 6.4%
Complete demographic reports for North Shore communities available upon request.
FORM REAL ESTATE ADVISORS INC. 1280-333 SEYMOUR STREET VANCOUVER, BC V6B 5A6 T 604 638 2121 F 604 638 2122 FORM.CA
The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Real Estate Advisors Inc.