Retail Report Metro Vancouver | Fall 2018
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Vancouver, BC Retail Q2 2018
MARKETBEAT Vancouver, BC Retail Q2 2018 ECONOMIC INDICATORS Market Overview An indicator of British Columbia’s booming economy and strong retail National 12-Month sales growth is that several Metro Vancouver shopping centres are 2017 2018 Forecast currently either expanding and/or redeveloping. Despite the rise in GDP Growth 1.3% 2.3% eCommerce, shopping malls across the region such as Park Royal, CPI Growth 1.5% 2.6% Oakridge Centre, Brentwood Town Centre, Lougheed Town Centre Consumer Spending and others, are redeveloping to refresh their looks, add square 1.5% 1.5% Growth footage, or build condominium towers on mall parking lots. Retail Sales Growth 3.8% 4.3% The second phase of McArthurGlen Group’s outlet mall near 12-Month Vancouver International Airport is tentatively set to open by the spring Regional Q2 17 Q2 18 Forecast of 2019 and will be 84,000 square feet (sf). A future third phase is Median Wage Rate $22.39 $26.58 planned, which will add another 65,000 sf. This outlet centre is the Labour Force Population 1.4% 1.6% number one sales performer in Canada with a reported $1,220 in Growth sales per square foot (psf) per annum, which also ranks it in third Unemployment Rate 5.1% 4.7% place in B.C. only behind Oakridge Centre at $1,579 psf and Pacific Source: Statistics Canada Centre at $1,531 psf. Source: International Council of Shopping Centres (ICSC) Shape Properties and HOOP (Healthcare of Ontario Pension Plan) Economy are redeveloping a 28-acre site in Burnaby, referred to as “The British Columbia’s economy, fueled in large part by a strong Amazing Brentwood”. -
1503 Kingsway Vancouver, BC
FOR SALE > 1.5 ACRE MIXED-USE DEVELOPMENT OPPORTUNITY 1503 Kingsway VANCOUVER, BC KINGSWAY KNIGHT STREET KNIGHT KING EDWARD VILLAGE Development Highlights > Mixed-use development site with rezoning potential > Substantial frontages along Kingsway (223 ft) and Dumfries Street (352 ft) providing outstanding exposure, accessibility and large lot size (66,318 square feet) > Potential for phenomenal views overlooking Downtown and the North Shore Mountains > Centrally located, making the area attractive to residents and businesses alike (12 minutes to Downtown Vancouver) > Community and municipal support for development in the area is demonstrated by the multitude of recent developments along Kingsway > Holding income that will alleviate time pressure SIMON LIM* SHELDON SCOTT* RANDY HEED* OLIVER OMI Executive Vice President Senior Vice President Senior Vice President Associate 604 661 0882 604 662 2660 604 661 0831 604 692 1465 [email protected] [email protected] [email protected] [email protected] 1503 Kingsway, Vancouver, BC Legal Address: That Part of Block 6 Lying to the West of the West Boundary of Plan 1257, Except Portions in Reference Plans 610, 2394 and 4580, District Lot 352 Plan 219 PID: 004-718-461 LOT 1, Except Part in Reference Plan 2394, of Lots 1 to 3 Block 6 District Lot 352 Plan 2497 PID: 004-719-247 Location: The Property occupies the northeast corner of Kingsway and Dumfries Street - located along one of the busiest arterials in Metro Vancouver. Site Area: The site is 66,318 SF with approximately 223 feet of frontage along Kingsway and 352 feet of frontage on Dumfries Street. -
MARKET NAME Office QX 20XX
M A R K E T B E AT VANCOUVER, BC Office Q2 2020 ECONOMY: How Deep is the Economic Hole? YoY 12-Mo. "The B.C. economy is forecast to shrink by 7.8% in 2020. In 2021 the provincial economy will expand by 4.8%. This is a strong growth number by Chg Forecast historic standards but comes in the wake of a very steep downturn and only results in the B.C. economy regaining just over half of the economic output lost in 2020. Restoring the labour market to health will take many months if not years”. (Source: Business Council of BC). 3.9% The COVID-19 pandemic struck Canada in March 2020. This was late in the quarter but with enough time to have a significant impact on first Vacancy Rate quarter market fundamentals. In the second quarter of 2020, the Canadian economy felt its effects more fully as government mandated shutdowns along with shelter-in-place ordinances pushed the country deeper into recession. The situation remains very fluid. Access the most recent -185,414 information specific to COVID here. Net Absorption,SF SUPPLY AND DEMAND: Challenging Times The pre-pandemic Vancouver office market was strong and the vacancy rate had been steadily decreasing since 2015. It is very likely that the first $44.26 quarter of 2020 will be the last quarter with record low vacancies for the foreseeable future. With the addition of over 400,000 square feet (sf) of Asking Rent, PSF sublease space (45% of all current vacant space) arriving in the downtown Vancouver market in the second quarter (approx. -
FOI Release November 18, 2019
�YOF CITY CLERK'S DEPARTMENT . VANCOUVER Access to Information & Privacy / File No.: 04-1000-20-2019-667 November 18, 2019 s.22 1 Dear RE: Request for Access to Records under the Freedom of Information and Protection of Privacy Act (the "Act") I am responding to your request of October 28, 2019 under the Freedom of Information and Protection of Privacy Actfor: Regarding a September 25, 2019 meeting between Mayor Kennedy Stewart and Colin Bosa, Jeff Skinner and Raymond Louie, a copy of the agenda, minutes, briefing note, presentation material, handwritten notes, transcript and recording from the meeting. On November 6, 2019 the City responded to your request with the following: "We have completed the search for responsive records for this request and no responsive records have been located. Please note: Mayor's Office staff confirms there are no records." On November 12, 2019, the FOi-Office was informed that an error was made and responsive records have been located*. *Correspondence relating to the process and handling of FOi 2019-667 (your request FOi 2019- 702) include locating those records. Under section 52 of the Act, and within 30 business days of receipt of this letter, you may ask the Information & Privacy Commissioner to review any matter related to the City's response to your FOi request by writing to: Office of the Information & Privacy Commissioner, [email protected] or by phoning 250-387-5629. If you request a review, please provide the Commissioner's office with: 1) the request number (#04-1000-20-2019-667); 2) a copy of this letter; 3) a copy of your original request; and 4) detailed reasons why you are seeking the review. -
KING GEORGE BOULEVARD 10070 SURREY, BC Partnership
FOR LEASE KING GEORGE BOULEVARD 10070 SURREY, BC Partnership. Performance. OFFICE SPACE FOR LEASE Opportunity to lease in the heart of central Surrey with direct exposure along King George Boulevard. Josh Sookero*, Principal Nicolas Bilodeau, Senior Associate 604.647.5091 604.647.1336 [email protected] [email protected] * Personal Real Estate Corporation Jordan Gill, Associate 604.647.5097 [email protected] KING GEORGE BLVD BARNET HWY E HASTINGS ST RENFREW ST HASTINGS ST SURREY, BC ST JOHNS ST 10070 W 4 AVE CLARKE RD W BROADWAY KINGSWAY NANAIMO ST E BROADWAY W 16 AVE RUPERT ST GAGLARDI WAY SW MARINE DR W KING EDWARD AVE KNIGHT ST LOUGHEED HWY W 41 AVE W 41 AVE KINGSWAY W 49 AVE KNIGHT ST Subject Property GROSVENOR RD BRIDGEPORT RD 10070 King George Blvd104 AVE KING GEORGE BLVD 104 AVE 120 ST 152 ST 156 ST GOLDEN EARS WAY 96 AVE 96 AVE 96 AVE 96 AVE 208 ST SOUTH FRASER PERIMETER ROAD 200 ST WESTMINSTER HWY WESTMINSTER HWY FRASER HIGHWAY 88 AVE 88 AVE 88 AVE 88 AVE TRANS-CANADA HIGHWAY 88 AVE 200 ST 168 ST BLUNDELL RD NORDEL WAY 156 ST TRANS-CANADA HIGHWAY SCOTT ROAD SCOTT 128 ST 132 ST 140 ST 144 ST HARVIE RD NO 1 RD NO 2 RD NO 3 RD NO 4 RD NO 6 RD TRANS-CANADA HIGHWAY 208 ST 152 ST 184 ST RIVER RD KING GEORGE BLVD FRASER HIGHWAY STEVESTON HWY 72 AVE 72 AVE 72 AVE 264 ST 168 ST 200 ST 64 AVE 64 AVE 64 AVE 64 AVE 64 AVE 184 ST 128 ST 132 ST 120 ST 144 ST 104 ST 232 ST 216 ST 56 AVE LANGLEY BYPASS 56 AVE 152 ST 248 ST TRANS-CANADA HIGHWAY FRASER HIGHWAY LADNER TRUNK RD 200 ST 208 ST 168 ST 184 ST 216 ST 192 ST Location ARTHUR DR 152 ST th nd TRANS-CANADA HIGHWAY 232 ST Town Square is located mid-block between 100 Avenue and 102 Avenue on 36 AVE 224 ST 240 ST 248 ST DELTAPORT WAY 32 AVE 32 AVE 144 ST FRASER HIGHWAY 216 ST the east side of King George Boulevard in central Surrey. -
Vancouver Agreement Funds Construction of the Chinatown Millennium Gate a Gate Over Pender, the Gateway to the Silk Road
February 17, 2001 VANCOUVER AGREEMENT FUNDS CONSTRUCTION OF THE CHINATOWN MILLENNIUM GATE A GATE OVER PENDER, THE GATEWAY TO THE SILK ROAD VANCOUVER — A traditional Chinese Gate over Pender Street will soon welcome visitors to Vancouver’s Chinatown. The construction of a traditional gate at the entrance to historic Chinatown was announced today by Secretary of State Hedy Fry (Multiculturalism) (Status of Women), Minister of Community Develop- ment, Cooperatives and Volunteers Jenny Kwan, Vancouver City Mayor Philip Owen, and Mr. Tong Yuet, President of the Vancouver Chinatown Millennium Gate Society. The Chinatown Millennium Gate is part of a larger plan to market Vancouver’s Chinatown and to im- prove business and living conditions in Vancouver’s Downtown Eastside. This announcement of Vancouver Agreement funding for the Millennium Gate builds on the unique heritage, cultural and business strengths of the community. The Gate over Pender, to the east of Taylor, is the realiza- tion of a long-held dream; one that the Vancouver Chinatown Millennium Society has taken on with a sense of urgency these last few years, to promote community pride and attract shoppers and tourists to Chinatown. “The investment by the three governments in this community project is an essential component of the Vancouver Agreement and sends a strong signal that we envision the revitalization of the living space in the Downtown Eastside and prosperity returning to Vancouver’s Chinatown,” said Dr. Fry, Secretary of State (Multiculturalism) (Status of Women). “Governments can’t do it alone and neither can the community. Together, though, we can turn things around in the DTES.” “The concept of a gate is steeped in tradition,” said minister Kwan. -
275 West 5Th Avenue Vancouver, British Columbia
221 – 275 West 5th Avenue Vancouver, British Columbia 23,634 s.f. Redevelopment Site in the Main and Cambie Commercial/Industrial Neighborhood Bill McCarthy W.P.J. McCarthy and Company Ltd. 604-437-6334 ext. 6 [email protected] www.wpjmccarthy.com W.P.J MCCARTHY & COMPANY LTD. | 604-437-6334 | WWW.WPJMCCARTHY.COM 221 – 275 West 5th Avenue Vancouver, British Columbia This property is a strategically located 23,634 square foot redevelopment site in the Main and Cambie commercial/industrial neighborhood. The location provides easy access to the downtown core and is in close proximity to Cambie Street, Main Street/Kingsway, the Broadway Corridor, and West 2nd Avenue. Existing buildings provide excellent income and functional warehouse and office space . This neighborhood is a prime redevelopment area and this property is an outstanding investment and development opportunity. Single-storey + Type of mezzanine Property industrial warehouse Site Area 23,634 s.f. Building Area 9,426 s.f. 221 West 5th Building Area 8,707 275 West 5th Stabilized Net $164,843 per Income annum Zoning I-1 (Industrial) W.P.J MCCARTHY & COMPANY LTD. | 604-437-6334 | WWW.WPJMCCARTHY.COM 221 – 275 West 5th Avenue Vancouver, British Columbia W.P.J MCCARTHY & COMPANY LTD. | 604-437-6334 | WWW.WPJMCCARTHY.COM Property Details Type of Property: Single storey plus mezzanine light industrial Warehouse/office building Civic Address: 221 – 275 West 5th Avenue, Vancouver, BC Site Area: +/- 11,563 square feet (221 West 5th Avenue) +/- 12,071 square feet (275 West 5th Avenue) -
1172-1176 Robson Street Vancouver, BC
FOR LEASE Robson Street - One of Vancouver's most famous shopping district 1172-1176 Robson Street Vancouver, BC Contact Us: KELVIN LUK SHERMAN SCOTT WILLIAM MAUNSELL COLLIERS INTERNATIONAL Personal Real Estate Corporation Associate Vice President Associate 200 Granville Street, 19th Floor Vice President 604 662 2663 604 661 0876 Vancouver, BC V6C 2R6 604 662 2616 [email protected] [email protected] 604 681 4111 [email protected] collierscanada.com LOCATION 1172-1176 Robson is ideally located on Robson Street in between Bute and Thurlow Street. Robson Street is one of Canada’s most famous and prestigious shopping districts drawing from a wide array of shoppers and tourists seeking premier fashion stores, diverse selection of restaurants and world class amenities. Robson Street is a short walk from any point of the downtown core. Surrounding neighbourhoods include Gastown, West End and Coal Harbour. 1172-1176 Robson offers its Tenant’s street front exposure to ample pedestrian and vehicular traffic. THE BUILDING Boasting floor to ceiling glazing and over 50 feet of lineal frontage on Robson Street, this building is recognized for its unparalleled exposure in the 1100-block. 1172-1176 Robson Street presents the rare opportunity for businesses to secure a long-term tenancy with options to extend, as there are no current plans for redevelopment. Available unit size 2,324 to 3,469 SF, offering flexibility to combine or demise for your needs. BUILDING SPECIFICATIONS Basic Rent $135/SF - $140/SF Additional Rent 2018 (est.) $40.43/SF Available Immediately Year Built 1988 Zoning DD CRU #3 3,469 SF based on strata lot Units (approx.) CRU #4 2,324 SF based on strata lot Combined 5,793 SF based on strata lot AREA TENANTS Steve Madden, Lauduree, Sephora, Banana Republic, Cactus Club, Club Monaco, Swarovski, Lush, NYX, Zara, Browns Shoes, Aritzia, Wilfred, Lavo Cosmetics, Cincin and more. -
Section Ii Geographical List Members / Liste Géographiquedes Membres 1
SECTION II GEOGRAPHICAL LIST MEMBERS / LISTE GÉOGRAPHIQUEDES MEMBRES 1 Routing Numbers / Numéros d'acheminement Electronic Paper(MICR) Électronique Papier(MICR) Postal Address - Addresse postale 100 MILE HOUSE, BC 080925020 25020-809 WILLIAMS LAKE AND DISTRICT CREDIT UN 100 Mile House Branch, 295 Cariboo Highway 97, P.O. Box 1781, 100 Mile House, BC V0K 2E0 ABBOTSFORD, BC 080929060 29060-809 ALDERGROVE CREDIT UNION Abbotsford Community Branch, 100 - 2600 Gladys Avenue, Abbotsford, BC V2S 3X7 080929050 29050-809 Mt. Lehman centre Branch, #100-3224 Mt. Lehman Road, Abbotsford, BC V4X 2M9 080917120 17120-809 COAST CAPITAL SAVINGS FEDERAL CU Clearbrook Branch, 2611 Clearbrook Road, Abbotsford, BC V2T 2Y6 080917140 17140-809 Seven Oaks Branch, 2611 Clearbrook Road, Abbotsford, BC V2T 2Y6 080937930 37930-809 ENVISION FINANCIAL A DIVISION Of First West Credit Union, 2090 Sumas Way, Abbotsford, BC V2S 2C7 080937920 37920-809 Of First West Credit Union, 32711 South Fraser Way, Abbotsford, BC V2T 3S3 080937910 37910-809 Of First West Credit Union, Unit F120, 3122 Mt. Lehman Road, PO Box 2095, Abbotsford, BC V2T 0C5 080946430 46430-809 KHALSA CREDIT UNION Abbotsford Branch, 32112 South Fraser Way, Abbotsford, BC V2T 3Y3 080910980 10980-809 PROSPERA CREDIT UNION ABO Funds Transfer, #500-32071 South Fraser Way, Abbotsford, BC V2T 1W3 080942520 42520-809 Abbotsford Branch, 34630 Delair Road, Abbotsford, BC V2S 2C9 080910970 10970-809 Agent Deposit Branch, #501-32071 South Fraser Way, Abbotsford, BC V2T 1W3 080942420 42420-809 Clayburn Express Branch, -
April/May 2006 HERITAGE
Volume 15 Number 2 April/May 2006 www.heritagevancouver.org HERITAGE Vanco N e w s l e tu t ev r er OUT ON A LIMB FOR HERITAGE by Emma Hall and Clint Robertson rees — living documents that reflect the natural and then appointed a Committee to manage this park and future cultural record of our tastes and values over time. acquisitions such as Hastings Park, acquired in 1888 from the Blessed with a mild climate and long growing season, provincial government. By 1890, the Park Board had become TVancouver boasts an enviably diverse and healthy urban forest an autonomous and separately elected body with a mandate to of nearly half a million trees. This priceless resource, con- care for Vancouver’s park and recreation resources. In 1896, sisting of several hundred different species and cultivars, Council passed its first bylaw relating to the planting of street includes native west coast woodlands, regal park specimens trees; in 1916, responsibility for street planting passed to the and boulevard trees. The oldest street trees are the big leaf Board of Parks and Recreation. In 1926, the newly established maples (Acer macrophyllum) planted in 1897 on Pender Street Vancouver Town Planning Commission authorized a com- next to Victory Square; the largest street tree, a giant sequoia prehensive town plan from American consultants Harland on the Cambie Street median near King Edward Avenue, has a Bartholomew and Associates. While Council never formally trunk circumference of over 18 feet. adopted the Bartholomew Plan, its recommendations shaped From the beginning, City Council led the charge to protect city planning, particularly the construction of wide tree-lined Vancouver’s arboreal richness. -
For Sale Mixed-Use Development Site
5175 KINGSWAY, BURNABY, BC FOR SALE MIXED-USE DEVELOPMENT SITE DOWNTOWN METROTOWN SUBJECT Kingsway Royal Oak Ave 9,975 SF FUTURE DEVELOPMENT SITE LOCATED IN THE HEART OF DOWNTOWN BURNABY/METROTOWN Chris McIntyre Neil S McAllister Personal Real Estate Corporation Personal Real Estate Corporation D 604.630.3392 C 604.889.0699 D 604.630.3374 C 604.720.3312 [email protected] [email protected] N O T E L R ON CT FARRINGTON ST ELLERT W CT A NORTHVIE T C C 5175 KINGSWAY, BURNABY,SARATOGA CT BC CHRISTOPHER E U N E V BOND STREET E MIXED-USE DEVELOPMENTA SITE E OND STREET B U U SAMARA CT N N E E E Y E FOR SALE U V V E U A N A F THURSTON N E George McLean Y F N N V STREET E E A E O O A V Park E B H E U A S D BUXTON CT U B C U Y R G N N A N E E N E N E A BUXTON I STREET E L T V E V L L T A M V U F A L A A A O N N SARDIS I H P I R H E T W SARDIS STREET G V I SANDELL L BC Parkway A M E O R S N STREET A SARDIS E N K K C ENTRAL P ARK NOR T H O G E S R L Y E E L U A E E U U SARDIS STREET E N B S N S A N N N E R R E E V E D D E V V A U J I R A A S 5130 6435 N I VE E X R V E IRVINGC ST ROYAL OAK E A R S E E S N AVE S U O I S SHEPHERD STREET KINGS WAY P GRAFTON STREET D K R I NGS ST I GRAFTON V WA M E O Y THHEE S R RI DGI DGE E H L T E G O HARLEY CT R O AN G B E E U S R T 5137 N R Location ExistingE Zoning E E ET K V A MAITLAND STREET KINGSWAY R E A J E V A B M U A This high exposure corner lot is located in what C-4 (Service Commercial District) E E N S V E E A R V S V I E T E E L V A U L SUBJECT O A will become the heart of Downtown Burnaby. -
Rezoning Centre, Rezoning Applications Rezoning Centre
13/12/19 Rezoning Centre, Rezoning Applications Rezoning Centre Rezoning Applications The following is a list of active rezoning applications, with their current status. Proposed: A rezoning application has been submitted to the City for consideration. Approved: A rezoning application has been approved in principle by Council at a Public Hearing. Enacted: A rezoning application has received final approval by Council and the related zoning by-laws have come into force. Click on the links to view more information about an application, including the application submittal, notices, Council Report, as well as contact information. For more information on rezonings, please visit the Rezoning Centre webpage. To search for an application or list by community, visit the Community Web Pages. Rezoning Application Details The applications are listed alphabetically below. Numbered and Named streets by address/location: East # West # A B C D E F G H I J K L M N O P Q R S T U V W Y 1870 East 1st Avenue and 1723 Victoria Drive - Approved 3323-3367 East 4th Avenue (DE417246) - Proposed 303 East 8th Avenue - Proposed - Referred to Public Hearing 333 East 11th Avenue (formerly 275 Kingsway) (DE416870) - Proposed 963 East 19th Avenue (960 Kingsway) (DE413541) - Proposed 1729, 1733 and 1735 East 33rd Avenue - Approved 1412-1424 East 41st Avenue (1418 East 41st Avenue) (DE413542) - Proposed 140 West 1st Avenue (DE411503) - Approved 706 West 13th Avenue and 725 West 14th Avenue (Heather Place) - Proposed 1755 West 14th Avenue - Proposed 458-476 West 41st Avenue