DOCSLIB.ORG

For Sale Mixed-Use Development Site

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
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. The N N L E E K O I V E U A M D N M P G E H DOVER STREET N V S I A AZ site is centrally located on the northwest corner CENTRA L T L E Building Size N R L L E I S N E E T T W RE E O E E U S L T PATTERSON P ARKL EAST H N STATION I T E of Kingsway and Royal Oak Avenue. The property 2,550 SF approximately V W A K Y A A E K V Marlborough c X A E Elementary E M S V offers quick and convenient access to rapid transit, C S School E A R N U T S E R D A K Y I H A E L N A G K C shopping,O schools, parks, and entertainment. U B S I NG R Potential N Base DensityL B R R V S R O E BC ParkwayD W E V B R A Y Bob K E O Y U A R U c R E Prittie G M A S H M N F c 37,905 SF (3.8 FAR) D O O Library S SANDERS STREET R M E T N S D U L U S I T N O W Civic E B Community Plan V Square M A R L BOROU G H A M E T R O D O WNTO W N N Central Park O The Metrotown Community Plan designates this site S Lot Size B R E N R E E E NEWTON STREET T S E Kinnee F Proposed Metro T O L R A H E Park D Downtown as High Density Mixed-Use. Rezoning guidelines are 9,975P SF approximately M T S E AY A T Open Space U B K R NU E E E N IRVING STREET R ET V R E Y C E A V based on RM4 (Residential) and C2 (Commercial). N S T A K T R R A E A E L E N B O T U O O N U The base density for residential is 2.5 plus 1.3 for S E L Property Taxes (2018) E AL V METROTOWN V L Y A A E E STATION R D N U E RO I N a combined base density of 3.8 FAR. A potential $60,462.78 S E S V BENNETT STREET A A C E U E Y A N E U K E developer may purchase an additional 1.1 FAR of U N c V A N BC Parkway E M E E V V V R A A A E Lobley Maywood V bonus density from the city. L D Park N BC Assessment Park I N R R O S O O O I F T S S GRIMMER L G N N M E N E O E $6,833,200E A T I Y B T U U W Bonsor L X N E O N E R O E Recreation U E D V U N N A V E S B Complex E O M A Y W O O D A T V D R X V Features A E A G E H E GRIMMER STREET N T S I E G S E U Source: City of Burnaby Metrotown Downtown Plan L U U N L E N I S O f A E E U Prime corner lot R AskingW Price V Maywood L U N A O B N E INGDON Community B N V E W L U A V LL O School R f I A D D A Y High exposure Contact agents W A R M K E c V L M f I Close proximity to SkyTrain Station S IMPERIAL STREET f Redevelopment upside Availability T C E E S U f O N Potential to assemble neighbouring lots Contact agents R E V R A A D LEGEND E (specifically 5137 Kingsway, 6435Y Royal Oak C D N A Avenue,Met and 5130ro Irvingto Street)wnM RM3s RM5 RM4s RM5s RM4s/C2 RM4s/C3 RM5s/C2 RM5s/C3 Live/Work Institutional Public Park/ Neighbourhood SkyTrain SkyTrain Neighbourhood Disclaimer: AlthoughGENE the RinformationAL LA NcontainedD USE within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors,Opportunity omissions, conditions, Schoolprior lease, Openwithdrawal Space orCommercial other changesStation without notice andBoundary same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. Opportunity C2/P2 C1 Medium Density High Density Residential High Density Mixed Use Residential 475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | leevancouver.com METROT O W N DOWNTO W N P L A N 3 7 Royal Oak Ave Nelson Ave Kingsway SUBJECT METROTOWN STATION Imperial St ROYAL OAK STATION 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] 475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | leevancouver.com.
Load more

Recommended publications
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • 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)
    [Show full text]
  • 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
    [Show full text]
  • Renfrew-Collingwood Community Vision
    Vision Highlights Renfrew-Collingwood Today Renfrew-Collingwood is a dynamic, family-oriented neighbourhood, known for its active community spirit and remarkable diversity. Its residents value the area’s single family neighbourhoods, views from public places, and open sections of Still Creek and Renfrew Ravine. The area’s parks offer precious open space and are heavily used as are the community centre, pool, neighbourhood house, and community policing centre. The Vision seeks to maintain these community assets. The Renfrew-Collingwood Vision also seeks to improve the community. Residents want more actions to protect the environment and daylight Still Creek as well as new initiatives to improve community safety and increase the attractiveness of parks, school grounds, streets and lanes. Primary arterials should be made safer and easier to cross and several secondary arterials should be reclassified as collectors. Residents seek increased input to decisions which affect them, enhanced walking/biking routes, and expanded recreation programs for youth, seniors, and families. The Vision supports additional seniors housing and new housing variety around more attractive shopping areas. Create More Attractive Parks, Streets, Lanes, and Public Places There should be more variety in park design, appear- ance, and activities to serve the diverse population of the community. School grounds should become attractive, usable community spaces. More park space should be added in poorly served areas of Renfrew- Collingwood and along restored areas of Still Creek. Renfrew Ravine should be enhanced and all parks should be better maintained. More attention should be paid to safety in parks. Streets should be en- hanced as pleasant green links that connect the neighbourhood and there should be greener alternatives to fully paved lanes.
    [Show full text]
  • Zoning and Development By-Law: CD-1
    CD-1 CD-1 (Comprehensive Development) District Schedule 1 Uses Permitted 1.1 Where an area is zoned CD-1 (Comprehensive Development) District and Council has approved the form of development, the Development Permit Board may approve the issuance of permits for the uses listed in the by-law designating the district, subject to such conditions as it may decide, provided however: (a) the development is consistent with the intent and purpose of this by-law and any applicable official development plan; and (b) legal instruments are provided, where necessary, to ensure that all features related to each individual development are used, operated and maintained in accordance with the development as approved. 1.2 Sections 2 to 12 of this By-law apply to each area zoned CD-1 unless the CD-1 by-law for an area states expressly that one or more particular sections do not apply. [Listed below in address order are the current CD-1 By-laws. Other addresses, locations or common names associated with each CD-1 are also provided. This list does not form part of this By-law, but is appended for reference purposes only. More detailed information concerning a specific CD-1 By-law including meeting minutes, consequential by-laws and associated reports can be found at this link http://cd1-bylaws.vancouver.ca/cd-1y.htm or by going to the City's home page and entering “CD-1 By-laws” in the search box. You may also call the Rezoning Information Line at 604.873.7038 or visit the Planning, Urban Design and Sustainability, West Annex, 515 West 10th Avenue at City Hall between 8:30 a.m.
    [Show full text]
  • 4710 Kingsway Metrotower 1, Suite 1020 Burnaby, BC, V5H 4M2 Phone
    Elevators kinglasik.ca Press the number 1 & 0 on the key pad, the key pad will give you a letter (A,B,C,D,E) that corresponds to the delegated elevator you will enter. The elevators automatically 4710 Kingsway take you up the 10th floor. Metrotower 1, Suite 1020 Burnaby, BC, V5H 4M2 Nelson Ave Nelson Royal Oak Ave phone: 604.433.3248 Kingsway NOTE TO ALL Metrotown King LASIK is NOT located inside Metrotown mall McKay Ave Mall MT1 DIRECTIONS: Central BlvdMT2 Metrotown Area Go SOUTH on Willingdon Ave Turn LEFT at Central Blvd Boundary Rd Willingdon Ave Imperial St Enter underground parking for Metrotown Mall Follow signs to Office Towers and then Metrotower 1 Take the elevator from the parkade into Metrotower 1 UBC/Kitsilano Go EAST on W. Broadway Ave Rumble St Turn RIGHT on Kingsway Continue past Boundary Rd Follow “Metrotown Area” directions above Richmond/Tsawwassen/Ladner/White Rock/Delta 1 Go NORTH on Highway 99 Take exit 37 towards the Knight Street Bridge E Hasting St EXIT off bridge onto Marine Drive East Marine Drive East will become Marine Way Turn LEFT onto Boundary Rd heading NORTH Turn RIGHT onto Kingsway heading EAST Follow “Metrotown Area” directions above Boundary Rd Willingdon Way Royal Oak Ave Tri-Cities/Surrey/Langley/Abbotsford Kingsway Go WEST on Highway 1 1 EXIT at Willingdon Ave South VANCOUVER Continue past Kingsway Follow “Metrotown Area” directions above BURNABY Downtown Take Cambie St Bridge SE Marine Dr Imperial St Turn LEFT at 12th Ave West Turn RIGHT onto Kingsway Marine Dr Continue past Boundary Rd Marine Way Follow “Metrotown Area” directions above 99 By Transit 91 All Buses and Skytrains arrive on the Central Blvd side of Metrotown Mall.
    [Show full text]
  • 2525 for Sale
    FOR SALE 2525 MAIN STREET Vancouver | BC Main Street Value Add/Redevelopment Opportunity Located Next To The Future Mount Pleasant Station David Knight Personal Real Estate Corporation Justin Ergas Vice President Associate | Investment 604 661 0817 604 505 9826 [email protected] [email protected] KEY HIGHLIGHTS | > Ideally located near four major arterial roads: Main Street, Broadway, Kingsway, and 12th Ave as well as the 10th Ave bike route which is one of the most active in Vancouver (the main mid-town east-west connector) > In the heart of Vancouver’s fastest growing neighborhood - Mount Pleasant > Strong tenant demand in the immediate area > Directly beside the future Mount Pleasant Station rapid transit SALIENT FACTS | Civic Address 2525 Main Street, Vancouver LOT D, EXCEPT THE WEST 2 FEET NOW LANE, BLOCK 28 DISTRICT LOT 302 PLAN 1246; Legal Description LOT E, EXCEPT THE WEST 2 FEET NOW LANE, BLOCK 28 DISTRICT LOT 302 PLAN 1246 PID 004-914-899; 004-914-902 The subject property is located mid-block on the west side of Main Street north of East Broadway Location in the popular Mount Pleasant neighbourhood. Frontage 50 feet Depth 98 feet Site Area 4,896 SF Building Size 3,700 SF (approximate) Zoning C-3A (3.0 FSR) Kafka's Coffee Commercial Tenants D-Original Sausage Company Gross Taxes (2019) $57,240.35 Asking Price Contact Listing Agents Mount Pleasant - Vancouver’s Fastest Growing Neighbourhood Science World Olympic Village Station 5 2 2 1 6 7 4 2 9 4 Broadway City Future Broadway Future Mount 1 Hall Station City Hall Station Pleasant Station 11 10 6 6 3 1 7 4 3 8 8 2525 MAIN STREET MAIN STREET CAMBIE STREET AMENITIES | RETAIL SERVICES 1.
    [Show full text]
  • BY Means of the British Columbia Electric Railway
    INDEX AND INFORMATION Y means of the British Columbia Electric Railway Com­ B pany's system, the trips outlined in this booklet may be enjoyed at a minimum expense. The majority of the trips contained herein cost only a single city fare. ^s&SSS For those who wish more detailed information, the B.C. Electric Information Bureau, Carrall Street Station, Carrall and Hastings Street, is at their service 8.30 a.m. to 8 p.m. daily, except Sunday. Telephone Seymour 5000. INDEX PAGE Observation Car -- - - - 5 PARKS AND BEACHES— Stanley Park S> * English Bay — J" Kitsilano Beach - - ] } Jericho, Beach, Locarno and Spanish Banks 11 Hastings Park (Exhibition Grounds) 18 NORTH SHORE CANYONS— Capilano Canyon |4 Lynn Valley - 11 Seymour Creek — —- - j° North Lonsdale...— - lb INTERURBAN TRIPS— New Westminster and Central Park. i» Burnaby Lake *® Steveston and Marpole »j Chilliwack and Fraser Valley - ----- ^ MOTOR COACH TRIPS— New Westminster - £ Chilliwack and Fraser Valley - - < MISCELLANEOUS TRIPS— West Point Grey and University -- - ----- |j> Kerrisdale..— - — *£ Marpole.. - ---.- ll INTERURBAN AND STEAM RAILWAY STATIONS Carrall Street Interurban: Carrall and Hastings Streets—Routes 1, 2, 3, 4, 5, 13, 14, 15. Davie Street Interurban: Davie and Seymour Streets—Routes 1, 2, 3, 4, 5, 6, 7, 12, 13, 14, 15. Canadian Pacific Railway Station: Seymour and Cordova Streets—Routes 1, 2, 3, 5, 6, 7, 10, 11. Canadian National and Great Northern Stations: Main Street- Routes 1, 2, 3, 5, 6, 7, 10, 11. Two] tssztea ! j VANCOUVER CITY CAR ROUTES Number ROUTE 1 FAIRVIEW—Hastings, Granville, Broadway, Main. DAVIE-MAIN STREET—From English Bay, via Denman, Robson, 2 (Davie on return), Granville, Hastings and Main Streets to 25th.
    [Show full text]
  • Retail Report Metro Vancouver | Fall 2018
    RETAIL REPORT METRO VANCOUVER | FALL 2018 Neil S McAllister Sean Ogilvie Howard Malchy Personal Real Estate Corporation Vice President Personal Real Estate Corporation Senior Vice President D 604.630.3402 Vice President D 604.630.3374 D 604.895.2226 Andrea Fletcher, BCom, RI Russell Long, BA, DULE Maria Fayloga Senior Associate Associate Retail Coordinator D 604.630.3398 D 604.630.3059 D 604.630.3375 MARKET OVERVIEW & TRENDS METRO VANCOUVER | FALL 2018 MARKET FORECAST INDICATORS RETAIL INVESTMENT SNAPSHOT (JAN - AUG) METRO VANCOUVER METRO VANCOUVER INDICATOR TREND 2017 2018 TREND Vacancy Number Of Trades* 180 117 q Net Absorption $2.440 $0.915 p Transaction Volume* (CAD) q New Development Billion Billion p Rental Rates *Number of trades and transaction volume are based on trades over $1 Million Cap Rates q Source: Realnet, Lee & Associates Research DOWNTOWN VANCOUVER MARKET STREET SEGMENT TREND NET RENT PSF TAX & CAM STREET SEGMENT TREND NET RENT PSF TAX & CAM 2018* 2018* 2018* 2018* p Robson Street p Alberni Street $150 – $300 $25 – $50 (Beatty to Burrard) $50 – $235 $20 – $45 Burrard Street Robson Street q (Georgia to Davie) $40 – $200 $15 – $40 (Bute to Denman) $50 – $120 $20 – $40 p Abbott Street Davie Street $30 – $65 $15 – $20 (Expo to Hastings) $30 – $50 $15 – $25 Denman $40 – $75 $20 – $30 Gastown p $25 – $90 $15 – $25 Granville Street p p (Downtown) $40 – $150 $15 – $30 Railtown $15 – $25 $8 – $14 Hornby Street $45 – $180 $20 – $50 Yaletown p $40 – $95 $20 – $30 Robson Street p (Burrard to Bute) $120 – $250 $50 – $65 West
    [Show full text]
  • Renfrew-Collingwood's Humble Historic Landmark
    10 October 2010 RENFREW COLLINGWOOD COMMUNITY NEWS Renfrew-Collingwood’s Humble Historic Landmark by John Mendoza the low ceiling entrance an infuence of Frank Located at the northwest Lloyd Wright. (According corner of Kingsway and Rupert to Douglas Simpson’s son, Street, the Collingwood branch Gregg Simpson, the architect studied under Frank Lloyd of the Vancouver Public Library Wright at Taliesin West is a colourful hub of activity. in Arizona.) Yet due to However, this humble library its “effective scaling and branch holds a secret pedigree proportioning,” the building presented a welcoming and that elevates it above the accessible face to the local 22 other branch libraries in community. An extraordinary photo of Vancouver Public Library’s Collingwood branch as it Vancouver. appeared before its opening in early July 1951. The glass expanse at the front of the According to one source, building has since been covered up in a subsequent renovation. (Source: Vancouver Unknown to most citizens of shortly after its grand opening, Public Library, Special Collections, VPL 8856) Vancouver, the architectural design of Collingwood branch recorded the Collingwood branch was designed the highest circulation of history, there are no guarantees needs and to budgetary constraints. by two celebrated British Columbian materials for kids of any branch for this Modernist landmark in Certainly the original colour should be architects and could be the most library in the Vancouver library East Vancouver. Due to budgetary restored and the signage could echo that important example of Modernist system. If the architects wanted to constraints, the library itself almost of 1950s typography.
    [Show full text]