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Development was approved has been stalled because of the change in the market
Seven years after an ambitious two-tower development in Vancouver's West End was approved by Vancouver council, the project still hasn't broken ground. In hopes of reigniting it, the developer has proposed converting part of the project — at 1444 Alberni…
Market forces, public policy driving distress in commercial real estate
Vancouver developers are struggling to deliver residential projects amid a "perfect storm" of factors including interest rates, the cost of construction and tepid demand, says one commercial broker. Lower sale prices, prohibitive zoning, tariffs, taxes, inflat…
Concord Towers-1,014 units located in 10547 City Parkway and 13468 105A Avenue, Surrey
Surrey's downtown core is expanding with approval of two residential skyscrapers built by developer Concord Pacific and comprising 1,014 units.
萨里市11月的新开发更新
《城市中心月报》 11月号现已在SurreyCityCentre.ca上发布。本月的新闻简报包括上个月新的开发申请，理事会批准和建设活动的摘要。 新开发应用 20-0233（中心框） 市政广场初始阶段的文娱广场景观– 14 + 35层办公及零售 备受期待的北萨里娱乐中心场址（称为"中心街区"）的重建的第一阶段已提交了初步的分区和一般发展许可证申请。申请人萨里市发展公司（SCDC）的提议面积为1,446,088平方米.ft。办公和商业空间的一部分，作为初始阶段的一部分，毗邻市民广场和萨里中央车站，其中包括…
Surrey City New development update for the month of November
New development in Surrey City. This month's newsletter includes a round-up of new Development Applications, Council Approvals, and Construction activity during the previous month.
The City of Port Coquitlam is informing and aiming to reassure residents and other private property owners that public and private property rights will remain protected
as a land claim involving the Kwikwetlem First Nation is currently going through a provincially-led process. As it turns out, like the other First Nations court cases that were daylighted in recent months, the Kwikwetlem claim has been going through the legal …
10 Multi family building in Vancouver posted for sale
B.C. rent increases have been frozen since March and are expected to remain locked until the end of 2021. The City of Vancouver has restricted multi-family renovations, outlawed demolitions of older apartment buildings and tethered development of market-rental…
Refurbished Rosewood Hotel Georgia has drawn many A-list guests over the years — and for good reason
In 1927, the Hotel Georgia made front-page news for being the first hotel in Vancouver to offer bath facilities in every suite. Nearly a century later, after a few facelifts and a refined new identity as the Rosewood Hotel Georgia , the storied landmark is mak…
Horizon 21 located at corner 218 Blue Mountain Street, Coquitlam, BC
Horizon 21 consists of 150 stunning condominiums and townhomes located in the historic district of Maillardville, Coquitlam. Developed by Centred Developments, this 21-storey tower is perched on the hillside, offering stunning views and unrivaled connectedness…
Gastown and Vancouver neighbourhood retailers glimpse a retail revival
Since the pandemic hit in March, 23 retailers have closed in Gastown, according to Stefanie Schulz, executive director of the Gastown Business Improvement Association, but 21 new stores have opened in the same time, 16 of them since June.
Vancouver housing market remains strong month in November
While November is expected to post solid home sales figures, Yu said that activity will likely slow moving into the winter as pent-up demand is satisfied and the second wave of COVID-19 puts a damper on the market.
A positive impact to address B.C vacancy taxes during pandemic
Property Sage has so far helped dozens of Vancouver homeowners, many of them awaiting building permits, save big bucks by sidestepping vacancy taxes in this novel way.
Average price range in detached house to hit $1.7 million in 2021 in Greater Vancouver
That price has already been reached in the City of Vancouuver, where it is not uncommon to detached houses listed for $2 million for more, but the BCREA forecast is for suburban prices to soon catch up.
The largest developer of purpose-built, student housing in Canada has spent the last year-and-a-half working with the City of Burnaby on a rezoning application.
More developers in Metro Vancouver seeking to build student-oriented residential buildings that are off-campus and not necessarily affiliated with a particular school. Because such projects don't fall neatly into residential or institutional categories, develo…
Fall in love with the Clyde at Port Moody
"I looked at other projects out there but Clyde's finishes were a lot nicer," says Ross. "The condos are so stunning and bright. I also like the great amenities, including the gym and the courtyard with fire pits, which really encourages a sense of community."…
Vancouver real estate: Concord Pacific withdraws public view plan for Molson site
There are details for a massive redevelopment with some 1.8 million sq. ft, including 300,000-sq. ft of mixed use with office, retail, restaurant and showroom spaces, plus some 3,000 residential units. Condo towers from 15 to 25 storeys are connected by multi-…
Vancouver housing market increase by 6% in October amidst in high supply
October's sales total was 34.7 percent above the 10-year average for the month and narrowly surpassed the 3,643 homes sold in September.
RBC Economics: condo prices stagnated over the past six months
Hogue also stated that "rent is now declining in Toronto, Montreal and Vancouver, especially in higher density, downtown locations".
Covid-19 disrupt Vancouver condo owners
"COVID-19 has severely disrupted the flow of immigrants moving to Canada — a major source of housing demand," senior economist Robert Hogue stated in his October 29 report.
Popolo: 81 European-inspired in the heart of Vancouver’s most accessible transit hub
Popolo is comprised of 81 European-inspired, one-two and three-bedroom homes, ranging from 450 to 1,135 square feet of distinctive design. Each airy, open floor plan features eight' ceilings (10'8" Penthouse), wide plank premium vinyl flooring, and large windo…
Voyce a Luxury contemporary 6 story building in Westside Vancouver
Forefield Development Group introduces Voyce - a contemporary, six-story concrete building offering a sophisticated collection of 81 homes, from junior one-bedrooms to three-bedroom apartments, ranging from 447 to 1,111 square feet of beautifully appointed liv…
3 Storey rental apartment sold for $4.8 million, South Granville
Up-graded three-storey rental apartment building a block from South Granville in Vancouver, and near planned station for SkyTrain extension, sold for $436,000 per door.
6,137 square feet Mixed-use development site sold for $6.6 million in Dunbar Street Vancouver
The retail/residential property on Dunbar Street, Vancouver, has development potential for a mid-rise project at 2.5FSR.
Mixed used building near Kitsilano transit hub, Vancouver
The proposed 11-storey, mixed-use residence is part of a joint development at 2106 West 8th Avenue, which was submitted under a separate permit application. If approved, the project would see a 79-unit building replace an existing gas station on the northwest …
First glimpse of Concord Pacific’s proposed redevelopment plans of the Molson Coors brewery in Vancouver
The developer intends to build a redevelopment with a total floor area of 1.8 million sq ft, including 300,000 sq ft of office space with high ceilings, ground-level retail, restaurant, and showroom spaces, and 3,000 homes within towers between 15 and 25 store…
City of Vancouver, the lowest tax rate for commercial property among major Canadian cities
The tax shift is measured by a commercial-to-residential ratio that compares the commercial tax rate to the residential tax rate. For example, if the ratio is 2.50, a commercial property valued at $1 million dollars would incur property taxes 2.5 times higher …
Vancouver housing market sales up nearly 54% in mid-October as recovery continues
The mid-month sales and new listings figures were published late last week by Dexter Realty Managing Broker Kevin Skipworth, who projected that over 3,000 homes are likely to be sold across the region by the end of the month if the current pace continues.…
43 storey curved residential tower is expected to be completed in 2021-22, Vancouver
The condo is one of 181 residential units in a 43-storey tower currently under construction.
First prime 40 storey luxury high rise tower in Burnaby
"Akimbo is the first super prime tower outside of downtown Vancouver and home buyers love it - they have made Akimbo the most successful tower launch since 2018," says Cam Good, President of Key Marketing. "It's a huge win, not just for IMANI, but for all of M…
Multi level retail/office sold for $31.2 million in Vancouver
Off-market deal involves multi-level retail/office building on West Hastings Street.
Building List Count by City
- Abbotsford - 447
- Agassiz - 28
- Burnaby - 55
- Burnaby East - 78
- Burnaby North - 367
- Burnaby South - 346
- Campbell River - 1
- Chilliwack - 221
- Cloverdale - 194
- Comox Valley - 10
- Coquitlam - 566
- Delta - 10
- Duncan - 41
- Esquimalt - 59
- Gulf Islands - 6
- Harrison Hot Springs - 13
- Harrison Mills - 1
- Hope - 22
- Ladner - 110
- Langford - 156
- Langley - 539
- Maple Ridge - 312
- Mill Bay - 2
- Mission - 65
- New Westminster - 444
- North Delta - 28
- North Island - 2
- North Saanich - 8
- North Surrey - 411
- North Vancouver - 747
- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
- Penticton - 8
- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 268
- Port Moody - 268
- Richmond - 1162
- Saanich East - 232
- Saanich West - 92
- Sardis - 154
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 714
- Surrey - 667
- Tsawwassen - 98
- Vancouver East - 1000
- Vancouver West - 2488
- Victoria - 665
- View Royal - 46
- West Vancouver - 230
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