Category News
Council Approves Multi-Unit Commercial Buildings
By: J.P. Squire January 17, 2023 Two new industrial buildings approved by Kelowna city council on Monday might raise a few eyebrows in Lake Country. PC Urban Properties Corp. plans to construct two-storey buildings containing 37 commercial units with a…
The real source of the B.C. housing crisis: governments, taxes and bureaucracy
By: Brent Sawchyn November 24, 2022 Brent Sawchyn is chief executive officer of PC Urban Properties, a real estate development company based in Vancouver. Housing supply and affordability is one of the leading issues across Canada, and the situation is…
“It’s The Next Evolution”: Why Stacked Industrial is on the Rise in Vancouver
By: Howard Chai November 23, 2022 It’s often said that a certain amount of constraints can spur one’s creativity, and that’s exactly what has happened with the industrial real estate market in Vancouver and the advent of “stacked” industrial spaces.…
Coquitlam Industrial Strata Project Bucks Headwinds as buyers line up
By: Peter Mitham November 10, 2022 Strong pre-construction demand is buoying hopes for PC Urban’s planned strata industrial project on Barnet Highway in Coquitlam, though the official marketing launch remains months away. “We have received a handful of unsolicited [letters…
Vacant homes welcome Ukrainian refugees as developers open doors
By: Peter Mitham October 3, 2022 A pilot project in Vancouver is pointing the way towards using vacant housing awaiting demolition to meet pressing needs. Three vacant homes at Nanaimo Street and East 10th Avenue in Vancouver are the first…
PC Urban, Nicola Wealth Plan Small-Bay Strata Industrial in Coquitlam
By: Peter MeisznerMay 25, 2022 PC Urban and Nicola Wealth have acquired a 3.4-acre property on Barnet Highway in Coquitlam to develop a light industrial strata project. The property is located at 2660 Barnet Highway, on the southwest corner of…
Development JVs offer local knowledge, funding, share risk: Execs
By Kerry Gold April 25, 2022 Institutional investors are increasingly moving into the development space in the Vancouver region and are partnering with local developers to make it happen. A panel discussion at the Vancouver Real Estate Forum on April 12 provided…
12-storey mass timber office tower to be built near future Mount Pleasant SkyTrain
By Kenneth Chan April 12, 2022 Plans to build a sizeable mixed-use commercial tower within Vancouver’s Mount Pleasant Industrial Area are moving forward. A development permit application has just been submitted to redevelop 123 East 6th Avenue — the northeast corner of…
Investors flock to vancouver property market
By Kerry Gold April 11, 2020 What came first, investor demand or a lack of supply? For many, the question of Vancouver’s affordability crisis is a lot like the old chicken-or-egg riddle. There are those who fiercely believe that local…
Land Values: False Creek Flats and neighbouring Mount Pleasant are Vancouver’s hot new real estate zones. Not everyone is thrilled
By Frances Bula March 24, 2022 As the list of health, biotech and other new property developments in the area keeps growing, some nearby residents worry about the potential impact on rental housing Walk around Seattle’s South Lake Union these days, and…