Tag 2024
Green Shoots for Industrial Strata As Normalcy Returns to Market
By: Peter Mitham July 8, 2024 Strata industrial space is showing signs of stabilizing after two years of lacklustre demand. New construction and a slower economy have expanded lease options for tenants, with CBRE Ltd. reporting a 2.5 per cent…
Mount Pleasant Building Scales New Heights Thanks To Zoning Change
By: Warren Frey June 17, 2024 One of Vancouver’s oldest and trendiest areas is climbing to new heights, thanks to a zoning change. Vancouver developer PC Urban Properties Corp. and Nicola Wealth Real Estate are launching a new industrial and…
PC Urban and Nicola Wealth Launch New Office and Industrial Strata in Mount Pleasant
June 3, 2024 PC Urban and Nicola Wealth have launched a new office and industrial strata development at 8th and Columbia in Mount Pleasant. Overlooking Jonathan Rogers Park, this thoughtfully-designed project is one of the first to be approved and…
PC Urban, Nicola Wealth Plan Vancouver Office, Industrial Project
By: Bren Arato June 7, 2024 PC Urban and Nicola Wealth have kicked off development of a six-storey office and industrial strata property in Vancouver’s Mount Pleasant neighbourhood. Dubbed the Foundation, the project is valued at $60.7m, according to PC…
PC Urban and Nicola Wealth Start Construction on Two Major Industrial Strata Projects Signalling an Uptick in Strata Sales
April 30, 2024 PC Urban Properties and Nicola Wealth Real Estate have commenced construction on two major industrial strata projects, signalling a return to increased demand for strata industrial after a slowdown of more than a year.Sales at both projects…
B.C. Industrial Biz Again Focused On Owning Their Space: PC Urban
By: Evan Duggan May 22, 2024 Brent Sawchyn has noticed a familiar trend re-emerging after roughly eight years developing the IntraUrban brand of strata industrial buildings in B.C. Sawchyn, CEO of Vancouver-based PC Urban, is seeing the market lean back…
Construction Activity Picks Up in Kelowna
April 27, 2024 April is construction month and to celebrate, here’s a look at several major construction projects currently underway in Kelowna. “The construction environment in Kelowna has seen significant pick up in just the last month,” says Brent Sawchyn,…
Vancouver High Rises Home to Few Children
By: Kerry Gold March 8, 2024 With Metro Vancouver projected to add another one million people in 17 years, it’s no wonder that the province has unrolled so much legislation aimed at increasing density, particularly around transit. If the projected…
How New Rental GST Wavier Is Easing The Impact Of Higher Lending Rates For Developers
By: Frank O’Brien October 10, 2023 The federal government has waived the goods and service tax (GST) on new rental construction, easing the pain of higher lending rates for rental developers offered via Canada Mortgage and Housing Corp.- insured loans.…
B.C. Builders Say GST Removal Will Spur Rental Projects
By: Kerry Gold October 6, 2023 Recognizing that somebody needed to come up with a solution to the housing crisis, a group of for-profit and non-profit housing experts locked themselves in a room in Ottawa and came up with a…