Chinatown Development Site With Approved Development Permit

Transcription

1 Chinatown Development Site With Approved Development Permit Location Vancouver British Columbia Contact Michael Heck Jack Allpress* Derick Fluker* COLUMBIA STREET 105 Keefer (Beedie Group) Proposed 144 Units MAIN STREET KeeferBlock (Solterra) 82 Units KEEFER STREET 950 Parking Stalls Subject Site BlueSky (Bosa) 192 Units 188 Keefer (Westbank) 156 Units *Personal Real Estate Corporation

2 633 Opportunity 105 Keefer Proposed Development Opportunity to acquire a vacant parcel located in Vancouver s rapidly gentrifying Chinatown neighbourhood. Plans in place to construct a 51,863 SF mixed use building comprised of retail on the ground floor with residential above, with the opportunity to purchase with Development Permits in hand. Upgraded Public Plaza 129 Keefer 50 Lot 137 Keefer Street Highlights The Keefer Suites DP ready mixed use building in highly desirable neighborhood with increasingly attractive demographics and neighborhood amenities Central location that is currently in a state of transition with approximately eleven projects in various stages of development, (five recently completed or currently under construction, and six are in the planning stages) CORDOVA RAILWAY AVE. DUNLEVY Overlooking Andy Livingstone Park Chinatown is one of Vancouver s oldest and most culturally significant neighbourhoods and contributes to a unique appeal which has supported the area s longstanding commercial success The removal of the Georgia Viaducts, the construction of the new St. Pauls Hospital, and the completion of the Concord lands will further enhance the neighborhood Exceptional retail exposure along Keefer Street with approximately 5,920 vehicles and 2,074 pedestrians travelling the corridor daily HASTINGS CAMBIE PACIFIC BOULEVARD HA-1, HA-1A, HA-2 CD-1 DD M-1 PENDER KEEFER WATER HASTINGS ABBOTT CORDOVA TAYLOR CARRALL EXPO BOULEVARD DEOD RT-3 BCPED FC-1 HA-1 COLUMBIA QUEBEC MAIN Dr. Sun Yat Sen Park NATIONAL AVE. HA-1A GEORGIA STATION GORE AVE. C U P Chinese Cultural Centre of Greater Vancouver Chinatown Memorial Plaza 135 Keefer St. 02

3 Rendering of Approved Development Plans Salient Details Legal Description: Lot 20 Block 15 District Lot 196 Plan 184 PID: Lot Size: Width 50 ft x Depth 122 ft Total 6,100 sq.ft. - October Gross Site Area: Access: Visibility: 6,100 sq.ft. The Properties are located mid-block between Main Street and Columbia Street 50 feet along Keefer Street Rendering of Approved Development Plans Traffic & Pedestrian Counts: Keefer Street, approximately: 5,920 vehicles per day 2,074 pedestrians per day Zoning: Improvements: Development Potential: Parking: HA-1A (Historic Chinatown) Property is currently vacant Commercial: 5,976 SF Residential: 29,286 SF Gross Building Area: 51,863 SF (excl. parking) Net Saleable Area: 35,262 SF (7.09 FSR) 22 stalls & 2 disability stalls accessed via parking elevator Asking Price: $13,580,000 ($262 PSFB) - October

4 Surrounding Developments Keefer by Beedie Living 127 Units 2. Blue Sky Chinatown 633 Main Street by Blue Sky Properties 192 Units Keefer Street by Westbank 156 Units DOWNTOWN VANCOUVER 4. Keefer Block 543 Main Street by Solterra 81 Units 5. In Gastown 150 East Cordova by Port Living 61 Units Subject Property 5 CORDOVA STREET 6. Framework 231 East Pender by Porte Development Group 7. Keefer Gardens by Rendition Developments 52 Units DUNSMUIR VIADUCT MAIN STREET E HASTINGS STREET E PENDER KEEFER STREET Gore by GMC Projects Inc. 65 Units GEORGIA VIADUCT 04

5 Form Real Estate Advisors Seymour Street Vancouver, BC V6B 5A6 T F All communications and inquiries related to this opportunity, or requests for additional information or requests regarding procedures, must be made to the Form Retail Advisors Inc. agents named on the first page. No personnel of the Vendor or any of its affiliates should be contacted directly under any circumstance. Disclaimer: None of the Vendor, its affiliates, Form Real Estate Advisors Inc. or any of their respective representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document, and interested parties should conduct their own independent analysis of the information contained or referred to herein. Nothing contained in this document is, or should be relied on as, a promise or representation, whether as to the past or the future. The Vendor, its affiliates, Form Real Estate Advisors Inc. and their respective representatives are under no obligation to accept any offer made by any person or entity regarding this opportunity.