Category News
South Vancouver Rental Project Slated to break Ground Next Week
By: Jeremy Nuttall September 9, 2024 Construction will begin next week on an $88.1m residential rental project in South Vancouver, Green Street News can reveal. PC Urban Properties and Fiera Real Estate will break ground on a 141- unit, two-building…
Higher Design And Better Amenities: The New Industrial Real Estate Complex
By: Howard Chai August 9, 2024 Metro Vancouver has had one of the strongest industrial markets in the country for numerous years now. Not dissimilar from what we’ve seen in residential development, strong demand for industrial space has brought increased…
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, 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…
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…
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 Industrial Developers Are Adjusting To Changing Marketplace
January 17, 2024 Vancouver developer PC Urban Properties, in partnership with Nicola Wealth Real Estate, is currently building a third strata industrial development in Kelowna at 9640 McCarthy Road. The four-acre site will soon become a 105,000-square-foot development for local…
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…