2014 Vancouver Purpose Built Multifamily Construction Approvals Increase 14 New Rental Construction Projects Approved In 2014 Which Impact Your Multifamily Properties
1. 7350 Fraser Street, Vancouver; Sunset Neighborhood; 95 New Rental Units
2. 275 Kingsway, Vancouver; Mt. Pleasant; 195 New Rental Units
3. 2975 Oak Street, Vancouver; Fairview; 50 New Rental Units
4. 3819 Boundary Road, Vancouver; Renfrew-Collingwood; 23 New Rental Units
5. 5648-5670 Victoria Drive, Vancouver; Kensington Cedar Cottage; 48 New Rental Units
6. 1600-1620 West 6th Avenue, Vancouver; Fairview; 99 New Rental Units
7. 1155 Thurlow St, Vancouver; West End; 168 New Rental Units
8. 706 W 13th Ave & 725 W 14th Ave, Vancouver, Fairview, 230 New Rental Units
9. 3501-3523 E Hastings St, Vancouver, Hastings-Sunrise, 87 New Rental Units
10. 506 W 60th Ave, Vancouver, Marpole, 129 New Rental Units
11. 458-476 W 41st Ave, Vancouver, Oakridge, 50 New Rental Units
12. 508 W 28th Ave, Vancouver, South Cambie, 65 New Rental Units
13. 1412-1424 E 41st Ave, Vancouver, Victoria Fraserview, 35 New Rental Units
14. 963 E 19th Ave, Vancouver, Kensington Cedar Cottage, 39 New Rental Units
These new construction starts will bring 1,313 units into Vancouver's multifamily market, an increase in supply of 2.3% on the approximate 56,000 purpose-built rental units in the city.
The above listed 14 projects are found distributed on the neighborhood map of Vancouver below:
Charlie Hughes
Multi-Family Investment Broker
Marcus & Millichap
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