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10th Apr 2025

Vancouver Whitecaps Eye PNE Site for New Stadium

Vancouver Whitecaps FC is in discussions with the City of Vancouver to construct a soccer-specific stadium at PNE fairgrounds in Hastings Park, potentially seating between 18,000 and 30,000. This move seeks to improve fan experience and financial performance, with the Whitecaps currently sharing BC Place Stadium.

Read the full story by Daily Hive.

10th Apr 2025

Foreclosed Oak Keys Project in Vancouver Listed at $11.5M

South Street Development Group is facing foreclosure on its Vancouver project at 851 W 28th Avenue. The $9 million mortgage, with a 13% interest rate, defaulted in August 2023. The outstanding debt reached $11,148,054.45 by January 2025. The property, listed by Colliers for $11.5 million, requires Supreme Court approval for sale.

Read the full story by Storeys.

10th Apr 2025

Tenants Demand Premium Office Space in Vancouver

Demand for premium office space in Vancouver is on the rise. According to Avison Young, the vacancy rate dropped from 27% in 2023 to 15.3% in early 2025, driven by an addition of 3.8 million square feet since 2020. AAA office space had a vacancy rate of 12.2%, showing that tenants favor newer, high-quality office environments.

Read the full story by BIV.

3rd Apr 2025

Vancouver Approves 3,097 New Homes Across 9 Projects

Vancouver Council approved nine housing developments, adding 3,097 new homes across 13 high-rise towers near SkyTrain stations. These include 2,603 rental homes, of which 446 are below-market, 383 condos, and 112 social housing units. Overwhelmingly transit-oriented, the developments aim to enhance urban density.

Read the full story by Daily Hive.

27th Mar 2025

Vancouver Office Tower Will Covert into Le Germain Hotel

Reliance Properties is converting a 12-storey office tower at 1111 West Hastings Street in Vancouver into the Le Germain Hotel Vancouver, marking the Germain Hotels chain's first British Columbia location. Set to open in 2029, the 96,000 sq. ft. of office space will be converted into a hotel featuring 180 guest rooms.

Read the full story by Daily Hive.

27th Mar 2025

Two Towers With 780 Rentals Proposed Next to Science World

The Vancouver Housing Development Office's new proposal on a long-vacant site across the street from Science World features 42- and 25-storey towers with 780 rental units. Standing taller than neighbouring proposals, the rezoning application emphasizes the need for high-rise buildings to enhance the city's skyline.

Read the full story by Storeys.

RC
RCSubscriber since May 2024
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As a legal practitioner with a busy practice, Real Estate Recap provides me with an insightful and quick update on the current real estate happenings in Canada. Not only is the information helpful for my personal use, it goes a long way in dealing with relevant legal issues for clients.
EM
EMSubscriber since December 2024
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Real Estate Recap is a fantastic resource! It’s packed with useful information about market trends and provides educating insights that help readers understand the real estate market better. The practical tips and clear explanations make it a must-read for anyone looking to stay informed and learn more about the real esate market!
SD
SDSubscriber since June 2024
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Staying on top of real estate news can be hard, but thanks to RealEstateRecap, I don’t miss a beat. Their updates are informative, and make it easy to stay in the know. Great Newsletter, Thank you
SG
SGSubscriber since June 2024
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Very informative newsletter! It is now my go to source for all real estate news.
SB
SBSubscriber since December 2024
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Great newsletter! Very insightful and it provides all the key points without being a long, tedious read. Very well done!

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