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Building Info
Arbutus Village Shopping Centre 4255 Arbutus Street, Vancouver, BC, Canada, V6L 3C8.
Larco Investments Ltd. is renovating the seven-acre mixed-use site currently Arbutus Shopping Centre. The existing Safeway will be moved to a different part of the new development.
Phase one involves Blocks A and B. Block A will have 100 units of dedicated rental housing - to senior and 50 family units -, 115 market rental units, as well as the Safeway and a restaurant.
Block B will have 170 market rental units and retail space.
Block C and D will include 115 residential units. Located on the west side of the site. Construction to start after phase 1 is complete.
Amenities in the new development will include; a neighbourhood house, a seniors centre, a recreation centre with an indoor swimming pool for strata owners, a public square and urban agriculture.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,614 in November 2022, a 52.9 per cent decrease from the 3,428 sales recorded in November 2021, and a 15.2 per cent decrease from the 1,903 homes sold in October 2022.
October 2022 Market Insights | REBGV
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease from the 3,494 sales recorded in October 2021, and a 12.8 per cent increase from the 1,687 homes sold in September 2022.
September 2022 Market Insights | REBGV
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4 per cent decrease from the 3,149 sales recorded in September 2021, and a 9.8 per cent decrease from the 1,870 homes sold in August 2022.
August 2022 Market Insights | REBGV
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent decrease from the 1,887 homes sold in July 2022.
Real Estate Related News Articles(Sun and Province)Search News
Metro Vancouver area drove rental demand in 2022 | CMHC
The rate for purpose-built rentals in the region fell below one per cent last year, while the average asking rent for vacant units is 43 per cent higher than occupied ones
Ministry of Housing making mandatory for developers and strata corporations to make minimum contingency reserve fund payments of 10% as of Nov. 2023
The B.C. government is ushering in changes it says will help protect owners in strata developments at risk of higher insurance costs due to neglected maintenance needs.