Mahdi Mahdizadeh

Real Estate Broker

  • Home
  • Listings
  • Awards
  • Buyers
    • First Time Home Buyer
    • Land Transfer Tax Rebates
    • HST New Housing Rebate in Ontario
  • Sellers
    • Selling Your Home
  • Calculators
    • Mortgage Calculator
    • Land Transfer Tax
  • Testimonials
  • Contact Me

Commercial properties breathe life into barren districts

September 26, 2018 by thornhill201 Leave a Comment

It is no secret that real estate development is the single greatest catalyst for business growth, and a couple of Vancouver-area projects are taking it a step further by offering their locales novel services.

Vancouver’s Railtown district has not seen a new commercial building constructed in around 50 years, but Rendition Developments has entered the area with Bench, a 35,050 square foot, six-storey concrete building that will have a shuttle bus to Waterfront Station on the SkyTrain.

According to Brian Roche, Rendition’s president, the local neighbourhood is a mix of tech and gaming companies, architects, interior designers, furniture manufacturers, as well as a slew of other eccentrics and international companies. However, it has neither quick downtown access nor adequate parking.

“I think the shuttle service will be very popular,” said Roche. “The reason the shuttle was even contemplated is parking has always been a premium because most of the buildings are very old and sites have been very small, so they’re not conducive to underground parking.”

Railtown is an enclave of sorts just east of Gastown and close to the waterfront. Roche expects more development to continue building upon what Rendition started with Bench.

“We were the first ones in,” he said. “I bought the first land when the rezoning was talked about, and since we came in there have been half a dozen other developers who started coming in when they saw the potential in the area.”

In Port Moody, a Vancouver suburb of roughly 35,000, industry has been scarce. Most residents work in either Vancouver or Burnaby, but Panatch Group is trying to change that by working with the municipal government.[Read Me…]

Filed Under: Uncategorized

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mahdi Mahdizadeh
Real Estate on HomeLife/Bayview
505 Hwy.#7E.,#201Thornhill, Ontario
L3T 7T1

Please follow & like us

Follow by Email
Facebook
fb-share-icon
Twitter
Tweet
Contact Info
Cell: 416-832-0202
Office: 905-889-2200
Email: arealtor@rogers.com
Email: info@mahdimahdizadeh.com

 

Copyright Mahdi Mahdizadeh 2018 | Website Designed by BR DESIGN

Copyright © 2021 · AgentPress Pro on Genesis Framework · WordPress · Log in