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Downtown starts to boom again with development — and not all of it is condos

October 28th, 2010 · 21 Comments

Didn’t put this up yesterday, but here’s my story on the announcement about the big tower development for Burrard on the current Pattison Toyota site.

As I note in my story, although the development is mostly condo, it also has 200,000 square feet of office space because the developers (Pattison, who owns part of the block, and Jon Stovell at Reliance, who owns another part) believe there’s a market for that these days.

That’s something commercial brokers have been noticing, too, with the result that there are many plans afoot for new office buildings in downtown Vancouver. A relief for those who fear that downtown Vancouver is turning into the bedroom community for people working in Burnaby, Richmond, Surrey office parks.

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