May 20, 2021
Downtown office boom fueling residential demand?
Our very own teammate, Andre Alie Day, was recently featured in an urbanYVR interview with Shawn Brown, a Vancouver residential broker at West Haven Group. The two discussed downtown Vancouver’s current office tower boom and how it could affect residential real estate prices in Downtown Vancouver. Click here to visit urbanYVR’s website to read the full article.
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Metro Vancouver Office Figures Q1 2025
Metro Vancouver's overall office vacancy rate fell to 10.7%, a 50 basis point drop from the previous quarter, marking the first time since Q2 2021 that Downtown core vacancy is lower than Suburban vacancy.
British Columbia’s Digital Technology Supercluster
Since the 1960s, BC has been growing as a technology-enabled economy. Companies in BC introduced the world’s first cellular radio, developed the technology that powered the first broadband internet networks, and commercialized the world’s first quantum computer.
Tech Taking Off in False Creek Flats
PCI and Low Tide’s new development at 565 Great Northern Way will be the first new multi-tenant office building in that area in 18 years. Set for completion in Q2 this year, this flagship building is part of a larger development plan that will see nearly 2 million sq.ft. of future office space to be introduced to the area.
