Real estate eyes focus on North Vancouver

NORTH VANCOUVER — Is the North Shore the next big real estate play?

That's the question posed at the April 9 Vancouver Real Estate Forum, which, for the first time in its nearly two-decade history is eying up the North Shore as the next investment hot spot.

The forum is slated to include Park Royal Shopping Centre vice-president Rick Amantea, as well as Beau Jarvis, vice-president of development at Onni, which recently won approval for its 344-unit condo development on Lonsdale Avenue in North Vancouver.

The decision to focus on the North Shore was made by a committee of about 20 real estate executives who cited the overhaul of Park Royal, the Seaspan shipbuilding contract and the possible Kinder Morgan pipeline expansion.

Those elements, combined with a scarcity of land south of the Burrard Inlet, have combined to make the North Shore a fertile ground for fresh foundations, according to Mark Stephenson, vice-president at Informa Canada, the company producing the forum.


Read more:  http://www.vancouversun.com/business/Real+estate+eyes+focus+North+Vancouver/8213074/story.html

Comments:
No comments

Post Your Comment:

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.