Michael Hungerford is a partner in Hungerford Properties, a Vancouver based investment, development and management company specializing in Western Canadian residential, office, retail and industrial properties.
Vancouver needs to be able to attract large job creators. With their proposed new rezoning, the City estimates a maximum potential of 500,000 SF of new digital and tech office space will become available and they are worried that any more would create a supply glut. That is unlikely to happen. It's not even enough to create the supply needed now.
There's a growing interest in preserving heritage in Vancouver, but it's not just the city's residential homes that contain fascinating and noteworthy histories. Vancouver's industrial buildings have some interesting stories behind them.
06/25/2014 12:16 EDT
For such a real estate rich city, Vancouverites have some fairly backwards attitudes, witnessed most recently in the vehement and emotional outbursts opposing high-density developments along transit lines. But what's wrong with a 20-storey tower? We need to think bigger and higher because in 20 years, we'll be standing outside the station on Cambie and looking at little 4-storey buildings and asking why we didn't.
02/18/2014 06:24 EST
Laneway housing has been a hot news topic in Vancouver this fall. Often, stories have presented this latest housing trend as the ultimate answer to building affordability into the Vancouver market. But based on numbers alone, a laneway house project is probably not a solid investment for landowners.
11/19/2013 04:05 EST
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