An indicator of things to come:
The 28 storey proposed development on the former Dennys on West Broadway with a 10.7 FSR. The decision about this tower should serve to decide how dense the city plans to go with Broadway in the future.
https://www.vancourier.com/real-esta...ing-1.23633396
https://pricetags.ca/2018/12/19/its-...s-the-message/
The 13 & 11 storey proposed hotel development on West Broadway with a 8.38 FSR near the hospital. Again, the decision will give a good indicator of Broadway's future.
https://dailyhive.com/vancouver/878-...ancouver-hotel
https://rezoning.vancouver.ca/applic...dway/index.htm
Its looking like property values are getting over $2000/sqft (land value) for C3-A properties as they approach the Granville Broadway intersection. I'm guessing people are predicting that Granville & Broadway will see the highest density, likely because there's already some towers in South Granville. 1451 W. Broadway sold for ~$2400/sqft (assessed at $8.82) but its right beside the station so I assume its an abnormality. RM-3 is going for half that or less.
Sale prices per sqft decrease drastically when you go over to Arbutus or Oak.
Given that there is an office supply crunch and because commercial doesn't carry the same negative connotations maybe we will see some office towers proposed once the interim policy is over?
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