2050 Marine Drive

2050 Marine Drive Land Development in North Vancouver

Land Development

CBRE was engaged by the Receiver through a Court-Order to conduct the sale of 2050-2070 Marine Drive - an exceptionally rare, fully rezoned redevelopment site in the District of North Vancouver. Situated on the border of North and West Vancouver, it is extremely well-located, with tenants benefiting from unobstructed views of the North Shore Mountains, Stanley Park, Downtown Vancouver, and the Burrard Inlet. 2050-2070 Marine Drive offers more than 324,000 sq. ft. of buildable area and has approved plans for a mixed-use project comprising three residential buildings with a total of 331 units. The Property was positioned as an attractive offer given limited competition and cost and time savings with a fully zoned project.

Due to the strength of this land development, CBRE launched a comprehensive marketing strategy to successfully transact this property.