GWLRA Breaks Ground on Celo MF Project
GWL Realty Advisors has commenced construction on its Celo rental-apartment project in North Vancouver, B.C.
North Vancouver city council unanimously approved the firm’s multi-family development application in the summer of 2024.
The development site is located at 140 West 19th Street in the central Lonsdale area. Plans call for a six-storey building to contain 91 rental units. Amenities will include a tenant lounge, fitness centre co-working spaces, pet-friendly station such as a dog run and pet-wash station, along with a children’s play area. All are part of GWLRA’s goal to foster a strong sense of community within the building.
“Breaking ground on this project reinforces our long-standing commitment to creating high-quality rental housing in North Vancouver and across Canada,” said Glenn Way, president of GWLRA.
Toronto-based GWLRA expects Celo’s doors to open to residents in 2027.
Pictured: GWLRA’s Celo apartment project in North Vancouver, B.C.
Rendering: Courtesy of GWL Realty Advisors
Other News
MBTA Issues RFQ for Redevelopment of Lynn Commuter Parking Garage
The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
Learn more
Kidder Mathews Arranges Sale of 45-Unit Multifamily in Walla Walla
Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
Learn more
Brightshore Acquires Newly Built Long Island City Luxury Apartments
Brightshore Capital LP, formerly GTIS Partners, has acquired DŌMI, a newly constructed, 190-unit luxury multifamily property located at 29-24 40th Ave. in Long Island City, for slightly more than $143 million. The acquisition through Brightshore’s Opportunity Zone Fund II was financed with a $98.5-million loan from Affinius Capital. The seller was a joint venture of...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout