Archive | Send to a Friend | www.boma.bc.ca | BOMA Marketbase | ||||||||||||||||||||||||||||
July 12, 2023 | ||||||||||||||||||||||||||||
Association News
Our tropical getaway (aka BOMA Island Breeze Boat Cruise presented by Gateway Mechanical) departs tomorrow, July 13th!
Before our yacht leaves the dock, make the day a breeze by reviewing these importanant details.
We had several new members join the Association in June. Please join us in welcoming them to BOMA BC!
BOMA's new Mentorship Program is seeking two corporate sponsors. This program will establish a structured framework to help connect experienced industry mentors with enthusiastic mentees. This initiative aims to cultivate a dynamic ecosystem of knowledge-sharing and personal development.
Facilitated by Change My Life Coaching CEO, Kyle Kalloo (pictured above), the program includes four in-person sessions.
For more information and to become a sponsor, visit the link below and/or contact Kiomi Lutz at kiomi@boma.bc.ca. Along with our upcoming Energy Star Portfolio Manager Training Webinar and BOMA Golf Classic, we have several exciting events on the horizon. More details coming soon!
• Aug. 24, 12:00 PM - 3:00 PM - TNP: Picnic in the Park, Second Beach, Stanley Park, Vancouver, BC
• Sep. 6, 11:30 AM - 1:00 PM - QBT Session, 1035 W. Pender St., Vancouver, BC • Sep. 7, 3:00 PM - 6:00 PM - Women of BOMA - She Connects: A Mixer with CREW Vancouver (WOB allies of all genders are welcome), Skyview Lounge, Vancouver Center II, Vancouver, BC
• Sep. 21, 11:30 AM - 1:30 PM - BOMA Luncheon, Fairmont Pacific Rim, Vancouver, BC
Government Affairs
The City of Vancouver has launched the Development Potential Relief Program (DPRP), a pilot initiative that offers property tax relief to eligible buildings. The program aims to address high property tax concerns among small businesses. BOMA BC is collaborating with the city to enhance the program. Eligible commercial properties must meet specific criteria, and feedback is being gathered to drive necessary improvements.
Events & Education
Learn from Cadillac Fairview’s experience in the newly released case study on the redevelopment of 725 Granville St., in Vancouver. Produced in partnership with Footprint, CF and BOMA BC, this case study showcases how carbon emissions were weighted and measured for this iconic project that led to CF’s redevelopment decision.
Good to Know
Source: Real Estate News Exchange
Flex office spaces have been gaining popularity as companies debate their office strategy with the rise of hybrid work. Event Calendar
National News
Around the Industry
Source: Daily Hive Urbanized
The Semiahmoo First Nation received $14.4 million in funding to construct an organic waste recycling facility on its reserve in South Surrey. Source: Daily Hive Urbanized
Office space on the base podium levels of the mixed-use tower called The Smithe has sat vacant for two years, so the developers submitted a permit to convert the space to 36 hotel suites. Source: REMI Network/Canadian Property Management
The national office vacancy rate surpassed 18 per cent in the second quarter of 2023, the highest level recorded since 1994. Source: REMI Network/Canadian Property Management
Real estate analysts identified hundreds of commercial spaces in Toronto, Montreal, Vancouver, and Calgary that meet the criteria for conversion to residential spaces.
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