North Shore Outlook – North Vancouver city council green lights Harbourside OCP amendment.

In what’s becoming a weekly scene at city hall, residents once again filled council chambers Monday night to debate another contentious development project.

On the menu this week was Concert Properties’ and Knightsbridge Properties’ mixed-use community planned for the vacant waterfront lands on Harbourside Drive, just east of Bodwell High School.

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Often considered a bellwether of the overall residential market in Metro Vancouver, resales of Westside homes are definitively showing a slowdown. According to MLS statistics, with just 47 homes sold as of June 20, it is expected that June 2012 will conclude with below 100 sales. If it happens, it will be one of the slowest months in the past few years and the first June since 2000 to finish below 100 sales.