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Development

PCI Acquires Cambie & 41st Site

PCI Group has acquired the prominent former Esso gas station site, now vacant, at the Northeast corner of 41st and Cambie from Coromandel Properties for $40,000,000.

The 130′ x 122′ C-2 zoned site was acquired by Coromandel from Imperial Oil in 2014 for $15,800,000.

Site diagram from a previous (now expired) development application for the site.

There have been no rezoning applications submitted to date, although the Cambie Corridor Plan identifies the site for a tower up to 150 ft. in height.

November 5, 2020by david.taylor@colliers.com

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