Bosa Development has acquired Pacific Point, a 227-unit strata building located at 1323 Homer Street, at Pacific Street in Downtown Vancouver. The 20 year old project includes two phases over a common podium and is stratified but has been operated as a rental building since completion. It includes 11 commercial units on the ground floor. The building had been listed for sale by the Vendor, Concert Properties. The price per unit is approximately $350,000.

2210 Commercial Drive traded on June 4, 2012 and was purchased by a private investor for $386 per square foot.

North Van city mulls how to handle amenity contributions.

Today, it boasts little more than the shells of a furniture shop and Chinese restaurant, both long out of business. But, like many unused sites in the Lower Lonsdale neighbourhood, 127 E. Third St. has caught the eye of a developer.

BT Investments is proposing a seven-storey mixed-use development for the 125-foot-wide site. Last month, plans for the plot — which include 43 strata units ranging in size from studios to two-bedroom suites, four retail spaces and 18 market rental apartments, with a covenant that will bind them as rental units in perpetuity — went to a town hall meeting.

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Concert Properties has closed on a three-acre site on Quebec Street at East 1st Avenue in the Southeast False Creek area of Vancouver for $47,000,000.

The site was listed for sale by Translink last year as part of the sale of several surplus properties  to generate funds for a revolving land account that the transit authority will use to acquire properties for development.