The 5th Floor at Jameson House, 838 West Hastings Street has been sold for $4,100,000, representing $700 per sq ft. The office floors have been listed for sale for several months. The purchaser is a user that will occupy the space.

According to a City of Vancouver Census Data Series, perhaps not surprisingly, Downtown Vancouver has blown away every other neighbourhood in Vancouver in terms of population growth over the past 30 years.

The Downtown population (excluding the West End) grew from about 6,500 in 1971, to about 60,000 in 2011. Most areas grew at a rate lower than annualized inflation.

Source: Statistics Canada via City of Vancouver

Rental housing at risk of being lost: study.

A Metro Vancouver housing study is warning that thousands of older, affordable, much-needed rental housing units in the area are in danger of being removed from the market due to redevelopment pressures.

Many of the units were built more than 40 years ago under federal government tax incentive schemes – long since ended – and Metro politicians are renewing the call for the incentives to be brought back.