Steve Fame and Casey Weeks of Colliers International have sold the Asia Imports Building at 151 West Hastings Street for $6,500,000 to Century Group.

The building, formerly known as the Ormidale Block, is a 4-storey office building half a block East of Victory Square and directly across from the Woodward’s building.

Madison Pacific Properties Inc. Announces Resignation of CEO.

Vancouver City Council approved Westbank’s proposal for a 22 storey market residential tower under the STIR program at 1401 Comox Street in Vancouver’s West End yesterday.  Westbank originally applied to rezone the former church property in October of 2009 and after revisions to their proposal in 2010 and 2011 were successful in having the project approved.  The project will have a 7.14 FSR, stand 190 feet tall and 186 market rental units.

Ledingham McAllister’s Reflections highrise condo project in the Edmonds area of South Burnaby completed construction in Spring 2012, and has now sold 210 of the 218 available units at an overall average of approx. $490 per sq ft. The project began selling in mid-2010.

Ledingham McAllister is expected to introduce more residential units in the area with the redevelopment of Safeway’s distribution site. The project is expected to take at least a year or more to go through the rezoning process before development occurs.

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.

Read more: http://www.northshoreoutlook.com/news/160530635.html