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.

Open house displays Fraser Mills plans.

It doesn’t appear changes to a massive development along the Fraser River in Coquitlam have dampened interest from residents and perspective buyers.

Dozens of residents from around the Tri-Cities turned out to an open house Wednesday night in Maillardville to see the changes proposed for the Fraser Mills development in Coquitlam.

Surrey Leader – Parking cap for condos gets cool reception at Metro.

A trend towards less vehicle ownership and fewer people driving has prompted Metro Vancouver officials to recommend caps on how many parking spaces are built into new apartment and condo buildings, particularly those near public transit.

A survey by Metro staff found strata buildings have 18 to 35 per cent more parking stalls than are actually required by residents – a vast waste of unused space.

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Plans for Surrey’s tallest building, all 50 storeys, unveiled.

SURREY – Century Group unveiled plans for a 50-storey mixed-use hotel and residential project on Thursday that president Sean Hodgins says will be “the best address in Surrey.”

The project, called “3 Civic Plaza,” is a partnership between Century Group and Surrey City Development Corporation (SDCD) and will be located at the crossroads of City Parkway and 104th Avenue.

Kenstone Properties is proposing a new project at 1155 Hornby Street in Downtown Vancouver. The project entails a 20-storey tower with 164 residential units, and the preservation of the Murray Hotel building through a heritage revitalization agreement. It is listed on the heritage register as a ‘B’ class heritage building. The project also involves the retention of 106 Single Room Accomodation units at 1119 Hornby. The total proposed density is 5.94 FSR. The site had been sold in 2007.