Here is a construction update for a project that many people aren’t aware of outside of the media buzz surrounding its work stoppage earlier this year. The New Jubilee House is a new 13-storey, 162-unit affordable housing project located at the corner of Richards and Helmcken. The project is replacing an existing 87-unit building located across the street, which will subsequently be replaced by a condo tower by Brenhill Development. The project was designed by GBL Architects.

I am pleased to announce the sale of 1609 Cypress Street, a 16-unit apartment building in Kits. The building was sold to a local investor for $4,400,000.

I am pleased to announce the closing of another land assembly sale, this one at the corner of Granville Street & West 62nd Avenue. The 3-lot site was acquired by Coromandel Properties and now has development approvals in place under the new RM-9N zoning for a 40-unit project, in pre-marketing as “The Leveson“, expected to be complete in 2017.