An assembly of properties at 1818-1862 West Broadway, on the South side of Broadway just West of Burrard Street, has sold for $56,250,000. The combined site has 300 feet of frontage and a total site area of 37,500 SF. The purchase price equates to $500 per buildable SF.
The site was listed and sold by Colliers earlier this year: http://www.collierscanada.com/19189#.WAfIb5Dn_ug
There is no word on immediate plans for redevelopment.
A co-op located on a 17,292 SF site in the West End of Vancouver has sold to a developer for $40,500,000.
Harcrest Apartments, located at 1055 Harwood Street, is a 3-storey 28-unit walkup building built in 1947. The property was listed for sale earlier in the year. The site was designated under the West End Community Plan to allow a new tower up to 300 feet in height, provided that some of the new building is provided as social housing.