A local Vancouver investment group has purchased the Acme Labs property at 828 – 868 East Hastings Street.  Zoned M-1, the property was purchased for $7,250,000 and is 33,541 square feet in size with 275 feet of frontage on East Hastings Street.

Located mid-block on the south side of West 10th Avenue, this three storey, 11 suite apartment building is well positioned in the Fairview neighbourhood. Built in 1958, the Shavian Apartments had been owned by the Shavian family since construction.

The property was sold by Ted Mildon and Matt Saunders in June 2012.

2210 Commercial Drive traded on June 4, 2012 and was purchased by a private investor for $386 per square foot.

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.

Cressey has begun the development application process for The Ridge site on Arbutus Street at 16th Avenue.  Shown in the rendering above, the planned project would consist of five storeys, 52 dwelling units and 21,000 square feet of retail space, similar to the development of properties further North on Arbutus Street and much smaller scale than the upcoming Arbutus Village.  The project will preserve the iconic Ridge sign that has been on the site for decades as well as provide numerous amenities such as what is likely to become a grocery store and improved park space around the development.