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Development

Casino Still Eyed for West of B.C. Place

Casino still eyed for west of B.C. Place.

Bets are still on that Edgewater Casino will relocate to a site west of B.C. Place Stadium.

Las Vegas-based parent Paragon Gaming has extended its lease with Canadian Metropolitan Properties for the Plaza of Nations casino until 2015 while Paragon and B.C. Pavilion Corporation hold their cards close to the vest.

In April 2011, Vancouver city council rejected a bid to expand the licence from 600 to 1,500 slot machines, but the city gave Paragon the green light to move the licence to a proposed $450 million casino/hotel complex on PavCo land. Company president Scott Menke told the Courier in May that he was expecting to announce the move by the start of August. That was before PavCo CEO Warren Buckley resigned and Jobs, Tourism and Innovation Deputy Minister Dana Hayden took over on Aug. 1.

Read more: http://www.vancourier.com/life/Community+Calendar/7475023/story.html#ixzz2D41OpoMf

November 23, 2012by david.taylor@colliers.com
Development

For Sale – 563-571 West King Edward Avenue

Please contact Ted Mildon at ted.mildon@colliers.com for more information on this opportunity.

November 15, 2012by david.taylor@colliers.com
Development

Kingsgate Mall & Beedie Development – Globe & Mail Article

Courtesy of the Globe & Mail

“In the last year, industrial developer Ryan Beedie has moved into the more precarious world of residential development.

When asked why he’d bother, Mr. Beedie, who already oversees $1-billion in industrial real estate assets, agrees that it’s partly due to one simple reason. He’s bored.

“Absolutely,” he says, without hesitation, straightening up in his boardroom seat. “You are absolutely right. ‘What’s this shiny thing over here?’ Absolutely. We have also expanded industrial into Alberta – we have quite a few projects now going on in Calgary. Again, why do that? Good question. Because it’s fun – it’s a new experience.””

View the entire article HERE

November 15, 2012by david.taylor@colliers.com
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