Howard Chai
Howard is based in Burnaby and covers real estate, housing policy, and the development industry. You can email him at howard@storeys.com or message him anonymously on Signal at HowardChai.24.
Development Projects
Peterson Ups Burnaby Blake Village Project To 5,250 Units As Site Prep Begins
Peterson is revising the plan for 6800 Lougheed Highway after Burnaby introduced a new OCP and height-based development framework.
Listed Commercial
Terracap, Great Gulf Move On From Long-Dormant King-Spadina Project
Over the years, they renovated the office and retail building at 401-409 King Street West, and later constructed a commercial building at 415 King Street West. The building was a longtime home to an LCBO before becoming home to Spirit Halloween and, more recently, the Toronto Night Market.
Affordable Housing
Vancouver To Develop Affordable Multiplex Via Housing Design Catalogue, Federal Funds
The 12-unit project is set for 3122 SE Marine Drive, will cost $8.5 million, and will make use of both the Housing Accelerator Fund and Affordable Housing Innovation Fund.
Retail
Hudson's Bay Left Behind 15 Million Sq. Ft Of Space. What Happens To It Now?
Liquidating HBC's assets and closing all of its stores was the easy part — and has mostly been completed already. The hard part is determining what to do with the huge blocks of vacant space left in the company’s wake.
Development Projects
10 Major Metro Vancouver Developments Set To Complete In 2026
Developers like Anthem, Beedie, Chard, Concert, QuadReal, PCI, and Polygon all have notable projects set to complete this year.
Commercial
Confident In Office, Europro JV Buys 7.8-Acre Yonge Corporate Centre From Cadillac Fairview
With the Yonge Corporate Centre acquisition, Europro now owns three significant assets along Yonge Street in the North Yonge corridor.
Retail
Grosvenor Acquires Full Ownership Of Victoria Broadmead Village Mall Valued At $95.5M
The Shopping Centre at 777 Royal Oak Drive in Victoria was co-owned by Grosvenor and the Manitoba Civil Service Superannuation Board.
Retail
Hullmark Buys Spadina Road Retail Property For $21.7M
The mixed-use building is fully leased, with tenants including Forest Hill Spa, Forest Hill Pets, a Starbucks, and others.
Development Projects
Vancouver General Hospital Unveils 10-Phase Campus Redevelopment Plan
The new Vancouver General Hospital campus would include over 3.2 million sq. ft of modernized healthcare space across buildings up to 24 storeys.
Development Projects
Surrey City Development Corporation Planning 4 Towers Near Gateway Station
The four towers planned by the Surrey City Development Corporation (SCDC) are set for a 5.7-acre site between 133 Street and University Drive steps away from Gateway Station.
Retail
RioCan Bids $141M To Buy Out Hudson's Bay JV From Georgian Mall, Oakville Place
RioCan contributed 50% stakes in the Georgian Mall and Oakville Place to the joint venture it formed with Hudson's Bay in 2015 and is now taking full ownership.
Development Projects
Holborn Submits Plans For 3 Tallest Towers In Vancouver, Including Supertall Hotel
The three towers proposed by Holborn are set for 501 and 595 W Georgia Street in Vancouver and include a 63-storey tower, a 68-storey tower, and a 79-storey tower.
Load more