Howard Chai
Howard is based in Burnaby and covers real estate, housing policy, and the development industry. Signal: HowardChai.24
Staff Writer & Western Lead
Development Projects
Calgary Planning Commission Approves New $270M Arts Commons Expansion Building
The Arts Commons Transformation (ACT) project is being undertaken by the Calgary Municipal Land Corporation (CMLC).
Development Projects
Transit-Oriented Developments Set To Usher In A New New Westminster
The Columbia Square redevelopment that was approved this week is just one of many transit-oriented developments planned for New Westminster.
Office
Oxford Properties & AIMCo Sell 4-Tower Bow Valley Square In Calgary For $140M
The Bow Valley Square office complex was acquired by Armco Alberta, subsidiary of George Armoyan's G2S2 Capital Inc.
Multifamily
First Capital REIT Sells 50% Stake In North Vancouver Project For $29M
Victor, located at 65 Chesterfield Avenue in North Vancouver, was developed by Cressey Development and First Capital REIT.
Office
Cadillac Fairview Sells 26-Storey Calgary Office For $16.9M To Enright Capital
The office building sits at 635 8th Avenue SW in Calgary and was acquired by Calgary-based Enright Capital.
Retail
Vandyk-Owned Van Mills Retail Centre In Mississauga Sold Via Receivership
The Van Mills Centre retail plaza was owned by Vandyk Properties and was placed under receivership in February 2024.
Industrial
TransLink Pays $85.6M For Two Industrial Properties In Surrey
TransLink has acquired 13221 76th Avenue and 7678 132nd Street, two properties adjacent to the Surrey Transit Centre.
Industry
Waterstock Properties' Surrey Southend Village Master Plan Under Foreclosure
Waterstock Properties was planning four buildings along 16 Avenue in Surrey, near Peace Arch Hospital.
Development Projects
PCI Developments Refines Twin 39-Storey Spring Street Project In Port Moody
The transit-oriented development is planned for 60 Williams Street and 3006-3020 Spring Street and will also include a public transit plaza adjacent to Moody Centre Station.
Policy
Burnaby Postpones Implementing Provincial TOD Legislation Once More
The Province's original deadline for local governments to implement Bill 47 was June 30, 2024.
Development Projects
Indigenous Kʷasən Village Master Plan In Burnaby Receives Final Approval
Kʷasən Village is planned for the 40-acre Willingdon Lands site at the intersection of Willingdon Avenue and Canada Way in Burnaby.
Development Projects
Grosvenor Seeking Deferral On Social Housing At Mayfair West In Oakridge
The Mayfair West project by Grosvenor is being planned for the Oakridge Transit Centre site near Oak Street and W 41st Avenue in Vancouver.
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