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
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.
Listed Commercial
Thind Properties Moving On From 4-Tower Minoru Square Project In Richmond
The Minoru Square project was planned for 5768 Minoru Boulevard in Richmond before Thind Properties shelved the project last year.
Development Projects
Gracorp And Fiera Real Estate In Legal Battle Over JV Project In Vancouver
The joint venture between Gracorp Properties and Fiera Real Estate is a 16-storey rental tower planned for 1045 Burnaby Street in the West End of Vancouver.
Construction
Metro Vancouver Housing Deficit Grows To Over 45,000 Homes
While the pace of homebuilding has increased, it has not been able to keep up with the pace of population growth.
Construction
Inside The Cost-Profit Analysis Of Three-Bedroom Units In Metro Vancouver
Three-bedroom units are oftentimes essentially subsidized by the studio and one-bedroom units, developers say.
Industrial
City Of Richmond Pays $68M For Industrial Property Valued At $32M
The property sits at 7280 River Road, one block away from No. 3 Road and Alderbridge Way in Richmond.
Office
Slate Asset Management Announces "Strategic Reduction" In Office Portfolio
The announcement came just a week after Slate Asset Management said it was terminating its management agreement with Slate Office REIT.
Office
Westbank Sells M2 Office Building In Vancouver For $115M To Spear Street Capital
The M2 office building sits at 114 E 4th Avenue in Vancouver and is part of the ongoing Main Alley development by Westbank.
Construction
How DCC Rates Compare Across Metro Vancouver Municipalities
A recent report found that rates for development cost charges (DCCs) vary quite significantly from city to city.
Office
TD Greystone Sells Partial Stake In Vancouver Telus Garden To Morguard
Telus Garden sits at 510 W Georgia Street in Vancouver and was developed by Westbank and Telus, who then sold it to Greystone Managed Investments and Forgestone Capital.
Development Projects
40-Storey Rental Tower In Downtown Kelowna By Mission Group Moves Forward
The development is being proposed by Mission Group and is set for 1355 St. Paul Street, adjacent to the new UBCO Downtown tower currently under construction.
Development Projects
Seven Years After $245M Sale, 1608 W Georgia In Vancouver Remains Dormant
The 1608-1616 W Georgia Street site in the West End of Vancouver was formerly home to a White Spot that was sold for $245 million in December 2017.
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