Howard Chai
Howard is based in Burnaby and covers real estate, housing policy, and the development industry.
Staff Writer & Western Lead
Development Projects
Westbank And Crombie REIT To Revise Broadway-Commercial Safeway Plans Once More
The Broadway-Commercial Safeway redevelopment by Westbank and Crombie REIT has seen numerous revisions over the past few years, and is going to get another.
Policy
BC Gov Announces Next 20 Cities To Receive Housing Targets
The next group of municipalities to receive housing targets under the Housing Supply Act include Surrey, Kelowna, and New Westminster, among others.
Condos
BC Spring Market Forecast: What Presale Buyers Can Expect In The Coming Months
To kick off 2024, the presale market in Metro Vancouver has been a bit better than perhaps some were expecting, but also not great. So, what's next?
Appointment Notices
David Podmore, Co-Founder Of Concert Properties, Announces Retirement
Along with Jack Poole, David Podmore founded Concert Properties in 1989, then known as VLC Properties.
Industry
Nexii Building Solutions, Under Creditor Protection, Sells Subsidiaries For $3M
After previously reaching "unicorn" status with a $1B valuation and hitting $2B, BC-based green construction company Nexii Building Solutions filed for creditor protection in January.
Industry
Foreclosed Coromandel Properties Site In Cambie Corridor Sold For $11.2M
The foreclosed site that was formerly owned by Coromandel Properties consists of 5188 and 5210 Ash Street in the Cambie Corridor of Vancouver, near Queen Elizabeth Park.
Condos
BC Spring Market Forecast: Wave Of High-Profile Presale Launches Rising In Surrey City Centre
In this series, presented by Spark, STOREYS explores British Columbia's spring market. In today's instalment: exploring how big name developers such as Bosa Properties, Anthem Properties, and Concord Pacific are all set to launch projects in Surrey City Centre in the coming months.
Development Projects
Concord Brentwood Phase 3 With Five Towers Up To 50 Storeys Receives Final Approval
Phase 3 of Concord Brentwood in Burnaby will sit at the southwest corner of the overall master plan site, between Dawson Street and Beta Avenue.
Policy
10 New Housing Actions Announced In Budget 2024 You May Have Missed
Budget 2024 includes a series of smaller actions that are flying under the radar, including a Short-Term Rental Enforcement Fund and an accelerated capital cost allowance for new rental construction.
Development Projects
Bosa Properties' 50-Storey Solhouse 6035 In Burnaby Receives Final Approval
Solhouse 6035 is the latest high-rise project by Bosa Properties in the Metrotown neighbourhood of Burnaby and is set to rise 50 storeys.
Construction
Housing Starts Decrease By 7% Across Canada In March, 26% In Toronto
The SAAR of housing starts across Canada dropped from 260,047 units in February to 242,195 units in March.
Policy
BC Property Owners Group Seeking Judicial Review Of Short-Term Rental Legislation
The petition to the Supreme Court was filed last week by the West Coast Association for Property Rights, also known as the Property Rights Association of BC (PRABC).
Load more