January 14
Disposition of 12 Residential and Commercial Development Sites in Kitsilano
Vancouver, BC
For CMHC, we had a major role in the disposition, via a combination of sale and lease, of 12 development sites in the Kitsilano area of Vancouver. Some of the properties were offered for sale to private sector developers and some were offered for long-term lease to nonprofit developers. Our role included designing the proposal call process, evaluating submissions, assisting in the selection of the successful proponents, and negotiating the detailed terms of purchase agreements and land leases.