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Lawsuits over stalled Atmosphere condo development to continue in court
The Vancouver Sun · 26 Sep 2025 · Maria Rantanen
The fate of a stalled development on No. 3 Road in Richmond's city centre continues to wind its way through the courts with more than 800 residential units on hold. Just last week, a three-judge panel at the B.C. Court of Appeal largely overturned a previous S…
Atmosphere Development's Richmond Project Under Review
Western Investor · 11 Sep 2023 · Marie Rantanen
A large development in Richmond's city centre - that is under creditor protection - could have a new building permit application into the city within the next couple months. The decision is expected to attract protests from pre-sale buyers at the project, who …
British Columbia’s hotel industry continue struggling due to pandemic
Western Investor · 09 Jun 2021 · Frank O’Brien
"COVID-19 has proven to be far worse than the 2008/2009 global financial crisis, SARS outbreak in 2003, 9/11 and the Gulf War combined," noted the2021 Canadian Hotel Investment Reportfrom Colliers International, released in May.
Receivership proceedings began nearly two years ago for 1289 Nicola St.
Western Investor · 28 Nov 2020 · Howard Chai
After being tied up in insolvency proceedings for nearly two years, the development site at 1289 Nicola St. in the West End of Vancouver has finally been sold, according to filings in the Supreme Court of British Columbia. Located just two blocks away from Sun…
Hundreds of pre-sale Richmond condo owners left hanging by developer
Western Investor · 22 Jul 2019
Andersons Square Holdings Ltd., run by former city council candidate Sunny Ho , notified its customers last week that it's cancelling the pre-sale contracts for the Alfa development at Anderson Road and Buswell Street, with a full refund of deposits, plus inte…
Non-resident buyers’ impact on BC revealed
REP · 04 Mar 2019
"It's 20% in the City of Vancouver, and it increases to 25% in Richmond and Coquitlam. So if every one in five to one in six new condominium apartments are owned by people who don't live or work here, non-residents are an important component of housing demand,…