The University Golf Club is owned by the Musqueam First Nation. They received it in 2008, along with the 20 hectares of land in Pacific Spirit Park where they've developed leləm̓ Village, and a public park. The agreement requires the band to keep the golf course in place until 2083.
The deal came after the B.C. Court of Appeal ruled in 2005 that the province failed to adequately consult with the Musqueam when the government approved the 2003 sale of the University Golf Club course's land to UBC, who were repaid $30m when the sale to them was reversed.
Stanley Park and Pacific Spirit Park are very similar. Both were extensively logged starting before the turn of the 20th century, up to the 1930s, and while there are vestiges of old growth forest in both, most of the trees are second growth (or more recent where storm damage has felled parts of the second growth forest).

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Vancouverbigtrees]