1063-1075 Barclay Street | 143.1m | 48 Floors | Proposed

[jollyburger]

Of the 36 units in the building, 34 belong to two corporations, Barclay Thurlow Property Inc. (BTPI) and Shepstone Investments Inc., referred to as the majority owners. BTPI is affiliated with Westbank Corporation and Shepstone with Bosa Properties Ltd.

The units had been gradually purchased by the companies from individual owners with the goal of winding up the strata corporation and selling the property for redevelopment.

The rezoning had GL001 Nominee Ltd and Barclay Thurlow Property Inc as the registered owners.

2018:

But the rival developers couldn’t work together, or agree on a deal with each other, and instead decided to sell. The buyer is Grand World Holding Ltd. Corporate records show the entity was incorporated in the fall of 2016 and is registered at the offices of Richmond’s largest law firm, Pryke Lambert Leathley Russell LLP. Grand World has one listed director, Hong Qing Zhang, based in Hong Kong.

https://www.theglobeandmail.com/cana...markets-inner/