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  #301  
Old Posted Jul 31, 2025, 11:35 PM
whatnext whatnext is online now
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Great to see Premier Eby forcefully reject developers' moaning over blocking foreign buyers and specifically singling out Curv as symbolic of part of the problem we now find ourselves in:

'That model is dead': B.C. Premier, housing minister rebuff developers' request for foreign real estate investment
"We are not going back to the Wild West days of empty condos, and foreign investment racking up the prices," said B.C. Housing Minister Christine Boyle
Author of the article: By Dan Fumano
Published Jul 30, 2025

“We are not going back,” Premier David Eby and Housing Minister Christine Boyle said Wednesday when asked separately about a push by large developers to get government to allow more foreign investment in real estate.

In a letter Tuesday, some of the biggest names in B.C. real estate asked the federal government to reconsider its ban on foreign entities purchasing residential property in Canada, and for the B.C. government to reconsider its tax on foreign buyers....

... On Wednesday, Boyle said she wouldn’t comment on what the federal government should do, “but certainly here in B.C., we’re not going to stop cracking down on speculation. We don’t want to go back to the days when foreign investors were buying up empty condos and leaving neighbourhoods empty and pushing up the prices for people and families.”..

... Eby, asked about the letter Wednesday, said he shares concerns about declining housing starts in some segments of the market but doesn’t believe the answer is bringing huge amounts of foreign money back into B.C....

“I accept that the old model of doing things is not working anymore. And frankly, I say good.

“If you want to see what the old market did, look at the CURV building project in the West End of the city of Vancouver, a site that started at $16 million by local developers that ended up being sold for $69 million after international money got involved. It was completely stupid and disconnected from what the local market can support.”...(bold mine)


https://vancouversun.com/opinion/col...ate-investment
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  #302  
Old Posted Aug 12, 2025, 3:10 PM
jollyburger jollyburger is offline
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Curv's presales website now redirects to the insolvency page

Quote:
The Receiver’s intended course of action is to engage a realtor to market the Project Lands for sale in an
effort to find a buyer. The Receiver is currently undertaking a review of all available information;
however, it is too early to comment on whether a buyer will be identified who will continue the Project in
its current format or take an alternative approach to developing the Project Lands.
https://www.insolvencies.deloitte.ca...ment%20LP.aspx
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  #303  
Old Posted Aug 12, 2025, 4:11 PM
AlessioSBT AlessioSBT is offline
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This is a reddit discussion about the building from 1 year ago.
It's interesting to read it now.

https://www.reddit.com/r/RealEstateC..._in_vancouver/

Last edited by AlessioSBT; Aug 12, 2025 at 7:13 PM.
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  #304  
Old Posted Aug 12, 2025, 6:43 PM
whatnext whatnext is online now
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Quote:
Originally Posted by jollyburger View Post
Curv's presales website now redirects to the insolvency page



https://www.insolvencies.deloitte.ca...ment%20LP.aspx
LOL, can I still snap one up?
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  #305  
Old Posted Oct 24, 2025, 6:15 PM
officedweller officedweller is online now
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  #306  
Old Posted Oct 24, 2025, 8:04 PM
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Glow Fun City Glow Fun City is offline
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Originally Posted by officedweller View Post

Pivot to hotel and rentals, maybe?
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