[Burnaby] Highline | 177 m | 48 fl | U/C

[towerseeker101]

I feel like this turned out nicer than the Lumina series of buildings, saw some unit listings online. However, based on Google reviews, sounds like quality issues still exist (or the result of Thind's financial condition).

[domusile]

It looks like the office component sold this week to Mundi Hotel Enterprises who will be opening a Hyatt Place

[BaddieB]

Always good to see more hotels opening up. Boosting hotel supply is an economic no-brainer.

[officedweller]

Originally Posted by domusile

It looks like the office component sold this week to Mundi Hotel Enterprises who will be opening a Hyatt Place

Nice that it's a well-known hotel brand.

[kja384]

Article: Thind Sells Hotel Component At 48-Storey Highline Metrotown For $47.2M


https://storeys.com/thind-highline-metrotown-hotel-mundi/

[whatnext]

The strata corp at Highline is now having to sue Thind:

B.C. developer Thind Properties hit with strata lawsuit seeking $1.1M
Embattled developer allegedly owes $1.1M for unpaid strata fees and other amounts
-Jami Makan
-Dec 17, 2024 12:40 PM

The strata corporation for a distressed Thind Properties Ltd. project has entered the fold, just as the embattled developer’s project and another one were put into receivership by a B.C. Supreme Court judge Friday.

The strata corporation for Thind’s completed but largely unsold Highline building in Burnaby’s Metrotown area claims it is owed $1.1 million from the local developer, which is mired in litigation after becoming insolvent earlier this year.

According to court documents, 119 units in Highline are apparently unsold and held in the name of a Thind subsidiary. The strata corporation claims it is owed $1,100,016.35 for unpaid strata fees in respect of these units, as well as interest and other amounts.

B.C. Supreme Court Judge David Masuhara on Friday placed Highline and another stalled Thind project, Minoru Square in Richmond, into receivership following a petition by the projects’ lender, Toronto-based KingSett Mortgage Corp., which said it is owed in excess of $300 million across multiple Thind developments....

https://www.biv.com/news/real-estate/bc-...-with-strata-lawsuit-seeking-11m-9969432

[officedweller]

Cool lighting display on the canopy of the Hyatt Place:

https://www.instagram.com/p/DYzvP8Ex7vy/