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British Columbia

Kamloops’ pit split

They may soon see those big-spending mining days return, if the backers of the $800 million open-pit Ajax Mine have their way.

Two million square feet of offices dark in Metro suburbs

Approximately two million square feet of suburban office space is sitting vacant, representing more than two-thirds of all the vacant offices in Metro Vancouver, according to a report from Avison Young.

Mega mall approved for Tsawwassen band lands

A bid to build Metro Vancouver's largest shopping mall on former Agricultural Land Reserve near the Tsawwassen ferry terminal in South Delta appears a done deal after members of the Tsawwassen First Nations voted last week to proceed.

Bears, bulls battle over Vancouver housing bubble

Vancouver 's housing market is a bubble that is about to deflate. The Vancouver housing bubble is a myth and average home prices will continue to increase in 2012.

Speculators betting on Kitimat's housing market

As hearings into the controversial Gateway pipeline open in Kitimat, real estate specualtors are apparently voting with their wallets. Last year, housing sales in the nothern port city more than doubled and the total dollar volume hit $29.

Port Coquitlam green roof policy vindicated

When Port Coquitlam became the first municipality in Canada to mandate green roofs on large commercial buildings in 2006, developers were skeptical.

Contractors ready for Site C's big spending spree

Contracts for the proposed Site C hydroelectric dam on the Peace River could begin being signed a year from now - over a year before federal and provincial regulators are expected to rule on the controversial project.

U.S. manufacturer plans B.C. plant

Georgia, U.S.A-based Atlas Roofing Corp. has chosen Annacis Island in Delta for its second manufacturing plant in Canada, citing strong transportation and ports as key reasons. "Vancouver has excellent highway access to the U.S.

Condo inventory tightens in Metro

The inventory of completed and unsold condominiums in Metro Vancouver may be less than 1,500 units and one-third of these are in three projects, according to Mark Belling, president of Fifth Avenue Marketing Ltd.

Rising tide

"Industrial and retail properties have been top of mind for owner/operators and investors," said Avison Young associate Matt Thomas, but he added that a lack of new supply has frustrated potential buyers, especially for small strata units.