Plaza of Nations Sale

This is a Vancouver news story, published by vancouversun, that relates primarily to Oei Hong Leong news.

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last undeveloped waterfront piece

vancouversun

•

Business

Business & Economics

Vancouver's Plaza of Nations has been quietly sold. Its new owner has big plans

Summary

Nutrition label

76% Informative

Vancouver ’s Plaza of Nations has been sold for an undisclosed sum.

The property at 750 Pacific Blvd . had been owned by Oei Hong Leong , a Singaporean billionaire, for more than 30 years .

Northchild Group plans to propose a new vision with condominiums, rental homes, commercial and retail space, a boutique hotel, public amenities.

Coun . Lenny Zhou met with Northchild in March 2024 .

Zhou said he met with Michael Zhu from the company, who said the landowner was “open-minded” about the property’s future.

Former Vancouver Coun . Geoff Meggs , who worked on Northeast False Creek plan from 2008 to 2017 , said new owners might explore new designs instead of proceeding with rezoning approved in 2018 .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful