William Wright Commercial is pleased to announce the sale of 414 W Pender Street, a 6,240 SQFT mixed-use development site in the heart of downtown Vancouver and just a five minute walk to the Skytrain Station. The property allows for development of up to 75 feet height and 5.00 FSR for market residential or commercial uses; and up to 105 feet height and 6.00 FSR feet for 100% secured market rental residential or buildings in which social housing comprises 2/3 of the density.

In this off market transaction, we worked with an alternative deal structure to make the opportunity attractive to the development community, while still hitting the sales metric our clients required. We would like to congratulate Fastmark Development on their latest acquisition and all parties involved for their hard work.