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City Club on the Park, Burnaby – 1998

Developer/Owner City Club Development Ltd.

 

Type

A 160-unit mixed use strata development on Kingsway, near Middlegate Mall, this project combined wood-frame residential townhouses built over street-front strata-titled commercial bays, with a 140 unit high-rise condominium tower, in a PPP that provided cross-subsidization to the capital costs of 10 non-market accessible units for wheel-chair bound independent adults.

 

Value

$29,000,000

 

Role Pat Frewer joined City Club on contract, when construction of this project was about 50% completed.  He led the organization of the Sales Team and the project’s lenders, through a difficult process of staged occupancy and possession, under the duress of cost overruns and builders’ liens.  Eighty-eight pre-completion sales were successfully closed and the condominium strata corporation was commissioned as an independent governing body, before a receivership order placed the project in the lenders’ control and terminated City Club’s involvement. 
 

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