On March 6, 2012, West Vancouver Council voted unanimously to “sell the District-owned lands on the 1300 Block (south side) of Marine Drive to Grosvenor Capital Corporation. Council received over 200 public submissions on the proposed agreements and recognizes that this is an important piece of land for the entire community. This approval in no way confirms what might be built on the site, including the height, density, form or design, but does provide for Grosvenor to come forward with a development application within six to nine months.”
The Ambleside lands had a purchase price of approximately $37 million dollars.
What follows is the raw video footage taken on February 21, 2012 at a private West Vancouver Chamber of Commerce evening where Grosvenor presented their proposed plans for the redevelopment of the 1300 Ambleside block. Senior Vice President James Patillo, Senior Development Manager Michael Mortensen and architect James Cheng all speak on the issue.
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