Bernhard block sold
Photo: Wayne Moore
A dilapidated section of Bernard Avenue, once the site of a planned 24-story tower downtown, has been sold.
According to Western Investor, the property between 426 and 454 Bernard Avenue was recently sold for $ 5.15 million.
The William Wright Commercial listed property was purchased by an undisclosed company on May 26th.
This is the same property that was once developed by the Aquilini Investment Group, owners of the Vancouver Canucks.
The vision was once a 24-story high-rise with more than 200 residential units.
The development between Lululemon and Scotiabank never got off the ground.
The realtors are promoting the property as the highly anticipated “Bernard Place,” which will house more than 19,000 square feet of commercial space.
“The building is intended to attract a large number of tenants through extensive renovations that complement the lively and modern exterior,” says the property overview.
The storefronts along much of the north side of Bernard’s 400 block are empty.
