Bisnow has learned of another deal involving the century-old heritage buildings in Vancouver's ever-evolving Gastown District. (Is nobody scared of ghosts anymore?)
The building in question is 328 and 332 Water St, which Salient Group bought for $8.5M. The building is 21k SF. All this Gastown news is spearheaded by the redevelopment in 2009 of the Woodward’s building. Heritage is colliding with modern in a series of projects there. Construction on Century Group’s Ormidale Block, located at 151 West Hastings, is one of the other newer projects, set for completion spring 2015.
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