The developer went into receivership November 2007, the construction is continuing under a receiver. For further information please contact; Derek Lai, CMA, Bowra Group - Receiver for H & H 1930 - 1095 West Pender St. Vancouver, BC V6E 2M6 (604) 608-6243 (604) 689-8584 [email protected] Residence size: 1bedroom, from 557 sq.ft.; 2 bedrooms, from 910 sq.ft.; townhouses, from 1,180 sq.ft. Architect: IBI/HB Interior Design: BYU Interiors Tentative occupancy: Fall, 2008 [email protected] Website:

On November 28, 2007, pursuant to a Court Order of the B.C. Supreme Court, The Bowra Group Inc was appointed Receiver-Manager of the assets, undertakings and properties of Chandler Homer Street Ventures Ltd (the "Company").

The Company was developing a 192 unit condominium tower, referred to as the H&H project, located at the corner of Homer Street & Helmcken Street in the Yaletown area of Downtown Vancouver. The project was approximately 7 months from completion as at the date of Receivership.

The Receiver-Manager is borrowing the necessary funds to complete the project.

Presale Contract Purchasers - H&H Project

At this time, all presale contracts are being reviewed by the Receiver-Manager to determine if they were sold at fair market value ("FMV") at the date of the contract. Any contracts that were sold significantly below FMV at the date the contract was entered into could potentially be cancelled by the Receiver-Manager, subject to court approval. We believe the majority of the contracts were sold at fair market value and will be honoured by the Receiver-Manager.

The Receiver-Manager will mail out a copy of the disclosure statement during the first week of March to presale contract purchasers. If you received a copy of the disclosure statement, it is assumed that your contract was sold at FMV and will be honoured by the Receiver-Manager. As part of the disclosure statement package, there is a form that the Receiver-Manager requires you to fill in sign and acknowledge receipt of the disclosure statement and either fax or mail to the Receiver Manager.

Units for Sale - H&H Project

Agents for the Receiver are RE/MAX Crest Realty North Vancouver 604-988-8000. Care of Marjan Mazaheri 604-617-7870 (Cell) and Coral Ashe 604-889-3920 (Cell).

1. December 14, 2007 Report to Court (197 KB)
2. January 25, 2008 Report to Court (695 KB)
3. Court Appointment (2,653 KB)
4. Disclosure Statement (4,214 KB)
5. Letter to Presale Contract Purchasers (47 KB)

Project location: 1100-block Homer, Vancouver
Presentation centre: 1066 Richards
Hours: Noon - 6 p.m., Satuday - Thursday
Telephone: 604-692-0021
Project size: 192 apartments and townhouses,
                   16-storey high-rise, eight-storey low-rise

Residence size:
1bedroom, from 557 sq.ft.;
2 bedrooms, from 910 sq.ft.;
townhouses, from 1,180 sq.ft.

Development Permit Application

Development Permit Board