Over the past 50-plus years, Grosvenor has established deep real estate roots in the Greater Vancouver area through the development and acquisition of high-quality properties and buildings throughout the region.  Vancouver is now beginning to feel the impact of the global slowdown. Employment growth has slowed and a weaker currency drives up import prices.  Housing activity has peaked as expected and a correction is underway.

Vancouver continues to profit from the preparations for the upcoming 2010 Winter Olympics. The benefits of infrastructure spending will last well beyond the games resulting in a net gain for the regional economy.

The RISE, a 28,100 sq m mixed-use retail and residential development in Vancouver's uptown business district, won ULI's Award for Excellence. The sustainable building case study is available to read from the Environment section.

Totaling more that 2 million people in 21 municipalities, Vancouver is the third largest metropolitan area in Canada and it is rated one of the most livable areas in the world.