The Supreme Court of Canada has refused to hear an appeal from property developer Concord Pacific Acquisitions, ending a long-running legal dispute over the billion-dollar development of one of Vancouver’s last parcels of waterfront land.
The feud began in 2015 when Concord argued Singapore-based billionaire Oei Hong Leong and his company, Canadian Metropolitan Properties, backed out of a deal to jointly develop the former Expo ’86 Plaza of Nations site.
Oei and Concord boss Terry Hui had signed an initial agreement to turn the roughly five hectare parcel on the northeast shore of Vancouver’s False Creek into a mixed-use community, complete with 30 storey skyscrapers, an ice rink, community centre and arts venue….