Don’t ask me how I know but I do. THe deal is still on to redevelop the Little Mountain social housing site near Queen Elizabeth Park. Housing Minister Rich Coleman, BC Housing staff and others had a meeting Friday with the new CEO of Holborn, Joo Kim Tiah, and Tiah confirmed he’s not leaving.
Holborn put down something in the neighbourhood of $20-30 million for the property when it won the bid to redevelop last year. There were questions about whether Holborn wanted to go forward, given a certain lack of activity over the past few months and then the news last week that Holborn’s Ritz-Carlton project on Georgia would not go ahead.