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Client Work

Jim Pattison Group purchases share of business park

Fasken
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Client

Confidential Client

In March of 2000, the Jim Pattison Group completed the acquisition of property to form a future Auto Mall for its automotive division on what is currently the largest undeveloped piece of bare land on Burrard Inlet. Jim Pattison Auto Mall Properties Ltd. acquired rights to purchase a 25 acre portion of what will be called the "Harbourside Business Park" from Concert Real Estate Corporation (Concert) for the development of a 13 lot Auto Mall. The North Shore Auto Mall will involve not only Jim Pattison dealerships, but other independent dealerships that acquired lots in the Auto Mall on closing. The completion comes after nearly 3 years of negotiation with Concert, the City of North Vancouver and interested dealers. The challenges raised by the development resulted in novel solutions to significant environmental problems and a comprehensive set of encumbrances both in favour of the City of North Vancouver and the auto dealers involved. Steven Lukas of the Vancouver office of Fasken Martineau has marshalled the project for the Jim Pattison Group from the outset and was assisted by Paul Wilson and Allison MacInnis.

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