Artificial Intelligence
Builders Company
Developers/Wesgroup Properties
WP
Wesgroup PropertiesVancouver, Canada · founded 1960 · 1 active markets
PRIVATE

Wesgroup Properties develops homes, rental housing, commercial and industrial space, mixed-use districts, and master-planned communities across Metro Vancouver and the Lower Mainland. It combines land acquisition, development, construction, sales, leasing, and asset management for homeowners, renters, tenants, businesses, and communities.

Years in business
66
founded 1960
Employees
approximately 300 people
employees, as reported in a filing · 2024 Fiscal Year · size band 201–500
LinkedIn headcount
201-500
employees, as shown on LinkedIn
Assets under management
null 3 million SQFT
as stated on page retrieved 2026-10-12
Total projects
over 100 communities
across the company’s whole history
Units delivered
more than 10,000 homes
as the company states it
Projects last researched October 12, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Wesgroup Properties Limited Partnership1
Headquarters
595 Burrard Street1, Vancouver1, Canada
Founded
19601
Entity type
PRIVATE1
Business model
offplan for sale1, build to rent1, commercial1, mixed use1, masterplan1, contracting1
Markets
1 market listed
What they build
Residential, for sale (4 of 10) · Retail (3 of 10) · Residential, for rent (3 of 10)
Full dossier in About →

Delivery record

7 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+3.5 mo
the middle of 7 scored projects
Average delay
+3.1 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+12.0 mo
Elevate · +1.0 to +23.0
5
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
0
red rows below

Against other developers

7 date-assessed here · 49 developers, 236 date-assessed projects in Canada
Median delay
Wesgroup Properties·49 developers in Canada
+3.5 mo vs +8.3 mo
this developer 4.8 mo better
The typical project on each side.
Average delay
Wesgroup Properties·49 developers in Canada
+3.1 mo vs +12.8 mo
this developer 9.7 mo better
Both pulled by their worst few.
On time
Wesgroup Properties·49 developers in Canada
71% vs 44%
this developer 27 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Projects and timelines in Track Record →

Resident experience

4 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.8/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (2 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.0/ 10
Fabric, services, waterproofing, envelope · from 2 of 4 rated buildings
Management & living
7.7/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 50 developers, 247 rated buildings in Canada
Overall rating
Wesgroup Properties · 50 other developers in Canada
7.8 vs 7.1
this developer 0.7 better
The weighted verdict on each side. From 4 of 4 rated buildings here and 247 in the market.
Structure & systems
Wesgroup Properties · 50 other developers in Canada
— vs 5.7
Too few buildings with this score here to compare (2 of 4)
Fabric and engineering only — fixed at handover. From 2 of 4 rated buildings here and 104 in the market.
Management & living
Wesgroup Properties · 50 other developers in Canada
7.7 vs 6.6
this developer 1.1 better
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 226 in the market.
The market here is Canada: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • PROJECT CANCELLED Reported September 11, 2025 Wesgroup confirmed that it cancelled the 204-unit Ardea waterfront project in River District because higher-than-anticipated construction and delivery costs made it no longer viable; it said buyers’ deposits would be refunded in full and that it was reassessing the site for a more viable project.
  • DELIVERY DELAY Reported June 25, 2024; original and amended deadlines October 12, 2023 and April 12, 2024; proposed extension to May 31, 2026 Wesgroup’s proposed 1450 West Georgia Street tower had not reached enactment of its rezoning by-law by the original October 12, 2023 deadline or the amended April 12, 2024 deadline; the City reported that Wesgroup sought a further extension, citing strata-market conditions, escalating construction costs, stricter lending criteria and higher interest rates, with a proposed new deadline of May 31, 2026.
  • PROJECT CANCELLED Announced September 2025; reported September 11–October 3, 2025 Wesgroup Properties cancelled the Ardea waterfront condominium project in Vancouver’s River District, saying higher-than-anticipated construction and delivery costs made it no longer viable; the company said deposits would be refunded and that it was reassessing the site for a different project, so the cancellation—not the broader River District plan—is the documented current status.
  • 2 more in Risk & Sources
Record status
active
Company sources
115 source entries across 115 fields
Projects tracked
10 · 10 completed in assessment
All flags and sources →

Track Record

Delivery record

7 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+3.5 mo
the middle of 7 scored projects
Average delay
+3.1 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+12.0 mo
Elevate · +1.0 to +23.0
5
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
0
red rows below

Against other developers

7 date-assessed here · 49 developers, 236 date-assessed projects in Canada
Median delay
Wesgroup Properties·49 developers in Canada
+3.5 mo vs +8.3 mo
this developer 4.8 mo better
The typical project on each side.
Average delay
Wesgroup Properties·49 developers in Canada
+3.1 mo vs +12.8 mo
this developer 9.7 mo better
Both pulled by their worst few.
On time
Wesgroup Properties·49 developers in Canada
71% vs 44%
this developer 27 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
The market here is Canada: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

10 of 10 projects dated · 4 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Vancouver, Canada
Coquitlam, Canada
New Westminster, Canada
Township of Langley, Canada
2018201920202021202220232024202520262027todayVANCOUVER, CANADA+1.5 moestimated+6 moverified+4 moverifiedon timeverified−0.5 moverified+7 moestimatedCOQUITLAM, CANADA+12 moverifiedNEW WESTMINSTER, CANADAcompleted, no target published+3.5 moverifiedTOWNSHIP OF LANGLEY, CANADA−3.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 2 dated statements are held back: a broker listing with no date on it, or a page with no year, cannot fix a date.

Building & Livability Ratings

Resident experience

4 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.8/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (2 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.0/ 10
Fabric, services, waterproofing, envelope · from 2 of 4 rated buildings
Management & living
7.7/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 50 developers, 247 rated buildings in Canada
Overall rating
Wesgroup Properties · 50 other developers in Canada
7.8 vs 7.1
this developer 0.7 better
The weighted verdict on each side. From 4 of 4 rated buildings here and 247 in the market.
Structure & systems
Wesgroup Properties · 50 other developers in Canada
— vs 5.7
Too few buildings with this score here to compare (2 of 4)
Fabric and engineering only — fixed at handover. From 2 of 4 rated buildings here and 104 in the market.
Management & living
Wesgroup Properties · 50 other developers in Canada
7.7 vs 6.6
this developer 1.1 better
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 226 in the market.
The market here is Canada: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

4 rated · 6 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
FynnRiver District, Vancouver178 units
9.1/ 10
—/ 10
9.1/ 10

Google Reviews/Maps provides the largest and only qualifying published review aggregate found for the building: 4.6/5 from 17 resident reviews, which converts to 8.8/10 under the specified curve. The written feedback repeatedly praises management and cleanliness, supporting a modest positive commentary adjustment; isolated reports of heating, hot-water, soundproofing, elevator and fee problems were not repeated enough to qualify as recurring deductions.

+ Modern building+ Clean and well-maintained+ New construction
− Unstable hot water reported− Poor soundproofing reported− Frequent elevator breakdown reported
+ Responsive management+ Friendly staff+ Clean common environment+ Strong amenity offering+ Sense of community
− Hidden fees and parking costs− Common-room charges− Smoking odours reported

Residents described Fynn as “modern, clean, and well-maintained,” but one 3/5 review reported an “unstable hot water supply,” poor soundproofing, and an elevator that “frequently breaks down.” Another review said the heat had been off and that heating bills were above average. These are individual reports rather than a published structural rating or a recurring multi-review failure pattern.

Daily-life feedback is predominantly positive: residents said management was “professional, attentive” and that staff responded “quickly,” while other reviews praised the building as clean, safe and community-oriented. The main negative account described “a lot of hidden costs,” including common-room, guest-parking and parking charges, and said heat had been off; another reported smoking smells reaching balconies and units.

ACE on the DriveCommercial Drive, Vancouver61 units
8.0/ 10
7.0/ 10
6.6/ 10

Google Maps publishes a 5/5 building rating but no review count in the retrieved page, so the stated under-10-review rule keeps the converted anchor at 6.5 rather than treating it as a strong aggregate. The small upward adjustment reflects two repeated positive themes in the available walkthrough testimonials; the evidence remains thin and early-stage as of October 12, 2026.

+ Few walkthrough deficiencies reported+ Quality finishes+ Attention to detail+ On-time delivery+ Secure entry and underground parking described
+ Professional and friendly walkthrough team+ Modern, functional layouts+ Transit access+ Neighbourhood friendliness+ Amenity and courtyard offering
− Storage-locker availability dispute

The available physical-condition feedback is early-occupancy and walkthrough evidence rather than a technical inspection. A broker reported “very few deficiencies,” praising “quality of finishes” and “attention to detail”; ACE’s own published testimonial also characterizes the walkthrough as among the reviewer’s best, but these are promotional or industry-partner accounts rather than a broad resident sample.

Published occupancy feedback is positive about daily life: a resident said ACE feels “modern, not kitschy,” that the layouts “pay a lot of mind to the utility of space,” and that East Van’s friendliness and slower pace were a welcome change. A separate purchaser described a storage-locker dispute as involving “endless corporate speak” and said she felt “furious” and “disgusted”; this is a serious service complaint but a single report, not a recurring theme.

The NelsonBrewery District, New Westminster294 units
7.4/ 10
7.0/ 10
7.5/ 10

The 4.1/5 building aggregate based on 62 reviews sets the level; using the specified market conversion gives 7.4/10. Visible comments are strongly positive on management, amenities, cleanliness and convenience, but one serious resident report alleges flooding and window-related cold/cracking, so the structure assessment is lower and the overall commentary adjustment is held near neutral because the aggregate already incorporates the review experience.

+ Clean and well-maintained property
− Reported flooding and water intrusion− Reported cold apartments and window/wall cracks
+ Prompt email responses+ Professional and friendly building manager+ High-standard amenities+ Resident gatherings and community events+ Direct SkyTrain access and nearby services
− Reported disputed extra charges and autopay problems− Train noise and horn disturbance

Most visible resident comments describe the property as “clean, and well maintained” and call the building “100% well maintained.” One 1-star review alleged that neighbours flooded the unit, that apartments were too cold because of “bad quality windows,” and that there were “cracks between windows and the walls”; this is a single resident report rather than a corroborated pattern.

The visible reviews commonly praise management as “kind and quick to answer emails,” describe the manager as “incredibly professional, friendly, and always quick to help,” and praise resident events and amenities. The negative review alleged “worse management,” extra charges, and an autopay problem, while another resident said the train is heard “constantly,” although it became tolerable after adjustment.

One Fifty BraidSapperton, New Westminster
6.7/ 10
—/ 10
Zumper Expert Rating 10/10, no review count — too thin to score · zumper.com
7.7/ 10
Zumper Expert Rating 10/10 · no review count · zumper.com
Zumper Expert Rating publishes 10/10 with no review count. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.7.

The largest explicitly counted rating is 3.0/5 from four reviews, which would convert to 4/10, but the scoring rule requires a result within one point of 6.5 when no rating reaches ten reviews; this produces a conservative 5.8. The two written reviews were negative, while Zumper’s proprietary expert assessment was strongly positive, so the result should be treated as low-confidence and not as a settled long-term resident view.

+ amenities praised by Zumper+ location praised by Zumper+ work-from-home suitability+ pet-friendly outdoor space
− poor service reported− restrictive visitor rules reported

Zumper publishes a 9.7/10 expert overall rating and describes the property as especially strong for amenities and location, but this is an internal expert assessment rather than a resident-review aggregate. The written feedback I read was more critical: one reviewer wrote “We are here but poor service,” and another complained that residents are “treated like children instead of adults” because of visitor restrictions.

Only buildings that have reached handover are rated. 6 of 10 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Wesgroup Properties Limited Partnership
Headquarters
595 Burrard Street, Vancouver, Canada
V6C 0E4
Founded
1960
Vancouver, Canada
Entity type
PRIVATE
Revenue
USD 8.47 million
annual revenue
Business model
offplan for sale, build to rent, commercial, mixed use, masterplan, contracting

Partners

5 partners
Canada Mortgage and Housing Corporation
funder

CMHC financing supports Wesgroup purpose-built rental housing.

Government of Canada
government partner

Federal housing financing supports rental homes.

City of Vancouver
government partner

The city provided funding for one rental project and partnered on River District amenities.

Wesgroup Contracting Ltd.
contractor

It acts as Wesgroup Properties’ in-house general contractor.

Crombie REIT
joint venture

The companies are advancing four Safeway-site redevelopment projects in Metro Vancouver.

Sources: partners

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver

CMHC
Wesgroup is proud to work with the federal government and CMHC to create much-needed rental housing
value seen: Canada Mortgage and Housing Corporation
held out of the figures · the quote does not carry this value
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: name

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
Wesgroup is proud to work with the federal government and CMHC to create much-needed rental housing
value seen: Canada Mortgage and Housing Corporation
held out of the figures · the quote does not carry this value
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: partner type

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
Wesgroup is proud to work with the federal government and CMHC to create much-needed rental housing
value seen: FUNDER
value paraphrased from this source
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: summary

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
Wesgroup is proud to work with the federal government and CMHC to create much-needed rental housing
value seen: CMHC financing supports Wesgroup purpose-built rental housing.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: partners

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver

CMHC
These new homes were made possible through fully repayable low-interest loans of over $208 million through the Rental Construction Financing Initiative
value seen: Government of Canada
held out of the figures · the quote does not carry this value
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: name

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
These new homes were made possible through fully repayable low-interest loans of over $208 million through the Rental Construction Financing Initiative
value seen: Government of Canada
held out of the figures · the quote does not carry this value
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: partner type

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
These new homes were made possible through fully repayable low-interest loans of over $208 million through the Rental Construction Financing Initiative
value seen: GOVERNMENT_PARTNER
value paraphrased from this source
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: summary

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
These new homes were made possible through fully repayable low-interest loans of over $208 million through the Rental Construction Financing Initiative
value seen: Federal housing financing supports rental homes.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: partners

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver

CMHC
$3.60 million from the City of Vancouver
value seen: City of Vancouver
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: name

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
$3.60 million from the City of Vancouver
value seen: City of Vancouver
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: partner type

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
$3.60 million from the City of Vancouver
value seen: GOVERNMENT_PARTNER
value paraphrased from this source
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: summary

PRESSdate not shown in source

Canada provides purpose-built rental housing in Vancouver | CMHC

CMHC
$3.60 million from the City of Vancouver
value seen: The city provided funding for one rental project and partnered on River District amenities.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/canada-provides-purpose-built-rental-housing-vancouver

Sources: partners

PRESSdate not shown in source

Wesgroup takes over River District community centre from city

Business in Vancouver
Wesgroup has struck a deal with the City of Vancouver ... in exchange for building a community centre and other amenities
value seen: City of Vancouver
https://www.biv.com/news/real-estate/wesgroup-takes-over-river-district-community-centre-city-8268463

Sources: name

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Having Wesgroup Contracting Ltd. act as the in-house General Contractor for Wesgroup Properties’ projects
value seen: Wesgroup Contracting Ltd.
https://wesgroup.ca/about/

Sources: partner type

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Having Wesgroup Contracting Ltd. act as the in-house General Contractor for Wesgroup Properties’ projects
value seen: CONTRACTOR
value paraphrased from this source
https://wesgroup.ca/about/

Sources: summary

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Having Wesgroup Contracting Ltd. act as the in-house General Contractor for Wesgroup Properties’ projects
value seen: It acts as Wesgroup Properties’ in-house general contractor.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://wesgroup.ca/about/

Sources: partners

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Having Wesgroup Contracting Ltd. act as the in-house General Contractor for Wesgroup Properties’ projects
value seen: Wesgroup Contracting Ltd.
https://wesgroup.ca/about/

Sources: name

PRESSdate not shown in source

Crombie, Wesgroup Team Up on Four Safeway Redev Projects

Connect CRE Canada
Crombie REIT has formed a new partnership with Wesgroup Properties to advance four Canada Safeway store redevelopment projects
value seen: Crombie REIT
https://www.connectcre.ca/stories/crombie-wesgroup-team-up-on-four-safeway-redev-projects/

Sources: partner type

PRESSdate not shown in source

Crombie, Wesgroup Team Up on Four Safeway Redev Projects

Connect CRE Canada
Crombie REIT has formed a new partnership with Wesgroup Properties to advance four Canada Safeway store redevelopment projects
value seen: JV_PARTNER
value paraphrased from this source
https://www.connectcre.ca/stories/crombie-wesgroup-team-up-on-four-safeway-redev-projects/

Sources: summary

PRESSdate not shown in source

Crombie, Wesgroup Team Up on Four Safeway Redev Projects

Connect CRE Canada
Crombie REIT has formed a new partnership with Wesgroup Properties to advance four Canada Safeway store redevelopment projects
value seen: The companies are advancing four Safeway-site redevelopment projects in Metro Vancouver.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.connectcre.ca/stories/crombie-wesgroup-team-up-on-four-safeway-redev-projects/

Sources: partners

PRESSdate not shown in source

Crombie, Wesgroup Team Up on Four Safeway Redev Projects

Connect CRE Canada
Crombie REIT has formed a new partnership with Wesgroup Properties to advance four Canada Safeway store redevelopment projects
value seen: Crombie REIT
held out of the figures · the value did not fit the record it was filed under
https://www.connectcre.ca/stories/crombie-wesgroup-team-up-on-four-safeway-redev-projects/

Registrations & licences

COMPANY NUMBERLP0282640
Corporate Registry (Province of British Columbia) · Canada · ACTIVE
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Canadaactive 10 projects tracked

What they build

5 types
Residential, for sale4 of 10
Retail3 of 10
Residential, for rent3 of 10
Industrial2 of 10
Other1 of 10
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
BJ
Beau Jarvis
Jarvis is Wesgroup’s President and Chief Executive Officer and sets the company’s long-term vision and strategic and operational direction. Independent reporting describes a hands-on development background spanning feasibility, acquisition, underwriting, construction, approvals, design, customer care, sales and marketing; it also says he joined Wesgroup in 2014 after working at Onni.
Current title
President & Chief Executive Officer
since Sep 2023
Experience
20+ years real estate
Companies before
Onni
Education
not published
Other boards
Whistler Development Corporation — board of directorsResort Municipality of Whistler — housing strategy committee
Known for
President & CEOex-Onnidevelopment strategy
https://ca.linkedin.com/in/beau-jarvis-5b146912
Without a vision people have no purpose and as a leader it is a rewarding part of my work to inspire our team to be a part of something very big here. Wesgroup Properties https://wesgroup.ca/about/
On his path to the top job, Beau has been hands-on in every aspect of development: project feasibility, site acquisition, underwriting, due diligence, construction management, planning and design, entitlements and approvals, customer care, interior design, sales, and marketing. Goodman Commercial Inc. March 5th, 2026https://goodmanreport.com/market-insights/beau-jarvis-ceo-of-wesgroup-properties-a-real-estate-rockstar/

Sources: full name

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
### Beau Jarvis
value seen: Beau Jarvis
https://wesgroup.ca/about/

Sources: other boards

PRESS2025-08-04

Beau Jarvis named to BIV BC500 list for leadership in housing and community building

Pique Newsmagazine
I’m also on the board of directors for the Whistler Development Corporation and the housing strategy committee.
value seen: Whistler Development Corporation — board of directors
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.piquenewsmagazine.com/local-news/qa-beau-jarvis-on-housing-hustle-and-giving-back-to-whistler-10987652

Sources: other boards

PRESS2025-08-04

Beau Jarvis named to BIV BC500 list for leadership in housing and community building

Pique Newsmagazine
I’m also on the board of directors for the Whistler Development Corporation and the housing strategy committee.
value seen: Resort Municipality of Whistler — housing strategy committee
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.piquenewsmagazine.com/local-news/qa-beau-jarvis-on-housing-hustle-and-giving-back-to-whistler-10987652

Sources: previous companies

PRESS2026-03-05

Beau Jarvis, CEO of Wesgroup Properties: A Real Estate Rockstar

Goodman Commercial Inc.
earning a “PhD in development” at Onni during the mid-2000s boom
value seen: Onni
https://goodmanreport.com/market-insights/beau-jarvis-ceo-of-wesgroup-properties-a-real-estate-rockstar/

Sources: summary

PRESS2026-03-05

Beau Jarvis, CEO of Wesgroup Properties: A Real Estate Rockstar

Goodman Commercial Inc.
On his path to the top job, Beau has been hands-on in every aspect of development: project feasibility, site acquisition, underwriting, due diligence, construction management, planning and design, entitlements and approvals, customer care, interior design, sales, and marketing.
value seen: Jarvis is Wesgroup’s President and Chief Executive Officer and sets the company’s long-term vision and strategic and operational direction. Independent reporting describes a hands-on development background spanning feasibility, acquisition, underwriting, construction, approvals, design, customer care, sales and marketing; it also says he joined Wesgroup in 2014 after working at Onni.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://goodmanreport.com/market-insights/beau-jarvis-ceo-of-wesgroup-properties-a-real-estate-rockstar/

Sources: tags

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
President & Chief Executive Officer
value seen: President & CEO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://wesgroup.ca/about/

Sources: tags

PRESS2026-03-05

Beau Jarvis, CEO of Wesgroup Properties: A Real Estate Rockstar

Goodman Commercial Inc.
Our deep, candid chat also covers Beau’s remarkable journey: growing up in tiny 1970s Whistler ... stepping into Wesgroup in 2014 to drive change and scale operations.
value seen: 20+ yrs real estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://goodmanreport.com/market-insights/beau-jarvis-ceo-of-wesgroup-properties-a-real-estate-rockstar/

Sources: tags

PRESS2026-03-05

Beau Jarvis, CEO of Wesgroup Properties: A Real Estate Rockstar

Goodman Commercial Inc.
earning a “PhD in development” at Onni during the mid-2000s boom
value seen: ex-Onni
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://goodmanreport.com/market-insights/beau-jarvis-ceo-of-wesgroup-properties-a-real-estate-rockstar/

Sources: title

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
President & Chief Executive Officer
value seen: President & Chief Executive Officer
https://wesgroup.ca/about/
DW
David Waldref
Waldref guides strategic initiatives and leads Wesgroup’s capital-planning work. His professional profile identifies him as an EVP and Chief Strategy Officer and records a BBA in Finance & Economics from Simon Fraser University; Wesgroup says his remit is tied to the company’s long-term goals.
Current title
Executive Vice President & Chief Strategy Officer
since Jan 2025
Experience
no career length stated
Companies before
RBC
Education
Simon Fraser UniversityBBA, Finance & Economics
Other boards
none sourced
Known for
EVPChief Strategy OfficerCapital planningBBA Finance & Economics
https://linkedin.com/in/david-waldref-4b045028
What drives me? Seeing the places we have built come to life, all while knowing we did it in a socially responsible way. Wesgroup Properties https://wesgroup.ca/about/

Sources: full name

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
### David Waldref
value seen: David Waldref
https://wesgroup.ca/about/

Sources: summary

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
David’s role is to guide strategic initiatives at Wesgroup. He leads the team in all capital planning aspects of the business as they relate to achieving the long-term goals of the company.
value seen: Waldref guides strategic initiatives and leads Wesgroup’s capital-planning work.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://wesgroup.ca/about/

Sources: tags

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Executive Vice President & Chief Strategy Officer
value seen: EVP
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://wesgroup.ca/about/

Sources: tags

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Executive Vice President & Chief Strategy Officer
value seen: Chief Strategy Officer
value paraphrased from this source
https://wesgroup.ca/about/

Sources: tags

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
He leads the team in all capital planning aspects of the business
value seen: Capital planning
value paraphrased from this source
https://wesgroup.ca/about/

Sources: title

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Executive Vice President & Chief Strategy Officer
value seen: Executive Vice President & Chief Strategy Officer
https://wesgroup.ca/about/
GT
Gary Thompson
Thompson is documented as Wesgroup’s CFO and COO, responsible for strategic policy, alignment, company standards, and the Accounting and Tax teams. A May 2026 leadership update says he was planned to transition to CFO of Wesgroup Contracting after a new Wesgroup Properties CFO was appointed and onboarded; the retrieved evidence does not establish that the handover had completed by October 12, 2026.
Current title
Chief Financial Officer & Chief Operating Officer
since Jun 2022
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
CFOCOOAccounting and Taxplanned transition
https://linkedin.com/in/gary-thompson-70787083
I take great satisfaction in helping people grow professionally and personally, while challenging them to grow the organization in a responsible manner. Wesgroup Properties https://wesgroup.ca/about/

Sources: full name

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
### Gary Thompson
value seen: Gary Thompson
https://wesgroup.ca/about/

Sources: summary

COMPANY2026-05-25

An important leadership update from Wesgroup.

Wesgroup Properties · carried by linkedin.com
Gary will remain in his current role during the search and onboarding process to ensure continuity, thoughtful knowledge transfer, and a seamless leadership handover.
value seen: Thompson is documented as Wesgroup’s CFO and COO, responsible for strategic policy, alignment, company standards, and the Accounting and Tax teams. A May 2026 leadership update says he was planned to transition to CFO of Wesgroup Contracting after a new Wesgroup Properties CFO was appointed and onboarded; the retrieved evidence does not establish that the handover had completed by October 12, 2026.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/feed/update/urn:li:activity:7464769273517903872

Sources: title

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Chief Financial Officer & Chief Operating Officer
value seen: Chief Financial Officer & Chief Operating Officer
https://wesgroup.ca/about/
DF
Derick Fluker
Fluker oversees Wesgroup’s Income Producing Property division and is responsible for investment and income-property activity. His background includes commercial brokerage and the co-founding of Form Real Estate; his documented track record includes mixed-use, ground-up development and asset repositioning, with notable projects including River District and Brewery District.
Current title
Chief Investment Officer & Managing Director, Income Properties
since Jan 2025
Experience
no career length stated
Companies before
Form Real EstateColliers International
Education
University of ManitobaB.Comm (Honours), double major in Entrepreneurship and Accounting
Other boards
NAIOP Vancouver — boardNAIOP national advocacy groupCanadian Chamber of Commerce — Housing and Development Strategy Council
Known for
Chief Investment OfficerManaging Directorex-Form Real Estateex-ColliersB.Comm (Honours)
https://linkedin.com/in/derickfluker
Wesgroup’s long-standing strategic objective is to expand our Income Producing Property (IPP) portfolio. Wesgroup Properties https://wesgroup.ca/about/
Derick was named Associate Vice President at Colliers International at the age of 28, and went on to co-found Form in 2010, at 29. LinkedIn https://linkedin.com/in/derickfluker

Sources: institution

SOCIALdate not shown in source

Derick Fluker

LinkedIn
He earned his B.Comm (Honours), with a double major in Entrepreneurship and Accounting from the University of Manitoba.
value seen: University of Manitoba
https://linkedin.com/in/derickfluker

Sources: full name

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
### Derick Fluker
value seen: Derick Fluker
https://wesgroup.ca/about/

Sources: previous companies

PRESSdate not shown in source

Derick Fluker, Director at Large - NAIOP Vancouver

NAIOP Vancouver · carried by credavcr.com
Prior to joining Wesgroup, Derick co-founded Form Real Estate.
value seen: Form Real Estate
https://credavcr.com/page/fluker_bio

Sources: previous companies

PRESSdate not shown in source

Derick Fluker, Director at Large - NAIOP Vancouver

NAIOP Vancouver · carried by credavcr.com
Derick brought over 16 years of experience in commercial real estate brokerage and entrepreneurial leadership.
value seen: Colliers International
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://credavcr.com/page/fluker_bio

Sources: summary

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Derick oversees the Income Producing Property (IPP) division. His entrepreneurial mindset, creative problem-solving, and strong emphasis on relationships have been instrumental in his success.
value seen: Fluker oversees Wesgroup’s Income Producing Property division and is responsible for investment and income-property activity. His background includes commercial brokerage and the co-founding of Form Real Estate; his documented track record includes mixed-use, ground-up development and asset repositioning, with notable projects including River District and Brewery District.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://wesgroup.ca/about/

Sources: tags

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Chief Investment Officer & Managing Director, Income Properties
value seen: Chief Investment Officer
value paraphrased from this source
https://wesgroup.ca/about/

Sources: title

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Chief Investment Officer & Managing Director, Income Properties
value seen: Chief Investment Officer & Managing Director, Income Properties
https://wesgroup.ca/about/
RZ
Rabih Zahnan
Zahnan runs Wesgroup Contracting, the group’s in-house construction platform, with responsibility spanning construction, preconstruction, customer care, interior design and construction-technology innovation. His profile says he has 25+ years’ U.S. and Canadian experience and was previously Senior Vice President and Managing Director, Construction at Wesgroup; ENR also identifies him as President of Wesgroup Contracting and Vice Chairman of the YPO Construction Industry Network.
Current title
President, Wesgroup Contracting
since Jan 2025
Experience
25+ years experience
Companies before
Rize InvestmentsSorensen Gross
Education
George Mason UniversityMaster of Science, Conflict Analysis and Resolution
Other boards
Torcon — board memberYPO Construction Industry Network — Vice Chairman
Known for
PresidentWesgroup ContractingConstruction technologyYPO Vice Chairman
https://linkedin.com/in/rabihzahnan
Each project is an opportunity to create something exceptional, pushing the boundaries of what’s possible in construction and design. Wesgroup Properties https://wesgroup.ca/about/

Sources: full name

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
### Rabih Zahnan
value seen: Rabih Zahnan
https://wesgroup.ca/about/

Sources: summary

PRESSdate not shown in source

ENR FutureTech/Rabih Zahnan

Engineering News-Record
Rabih Zahnan is President of Wesgroup Contracting, Vancouver, B.C., Canada. Zahnan has more than 20 years experience in commercial real estate development, construction, and operations throughout North America and overseas.
value seen: Zahnan runs Wesgroup Contracting, the group’s in-house construction platform, with responsibility spanning construction, preconstruction, customer care, interior design and construction-technology innovation. His profile says he has 25+ years’ U.S. and Canadian experience and was previously Senior Vice President and Managing Director, Construction at Wesgroup; ENR also identifies him as President of Wesgroup Contracting and Vice Chairman of the YPO Construction Industry Network.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.enr.com/future-tech/speakers/rabih-zahnan

Sources: title

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
President, Wesgroup Contracting
value seen: President, Wesgroup Contracting
https://wesgroup.ca/about/
BJ
Brad Jones
Jones leads Wesgroup’s Development, Sales and Marketing groups and also oversees project design, community consultation and government relations. His profile records the Chief Development Officer appointment from January 2025, prior development leadership at Adera, and delivery involvement exceeding 4,000 homes and 5 million square feet of built space.
Current title
Chief Development Officer
since Jan 2025
Experience
no career length stated
Companies before
Adera Development Corporation
Education
Ryerson UniversityBURPl, Urban and Regional Planning
Other boards
none sourced
Known for
Chief Development OfficerDevelopmentSales & Marketingex-AderaUrban & Regional Planning
https://linkedin.com/in/bradleyjones0
My passion is creating great spaces to live and work while having a positive impact in the communities we work in. Wesgroup Properties https://wesgroup.ca/about/
Brad Jones, senior vice-president of development at Wesgroup Properties, and 39 other exceptional business leaders Business in Vancouver December 1, 2023https://www.biv.com/news/biv-magazine/forty-under-40-award-winner-qa-brad-jones-8294422

Sources: institution

SOCIALdate not shown in source

Brad Jones

LinkedIn
### BURPl Urban and Regional Planning at [Ryerson University]
value seen: Ryerson University
https://linkedin.com/in/bradleyjones0

Sources: full name

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
### Brad Jones
value seen: Brad Jones
https://wesgroup.ca/about/

Sources: previous companies

SOCIALdate not shown in source

Brad Jones

LinkedIn
### [Adera Development Corporation]
value seen: Adera Development Corporation
https://linkedin.com/in/bradleyjones0

Sources: summary

SOCIALdate not shown in source

Brad Jones

LinkedIn
As the leader of Wesgroup’s Development, Sales, and Marketing teams, I oversee and work closely with our multidisciplinary internal teams, navigating project design, community relations, government approvals, sales, marketing, interior design, and more.
value seen: Jones leads Wesgroup’s Development, Sales and Marketing groups and also oversees project design, community consultation and government relations. His profile records the Chief Development Officer appointment from January 2025, prior development leadership at Adera, and delivery involvement exceeding 4,000 homes and 5 million square feet of built space.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/bradleyjones0

Sources: title

COMPANYdate not shown in source

Get to Know Us - Wesgroup Properties

Wesgroup Properties
Chief Development Officer
value seen: Chief Development Officer
https://wesgroup.ca/about/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

10 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
ACE on the DriveVancouver, Canada
Commercial Drive
residential for sale, retail6116——10% (10 days), 5% 10 days after PB), 5% (180 days after 2nd deposit)120232023Jan 2026 – Apr 2026Apr 2026+1.5 mo
(0.0 to +3.0)
estimatedcompleted
River District Energy Community Energy CentreVancouver, Canada
River District
other—217,846 sq ft————Jan 2025 – Mar 2025Aug 2025+6.0 mo
(+5.0 to +7.0)
sourcedcompleted
ElevateCoquitlam, Canada
industrial—2196,993 sq ft————Jan 2024 – Dec 2024Jan 2025 – Dec 2025+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
FynnVancouver, Canada
River District
residential for rent1781——CAD 79.3m
construction loan
—20222022Sep 2024 – Dec 2024Jan 2025 – Apr 2025+4.0 mo
(+1.0 to +7.0)
sourcedcompleted
One Fifty BraidNew Westminster, Canada
Sapperton
residential for rent, retail—34——————Jan 2025 – Dec 2025—not scorablecompleted
Gateway 200Township of Langley, Canada
North Langley
industrial131——————Sep 2024 – Nov 2024Jan 2024 – Dec 2024−3.5 mo
(−10.0 to +3.0)
sourcedcompleted
The NelsonNew Westminster, Canada
Brewery District
residential for rent294131—CAD 135m
construction loan
—2018Oct 2 2018Mar 2024Jan 2024 – Dec 2024+3.5 mo
(−2.0 to +9.0)
sourcedcompleted
Dunbar at 39thVancouver, Canada
Dunbar
residential for sale, retail2914—————Jan 2023 – Dec 2023Jan 2023 – Dec 20230.0 mo
(−11.0 to +11.0)
sourcedcompleted
ParadigmVancouver, Canada
River District
residential for sale268122—————Jun 2023 – Aug 2023Jan 2023 – Dec 2023−0.5 mo
(−7.0 to +6.0)
sourcedcompleted
MODEVancouver, Canada
River District
residential for sale257125———2020May 2020May 2022Dec 2022+7.0 mo
(+7.0 to +7.0)
estimatedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
PROJECT AWARD Winner April 18, 2026 (reported April 27, 2026)
Best Environmental Initiative — 2026 HAVAN Awards for Housing Excellence · shíshálh Nation 10 Home Rescue Project
Renewal Development with Wesgroup Properties won Best Environmental Initiative for the project that rescued homes from demolition and repurposed them for housing on the Sunshine Coast.
PROJECT AWARD Winner October 9, 2021 (reported October 10, 2021)
The Outstanding Building of the Year (TOBY) Award — Medical Office Building · 1128 Hornby
1128 Hornby won the 2021 international TOBY award in the Medical Office Building category; the building was owned and managed by Wesgroup Properties.
RANKING Ranked 2025
Best Workplaces in Canada 2025
Wesgroup Properties LP was listed at rank 98 in the 2025 Best Workplaces in Canada ranking.
RANKING Ranked 2024
Best Workplaces in Canada 2024
Wesgroup Properties LP was listed at rank 69 in the 2024 Best Workplaces in Canada ranking.
SUSTAINABILITY Certified November 2, 2022
BOMA BEST recertification — Gold and Silver levels · 590 W 8th Avenue; 1669 East Broadway; 1228 Hornby; 132 West Esplanade
Wesgroup reported that three buildings were recertified at BOMA BEST Gold and one at the Silver level: 590 W 8th Avenue, 1669 East Broadway, 1228 Hornby, and 132 West Esplanade, respectively.
RECOGNITION April 22, 2025 (reported April 7, 2025)
Selection for the 2025 Venice Biennale French Pavilion · shíshálh Nation 10 Home Rescue Project
The project developed with the shíshálh Nation and Wesgroup was selected for presentation in the French Pavilion at the 2025 Venice Biennale; the source describes this as international recognition, not a competition win.
Pavilion of France, 19th International Architecture Exhibition — La Biennale di Venezia · https://www.renewaldevelopment.ca/media
PROJECT AWARD May 22, 2026 (developer report)
Best Industrial Development — 2026 Commercial Real Estate Awards · Elevate
The developer reports that Elevate was recognized as Best Industrial Development at the 2026 Commercial Real Estate Awards; the awarding-body page retrieved for the event lists Wesgroup Properties (Elevate) among the category finalists, so the outcome is reported conservatively here.

Risks

Auditor & credit ratings

audited accounts
AuditorJohnsen Archer LLP, CPA’s

Risk flags

5 found
PROJECT CANCELLED Reported September 11, 2025
Wesgroup confirmed that it cancelled the 204-unit Ardea waterfront project in River District because higher-than-anticipated construction and delivery costs made it no longer viable; it said buyers’ deposits would be refunded in full and that it was reassessing the site for a more viable project.
DELIVERY DELAY Reported June 25, 2024; original and amended deadlines October 12, 2023 and April 12, 2024; proposed extension to May 31, 2026
Wesgroup’s proposed 1450 West Georgia Street tower had not reached enactment of its rezoning by-law by the original October 12, 2023 deadline or the amended April 12, 2024 deadline; the City reported that Wesgroup sought a further extension, citing strata-market conditions, escalating construction costs, stricter lending criteria and higher interest rates, with a proposed new deadline of May 31, 2026.
PROJECT CANCELLED Announced September 2025; reported September 11–October 3, 2025
Wesgroup Properties cancelled the Ardea waterfront condominium project in Vancouver’s River District, saying higher-than-anticipated construction and delivery costs made it no longer viable; the company said deposits would be refunded and that it was reassessing the site for a different project, so the cancellation—not the broader River District plan—is the documented current status.
PROJECT CANCELLED January 29, 2026
The City of Vancouver records Wesgroup Properties’ 8689 River District Crossing development application (DP-2023-00810) as cancelled on January 29, 2026; the record documents cancellation of the application, but does not establish that the underlying site will never be redeveloped.
PROJECT CANCELLED August 21, 2024
Wesgroup Properties decided to move on from its planned Ridgewood Drive housing project in North Vancouver after the rezoned property was listed for sale; Wesgroup did not explain the decision, and the evidence supports a withdrawn or abandoned plan rather than a broader corporate failure.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 12, 2026 this month
Profile last researchedOctober 12, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.