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VANCOUVER, BC – August 15, 2025 – OpenForm Properties (“OpenForm”) is pleased to announce the acquisition of 1485 Davie Street, located on the northeast corner of Davie and Nicola in the heart of Vancouver’s West End.

Within walking distance to both Sunset Beach and English Bay, the 25,941-square-foot site occupies a prime location with excellent access to nearby amenities, including numerous parks, shops, cafés, and restaurants. The property offers exceptional convenience for residents, including frequent bus service along Davie Street, connections to major transit hubs on West Georgia and Burrard streets, and close proximity to the downtown core.

Currently improved with a three-storey, 51-unit rental apartment building constructed in 1946—less than half of which are currently occupied—the site presents a significant redevelopment opportunity. It is situated in the Lower Davie District of the West End Community Plan, which supports high-rise residential development and encourages a vibrant mix of residential and commercial uses.

“This is an A-quality property in one of Vancouver’s most vibrant and well-connected neighbourhoods,” said Jason Turcotte, President of OpenForm Properties. “Through an innovative deal structure, we have secured a unique opportunity to deliver a purpose-built rental project that will provide long-term housing benefits to the community. We look forward to working closely with the City to create a project that reflects our commitment to delivering livable, high-quality homes.”

The acquisition forms part of OpenForm’s broader growth strategy, which includes residential and commercial developments at Renfrew in East Vancouver, 288 West 8^th Ave in Vancouver, Kingsway in Burnaby, and E15 Just off Main –its award-winning townhome project in Mount Pleasant.

About OpenForm

As an entrepreneurial developer and sister company of OpenRoad Auto Group, OpenForm Properties is committed to delivering exceptionally designed, high-quality developments that respond to the needs of a never-changing world. With a diverse pipeline of residential strata, purpose-built rental, commercial, and industrial projects, OpenForm continues to lead in community-building and innovative development.

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