Vancouver’s Molson brewery site bought by Concord Pacific

April 12, 2016 5:37 pm

the vancouver sun

The mystery is solved: Developer Concord Pacific has reportedly bought the Molson brewery property at the south end of the Burrard Bridge and plans to turn the site into a mixed-use residential neighbourhood.

According to an article in The Globe and Mail Tuesday, the purchase price was $185 million and the deal closed on March 31.

Last November, Postmedia News reported Molson Coors had found a buyer for the site had been sold, but the company would not name the new owner or the price paid for the property.

A statement released by the company says Molson will lease back the brewery until it builds a new facility.

Vancouver’s Molson brewery site bought by Concord Pacific

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