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Save On Meats Building Sells

The Save On Meats building may see a change under new ownership.

On February 28, 2013 Anthem Properties Group Ltd. finalized the acquisition of the historic Save On Meats building in downtown Vancouver. The building, at 43 West Hastings Street, was first erected in 1891 and has been the home of restaurateur/entrepreneur Mark Brand’s revamped Save On Meats deli and diner since 2011.

Save On Meats may be seeing a change in the coming months

While Brand’s business will continue to run out of the Hastings Street-building, his venture will be consolidated onto the ground floor, as Anthem has plans to transform the 2nd, 3rd and 4th floors into loft office space. Along with the development of office space, Anthem’s ambitious project includes a renovation of the building all under a tight time constraint—the development company hopes to have the lofts ready for occupation as early as August 2013.

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orty-three West Hastings Street is just one of several properties acquired by Anthem Properties in recent years and “Anthem is very pleased about this recent acquisition, adding another building to its downtown eastside portfolio which includes recent purchases: 190 Alexander Street and 425 Carrall Street (the former BC Electric Building),” says Alexa Baughen, Anthem’s Vice President of Investments and Communications, in a press release.

Read more http://www.bcbusiness.ca/real-estate/save-on-meats-building-sells?utm_source=MagMail&utm_medium=BCBusiness+Newsletter&utm_campaign=BCBusiness+eNewsletter+18March2013