Article content

Two business tycoons waged a little-known and vicious battle in and out of B.C. court over six empty Yaletown lots, assessed at a pittance because for three decades they have been designated for affordable housing.

The high-stakes feud quietly escalated in B.C. courtrooms over several years, pulling in heirs, related companies and executives from the two sides. It dragged some reputations through the mud and, at times, left Vancouver city officials hanging in the middle.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Bitter lawsuit between wealthy developers reveals delays, downsizing of Yaletown affordable housing plan was inevitable Back to video

For 30 years, the lots on the north shore of False Creek have lain dormant. But last month, the city announced a deal with Concord Pacific to build 650 affordable units on three of the properties while allowing the developer to build market housing on the other three. The city will not say how much money it will receive in the deal or why it will not proceed with the original vision — promised in 1988 when Concord bought the Expo 86 grounds — to create a mixed-income community with low-rent homes on all six lots.