BCBusiness

November/December 2024 – Entrepreneur of the Year

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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I got a call from the president of Expo 86, who told me to get down to Vancouver right away. So I went down, we talked for a couple of hours and he said he wanted me to buy a house in Vancouver and be here in two weeks to take a job as the vice-pres- ident of planning, design and engineering for Expo 86. I talked to my wife, she agreed and we did it. What was it like being on the ground floor of Expo? It was really exciting. I started my career in engineering then went into planning and then business school. So it was an opportu- nity to learn more about how you do a proj- ect at that scale. The story was that they had the land for Expo 86, but they didn't. It was 225 acres, 150 or so titles. We had to negotiate each one of those. There was an active railyard, we had to take it out and find a place in South Vancouver for the rail. I was responsible for everything perma- nent. Expo 86 was one of the few world's fairs and most of them did it with tempo- rary roads, sewers, water and all that stuff. We said, Look, we've got 225 acres in False Creek, so we did all permanent utilities, roadways, built [BC Place], built the Cam- bie Street Bridge. The intent was that at the end of the world's fair all the tempo- rary stuff would be removed, and all of the permanent stuff would be services for the future development. After Expo, you co-founded Concert Properties. How did that come about? We partnered with the telecommunications workers' pension plan and created a public company with private owners with myself, David Podmore has more than a few stories. The co-founder and long-time CEO of real estate developer Concert Properties officially retired at the end of September (though he still holds the chair emeritus title). We met at Concert's Downtown Vancouver office to talk Expo 86, the Olympics and other tales from over three decades in the real estate industry in Vancouver. by Nathan Caddell You're from Vancouver but were living in Edmonton before you came back to work on Expo 86. What's the story behind that?

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