RICHMOND AND GREATER VANCOUVER REAL ESTATE NEWS

Pre-sale contracts cancelled at stalled Atmosphere development in Richmond city centre

Pre-sale contracts cancelled at stalled Atmosphere development in Richmond city centre

Michael Cowling
Published on: 31/10/2025

300 pre-sale contracts have been cancelled for Richmond's stalled Atmosphere project after the court-appointed supervisor, with full authority over the developer Alderbridge Way GP, took control. Get the latest on the controversial project, including the recent B.C. Court of Appeal ruling that found financier Romspen was in breach of contract for halting funding in 2020. Learn how this decision impacts the developer, the site, and the hundreds of pre-sale buyers awaiting deposit returns.

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