VCREP #184 | From Spec Builds to Strategy: How Vancouver Developers Are Adapting

Construction activity across Metro Vancouver is changing, with developers adjusting how projects are planned, financed, and delivered.This week, Cory Wright sits down with Ben Temple, Business Development Manager, and Darren Sauer, Director of Development at Wales McLelland, a construction firm with roots dating back to 1971. They discuss the shift toward owner-user projects over speculative development, as well as emerging demand in sectors like self-storage and data centres.The conversation closes with their outlook for the rest of 2026, including early signs of improving leasing activity and cautious optimism in the industrial development market.