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Port Moody’s massive Portwood development enters bankruptcy protection

Summary by Tri-Cities Dispatch
Architectural renderings of Phase 1 and Phase 2 buildings. photo supplied Edgar Development’s massive Portwood project in Port Moody has entered formal bankruptcy protection, with the unfinished portions of the 23-acre project now headed for a court-supervised sale as its developers grapple with more than $100 million in debt. On Aug. 14, BC Supreme Court granted creditor protection to four companies associated with phases 3, 4 and 5 of the Port…

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The Hamilton SpectatorThe Hamilton Spectator
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Tri-Cities DispatchTri-Cities Dispatch
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Port Moody’s massive Portwood development enters bankruptcy protection

Edgar Development’s massive Portwood project in Port Moody has entered formal bankruptcy protection, with the unfinished portions of the 23-acre project now headed for a court-supervised sale as its developers grapple with more than $100 million in debt.

·Hamilton, Canada
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The Hamilton Spectator broke the news in Hamilton, Canada on Friday, August 28, 2026.
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