A B.C. subcontractor has filed a lawsuit against an insolvent real estate project by Thind Properties Ltd., saying it is owed nearly $500,000 for work.
The lawsuit relates to the local developer’s distressed Highline project in Burnaby’s Metrotown area, which is already the subject of other litigation, including a receivership proceeding initiated by a lender.
Glastech Glazing Contractors Ltd. is seeking $482,857.85 from D-Thind Development-Sussex Ltd. and 6511 Sussex Heights Development Ltd., according to a notice of civil claim dated Dec. 4, 2024.
The lawsuit claims Glastech entered into an agreement with general contractor D-Thind on or about Feb. 18, 2021 to complete the exterior curtain wall, interior glazing and canopy works at a price of $1,152,735, plus taxes.
Glastech said it completed the work and invoiced D-Thind. It said it was paid $669,877.15, with $482,857.85 still outstanding.
“In breach of its subcontract with Glastech, D-Thind has refused or neglected to make payment of the balance of the subcontract price, despite demand,” read the claim, which has not been proven in court.
Located at 6511 Sussex Ave. in Burnaby, Highline is already the subject of a receivership proceeding initiated by lender KingSett Mortgage Corp.
KingSett has initiated legal proceedings for three Thind Properties projects to be placed into receivership: District Northwest, Highline and Minoru Square.
District Northwest was placed into receivership in a Nov. 8 order by the B.C. Supreme Court.
Thind has yet to respond to KingSett’s separate petition, made on the same day, regarding the other two projects, despite the deadline apparently passing.
KingSett has scheduled a court hearing for Dec. 13. It claims it is owed about $146 million for the Highline project, which has 327 units, 10 floors of office space, ground-floor commercial space and a hotel component, the latter reportedly sold off last month to raise funds for debt repayment.
The receivership petition alleges the misappropriation and misuse of certain funds in relation to Highline. Daniel Nugent, a lawyer for Thind, declined to comment Monday, saying the matters are before the courts.
Pressures are mounting on the company run by CEO, Daljit Thind, who began his life in Canada as a construction worker before going on to found and operate a large development company. According to its website, Thind Properties has built 1,200-plus new homes, with 1,600-plus under construction and 1,800 coming soon, at a rate of about 450 units per year.
The defendants have 21 days following service to file a response. Thind Properties did not respond to BIV’s request for comment.
