[1] The 4,000 acre area was sold by the municipality of West Vancouver to the British Pacific Properties Corporation in 1931, which continues to develop the land to the present day.
[2] The development is credited with starting West Vancouver's slow transformation from a ferry-access only, resort-style beachside enclave into a leafy suburban community with roads, parks, and shopping centres.
[3] In 1931, the British Pacific Properties, a corporation consisting of a group of investors led by the Guinness brewing company,[4] acquired 4,000 acres of land from the municipality of West Vancouver stretching from the Capilano River to Horseshoe Bay.
The land was purchased during the Great Depression, when the municipality was nearing bankruptcy due to residents being unable to pay property taxes.
Olmsted Brothers was founded by Frederick Law Olmsted—the father of North American landscape architecture and the creator of Central Park in Manhattan, Mount Royal in Montreal, and the innovative Riverside suburb in West Chicago.