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Park (1698 W Georgia) | 99.25m | 33 Fl | Proposed
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Oh wow that’s great! Forgot about this one.
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Probably needs a mod to change the thread title, but 1616 West Georgia is the adjacent site for two towers, not yet in development. This is Park, 1698 West Georgia, by Anthem.
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I believe this is legally 1688 W Georgia now, need to maximize the 8s for marketing purposes.
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Looks like Whytcliff Park :D
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Stupidly named as the older condo across the street is called 'The Park'.
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no comprendo
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Any idea how many below-grade levels need to be excavated? 213 parking stalls will be included per the rezoning application, but I couldn't find how many levels of parking that translates to.
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Lovely updates Zep, as always. It's fun walking the stretch of Alberni watching this and Alberni go up. Going to be interesting to see people get in and out of here if they're in a car in these new towers.
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This one from March 7, 2022 for the Development Permit Board only had 186 spaces over 7 levels. https://vancouver.ca/files/cov/1616-...port-final.pdf |
From Lawrence Black twitter Oct 18th:
https://pbs.twimg.com/media/F8wUzwib...pg&name=medium https://twitter.com/LawrenceBlackTV |
From Lawrence Black twitter Nov 14th:
https://pbs.twimg.com/media/F-7UrC5b...pg&name=medium https://twitter.com/LawrenceBlackTV |
Looks like they've removed "Desired by Many, Destined for Few" from the hoarding after same opposition.
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From Lawrence Black twitter Dec 19th:
https://pbs.twimg.com/media/GBwJsOMa...pg&name=medium https://twitter.com/LawrenceBlackTV |
This morning Dec 30, 2023
https://i.imgur.com/Hp6tsze.jpg https://i.imgur.com/xmCUTn4.jpg |
From Lawrence Black twitter posted today:
https://pbs.twimg.com/media/GFCt50ua...pg&name=medium https://twitter.com/LawrenceBlackTV |
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....Is Anthem, the privately held company behind this deferral request, a fragile company deserving of public largesse? Founded in 1991, the Anthem Property Group (CEO Eric Carlson, https://anthemproperties.com/company/about-us/) reportedly had an aggregate value of over $6 billion across western North America as of 2019. It currently has a residential portfolio of over 20,500 homes complete, in design or currently under construction. After negotiating with the City, developers usually make the CAC cash payment in full, prior to the CD-1 enactment for a specific development, which happens before construction can commence. In this case, the CACs were only partly paid prior to enactment ($15,660,000 paid of $26,100,000 total due, leaving the current $10,440,000 outstanding). Council previously modified the CAC schedule for this property on June 13, 2023 on the request of the developer. That time it was done without any discussion by Council. It was buried in the consent agenda. (Blink and you would miss it. The mayor and entire council must have blinked.) This new request going to Council on Feb 27 is for the deferral of CAC payment until the end of 2024 or until the construction is above grade. Interest is charged at prime plus 2%. Anthem’s reasons for the request include “market uncertainty” from interest rate increases, slow condo market sales/conditions, and increases in hard costs.... https://cityhallwatch.wordpress.com/...no-trip-feb27/ |
So a $10M loan at prime +2 for Anthem? Not the end of the world IMO.
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If I was a developer I'd be wondering why I can't ask for the same treatment. |
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Can CAC dollars for this project even be spent now anyway? |
Our Clients are obviously not as big as Anthem or risky, but proceeding with Excavation ahead of the Rezoning being enacted and owing the City $10m still in CACs is wild.
I still can't believe the City expects CACs paid out of pocket before anything is even built / sales completed. From City Hall Watch: "If the $10,440,000 ever does get paid", like give it a rest bucko. It legally has to be paid. |
From Lawrence Black twitter posted March 18th:
https://pbs.twimg.com/media/GI-s-CMX...pg&name=medium https://twitter.com/LawrenceBlackTV/...227847/photo/2 |
I have the parkade info at 7 levels, the permit https://vancouver.ca/files/cov/1616-...port-final.pdf page 1 and 6 has it at 7 levels.
Yesterday https://i.imgur.com/Nd9x4VJ.jpg https://i.imgur.com/YKLIDD0.jpeg https://i.makeagif.com/media/3-29-2024/68nOWs.gif https://makeagif.com/i/68nOWs |
Won't the pit be similar in depth to Fifteen Fifteen which is also 7 levels of parking?
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My end of the month update.
This afternoon, looks like another level (level 6? of 7) dug down since last month. Mar 28th and Apr 29th gif https://i.makeagif.com/media/4-30-2024/vJsAKf.gif https://makeagif.com/i/vJsAKf https://i.imgur.com/YuXLuxj.jpg https://i.imgur.com/iGRuULV.jpg https://i.imgur.com/QpUINWV.jpg |
Seems like they're almost at the bottom since the temporary staircase I think is at a similar count to Fifteen Fifteen though the bottom ladder section was double the length of the current ladder (which is still raised up from the rest of the pit)
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Shouldnt this thread be labeled U/C?
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From Lawrence Black twitter May 21st:
https://pbs.twimg.com/media/GOIT1_lX...pg&name=medium https://twitter.com/LawrenceBlackTV |
From Lawrence Black twitter June 7th:
https://pbs.twimg.com/media/GPf3609W...pg&name=medium https://twitter.com/LawrenceBlackTV |
From Lawrence Black twitter July 1st:
https://pbs.twimg.com/media/GRbX1hGW...pg&name=medium https://twitter.com/LawrenceBlackTV |
Friday morning - July 27, 2024
I think they've reached the 7th and final level. The building core footing still needs to be excavated. Noticed (Dec 18, 2023) the excavator (someone) was in the Christmas spirit...'Ho Ho' https://i.makeagif.com/media/7-28-2024/qFK7zK.gif https://makeagif.com/i/qFK7zK https://i.imgur.com/HqP0hQl.jpeg https://i.imgur.com/9LxX2Nd.jpeg Installing dowels in this last level along the southside, maybe for tying into a column footing or building core footing ? https://i.imgur.com/KZbpOdi.jpeg https://i.imgur.com/JSo7qqA.jpeg https://i.imgur.com/APIpcGo.jpeg https://i.imgur.com/jFxFItI.jpeg https://i.imgur.com/ydit7fC.jpeg https://i.imgur.com/xX9nZcu.jpeg |
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From Aug 16. 2024 taken by George I.
Much thanks to George for sharing his tour of Alberni by Kengo Kuma's penthouse suite. https://i.imgur.com/lrJu3ip.jpeg https://www.dropbox.com/scl/fo/vt59j...=f3th2jps&dl=0 https://i.imgur.com/QLR5v6j.jpeg https://www.dropbox.com/scl/fo/vt59j...=9vs5x4ml&dl=0 |
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