601 Beach Crescent | 166m | 56 Fl | Proposed - Page 8

connect2source · #**141** Posted **Nov 21, 2018, 12:08 AM**

Quote:

Originally Posted by LeftCoaster

It will all come down to materials with this one. Inital open house window wall was the material, it now appears to be more curtain wall and higher quality cladding materials. If that is the case it will turn out well, but if they dumb down the materials it will be a regrettable building.

Show me a Pinnacle development with anything more than the cheapest available materials. Most are pretty horrible inside and out. I really wish it was almost any developer besides Pinnacle.

city guy · #**142** Posted **Nov 21, 2018, 4:31 AM**

Quote:

Originally Posted by connect2source

Show me a Pinnacle development with anything more than the cheapest available materials. Most are pretty horrible inside and out. I really wish it was almost any developer besides Pinnacle.

I echo your sentiments exactly...they have built some of the worst stuff in the region...and on top of it, this proposal looks like a dumb parody of V-House...all curvy for no good reason and what's with curved FACETED balconies

for the privilege of building so tall in such prominent position in the city we need far better

trofirhen · #**143** Posted **Nov 21, 2018, 6:00 AM**

Quote:

Originally Posted by city guy

I echo your sentiments exactly...they have built some of the worst stuff in the region...and on top of it, this proposal looks like a dumb parody of V-House...all curvy for no good reason and what's with curved FACETED balconies

for the privilege of building so tall in such prominent position in the city we need far better

May I agree? 601 Beach is somehow the "discount" version of Vancouver House, despite the height, twirls, etc.

Klazu · #**144** Posted **Nov 22, 2018, 4:41 AM**

Quote:

Originally Posted by trofirhen

May I agree? 601 Beach is somehow the "discount" version of Vancouver House, despite the height, twirls, etc.

I see the wind direction has again changed in France?

Quote:

Originally Posted by trofirhen

For me, these two towers have a vaguely "yin" and "yang" aspect to them. Vancouver house with its bold horizontal windows the aggressive "yang," 601, the more passive "yin."

trofirhen · #**145** Posted **Nov 22, 2018, 7:21 AM**

Quote:

Originally Posted by Klazu

I see the wind direction has again changed in France?

(In fact, in reality, the weather here comes from all directions and IS very changeable.)
However, in serious reposne to your observation, 601 IMO, DOES have the potential to be a complement to VH, but on second glance, the materials ARE cheap and crappy.
I had not noticed that before, and was looking at it from a more distant perspective. You are right. My responses were inconsistent, but if 601 was tweaked, it could be OK.
I acknowledge and appreciate your critique, though. I was judging too hastily, too superficially. But the "yin / yang" element, IMO, is somehow still there, or it could be, anyway.

VanCan604 · #**146** Posted **Nov 22, 2018, 8:58 PM**

Quote:

Originally Posted by connect2source

Show me a Pinnacle development with anything more than the cheapest available materials. Most are pretty horrible inside and out. I really wish it was almost any developer besides Pinnacle.

Agree! How did Pinnacle end up being chosen as the developer for this site, anyway? Lowest Bidder?

https://thebreaker.news/news/beach-crescent-appraisal/

Pinnacle International bought 601 Beach Crescent in November 2016 for $20 million, which was higher than the $8.1 million property assessment. But, documents obtained by CityHallWatch via freedom of information and provided to theBreaker, show that the land beside the north end of the Granville Bridge was appraised at $90 million to $160 million, depending on how high and dense a tower could be built on the site.

Feathered Friend · #**147** Posted **Nov 22, 2018, 11:10 PM**

Sigh, not that misleading article again.

Quote:

$20 million: base purchase price
$44.5 million (estimated): design, financing, and development costs to provide the “turnkey” 152 affordable housing units to the City of Vancouver
An adjustment price of $365 per every additional buildable square foot above the current zoning that may be approved as part of a future rezoning and development of the property. For example:
If 200,000 additional buildable square feet were approved at rezoning, the adjustment price would be an additional $73-million payment to the City of Vancouver
If 350,000 additional buildable square feet were approved at rezoning, the adjustment price would be an additional $127.75-million payment to the City of Vancouver
These amounts are only examples and the actual amount of the adjustment price will depend on the approval of an application to rezone the property for future development, which is subject to a public hearing.

https://vancouver.ca/news-calendar/c...e-housing.aspx

So, the City can receive up to, roughly, $192.25 Million under that calculation. Sure paints a different picture.

rofina · #**148** Posted **Nov 23, 2018, 6:42 PM**

Quote:

Originally Posted by Feathered Friend

Sigh, not that misleading article again.

https://vancouver.ca/news-calendar/c...e-housing.aspx

So, the City can receive up to, roughly, $192.25 Million under that calculation. Sure paints a different picture.

These amounts are astronomical. To extract upwards of $200 million on a single development has to be precedent setting.

Do other cities and locales extract value out of development the same way?

Vin · #**149** Posted **Nov 23, 2018, 7:01 PM**

Daylight robbers.

All the millions robbed but where are all the affordable housing?

Quote:

Originally Posted by rofina

These amounts are astronomical. To extract upwards of $200 million on a single development has to be precedent setting.

Do other cities and locales extract value out of development the same way?

Pretty confident City of Vancouver extorts the most, but with the least City infrastructure/amenity/cleanliness/upkeep, etc improvements to show for.
For 200 million they can put in the much-needed downtown streetcar system. But I'm sure they will use that to tear down the viaducts.

By the way, I still love this building and hope they get it built quickly.

s211 · #**150** Posted **Nov 23, 2018, 8:58 PM**

Quote:

Originally Posted by rofina

These amounts are astronomical. To extract upwards of $200 million on a single development has to be precedent setting.

Do other cities and locales extract value out of development the same way?

Awhile ago, someone presented a list of all the CACs, DCCs and other blackmail charges for the Butterfly, and I think it added up to $98M.

Klazu · #**151** Posted **Nov 24, 2018, 1:46 AM**

Quote:

Originally Posted by Vin

Daylight robbers. All the millions robbed but where are all the affordable housing?

Two words: bike lanes.

Feathered Friend · #**152** Posted **Nov 27, 2018, 12:03 AM**

Just a quick reminder that the open house runs tonight from 5 to 8pm at the Portofino Room of the Executive Hotel (1379 Howe St.)

The grub was decent enough last time, and there's sure to be a crowd opposed to the height / loss of views. So if you care about that sort of thing, and want to see taller buildings in the future, you might want to stop by.

officedweller · #**153** Posted **Nov 27, 2018, 10:58 PM**

https://twitter.com/LawrenceBlackTV

VancouverOfTheFuture · #**154** Posted **Nov 27, 2018, 11:10 PM**

Quote:

Originally Posted by officedweller

https://twitter.com/LawrenceBlackTV

mehh, its mediocre for me. nothing too great, nothing too bad.

don't love it, don't hate it. its just another building.

phesto · #**155** Posted **Nov 27, 2018, 11:22 PM**

It's not horrible, just needs some more tweaks. Reminds me of Burrard Place before it got it's final redesign.

I think the City will ultimately have to be less discriminating on the design for this one since they've sold to a notoriously cheap developer and are requiring 30% social housing...can't ask for the best design in the world...

Shame the outdoor pool sits North of the tower.

osirisboy · #**156** Posted **Nov 28, 2018, 12:31 AM**

I really like it but it all depends on what materials they use. Will it be something like the mark or something like trump.

retro_orange · #**157** Posted **Nov 28, 2018, 1:39 AM**

Quote:

Originally Posted by VancouverOfTheFuture

mehh, its medicare for me. nothing too great, nothing too bad.

don't love it, don't hate it. its just another building.

It's medicare for me too.

Metro-One · #**158** Posted **Nov 28, 2018, 2:52 AM**

I would put it above meh (as seen so far).

It is no Vancouver House or Kengo Kumo Tower, but it’s height and general massing does give it a solid presence.

Let’s just hope for some half decent materials.

LeftCoaster · #**159** Posted **Nov 28, 2018, 6:44 PM**

I asked the developer at the open house of the materials pallet and it has changed from being window wall at the first open house to triple glazed curtain wall at this one so it is at least going in the right direction.

I think staff will force Pinnacle do use good materials here, despite Pinnacle's proclivity to value engineer things down.

Vin · #**160** Posted **Nov 28, 2018, 6:47 PM**

The base podium will look horrible if it is just concrete painted over. The L-shape green fins are tacky.

Love the tower, but please, no seafoam glass windows.