Olympic Village & Southeast False Creek Updates Discussion - Page 359

jollyburger · #**7161** Posted **Aug 6, 2023, 3:57 AM**

Quote:

Originally Posted by whatnext

The tweet made it sound like it did but I was curious if that was actually the case, which is why I asked. Would it have been covered by ABC's rebate?
https://www.vancouverisawesome.com/local...illion-tax-break-empty-homes-tax-6983368

Yeah I guess they might be eligible for this "exemption"

officedweller · #**7162** Posted **Aug 7, 2023, 7:54 PM**

Tesoro

Pic by a friend yesterday:

Coldrsx · #**7163** Posted **Aug 21, 2023, 4:24 AM**

A few from my walk the other day.

This canyon is pretty crazy given how new it is.

seamusmcduff · #**7164** Posted **Aug 30, 2023, 6:04 PM**

The site at Ontario and Cambie has come back with a substantially VE'd proposal (in my opinion).

125 rental units and 20% for moderate incomes, with commercial at grade:
https://www.shapeyourcity.ca/5-w-2nd-ave-2

officedweller · #**7165** Posted **Aug 30, 2023, 9:22 PM**

Quote:

Originally Posted by seamusmcduff

The site at Ontario and Cambie has come back with a substantially VE'd proposal (in my opinion).

125 rental units and 20% for moderate incomes, with commercial at grade:
https://www.shapeyourcity.ca/5-w-2nd-ave-2

Ontario & West 2nd.

I think it looks more conventional - for the better.

WarrenC12 · #**7166** Posted **Aug 30, 2023, 9:53 PM**

Quote:

Originally Posted by officedweller

Ontario & West 2nd.

I think it looks more conventional - for the better.

Yeah I'm generally in agreement.

I was wondering what the delay was on construction, I guess this is it.

Migrant_Coconut · #**7167** Posted **Aug 30, 2023, 10:03 PM**

Matching colours is always a net improvement.

Newcastle Kid · #**7168** Posted **Aug 30, 2023, 10:18 PM**

Big downgrade IMO. The tile and brick were a nice touch, as were the actual overhangs, and they also seem to have lost a floor.

GenWhy? · #**7169** Posted **Aug 30, 2023, 10:43 PM**

Quote:

Originally Posted by WarrenC12

Yeah I'm generally in agreement.

I was wondering what the delay was on construction, I guess this is it.

Seems about right for a DP even with a mild design re-do. City's website says the rezoning was only approved at Public Hearing in April of 2022. Probably another year until shovels in the ground.

GenWhy? · #**7170** Posted **Aug 30, 2023, 10:44 PM**

Quote:

Originally Posted by Newcastle Kid

Big downgrade IMO. The tile and brick were a nice touch, as were the actual overhangs, and they also seem to have lost a floor.

Original application: https://www.shapeyourcity.ca/5-w-2nd-ave

Looks like a polished standard OV area turd now. Seemed to have gained FSR too.

Changing City · #**7171** Posted **Aug 30, 2023, 11:16 PM**

Quote:

Originally Posted by GenWhy?

Seems about right for a DP even with a mild design re-do. City's website says the rezoning was only approved at Public Hearing in April of 2022. Probably another year until shovels in the ground.

Change of architects, too. Smooth glossy metal panels are much for practical for cleaning than brick or tile - and it's a rental, so they can't leave it to the strata to worry about that. They're still putting charcoal brick on the main floor.

seamusmcduff · #**7172** Posted **Aug 31, 2023, 4:48 AM**

Quote:

Originally Posted by officedweller

Ontario & West 2nd.

I think it looks more conventional - for the better.

Doh. Not sure how I managed to make that mistake lol

WarrenC12 · #**7173** Posted **Aug 31, 2023, 3:21 PM**

Quote:

Originally Posted by GenWhy?

Seems about right for a DP even with a mild design re-do. City's website says the rezoning was only approved at Public Hearing in April of 2022. Probably another year until shovels in the ground.

It's pretty pathetic that this is the normal timeline of things. Carry on...

Changing City · #**7174** Posted **Aug 31, 2023, 3:46 PM**

Quote:

Originally Posted by WarrenC12

It's pretty pathetic that this is the normal timeline of things. Carry on...

At least they appear to be moving forward. I assume the repair garage is still operating, so it's rent will probably help cover the developer's costs of holding the site.

In the meantime the project has had a significant redesign by a new architect (I don't agree with GenWhy that it's a mild re-do). They've added 3 units and a bit of density, chopped a floor off the top but added 19 more parking spaces, altered the appearance of the building with floating boxes off a core, rather than stacked boxes, and changed the materials.

In the wider context the pro forma will have changed because, as well as the design changes, construction costs will be higher, the costs for construction financing will be more, and presumably the potential rent income should be greater too. The developer must be looking to committing north of $60m for construction, although there shouldn't be too horrendous a risk associated with that. It's not surprising that it's taken a while.

osirisboy · #**7175** Posted **Aug 31, 2023, 4:03 PM**

Ugh. I do t like it at all. Original was way better imo

Jimbo604 · #**7176** Posted **Sep 1, 2023, 2:46 PM**

DailyHive has an informative article on Ontario and W 2nd development:

https://dailyhive.com/vancouver/5-west-2nd-avenue-vancouver-olympic-village-rental-housing-tower

Big design changes for Vancouver Olympic Village rental housing tower
Kenneth Chan
Aug 31 2023, 2:33 pm

Vin · #**7177** Posted **Sep 1, 2023, 5:31 PM**

Quote:

Originally Posted by Jimbo604

DailyHive has an informative article on Ontario and W 2nd development:

https://dailyhive.com/vancouver/5-west-2nd-avenue-vancouver-olympic-village-rental-housing-tower

Big design changes for Vancouver Olympic Village rental housing tower
Kenneth Chan
Aug 31 2023, 2:33 pm

Not an architectural marvel but the new design looks so much better. The previous design was sheer disaster.

urbanight93 · #**7178** Posted **Sep 1, 2023, 7:05 PM**

Disagree. The original design was playful and whimsical and would stand out against the sea of cookie cutter buildings. The update is absolutely a cheapening and looks more atypical of condos designed in the last 5 years.

At least the revision is still ok all things considered, but would've preferred them keeping the pop of yellow and red.

Migrant_Coconut · #**7179** Posted **Sep 1, 2023, 7:11 PM**

At least the colours don't clash anymore. Pale green on pale blue on brown on salmon pink? Who the hell came up with that?!

jollyburger · #**7180** Posted **Sep 2, 2023, 1:54 AM**

Quote:

JTA Development Consultants has submitted a DP application to the City of Vancouver to develop a 18-storey building on site, with commercial at grade and residential above.

The proposal includes the following:

Height of 58.6 m (192 ft.)
Total FSR of 7.91
125 rental units, 20% of residential floor area for moderate income households
Four levels of underground parking with vehicular access form the rare lane
This proposal is subject to Council enactment of the CD-1 rezoning(External link), approval of the Form of Development and decision by the Director of Planning.

https://www.shapeyourcity.ca/5-w-2nd-ave-2