The Butterfly | 178.6m | 57Fl | Completed

[jollyburger]

Around 55% occupancy for 2025.

Creative Energy notes that occupancy data for customer buildings is not typically available to it
as a utility. The occupancy estimates presented above represent Creative Energy's best
estimates based on information available from the developer at the time of this response. The
Residential Tower has not obtained occupancy permits for the top three floors, with the
occupancy permit anticipated in Q2 2026. The developer expects higher occupancy levels for
the Residential Tower by the end of 2026 but it is unable to quantify the expected level at this
time.

Seems like the Beatty Steam Plant will be operation until at least 2029.

As noted in Appendix K of the Application, the timeline for decommissioning the existing Beatty
Steam Plant and commissioning the New Beatty Energy Center is uncertain. Creative Energy
continues to work with the Developer toward a path to completion. Recent progress has been
encouraging, with planning for the project having restarted and the Developer making progress
on the Phase 1 building construction. Creative Energy will provide further updates to the
Commission as the project timeline becomes more certain.

https://docs.bcuc.com/documents/proceedings/2026/doc_86431_b-4-creative-response-bcuc-ir1.pdf

[Feathered Friend]

Application Date: Mar, 04, 2026
Issue Date: Mar 10, 2026
Completed Date:

Details
Occupancy Type: Partial
Use of Building/Premises: Phase 9 / Partial Occupancy

Included:
- Unit 5701 including private elevator lobby and egress corridors (1033 Nelson - Level 57 and Roof))

Excluded:
- Unit 5702 and rooftop service enclosures (1033 Nelson)

https://plposweb.vancouver.ca/Public/Default.aspx?PossePresentation=Guest&PosseObjectId=292152930

Almost done.

[whatnext]

Did somebody actually buy that unit or is it still for sale?

[whatnext]

Someone must be taking a bath on this unit:

$1,199,000Est. $6,034/moGet pre-approved
703 - 1033 Nelson Drive
Vancouver, BC, V6E 0E5West End
2 Bed1 Bath 1086 Sqft

[bb1510]

Originally Posted by whatnext

Someone must be taking a bath on this unit:

$1,199,000Est. $6,034/moGet pre-approved
703 - 1033 Nelson Drive
Vancouver, BC, V6E 0E5West End
2 Bed1 Bath 1086 Sqft

$1,350,575 - not as bad as some other units here and at Kengo Kuma

[NewfBC]

https://www.youtube.com/watch?v=VqiR953QRik


Lots of Butterfly talk in this video.

Ron.

[whatnext]

Originally Posted by bb1510

$1,350,575 - not as bad as some other units here and at Kengo Kuma

Yep, "only" $200k.

[bb1510]

Originally Posted by whatnext

Yep, "only" $200k.

There are multiple on the MLS that are listed at 800k to 1.2m below closing, and some are listed at 40% below closing

[whatnext]

Originally Posted by bb1510

There are multiple on the MLS that are listed at 800k to 1.2m below closing, and some are listed at 40% below closing

Wow, that's crazy! That is why I'm really curious to see how well Oakridge sold.

[whatnext]

Oh dear....

Subcontractor seeks nearly $1M for alleged unpaid work on Vancouver Westbank tower
Breach of contract alleged against affiliate of luxury developer
Jami Makan
about 23 hours ago

A lawsuit claims a subcontractor is owed nearly $1 million for unpaid work and materials supplied to legal entities involved in a high-profile residential tower by Vancouver-based developer Westbank Corp.

Pacific Waterproofing Ltd. is seeking judgment against defendants Nelson Burrard Property Inc. (NB Property), Nelson Burrard Holdings Inc. (NB Holdings) and Icon West Construction Corp., according to an April 20 civil claim in the B.C. Supreme Court....

...The plaintiff alleges three invoices from July 2024 and November and December 2025 remain unpaid, and that a total of $947,521.15 is owed....

https://www.biv.com/news/real-estate/sub...r-westbank-tower-lawsuit-claims-12202143

[RDW989]

Just past midnight this morning, May 3
My pixs

From the west
[IMG][url=https://flic.kr/p/2saXJxN]

From the east
[IMG][url=https://flic.kr/p/2saYbmn]

[giallo]

Nice shots!

[kikin]

wonder what it is like to live in that building, anyone here read recent strata minutes?

[griswold]

Weird interiors aside, at least it's unique looking and adds to the skyline.

[officedweller]

By me today.






I noticed a different species of tree in the sidewalk on Burrard St. next to the First Baptist Church.
Google search says it's a "Black Gum (Nyssa sylvatica)"

[jollyburger]

Seems fairly common with ~1000 trees in the city

[officedweller]

Based on the autumn foliage colour shown on-line, they could be the same trees as around Library Square - but those ones don't have the flowers on them.

[Alex Mackinnon]

Originally Posted by officedweller

Based on the autumn foliage colour shown on-line, they could be the same trees as around Library Square - but those ones don't have the flowers on them.

FYI, you can look up city trees in Vanmap.

[officedweller]

Originally Posted by Alex Mackinnon

FYI, you can look up city trees in Vanmap.

Thanks.

Yes, the Homer St. side of Library Square has:

WILDFIRE BLACKGUM
Botanical Name NYSSA SYLVATICA WILDFIRE

But in the few years they've been planted, I don't think I have seen them flower, and they look a lot more spindley than the ones on Burrard.

[officedweller]

By me today: