Quote:
Originally Posted by mosup
Eh, I dunno. I'm a little skeptical of this proposed Tien Sher development. Quattro 3 hasn't sold out, Quattro 4 hasn't started construction and already the company is starting the planning phase of a four tower community. Uhm, where are they getting the money?
The tower concepts are lazily rendered and the community plan looks half assed. Where are the structure blueprints? And detailed reports?
I think the planning a report is a lot of fluff to lure in speculators into investing. I doubt it will work though, any smart investor would take a walk around that neighbourhood and quickly dismiss it as valid property to put money in. The area is too sketchy at the moment, perhaps if the rundown shops (— stores, pawn shops, loan sharks) were torn down and lease signs were up for the empty parcels of land it would give Gateway a clean slate and appear more investor friendly.
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Woodwards?
But clearly you can't sell anything in a sketchy part of town. And besides, this proposal gets rid of a large focal point of that area being sketchy, the Flamingo. With the Dell closed down and teh Flamingo demolished with this proposal, the sketchy factor will reduce even more. I have friends who moved just north of 108th into a new townhouse complex. They had the same concerns you've voiced when they moved in, coming from Port Moody.
"Oh god there will be druggies everywhere and break ins and and and..." now 1 year later, they are saying "Not anywhere near as bad as I thought." There are more homeless people rumaging through your garbage in Kitsilano than in the Gateway area right now honestly. I've also lived in Surrey my entire life and have had someone take a giant — on the hood of my car (no joke) only in 1 place, Kitsilano. Is that a sketchy area? I dunno. From my perspective, I don't have people taking craps on the hood of my car anywhere in Surrey...
So a little perspective and reality here. Gateway is not _that_ bad. Not anymore. If you have someone in your building growing pot, welcome to metro Vancouver. Ask any VPD and they'll tell you every single high rise in downtown Vancouver has at least 1 growop and a 50% chance of at least 1 meth lab. Is all of downtown Vancouver sketchy then? That stuff happens in a big city.
As for Quatro 3, you will recall they had a massive fire that set back the overall project considerably. Most people invested pulled out and it takes time to start getting that interest back. I am however skeptical of any project until it breaks ground including this one.
But I don't think it is as unrealistic as you think. City Pointe?