[Burnaby] The Amazing Brentwood | 15 Towers | 186m | 56 flrs | U/C & Proposed - Page 42

SpongeG · #**821** Posted **Jan 29, 2015, 8:52 AM**

simons maybe, they are opening a second store in edmonton which shows they are opening more than one store in a market area...

AudiA3 · #**822** Posted **Jan 29, 2015, 2:07 PM**

The last time I checked, they only have 90 remaining unsold units... only the unpopular units remain:
- lower floor level 2-bdr D2, because the balconies are facing directly at the skytrain station (noisy & lack of privacy)
- 2-bdr C1, because it has the tiniest balcony at 90sqft and also facing the skytrain (noisy & lack of privacy)
- higher floor level 1-bdr A, executive floors and penthouses because they have such high price per sqft

officedweller · #**823** Posted **Jan 29, 2015, 8:23 PM**

I wonder if:

Grandview Wal-Mart might move into the Target space (and close Lougheed?)
Sears might move into the Target space and allow wholesale redevelopment of the old Sears/Eatons building?

AudiA3 · #**824** Posted **Jan 29, 2015, 10:03 PM**

I really hope not, because Wal-Mart is too low-end for this development

jb1969 · #**825** Posted **Jan 29, 2015, 11:50 PM**

Quote:

Originally Posted by AudiA3

The last time I checked, they only have 90 remaining unsold units

interesting. I decided to walked in and asked and was told they still have over 250

Klazu · #**826** Posted **Jan 30, 2015, 1:07 AM**

Quote:

Originally Posted by jb1969

interesting. I decided to walked in and asked and was told they still have over 250

Have to keep the appearance of this thing selling like hot cakes...

Homeowner · #**827** Posted **Jan 30, 2015, 4:02 AM**

Quote:

Originally Posted by AudiA3

I'm really hoping for either Osaka Market or H-Mart to occupy the space for grocery store

Yes agreed. The area could use an Asian type supermarket.

Joat · #**828** Posted **Jan 30, 2015, 6:02 AM**

What's the word on the second tower? Is it supposed to be approved anytime soon or are they going to wait awhile longer till they sell more units?

VanK · #**829** Posted **Jan 30, 2015, 4:20 PM**

Quote:

Originally Posted by Joat

What's the word on the second tower? Is it supposed to be approved anytime soon or are they going to wait awhile longer till they sell more units?

You probably mean the 3rd tower. The 2nd tower is the one that is selling right now. I would imagine that they are waiting until they sell out the 2nd tower, but more importantly its probably a complicated phasing process with all of the new commercial. I am guessing it will be a while before they release the next tower - which still needs to go through the City approval process.

Joat · #**830** Posted **Jan 30, 2015, 10:34 PM**

Yeah I know its selling already but I thought it still had to get final approval or given a development permit. Or maybe I missed something. Anyway, considering both towers are part of phase 1, I guess it should happen relatively soon if it hasnt happened already.

VarBreStr18 · #**831** Posted **Jan 31, 2015, 1:51 AM**

Quote:

Originally Posted by Joat

Yeah I know its selling already but I thought it still had to get final approval or given a development permit. Or maybe I missed something. Anyway, considering both towers are part of phase 1, I guess it should happen relatively soon if it hasnt happened already.

Somewhere earlier in this thread was mentioned thatShape would develop Lougheed first and get back to phase 2 of Brentwood.
Is this still the case?
I mean there is only so much manpower and resources.
Shape has to decide priority in order to do a good job.

Joat · #**832** Posted **Jan 31, 2015, 2:02 AM**

All these mall redevelopments are so exciting but I think the time frame for most of them is like 20 years more or less. Though in the case of Brentwood I like that they seem to be starting with the best component.

But yeah, I hope that thing about there being so many units left is false because Id like to see things go as quick and smooth as possible.

Dylan Leblanc · #**833** Posted **Jan 31, 2015, 9:55 PM**

Seems like an odd thing to do

http://imgur.com/V8efoqU

http://imgur.com/buSaxA8

Homeowner · #**834** Posted **Feb 3, 2015, 2:27 AM**

Quote:

Originally Posted by Joat

What's the word on the second tower? Is it supposed to be approved anytime soon or are they going to wait awhile longer till they sell more units?

Usually if a developer can sell 75% of the units,the bank would give them the financing for the project.

VarBreStr18 · #**835** Posted **Feb 3, 2015, 7:09 PM**

Quote:

Originally Posted by AudiA3

The last time I checked, they only have 90 remaining unsold units... only the unpopular units remain:
- lower floor level 2-bdr D2, because the balconies are facing directly at the skytrain station (noisy & lack of privacy)
- 2-bdr C1, because it has the tiniest balcony at 90sqft and also facing the skytrain (noisy & lack of privacy)
- higher floor level 1-bdr A, executive floors and penthouses because they have such high price per sqft

The lower level 2 bedroom/ 2 bath would still make wonderful rental units.
Still superb location , 2 people can easily share . You never run out of tenants.

If only I have more money!!!
Wonder what they ask for?

rofina · #**836** Posted **Feb 3, 2015, 9:07 PM**

Quote:

Originally Posted by VarBreStr18

The lower level 2 bedroom/ 2 bath would still make wonderful rental units.
Still superb location , 2 people can easily share . You never run out of tenants.

If only I have more money!!!
Wonder what they ask for?

Floors 5-49

2bed - $331,400 - $540,400
2bed + Den $459,900 - $550,400

The sizes range from 621 sq/ft to 921 sq/ft.

VarBreStr18 · #**837** Posted **Feb 3, 2015, 11:17 PM**

Quote:

Originally Posted by rofina

Floors 5-49

2bed - $331,400 - $540,400
2bed + Den $459,900 - $550,400

The sizes range from 621 sq/ft to 921 sq/ft.

Are you sure?
How can 621 sf be 2 bed room and 2 bath?

GMasterAres · #**838** Posted **Feb 3, 2015, 11:23 PM**

Wow those prices are insane. I guess location is important but it still amazes me that people would pay $550,000 for a 2 bedroom condo in any of the suburbs including Brentwood when for that price you can still buy a 3+ bedroom townhouse or even a full fledged house with land. :|

*shrug* sign of the times I guess. Buildings are going to look good though and will be nice to see them really start to take shape.

Vin · #**839** Posted **Feb 3, 2015, 11:37 PM**

Quote:

Originally Posted by VarBreStr18

Are you sure?
How can 621 sf be 2 bed room and 2 bath?

Could be a 2 junior-bedroom and 1 bath. Pretty common these days.

Homeowner · #**840** Posted **Feb 4, 2015, 1:49 AM**

Quote:

Originally Posted by rofina

Floors 5-49

2bed - $331,400 - $540,400
2bed + Den $459,900 - $550,400

The sizes range from 621 sq/ft to 921 sq/ft.

That's a pretty good deal for a 2 bedroom @ $331k. It's bigger and cheaper than pretty much all new 1 bedrooms out there.