[Surrey] University District | 67 & 82 m | 26 & 32fl | U/C - Page 13

GMasterAres · #**241** Posted **Feb 9, 2016, 9:50 PM**

Quote:

Originally Posted by w34lth

I think due to ongoing construction in the area. They limit the number of projects that are allowed to be worked on at once.

I don't believe there is such a limit though I could be wrong. The limitation is typically market demand. So developers hold off and phase things as building too much in an area can make it difficult for them to sell units and get financing.

That's why you don't see very many (if any) massive 6-8 tower projects all under construction at the same time. Almost always it ends up being Phase A through D, 2 towers at a time.

Case and point look at Wave/Wynd. They've held off on Wynd because there is so much for sale or under construction right now that they can't sell the units quick enough to get financing to start construction. So they wait until the market demand increases and supply decreases.

To my recollection the only project in recent history that had many buildings all at once being constructed was the Olympic Village back in 2010 because they simply had to. But everything else is phased if it is large.

w34lth · #**242** Posted **Feb 9, 2016, 10:03 PM**

Quote:

Originally Posted by jhausner

I don't believe there is such a limit though I could be wrong. The limitation is typically market demand. So developers hold off and phase things as building too much in an area can make it difficult for them to sell units and get financing.

That's why you don't see very many (if any) massive 6-8 tower projects all under construction at the same time. Almost always it ends up being Phase A through D, 2 towers at a time.

Case and point look at Wave/Wynd. They've held off on Wynd because there is so much for sale or under construction right now that they can't sell the units quick enough to get financing to start construction. So they wait until the market demand increases and supply decreases.

To my recollection the only project in recent history that had many buildings all at once being constructed was the Olympic Village back in 2010 because they simply had to. But everything else is phased if it is large.

I believe you are right. I may of misunderstood.

osirisboy · #**243** Posted **Feb 9, 2016, 11:17 PM**

Quote:

Originally Posted by jhausner

There is no second tower. The project across the street originally also called "University District" is 2 towers. This one is 1 tower. So ultimately both projects = 3 towers.

The 2 towers will be located where the current sales center is and will be followed up by other phases to apparently add a total of 6 more towers between University and King George (up to the TD bank).

Ah ok. Thanks for the info. The title of the thread is confusing lol.

CoryHolmes · #**244** Posted **Feb 10, 2016, 2:09 AM**

I believe the whole Bosa development is called University District. This first tower is called Alumni, IIRC.

GMasterAres · #**245** Posted **Feb 10, 2016, 6:20 PM**

Quote:

Originally Posted by CoryHolmes

I believe the whole Bosa development is called University District. This first tower is called Alumni, IIRC.

Yah I believe you are spot on. So each phase will likely have its own name but under the umbrella of "University District."

Similar to the "Urban Village" for Weststone that speaks to all the developments in that block including Ultra, Evolve, Agenda, Element, etc.

w34lth · #**246** Posted **Feb 10, 2016, 6:33 PM**

This show placement of the additional towers.

Cypherus · #**247** Posted **Feb 11, 2016, 5:00 AM**

^Thanks for sharing. 5 towers on the lot of the old Sears outlet store is a bit of a clustermuck. I can see 4 towers, at the most, but I am open to surprises.

osirisboy · #**248** Posted **Feb 11, 2016, 5:12 AM**

Ah ok. That's helpful!

Maybe we can change the thread since it's just the one tower u/c alumni and the two towers listed in the thread haven't even started sales

Sheba · #**249** Posted **Feb 11, 2016, 6:52 PM**

Quote:

Originally Posted by Cypherus

^Thanks for sharing. 5 towers on the lot of the old Sears outlet store is a bit of a clustermuck. I can see 4 towers, at the most, but I am open to surprises.

It's a pretty big piece of land - it's not just the Sears lot but also most of the fields around it. It's from 104th to 105th, and City Parkway to the alley behind the TD. If they don't make all of the towers square boxes (although they probably will) then it could turn out pretty nice.

officedweller · #**250** Posted **Mar 2, 2016, 11:50 PM**

By Yellow Fever March 1st.

I like the curve of the podium, but not the tower so much.

Quote:

Originally Posted by Yellow Fever

March 1st

IMG_9900 by Yellow Fever @ SkyscraperCity, on Flickr

IMG_9902 by Yellow Fever @ SkyscraperCity, on Flickr

Quote:

Originally Posted by Yellow Fever

IMG_9904 by Yellow Fever @ SkyscraperCity, on Flickr

IMG_9903 by Yellow Fever @ SkyscraperCity, on Flickr

clee7903 · #**251** Posted **Mar 5, 2016, 3:33 AM**

By my count, UD has topped out. The missing steel column on the corners means that they won't go any higher. If you noticed the 5 steel columns sticking out from the top, that part is the decorative concrete that goes one floor higher but purely decorative.

GMasterAres · #**252** Posted **Mar 5, 2016, 6:33 AM**

Pretty close if it hasn't topped out yet. I only seem to be able to count 29 floors in those last pictures and it is supposed to be 32 storeys so I must be missing a few or something. That said, it's close to top regardless. Park Avenue East is also close I think it needs just another 3 floors to top out at 39. Nice to see these projects reaching the height so they can clean them up, remove the cranes, get people in, and move to the next towers.

w34lth · #**253** Posted **Mar 8, 2016, 11:36 PM**

Quote:

Originally Posted by jhausner

Pretty close if it hasn't topped out yet. I only seem to be able to count 29 floors in those last pictures and it is supposed to be 32 storeys so I must be missing a few or something. That said, it's close to top regardless. Park Avenue East is also close I think it needs just another 3 floors to top out at 39. Nice to see these projects reaching the height so they can clean them up, remove the cranes, get people in, and move to the next towers.

It seems as if they are topped out. I noticed today they are working on the roof top patio? (correct me if i am wrong)

clee7903 · #**254** Posted **Mar 9, 2016, 6:16 AM**

Quote:

Originally Posted by w34lth

It seems as if they are topped out. I noticed today they are working on the roof top patio? (correct me if i am wrong)

They are working on the roof though it's kind of too high to see from street level. Unless you're looking from another building...

scryer · #**255** Posted **Mar 10, 2016, 4:13 AM**

This little intersection is gonna densify/look like a real downtown when other neighbouring lots start to develop. I hope that the ground retail finds new tenants fast! Great development!

Shift · #**256** Posted **Mar 10, 2016, 5:23 AM**

Pretty sure it's topped out now. Looks like they're working on the mechanical.

Cypherus · #**257** Posted **Mar 11, 2016, 2:17 AM**

Thanks for the pics, Shift. They have been working on the mech-house in the last week. Looks like some unsold units still available based on an email I recently received.

w34lth · #**258** Posted **Mar 11, 2016, 5:23 PM**

Quote:

Originally Posted by Cypherus

Thanks for the pics, Shift. They have been working on the mech-house in the last week. Looks like some unsold units still available based on an email I recently received.

When i went last they still had a couple units on the lower floors facing north still available.

clee7903 · #**259** Posted **Mar 12, 2016, 4:54 AM**

Quote:

Originally Posted by w34lth

When i went last they still had a couple units on the lower floors facing north still available.

All the north facing 1 bedroom plan...have been sold out. All B plans have totally been removed from the sales website. They are now left with some of the 2 bedrooms, penthouse and that A plans - the ones with no balcony facing south.

GMasterAres · #**260** Posted **Mar 14, 2016, 5:59 AM**

Quote:

Originally Posted by w34lth

It seems as if they are topped out. I noticed today they are working on the roof top patio? (correct me if i am wrong)

Could be and based on the other posters and your post it sounds like it has which is good to see. I drive by every week day but hard to really take a look when I'm zipping down 104th towards the SFPR.