[Surrey] Park Avenue | 124m & 118m | 36 & 40 Floors | Complete

[Cypherus]

Thanks for the update, shsieh. Definitely concerning for those who wish to close and start paying into equity sooner rather than later. I also wonder how this is impacting sales of Park Avenue West as it appears there are many units still available.

[rokim99]

Originally Posted by Cypherus

Thanks for the update, shsieh. Definitely concerning for those who wish to close and start paying into equity sooner rather than later. I also wonder how this is impacting sales of Park Avenue West as it appears there are many units still available.

Really ?! Last I saw was that Park Avenue West was sold out , and they actually closed the sales centre in the Surrey... I am pretty sure that both East and West towers are sold out by now -- correct me if i am wrong though.

[Shift]

Another from today. The west tower is now noticeably taller than the first one. Will stand out even more once the roof is complete and finally break up that table top a bit.

[clee7903]

is that the last "full" floor of the west tower in the last pic?

[GMasterAres]

Originally Posted by Cypherus

Thanks for the update, shsieh. Definitely concerning for those who wish to close and start paying into equity sooner rather than later. I also wonder how this is impacting sales of Park Avenue West as it appears there are many units still available.

Interested to know where you got your info from too because according to Concord Pacific, both East and West are sold out fully, no more units left.

All these projects are not terribly difficult to move contrary to what some may think. Evolve for example as of August 30th only had 14 units available. Not sure the number now but it is likely less and near sold out. Prime is sold out. Alumni only has pretty much penthouse units remaining. etc.

6 month construction delays don't jeopardize projects, construction delays are a normal thing for projects these size. The fact that the projects in Surrey Central don't sell out in 1 hour like you get in Burnaby or sometimes Vancouver isn't an indication of it being difficult to sell, but actually an indication of the market in Burnaby and Vancouver being stupid and just not normal. Any developer who can complete a tower with near if not all units sold is a happy camper even if they didn't sell out in 1 hour.

Heck when Concord Pacific took over Park Place across the street, they inherited a project that was years behind schedule, went through 2 other company's hands, and the world financial crash, and ultimately when completed only had 21 units out of 700+ left to sell (3%). I don't think they were crying and those remaining units sold over the next year.

[Shift]

Originally Posted by clee7903

is that the last "full" floor of the west tower in the last pic?

Looks like it yeah. You can see the rebar sticking up for the roof amenity over hang.

[officedweller]

Great shot!

[Shift]

Thanks

[vanman]

Nicely done Shift. King George is starting to look like a legitimate hub now.

[Shift]

And this is just the start:
Applications are underway for a 46 tower and 20 storey tower on the site just to the East
Concord's application for a 42 storey tower to the south behind the original 3 towers.
The Hub's 5 additional towers to the South of King George Station.
Century Group's 2 towers next to Holland Park.
An application underway for a 26 storey tower at 98/Fraser and King George

So 11 more towers to this hub around King George within the next 5-7 years.


Came across this image on DYS architecture's site for the 46 storey / 20 storey project to the east. Says completion 2015, so this was for the original application back in 2013. I'm not sure whats going on with that. A Development Permit and DVP were both issued for the project in 2014, but now its under a new 2016 application for the exact same things.

2013 Application with DP and DVP issued:
https://apps.surrey.ca/Online-Development-Inquiry/?year=13&seq=0220

2016 Application applying for exact same DP and DVP:
https://apps.surrey.ca/Online-Development-Inquiry/?year=16&seq=0053


http://www.dysarchitecture.com/projects/king-george-100th-avenue-development.php

[rokim99]

Originally Posted by Shift

And this is just the start:
Applications are underway for a 46 tower and 20 storey tower on the site just to the East
Concord's application for a 42 storey tower to the south behind the original 3 towers.
The Hub's 5 additional towers to the South of King George Station.
Century Group's 2 towers next to Holland Park.
An application underway for a 26 storey tower at 98/Fraser and King George

So 11 more towers to this hub around King George within the next 5-7 years.


Came across this image on DYS architecture's site for the 46 storey / 20 storey project to the east. Says completion 2015, so this was for the original application back in 2013. I'm not sure whats going on with that. A Development Permit and DVP were both issued for the project in 2014, but now its under a new 2016 application for the exact same things.

2013 Application with DP and DVP issued:
https://apps.surrey.ca/Online-Development-Inquiry/?year=13&seq=0220

2016 Application applying for exact same DP and DVP:
https://apps.surrey.ca/Online-Development-Inquiry/?year=16&seq=0053


http://www.dysarchitecture.com/projects/king-george-100th-avenue-development.php

wow nice ! its nice to see Surrey getting developed slowly.. I think King George side gets some love and not just Surrey Central side...

[rokim99]

updates.. driveway being made , outside elevator coming down ?

[boatman12]

Now if they would just get going on that lobby...It still looks a long way off.
I talked to a Concord rep on the phone the other day but could get no clear answer regarding a walk through or completion date. These people take evasiveness to another level.

[mr90]

Hello Everyone

As a buyer of PA East I have been following your thread for about a month now, figured I'd join in. Sounds like everyone who bought is getting excited to move in, myself included.

Based on what I saw on Wednesday with the elevator coming down. I'd say we are probably 3-4 weeks away from walkthroughs and 6-8 weeks from moving in, depending on whether city inspectors have been certifying the units as they are finished, or if they will certify them after the walkthroughs. I don't think the lobby necessarily has to be done before we can inspect our units, though it would be nice to see the whole thing as we would when we walk in every day.

This pretty much puts it in line with Concord's date of November 14th, though it would be nice if it were sooner.

[boatman12]

Originally Posted by mr90

Hello Everyone

As a buyer of PA East I have been following your thread for about a month now, figured I'd join in. Sounds like everyone who bought is getting excited to move in, myself included.

Based on what I saw on Wednesday with the elevator coming down. I'd say we are probably 3-4 weeks away from walkthroughs and 6-8 weeks from moving in, depending on whether city inspectors have been certifying the units as they are finished, or if they will certify them after the walkthroughs. I don't think the lobby necessarily has to be done before we can inspect our units, though it would be nice to see the whole thing as we would when we walk in every day.

This pretty much puts it in line with Concord's date of November 14th, though it would be nice if it were sooner.

I like your optimism, and hope you are right, but be aware that Nov. 14 was, according to the last amendment, the possible CONSTRUCTION completion date, not the possession date.
When I walked by yesterday the outside lift was almost completely removed as was the panelling.

[mr90]

From my understanding, construction "completion" is when the developer is granted the occupancy permit and all work has been completed, including inspections and touch ups. If they take this right until November 14th, we would be taking possession 10 business days (2 weeks) later, so toward the end of November. Ideally, it would be nice to have possession mid-November so we are not all rushing our moves on the 1st. But who knows, given Concord's secrecy, another delay amendment could easily be in the cards.

One reason I do believe this may be the final amendment though is that if they wanted to take longer, they could have simply, back on June 30th, issued an amendment to have completion between Oct 2016-Jan 2017, or some other 3 month window, rather than the Aug-Nov 2016 one received. Remember that these amendments cost the developer both time and money.

[大家平]

Following these rules are extremely important to protect everyone.

[boatman12]

Based on what I saw today on an up close walk by, I can see why Concord is being so evasive concerning completion. Not good.

[大家平]

Property developers usually protect themselves when they answer queries re: their products, this is not too strange, If I were them, I would be very conservative as well, as any commitment or even slight comments would easily cause more follow-on queries.

[大家平]

Do anyone knows if the unit price of East or West Towers increase for how much?