[Burnaby] The Amazing Brentwood | 15 Towers | 186m | 56 flrs | U/C & Proposed - Page 208

Klazu · #**4141** Posted **Oct 28, 2019, 7:44 PM**

Quote:

Originally Posted by cairnstone

City hall issue OP when all life safety programs devices are in place. So that means everything meets code. So if anything as simple as a signage on bike storage room that holds up OP. Also on a project this size you have binders of information that need to be reviewed. Sign offs from all registered professionals etc. Some cities only verify so many floors a day.

With so many projects having been proposed and built in the last decade, I wonder if city hall has added any staff to deal with the workload or if a huge backlog has been built over the years?

NetMapel · #**4142** Posted **Oct 29, 2019, 2:52 AM**

TransLink proposes 2 new major bus routes connecting to SkyTrain

Brentwood is about to get a lot more transit-friendly with these changes

cairnstone · #**4143** Posted **Oct 29, 2019, 2:50 PM**

Quote:

Originally Posted by VarBreStr18

I understands all the red tapes, but doesn't all other major developments go through the same process? and they are able to complete in a timely manner. I still think Shape lacks common courtesy and simple customer relationship in not send out some kind of construction update to owners. A simple " we understand your frustration...but we are trying very hard to move everybody in by such date. Here is what we are doing now..... " Don't keep owners in the dark, we just need to be informed. The last update we had was back in June. And please don't say this is whining because this is part of construction news as well.

Every City has different steps. Vancouver is a charter city so they have a different code that has to be followed. Every city has a different procedure. And yes Shape should be more transparent but individual owners you have no weight. As you technically don't own anything but the right to purchase when finished. And your contract can be cancelled.

So Shape only concern is to keep the project owners happy (The institutional lenders and investors). That is why the rental building was finished first most likely.

cairnstone · #**4144** Posted **Oct 29, 2019, 2:57 PM**

Quote:

Originally Posted by Klazu

With so many projects having been proposed and built in the last decade, I wonder if city hall has added any staff to deal with the workload or if a huge backlog has been built over the years?

Yes and typically it has not really helped. My last few projects were slowed down in certain parts by having new staff and not knowing the industry. Many people in the system now are hired internal and not from the trades etc. And another thing is we are in a period of code change so many projects are being built on the old code but the new hired inspectors plan checkers are referencing new code. So you get stuck in the wait for a more Sr inspector to over rule. Or get change to new code bylaws and eat the delay and costs.

Once the new hires get a few projects under the belt it will be better but right now its growing pains.

MetroYVR · #**4145** Posted **Oct 29, 2019, 4:29 PM**

what kind of education is needed to get into this field of city inspection?

VarBreStr18 · #**4146** Posted **Oct 29, 2019, 5:44 PM**

Quote:

Originally Posted by cairnstone

Every City has different steps. Vancouver is a charter city so they have a different code that has to be followed. Every city has a different procedure. And yes Shape should be more transparent but individual owners you have no weight. As you technically don't own anything but the right to purchase when finished. And your contract can be cancelled.

So Shape only concern is to keep the project owners happy (The institutional lenders and investors). That is why the rental building was finished first most likely.

This is exactly what I mean"using other people's money". they are only accountable to their investors which in this case is Ontario Pension Fund, not the condo purchasers . Look at smaller regional developers like Bosa, Thind they are far more conscientiousness about customer relationship and efficient fiscal management. I can bet if some local developers own Brentwood Town Center,none of this nonsense/delay would happen. Poor operation and they use city red tape as excuse for delay. Purchasers mean nothing to Shape.

cairnstone · #**4147** Posted **Oct 29, 2019, 9:34 PM**

Quote:

Originally Posted by VarBreStr18

This is exactly what I mean"using other people's money". they are only accountable to their investors which in this case is Ontario Pension Fund, not the condo purchasers . Look at smaller regional developers like Bosa, Thind they are far more conscientiousness about customer relationship and efficient fiscal management. I can bet if some local developers own Brentwood Town Center,none of this nonsense/delay would happen. Poor operation and they use city red tape as excuse for delay. Purchasers mean nothing to Shape.

They also have the same investors(lenders). You don't use your money to develop. Every developer has delays and I don't recall any developers adding a delay clauses.

And legally all you have done is put a deposit down with a right to purchase. You dont actually own anything till they complete the sale and the unit is registered?

cairnstone · #**4148** Posted **Oct 29, 2019, 9:35 PM**

Quote:

Originally Posted by MetroYVR

what kind of education is needed to get into this field of city inspection?

There is a whole program that is taught through correspondence and BCIT

MetroYVR · #**4149** Posted **Oct 30, 2019, 6:00 AM**

Quote:

Originally Posted by VarBreStr18

This is exactly what I mean"using other people's money". they are only accountable to their investors which in this case is Ontario Pension Fund, not the condo purchasers . Look at smaller regional developers like Bosa, Thind they are far more conscientiousness about customer relationship and efficient fiscal management. I can bet if some local developers own Brentwood Town Center,none of this nonsense/delay would happen. Poor operation and they use city red tape as excuse for delay. Purchasers mean nothing to Shape.

why do you need to move in so bad?

VarBreStr18 · #**4150** Posted **Oct 30, 2019, 5:22 PM**

Quote:

Originally Posted by MetroYVR

why do you need to move in so bad?

Doesn't everybody else in T1 and T2 also anxious to move in? Man.... it has been 5 1/2+ years !!!! I have been renting since I sold my house in 2017 thinking that I can move in by 2018. I pay $2000 per month for rent, and you do the math.

Spr0ckets · #**4151** Posted **Oct 30, 2019, 7:46 PM**

Quote:

Originally Posted by VarBreStr18

Doesn't everybody else in T1 and T2 also anxious to move in? Man.... it has been 5 1/2+ years !!!! I have been renting since I sold my house in 2017 thinking that I can move in by 2018. I pay $2000 per month for rent, and you do the math.

Given where the state of this project was in 2017, wasn't that decision kind of.......I don't know.......rash?

Especially considering the rental market and general housing situation in the GVA.

MetroYVR · #**4152** Posted **Oct 30, 2019, 8:05 PM**

Quote:

Originally Posted by VarBreStr18

Doesn't everybody else in T1 and T2 also anxious to move in? Man.... it has been 5 1/2+ years !!!! I have been renting since I sold my house in 2017 thinking that I can move in by 2018. I pay $2000 per month for rent, and you do the math.

Unfortunately, T2 owners are unlikely to move in until late 2020 or even early 2021 if your unit is on the higher floor. You should take it easy, you sold your house at the peak of the market and the appreciation on your Brentwood condo is still more than your rental costs.

daverraver · #**4153** Posted **Oct 30, 2019, 8:18 PM**

Quote:

Originally Posted by officedweller

The Amazing Brentwood website now says Sporting Life opening "November 2019".

According to Sporting Life's website, the official grand opening is Thursday November 7th. I don't think it can get more official than that.

Vin · #**4154** Posted **Oct 30, 2019, 8:32 PM**

Quote:

Originally Posted by daverraver

According to Sporting Life's website, the official grand opening is Thursday November 7th. I don't think it can get more official than that.

They may drop the 7th from the website statement, just saying.

officedweller · #**4155** Posted **Oct 30, 2019, 9:02 PM**

and they have a video - presumably it really is the Brentwood store.

• Video Link

https://www.sportinglife.ca/en-CA/sporti...fgfDE5QIVFdlkCh0NCwkoEAAYASAAEgJITfD_BwE

This Retail Insider article says that Canada Goose items represent one quarter of Sporting Life's overall sales!
https://www.retail-insider.com/retail-in...t-of-its-kind-canada-goose-shop-in-store

MetroYVR · #**4156** Posted **Oct 31, 2019, 10:53 PM**

Meraki, are all of the private amenities ready for residents to use? Why don't you share some pictures to us

https://theamazingbrentwood.com/rental/features-and-amenities

VarBreStr18 · #**4157** Posted **Nov 1, 2019, 1:02 AM**

Quote:

Originally Posted by Spr0ckets

Given where the state of this project was in 2017, wasn't that decision kind of.......I don't know.......rash?

Especially considering the rental market and general housing situation in the GVA.

The decision to sell my house is far from rash. Turns out it was a very sound decision. I was able to sell my house in less than 10 days and at full asking price .... take a look at today's market !!! But I honestly did not anticipate TAB to be so ridiculously late. I was prepared to pay a year rent waiting for TAB. But 2+ years and no end in sight?

EddieVH · #**4158** Posted **Nov 1, 2019, 1:43 AM**

Quote:

Originally Posted by VarBreStr18

The decision to sell my house is far from rash. Turns out it was a very sound decision. I was able to sell my house in less than 10 days and at full asking price .... take a look at today's market !!! But I honestly did not anticipate TAB to be so ridiculously late. I was prepared to pay a year rent waiting for TAB. But 2+ years and no end in sight?

Your situation sounds exactly like mine. Only I’m paying 2600 in rent. When I sold my house in 2017, I told the land lord about 1 to 1.5 years tops. It’s dragging on to 2.5 years now. I don’t regret selling when I did. Shortly after, the prices tanked. My old house has since been resold for a 125K loss.

Kevindemi · #**4159** Posted **Nov 1, 2019, 2:05 AM**

[QUOTE=cairnstone;8732366]Every City has different steps. Vancouver is a charter city so they have a different code that has to be followed. Every city has a different procedure. And yes Shape should be more transparent but individual owners you have no weight. As you technically don't own anything but the right to purchase when finished. And your contract can be cancelled.

What baffles me is that if the delay in getting a permit is because things are not to standard how come renters were allowed to just move in right away? City Hall doesnt care about safety standards for them???? That.s what makes me think the occupancy permit and safety excuse is masking some other problem.

VarBreStr18 · #**4160** Posted **Nov 1, 2019, 2:12 AM**

Quote:

Originally Posted by MetroYVR

Unfortunately, T2 owners are unlikely to move in until late 2020 or even early 2021 if your unit is on the higher floor. You should take it easy, you sold your house at the peak of the market and the appreciation on your Brentwood condo is still more than your rental costs.

Don’t know where you get this information , I sure hope your are wrong unless you work for Shape.
It is hardly comforting to say appreciation of Brentwood would compensate the loss due to renting, not as if the appreciated value is cold hard cash. Brentwood is a place to live unless you own another unit to flip.