Quote:
Originally Posted by officedweller
Probably to be built on a different site. With a slow market, using a different site allows construction without tearing it down.
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That's usually the standard way of doing it even in a strong market.
You don't want prospective buyers coming to look at show units and the sales center with construction cacophony rumbling in the background.
Ideally in the same neighborhood and within some vicinity so they know the area, but not necessarily close.
So something like Polaris for example has their sales center all the way farther East on Imperial just one block past Royal Oak - even though the project itself is 4 blocks away west at the corner of Nelson ad Imperial. And there's another unit next door to the Domino's Pizza on Imperial that's perennially used as a sales center for many and any projects in the area all the time.
I think Station Square is the only one I can remember from recent history that had their sales center on their project site (but it was located on the part of the site where Towers #4 and 5 are now being constructed, while they were selling towers #2 and #3. When those were complete they moved the sales center next door across the street on Willingdon to start excavation on the last phase).
Also, Sun Towers project south of Central Blvd. and Beresford has its sales center all the way up north of Kingsway.
I guess it's whatever is available (and not too far).
I seem to recall that Vancouver has a law prohibiting developers from having sales centers of projects not located in the city or the area they're selling. Not sure if Burnaby has a similar law.
So sometime back Concord Pacific were forced to take down some billboards and posters they had on their False Creek offices and headquarters advertising the Concord Brentwood project ( I know the sales center has always been located at Metrotown mall, so these were just large billboard posters facing the skytrain guideways.)
Anyway, I digress...