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  #1241  
Old Posted Feb 2, 2023, 1:20 AM
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I would think that if a developer is willing to build a 80 story tower, then that must be optimal. If a 55 story building has the best profit margin, why build anything else?
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  #1242  
Old Posted Feb 2, 2023, 2:03 AM
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Originally Posted by logan5 View Post
I would think that if a developer is willing to build a 80 story tower, then that must be optimal. If a 55 story building has the best profit margin, why build anything else?
I think a tower up to something in the mid 50 storeys is probably the most profitable, in our market, but not 80. If it's true, why aren't there any 80 storey towers built yet? Only one has been proposed so far in Burnaby. At the Amazing Brentwood the rezoning permitted up to 70 storeys, and they actually built 56, and the remaining towers are the same height, or shorter.

The tallest at Concord Brentwood is also 55 storeys too, but the rest are 50, and 38 and 27 storeys. Presumably those are all profitable too. SoLo's tallest is 52, the other three are shorter. Station Square was rezoned up to 57 floors, but the tallest is also 52, and the other four are shorter.

Although they are going to 65 storeys (for one of the eight towers) at Concord Metrotown - the remainder are all shorter, and the shortest is only 33 storeys. There's one 64 floor tower in the first phase at Gilmore Place - the others are all shorter. There's a possible 73 storey in the second phase, but again, the others are shorter.
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  #1243  
Old Posted Feb 2, 2023, 4:59 AM
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If anything, the optimal cost/benefit height for most cities is apparently 30-40 floors, as evidenced by New York and Shanghai, with Sydney and Melbourne somewhat below that. The only one I can see that bottoms out at above 50 is Chicago... and Vancouver most definitely does not have the same conditions as Chicago.
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  #1244  
Old Posted Feb 2, 2023, 7:21 AM
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Originally Posted by Migrant_Coconut View Post
If anything, the optimal cost/benefit height for most cities is apparently 30-40 floors, as evidenced by New York and Shanghai, with Sydney and Melbourne somewhat below that. The only one I can see that bottoms out at above 50 is Chicago... and Vancouver most definitely does not have the same conditions as Chicago.
No it doesn't have even close to the same conditions. Condos in the popular Lincoln Park neighbour just north of downtown Chicago, go for around $383/sq foot. The average price in downtown Vancouver is nearly triple that at $1100 per sq foot.

Not sure why you are arguing against what an industry expert has said. And that 55 floor optimal height has been mentioned here before many times over the years.
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  #1245  
Old Posted Feb 2, 2023, 7:39 AM
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No it doesn't have even close to the same conditions. Condos in the popular Lincoln Park neighbour just north of downtown Chicago, go for around $383/sq foot. The average price in downtown Vancouver is nearly triple that at $1100 per sq foot.

Not sure why you are arguing against what an industry expert has said. And that 55 floor optimal height has been mentioned here before many times over the years.
Where did I disagree with him? Vancouver's obviously not 30-40 like NYC or Shanghai, nor is it 50-80 like some posters have made up on the spot, which I why I brought it up.
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  #1246  
Old Posted Feb 2, 2023, 2:51 PM
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Originally Posted by logan5 View Post
No it doesn't have even close to the same conditions. Condos in the popular Lincoln Park neighbour just north of downtown Chicago, go for around $383/sq foot. The average price in downtown Vancouver is nearly triple that at $1100 per sq foot.

Not sure why you are arguing against what an industry expert has said. And that 55 floor optimal height has been mentioned here before many times over the years.
All sorts of things get said here, but only some of them are credible. I think the Dikeakos comments are the first I've seen from someone directly involved in the industry that confirms that building higher and higher has logical limits, and that up to 55 storeys seems to be the sweet spot.

That doesn't mean every tower has to be allowed to go to 55 storeys. Those towers that Concord or Bosa or Onni build at 12 storeys, or 28, or 35 are presumably still profitable enough to continue development. And it's not height that's as important as density. And all the highest density buildings, even with viewcones and shadowing policies in place, are in Vancouver.

It's generally not acceptable to let a developer build 'the most profitable' anywhere anyway. The right to develop is always surrounded by rules and regulations about design, energy efficiency, parking provision, as well as height. Viewcones and shadowing are just part of those rules, and respected commentators on here say that overall they're not limiting development or affordability. They do affect individual buildings, obviously, but as they have been around for years any competent developer will have taken them into account in the calculations for what they want to build.
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  #1247  
Old Posted Feb 16, 2023, 9:19 AM
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View cone intrusion of the 130 W Broadway proposal.


Image from NSDA Architects https://www.shapeyourcity.ca/130-w-broadway
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  #1248  
Old Posted Feb 16, 2023, 10:35 AM
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Just looking at that makes me chuckle. Every tower in that shot could be doubled in height and the mountains would still be seen rising very prominently in the background. In fact to make it even more asinine, the only portion of the view largely being protected by the view cones is off the urban sprawl on the lower elevations of the North Shore Mountains…
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  #1249  
Old Posted Feb 16, 2023, 4:11 PM
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Originally Posted by Metro-One View Post
Just looking at that makes me chuckle. Every tower in that shot could be doubled in height and the mountains would still be seen rising very prominently in the background. In fact to make it even more asinine, the only portion of the view largely being protected by the view cones is off the urban sprawl on the lower elevations of the North Shore Mountains…
I assume that's a QE viewcone, which are the dumbest in the city for sure.
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  #1250  
Old Posted Feb 16, 2023, 5:38 PM
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I agree with the existing of a QE viewcone, just not how it's currently presented, that's for sure.

Should start where the north shore sprawl ends.
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  #1251  
Old Posted Feb 16, 2023, 6:16 PM
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The skyline actually looks too small from QE Park, compared to the mountains. A better proportion is if the skyline reached almost halfway up the height of the mountain. Perspectively speaking.
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  #1252  
Old Posted Feb 16, 2023, 7:07 PM
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Originally Posted by logan5 View Post
The skyline actually looks too small from QE Park, compared to the mountains. A better proportion is if the skyline reached almost halfway up the height of the mountain. Perspectively speaking.
But then if you stand at Cambie and Broadway you can hardly see the mountains (but you can). So from that perspective, the height limits are reasonable.
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  #1253  
Old Posted Feb 16, 2023, 7:25 PM
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The Broadway Plan allows buildings to protrude into the QE Park viewcones. That's why the application illustrates the degree of intrusion. These towers couldn't be any taller without adding shade to Janathan Rogers Park - if the towers did that GenWhy would be after the developers.
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  #1254  
Old Posted Feb 16, 2023, 7:38 PM
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I would be after them because they would be getting an unfair advantage over me for my towers. But as far as I also remember, they are protruding into the viewcone more than what the plan allows (for the eastern tower, anyway). Thought you were only allowed to go into 3.2.4a in certain "higher buildings locations".
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  #1255  
Old Posted Feb 16, 2023, 7:39 PM
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I don't have any "high building" sites so I might be wrong. All I know is that even though if we offer 20% below-market rents we can only still build up to the base of the viewcones in like 80% of the Broadway Plan area.
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  #1256  
Old Posted Feb 16, 2023, 7:43 PM
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Originally Posted by Changing City View Post
The Broadway Plan allows buildings to protrude into the QE Park viewcones. That's why the application illustrates the degree of intrusion. These towers couldn't be any taller without adding shade to Janathan Rogers Park - if the towers did that GenWhy would be after the developers.
The Broadway Plan allows building into the 3.1 and 3.2.4a sections only, the east tower’s protrusion into 3.2.4 is not expressly permitted.
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  #1257  
Old Posted Feb 16, 2023, 7:52 PM
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Originally Posted by GenWhy? View Post
I would be after them because they would be getting an unfair advantage over me for my towers. But as far as I also remember, they are protruding into the viewcone more than what the plan allows (for the eastern tower, anyway). Thought you were only allowed to go into 3.2.4a in certain "higher buildings locations".
Yup that’s correct, they can go into 3.1 and 3.2.4a in these locations only. Only for job space in A and B and only for 100% social housing in C.

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  #1258  
Old Posted Feb 16, 2023, 7:54 PM
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Originally Posted by WarrenC12 View Post
But then if you stand at Cambie and Broadway you can hardly see the mountains (but you can). So from that perspective, the height limits are reasonable.
I agree with the QE height limit for the "background" height limits (downtown), but not the foreground (Fairview & Mount Pleasant).

Love that view from Cambie & Broadway.
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  #1259  
Old Posted Feb 16, 2023, 8:00 PM
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Yup that’s correct, they can go into 3.1 and 3.2.4a in these locations only. Only for job space in A and B and only for 100% social housing in C.
I friggin thought so. I knew Jon was applying anyway just to have a public brew-haw with a new Council. The whole building is market rental too with one tower having a daycare. You want to go into the viewcone and not build the mandated social housing? pony up each tower having 20% units below-market, Jon. You know, for those teachers and nurses he was going on about for his downtown tower.
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  #1260  
Old Posted Feb 16, 2023, 8:59 PM
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Originally Posted by Metro-One View Post
Just looking at that makes me chuckle. Every tower in that shot could be doubled in height and the mountains would still be seen rising very prominently in the background. In fact to make it even more asinine, the only portion of the view largely being protected by the view cones is off the urban sprawl on the lower elevations of the North Shore Mountains…
Double the height, double the density. Simple as that, but we don't want that.

And who cares about being logical in this city? Bring in even more asinine policies I say.....
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