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  #61  
Old Posted Apr 25, 2020, 6:44 AM
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Well, if any higher end tower is somehow able to move forward this year in Vancouver I hope it’s this one. It complements the Butterfly well and together would make a great cluster.

The only other one I really would like to see move forward is the Jenga tower.
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  #62  
Old Posted Apr 25, 2020, 6:52 PM
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Originally Posted by TheTerminalCity View Post
Must be some upset folks buying units on the 50-something floor of the Butterfly just to have their western view obstructed
I could care less about the views of rich people during a housing crisis..

But anyone who buys in the downtown peninsula needs to realize that unless they are buying directly on the water that their views will probably disappear slowly.
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  #63  
Old Posted Apr 25, 2020, 8:15 PM
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There is a bit of a checkerboard, as the rental building is in between the two
and one of the Barclay towers (40-50 storeys?) is also offset in the gap.
So it's not just this one tower, but the cluster as a whole.
I guess that's what you get with restrictive zoning frocing clusters, but not much different than other 4 (or 5!) tower per block build-outs downtown.

But it's going to be the nicest cluster around town!

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Originally Posted by Feathered Friend View Post

Last edited by officedweller; Apr 25, 2020 at 8:33 PM.
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  #64  
Old Posted Apr 25, 2020, 9:13 PM
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Even with the spacing, all south and west facing units in Patina are going to completely lose their sunset views, penthouse or not.
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  #65  
Old Posted Apr 25, 2020, 10:39 PM
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Wasn't there a rash of Patina listings last year or whenever these were proposed?
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  #66  
Old Posted Apr 25, 2020, 10:57 PM
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Thats going to be quite an interest (but clunky?) cluster of towers. I'd personally prefer to see one of the Barclay Towers (maybe the one directly beside Patina) be 500', to add a 'third' height tier to this cluster. But that's just me, and I know how the view cones likely don't permit that.

How exactly do we see pre-sales going for this project? Despite the foreign buyers tax, speculation tax, international travel restrictions, if someone with a bucket of cash wants to buy Canadian real estate, there's still no outright BAN on foreign buyers, or local corporate buyers (i.e. BC numbered companies).

The beat goes on?
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  #67  
Old Posted Apr 27, 2020, 2:58 PM
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Originally Posted by Mininari View Post
Thats going to be quite an interest (but clunky?) cluster of towers. I'd personally prefer to see one of the Barclay Towers (maybe the one directly beside Patina) be 500', to add a 'third' height tier to this cluster. But that's just me, and I know how the view cones likely don't permit that.

How exactly do we see pre-sales going for this project? Despite the foreign buyers tax, speculation tax, international travel restrictions, if someone with a bucket of cash wants to buy Canadian real estate, there's still no outright BAN on foreign buyers, or local corporate buyers (i.e. BC numbered companies).

The beat goes on?
This will actually be interesting to see.

Its such a polarizing time.

I can see how RE explodes up aggressively - the amount of stimulus money pumped into the system from central banks over the last couple of months is nothing short of staggering. Easy to make the case of excess cash floating around again and looking to park in any asset that may store wealth.

On the flip side, with unemployment probably around 20% and real demand falling through the floor, also easy to see how prices correct down sharply as buyers are unable to finance purchases, and existing homeowners look to reduce debt loads.

Who wins out? Who knows, I guess we all get to place our bets accordingly.
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  #68  
Old Posted Apr 27, 2020, 4:09 PM
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Originally Posted by Klazu View Post
Well, that's on you if you don't spend time researching your surrounding area development plans. Also, I think there is going to be plenty of air space between the two towers. This is Vancouver with its sparce tower planning after all.
I agree.

It must really hurt though when you pay $2,800 per square foot.
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  #69  
Old Posted Apr 27, 2020, 4:45 PM
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Originally Posted by rofina View Post

On the flip side, with unemployment probably around 20% and real demand falling through the floor, also easy to see how prices correct down sharply as buyers are unable to finance purchases, and existing homeowners look to reduce debt loads.
And if the RE continues to do well then we have a money laundering problem.
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  #70  
Old Posted Apr 29, 2020, 6:27 PM
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Originally Posted by scryer View Post
And if the RE continues to do well then we have a money laundering problem.
Or a bifurcated economy where some will continue to do well during this downturn and others wont.

Both are problems, but not all high end real estate selling in this City right now is going to launderers.
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  #71  
Old Posted Jun 18, 2020, 6:20 PM
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Going to public hearing June 25th at 6PM: https://www.urbanyvr.com/nelson-park-tower/

Can send in your comments/support at https://vancouver.ca/your-government...c-hearing.aspx

Cool looking building so I of course hope it moves forward.
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  #72  
Old Posted Jun 19, 2020, 12:32 AM
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Unemployment is mainly in the service industry. People who can afford to buy condos are working from home right now.

This is one dense block. The setbacks and tapers to reduce the visual mass of earlier towers like Patina now seem to be rendered completely pointless next to the arbitrary jenga on the twin towers and the wavy labia profile of this one.
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  #73  
Old Posted Jun 23, 2020, 6:33 AM
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As we've been super busy with my father's estate, it doesn't look like we'll get a public hearing post up this week. That said, the first round of correspondence on this project has been posted, and there's been pretty strong support expressed so far.

Currently there's 15 letters in favour, and only 3 against.

As noted, you can send your comments here:
https://vancouver.ca/your-government...c-hearing.aspx

Alternatively, you can speak in person, or by phone by registering here:
https://vancouver.ca/your-government...ng-form-2.aspx
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  #74  
Old Posted Jul 1, 2020, 6:16 AM
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https://twitter.com/kennedystewart/s...870113792?s=20


Quote:
JUST PASSED: The tallest Passive House tower in the world is coming to the West End, with over 20% social housing!
102 units of city-owned social housing at no cost to the public
50 market rentals and 328 strata units
Homes for workers, families, children & seniors
https://twitter.com/kennedystewart/s...870113792?s=20

Quote:
Inching towards #AffordableHousing targets for our city.
#Vancouver needs housing for everyone, incl. families & social housing! To the Councillors who voted NO...Pls tell me where you would prefer to put the height & density? if not the West End/ Downtown then WHERE?
https://twitter.com/MelissaDeGenova/...130322944?s=20
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  #76  
Old Posted Jul 1, 2020, 5:17 PM
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I don't love the design, but function over form in this case.
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  #77  
Old Posted Jul 1, 2020, 5:31 PM
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Great news! I am really surprised that Councillor Swanson was against this project.
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  #78  
Old Posted Jul 2, 2020, 2:21 AM
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Good news.

Wish it were 10 or so meters teller to better play off of the Butterfly, but as is they will still look great together. A nice cluster for our skyline.

I really hope it is able to start construction in 1.5 years as planned...
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  #79  
Old Posted Jul 2, 2020, 3:26 AM
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Originally Posted by Klazu View Post
Great news! I am really surprised that Councillor Swanson was against this project.
Surprised? She'll only vote for a development if it's lowrise condos on the west side. Guaranteed nay vote if rentals are involved.

It's an upside down world! (Also of note, this council is a great example of horseshoe theory - the farthest left and farthest right councillors are the consistent anti-housing votes...)
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  #80  
Old Posted Jul 2, 2020, 5:41 AM
trofirhen trofirhen is offline
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smart socialist

Implementing a % of social housing and a % of market rental in this & other major projects is what makes this all good. I hope the principle is applied in broad brush throughout the city.
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