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View Full Version : [New Westminster] Plaza 88 | 33, 35 & 37 Floors | u/c



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MolsonExport
Mar 3, 2008, 6:13 PM
I just love all the urban infill and densification occurring in Vancouver and burbs.

officedweller
Mar 3, 2008, 9:45 PM
Thanks.
So it looks like that ugly garage wall will be blocked from view or extended onto.

SpongeG
Mar 3, 2008, 10:48 PM
the one built now is the 2nd to the right - there will be 2 more to the west

iof that overpass is in the correct spot in the rendering

vanman
Mar 3, 2008, 11:58 PM
^ No there is definitely only one more tower to the west. If you look closely in that render the west side of the 2nd tower from the left (Azure I) lines up with the overpass. If you see the site in person there is definitely only enough space for a single tower.Interestingly it looks like that the overpass will be partly enclosed by this future phase.

officedweller
Mar 4, 2008, 12:14 AM
That overpass is kind of ugly.

vanman
Mar 4, 2008, 3:35 AM
Kind of? It's quite hideous. Maybe the developer will improve it somehow as part of Plaza 88.

SpongeG
Mar 4, 2008, 4:44 AM
^ No there is definitely only one more tower to the west. If you look closely in that render the west side of the 2nd tower from the left (Azure I) lines up with the overpass. If you see the site in person there is definitely only enough space for a single tower.Interestingly it looks like that the overpass will be partly enclosed by this future phase.

no there is two - the current one is not over the overpass is it?

its just to the east of the overpass - meaning there are still two go to the west

if south is the river than that overpass runs south-north and there will be one over the overpass - not built yet and than one more to the west

which would make what is there now the second to the east or 3rd from the west

SpongeG
Mar 4, 2008, 4:52 AM
i am assuming the circled red one is whats being constructed right now?

http://img.photobucket.com/albums/v62/spongeg/newweest.jpg

excel
Mar 4, 2008, 5:38 AM
Nice update thanks.

deasine
Mar 4, 2008, 7:32 AM
That overpass is kind of ugly.

That's an understatement.

vanman
Mar 4, 2008, 7:36 AM
i am assuming the circled red one is whats being constructed right now?

http://img.photobucket.com/albums/v62/spongeg/newweest.jpg

Sponeg you are incorrect. That tower you highlighted is Azure II which is to the right or east of the already topped out Azure I. All three towers of Plaza 88 are u/c with Marinus, the furthest tower to the east at the parking podium level.

Azure I
http://img.photobucket.com/albums/v643/vannmann/DSC01570.jpg

Azure II
http://img.photobucket.com/albums/v643/vannmann/DSC01565.jpg

Marinus
http://img.photobucket.com/albums/v643/vannmann/DSC01560.jpg


If you look at this picture you can clearly see that the overpass borders the westernmost edge of Azure I.
http://img.photobucket.com/albums/v643/vannmann/Picture214.jpg

SpongeG
Mar 5, 2008, 12:04 AM
okey

really haven't driven by in a while

my bad

vanman
Mar 5, 2008, 6:20 PM
^I thought I was going to have to bet you a steak.
(I know, it's getting old.)

Volksboi
Mar 31, 2008, 11:34 PM
Some new pics from today...

http://i253.photobucket.com/albums/hh57/volksboi/Picture688.jpg

http://i253.photobucket.com/albums/hh57/volksboi/Picture687.jpg

http://i253.photobucket.com/albums/hh57/volksboi/Picture685.jpg

mr.x
Apr 1, 2008, 12:06 AM
holy moly.....nice.

Jared
Apr 1, 2008, 12:12 AM
Is that entire podium a parkade? Kinda looks like it from the last pic...

Volksboi
Apr 1, 2008, 12:15 AM
Is that entire podium a parkade? Kinda looks like it from the last pic...

Yes it is from that side of the street. The first floor will be retail, but the rest is parking. The other side of the tower will be all retail though with no parkade.

officedweller
Apr 1, 2008, 12:42 AM
Thanks!

vanman
Apr 1, 2008, 6:11 AM
Thanks for the new pics. Now that Azure I has topped out I'm starting to get worried that developers are going to cheap out and not extend the glass to cover the mech penthouse as shown in the renders.

http://img.photobucket.com/albums/v643/vannmann/533770.jpg

http://img.photobucket.com/albums/v643/vannmann/477114-1.jpg

Kwik-E-Mart
Apr 8, 2008, 10:38 PM
http://img.photobucket.com/albums/v62/spongeg/newweest.jpg

I wonder if it will generate enough pedestrian activity for the section of retail units facing the railyard.

But I agree that it will be an experience for SkyTrain's riders and shoppers below to see a train to go through a mall!

SpongeG
Apr 8, 2008, 11:31 PM
http://img.photobucket.com/albums/v62/spongeg/newweest.jpg

I wonder if it will generate enough pedestrian activity for the section of retail units facing the railyard.

But I agree that it will be an experience for SkyTrain's riders and shoppers below to see a train to go through a mall!

i wonder too - now that the casino is gone the quay must be hurting again

it was doing pretty lousy last few times i was there and now there is more retail in the area

other than army & navy columbia is pretty dead

vanman
Apr 9, 2008, 3:07 AM
I've seen a decent amount of pedestrian traffic along Columbia from time to time.

SpongeG
Apr 9, 2008, 3:23 AM
our office was on columbia for a long time and there really wasn't much to draw people out for lunch or shopping other than the army and navy

even front street with its dozen or so antique shops is down to less than 5 now?

its too bad - columbia could become a second robson street if it weren't done right - its central - has two skytrain stations loads of store fronts etc

Volksboi
Apr 9, 2008, 4:58 AM
I live in New West and am on Columbia daily and I have to say there is TONS of foot traffic as there are three schools located steps of columbia and a bunch of new high end furniture stores going in as well as a few new clothing stores. The Quay on the other hand is falling apart and needs to be torn down and rebuilt if it ever wants to succeed and I have heard that is on the drawing board already...

SpongeG
Apr 9, 2008, 5:45 AM
well the foot traffic might be there but there isn't anything of interest there

there was a cool cafe and some cool stores but they all closed down when we were there

loads of bridal shops and a stripper bar

nothing that really makes me want to go there like i would want to spend an afternoon west 4th or south granville

vanman
Apr 9, 2008, 3:25 PM
I live in New West and am on Columbia daily and I have to say there is TONS of foot traffic as there are three schools located steps of columbia and a bunch of new high end furniture stores going in as well as a few new clothing stores.

Yeah I was surprised by that the last time I was there. Columbia definitely gave off the vibe that it is on the up and up now that nearly all it's former seediness has been removed.

Volksboi
Apr 9, 2008, 4:59 PM
well the foot traffic might be there but there isn't anything of interest there

there was a cool cafe and some cool stores but they all closed down when we were there

loads of bridal shops and a stripper bar

nothing that really makes me want to go there like i would want to spend an afternoon west 4th or south granville

Must have been a little while since you where there last. They hve closed Mugs and Jugs, chicagos and the parimount is closing very soon so there will not be any strip clubs at all. They have put in a few really cool new little coffee shops, they have also just opened a trendy Yoga studio across from the columbia street sky train station. They are in the talks of reopening the Burr Theatre aswell and have it more accessible to the public with more preformances and shows. So i dont agree that there isnt anything to draw people there. I do agree it does not have the appeal of grandville street as of now, but once the city has there way with the street you will see see the appeal to be there and I think you will get a "Gastown" feel to the street. I beleive this will be easy because of all the towers they are building on or right next to the street and all the current foot traffic they are getting.

Cheers :)

Kwik-E-Mart
Apr 9, 2008, 5:45 PM
Are there any plans to put commercial towers in Downtown New West?

SpongeG
Apr 9, 2008, 9:27 PM
Must have been a little while since you where there last. They hve closed Mugs and Jugs, chicagos and the parimount is closing very soon so there will not be any strip clubs at all. They have put in a few really cool new little coffee shops, they have also just opened a trendy Yoga studio across from the columbia street sky train station. They are in the talks of reopening the Burr Theatre aswell and have it more accessible to the public with more preformances and shows. So i dont agree that there isnt anything to draw people there. I do agree it does not have the appeal of grandville street as of now, but once the city has there way with the street you will see see the appeal to be there and I think you will get a "Gastown" feel to the street. I beleive this will be easy because of all the towers they are building on or right next to the street and all the current foot traffic they are getting.

Cheers :)


we moved out in 2006 i think and having driven past there seems to be some changes but its got a long way to go

that new parking system is stupid and hopefully thats gone now - as a result we avoid columbia street and use royal or front street to bypass the area

it might appeal to locals but its not a regional draw yet - it was when all the antique shops were there along front it was nice - but last time i drove past there didn't seem to be many and when we worked there we would walk around front quite often but over the years we were there they closed down and nothing seemed to replace them

the met putting in that stupid off sales store totally ruined the street interaction

i would love to see the area become something great

i have always loved columbia street and think it would make a great high street - i would have loved to have put pottery barn or Liberty in the old CIBC bank but instead some union moved in

Volksboi
Apr 10, 2008, 8:39 PM
I agree on everything but the new parking on columbia. I think its a great thing that they did and it appears it is working if you are now using Royal ave. The car traffic on Columbia St was to high and wanted to make it more pedestrian friendly so they changes the parking and reduced it to one lane in each direction and it has now increased the walking traffic on the street and reduced the car traffic..I think its great.. But like I said they do need some good anchor shops down on the strip and we will all enjoy it that much more..

officedweller
Apr 16, 2008, 8:23 PM
Note how the leftmost tower appears to be of a different design - prow-like...

Project has been under scrutiny

The Record
Published: Wednesday, April 16, 2008

http://a123.g.akamai.net/f/123/12465/1d/media.canada.com/282673bf-1acf-417f-ac0c-192ad0df93e0/project.jpg
Plaza 88: A model of the Plaza 88 development.
Photograph by : Larry Wright/THE RECORD

It's hard to recall a development in New Westminster that has received as much public scrutiny as Plaza 88.

Degelder Construction Ltd. is currently building the development in an area bounded by Eighth and 10th streets and Columbia and Carnarvon streets. Every few months, council receives a report about a different aspect of the project, such as variances, parking needs or air space parcels.

"A lot of this stuff is business as usual," said Lisa Spitale, director of development services. "It is just a large, complex project. You don't see projects this large very often."

Degelder has been to council on numerous occasions for various requirements. Spitale noted that one requirement will trigger another thing, so it may appear that new things are being requested. Spitale said the Plaza 88 development is comparable to building three or four large projects.

"Even one of these towers is a large project," she said. "Now you multiply it."

While the development may trigger various municipal approvals as it moves through the process, those needs have also triggered community concerns. The city has received several Freedom of Information requests related to the development.

Along with Voice New Westminster, Moody Park resident Christopher Bell has been one of the most vocal critics of the development. He's raised concerns about the financial viability of the project, the city's decision to sell Blackie Street to the developer as part of the site assembly for Plaza 88 and the city's consideration (and rejection) of lending Degelder Construction up to $10 million to assemble lands around the New Westminster SkyTrain station.

Mike Degelder said he doesn't understand why the development has caused community concerns.

Some critics have suggested that Degelder gets whatever he wants for the development.

"I'd like to know what that is," Degelder said. "We don't get any favours. We are not asking for any favours. I don't think we receive any special treatment."

tmcmanus@royalcityrecord.com

++++++++++++++++++++++

Changing the face of downtown
A special report on the Plaza 88 project

Theresa McManus, The Record
Published: Wednesday, April 16, 2008

http://a123.g.akamai.net/f/123/12465/1d/media.canada.com/282673bf-1acf-417f-ac0c-192ad0df93e0/changing-the-face.jpg
Changing the face of downtown: Mike Degelder, president of Degelder Construction Ltd., in the Plaza 88 presentation centre.
Photograph by : Larry Wright/THE RECORD

As construction continues on the Plaza 88 development, Mike Degelder's dream is closer to becoming a reality.

Degelder is president of Degelder Construction Ltd., which is currently building the Plaza 88 development in downtown New Westminster. The mixed-use project will include residential towers and commercial space, all built around the existing New Westminster SkyTrain station and the McInnis Street overpass.

"We are excited about it. We'd like to share it," Degelder said. "With the project, there are all these coincidentals that made it work. It's a large site, a five-acre site tied into SkyTrain. We didn't realize how unique this has really become."

Pointing to a large model of the development, Degelder shows that the street elevation at Eighth and Carnarvon streets is the same as the existing SkyTrain platform, as well as a portion of the McInnis Street overpass.

On the residential side, Degelder is aiming for occupancy of the first tower this summer, the second the spring of 2008 and the third at the end of 2009. A fourth tower is proposed at the site, but no plans have been presented at this time.

Degelder said the first two towers, Azure and Azure 2, are pretty well sold out and the third, Marinus, is around 55 per cent sold.

"We had to design the overall development and then design each component so it could stand on its own," he said.

Degelder said the project has always received support from city council and TransLink.

"B.C. Transit is so excited about this development," he said. "This is something they want to promote - integrated retail and commercial. This is quite unique because it is all above ground."

In addition to retail running alongside the new street that runs through the site, below the SkyTrain guideway, retail is also offered on an upper level.

"The train platform ties into the upper level of the retail. If I'm on the platform, I can basically walk to the retail," Degelder said. "There is two levels of retail."

In total, Plaza 88 will include 180,000 square feet of retail.

"We are service-oriented. We are talking to fitness clubs. We are exploring the tenancy potential," he said.

"The interest has been great. We just want to get on with it."

Degelder met with residents and business association representatives, The Record and city council members on April 7 to discuss the project.

According to Degelder, the retail space to be provided in the site could generate up to $5 million in taxes annually for the city.

He said the beauty of the site is that shoppers and pedestrians would be able to access the retail area from Eighth and Carnarvon or from the McInnis Street overpass and be at the same elevation as the retail.

"The benefit is we have created an elevated retail street because of the coincidences of the way the site is put together," Degelder said.

Some of the site's retail space will be alongside a new pedestrian street that runs from Eighth Street to the McInnis overpass, underneath and parallel to the SkyTrain guideway.

Safeway is proposing a 40,000-square-foot space at Plaza 88, and Shoppers Drug Mart is proposing a 17,000-square-foot space. Shoppers will be located in the space currently occupied by the Mc and Mc building (the former Salvation Army).

Stephen Scheving, senior planning consultant for the city, said the Mc and Mc building will require a heritage revitalization agreement for the retention of its Columbia Street façade.

Degelder is anxious to obtain the necessary development permits for the retail portion of the development so the company can get leases in place.

According to Degelder, about one-third of the project's retail space has already been built.

Scheving said the retail project requires a special development permit and a development variance permit but added there are still issues that require resolution before staff brings it forward.

Degelder said Safeway and Shoppers would likely open at Plaza 88 in about two years.

© The Record (New Westminster) 2008

SpongeG
Apr 16, 2008, 9:11 PM
Is this a typo...

On the residential side, Degelder is aiming for occupancy of the first tower this summer, the second the spring of 2008 and the third at the end of 2009. A fourth tower is proposed at the site, but no plans have been presented at this time.


don't they mean spring 2009...

mr.x
Apr 17, 2008, 2:37 AM
impressive!

vanman
Apr 17, 2008, 7:21 AM
Good news about the future fourth tower. From the model it appears as though it will completely change the look of Plaza 88 by rounding off the west face of the site. It almost looks like the bow of an ocean liner with ridiculously massive smoke stacks. I like the different positioning of the tower as well.

flight_from_kamakura
May 12, 2008, 6:08 PM
any updates? what's this i hear about 801 columbia being incorporated into this project?

by the way, if anyone's interested, the new westminster quay's new owners are seeking public input into how best to redevelop the quay:

http://www.quayideas.com/

i'm really pleased how this entire area is shaping up. if this all comes off as it's planned, this 8th and columbia could well be one of the most interesting hubs in the region, another, more elegant metrotown.

SFUVancouver
May 13, 2008, 10:26 PM
The new raised street through the site below the SkyTrain tracks makes so much sense. I couldn't picture the retail environment of this project. A mall, up in the air, with SkyTrain running through it didn't exactly make me want to run out and shop. At the same time, judging by the model in the first photo, the enclosure of the overpass, would make it a pretty dodgey street for pedestrians and it is quite a steep grade. I hope this comes together and that the City is able to ensure the new street is viable for multiple stakeholders.

Lastly, the fourth tower and podium does, indeed, completely change the project for the better. I am still not a fan of so much above-ground parking but this sort of density and mixed uses located at a SkyTrain stop is fantastic.

I chuckled when I read 'BC Transit'. We've unfortunately reverted back to that term being more or less correct for Metro Vancouver.

vanman
May 14, 2008, 7:06 AM
^The mechanical penthouse or "box" at the top of the Azure I is now lit up at night. It looks good but during the day it is very ugly. Also a large, permanent steel canopy has now been installed over top of the skytrain guideway along the
podium. It looks good so far. I'll take pics when I get the chance.

UnknownAce
May 30, 2008, 11:03 PM
Some pics I took on Wednesday.

http://i103.photobucket.com/albums/m122/UnknownAce/IMAGE_047.jpg
http://i103.photobucket.com/albums/m122/UnknownAce/IMAGE_048.jpg
http://i103.photobucket.com/albums/m122/UnknownAce/IMAGE_052.jpg
http://i103.photobucket.com/albums/m122/UnknownAce/IMAGE_055.jpg
http://i103.photobucket.com/albums/m122/UnknownAce/IMAGE_057.jpg

officedweller
May 31, 2008, 12:31 AM
Nice. Thanks.

Is that the permanent awning over the Skytrain tracks?
Seems to me they'd also need a fence in the garage window openings barring people from hopping from the garage onto the awning.

deasine
May 31, 2008, 12:35 AM
Looks so different compared to the last time I saw it. I can't wait until they finish the entire development, first of its kind in Metro Vancouver: integrating SkyTrain with a development along with a new shopping centre =)

UnknownAce
May 31, 2008, 6:09 AM
Should be good. But sadly the commercial units won't be complete for a good 2 yrs.

Me and the family got a few units in the first tower. REALLY EXCITED waiting for it!!

salmafan
Jun 9, 2008, 2:18 AM
http://i235.photobucket.com/albums/ee187/salmafan/IMG_00012.jpg

Hi guys,

Picture I took today... Tower II is up to the 23rd floor (real 20th). We bought in on the 33rd floor, so we're psyched the project is right on target.

Cheers,
Ric

P.S. New West's City Council approved Degelder's final application for Tower III on May 28. They can continue to market it, and at present is 65% sold. The next big hurdle is the approval of the retail phase...

vanman
Jun 9, 2008, 2:21 PM
Nice shot, thanks.

sacrifice333
Jun 9, 2008, 3:27 PM
This could turn out really great or not.

They'll have to be very vigilant about crime prevention and personal security.

The views and eventual shopping should be fantastic though.

flight_from_kamakura
Jul 10, 2008, 11:21 PM
i hope to god that the retail phase is built. honestly, when i think of this project, i immediately think "let's hope that the retail component is built". the retail will add **a lot** to the area in net terms (people, commerce, taxes, infrastructure, etc), and bring a very significant attendant increase in security to people and property.

salmafan
Jul 27, 2008, 2:34 AM
http://i235.photobucket.com/albums/ee187/salmafan/IMG_00362.jpg

Just took this pic today...they`re up to Floor 29 of Tower II.

Cheers!
Ric

vanman
Jul 27, 2008, 5:19 PM
I'm surprised the exterior of Azure I isn't completed yet. It seems like it is taking forever.

salmafan
Aug 6, 2008, 7:27 PM
The developer has set up a live webcam to catch all the construction action, it's pretty cool!

http://www.earthcam.net/users2/interface.php?i=0&id=1952&projectid=1252&clientid=913&tab=default

Happy Browsing! :)

officedweller
Aug 7, 2008, 5:20 PM
Nice. Thanks.

officedweller
Sep 19, 2008, 7:48 PM
Rendering (looks like the awning over the tracks won't be glass & wood):

http://shopping.vancouver.canada.com/SS/Page.aspx?secid=52965&pagenum=30&sstarg=&facing=false&

vanman
Oct 11, 2008, 3:43 PM
Some pics I took this morning:

http://img.photobucket.com/albums/v643/vannmann/IMG_0029.jpg

http://img.photobucket.com/albums/v643/vannmann/IMG_0028.jpg

http://img.photobucket.com/albums/v643/vannmann/IMG_0026.jpg

http://img.photobucket.com/albums/v643/vannmann/IMG_0024.jpg

http://img.photobucket.com/albums/v643/vannmann/IMG_0021-1.jpg

http://img.photobucket.com/albums/v643/vannmann/IMG_0020.jpg

officedweller
Oct 13, 2008, 9:15 PM
Nice, Thanks.

Also Global Air Photos has some fairly new pics up dated Sept 28th (crane for the InterUrban on the far rght):

http://www.globalairphotos.com/images/bc/new_westminster/2008/nwh2008_084.jpg

Podium looks huge from the back.

http://www.globalairphotos.com/images/bc/new_westminster/2008/nwh2008_082.jpg

flight_from_kamakura
Oct 14, 2008, 4:28 PM
wow, thanks for the pics guys.

the aerial views really do show how surprisingly massive these ones really are.

vanman
Oct 16, 2008, 8:55 PM
From the air you can easily see how massive these buildings and podium are compared to your average NW condo. At least the parking podium will be hidden on all but the north side when all future phases are completed.

http://a123.g.akamai.net/f/123/12465/1d/media.canada.com/282673bf-1acf-417f-ac0c-192ad0df93e0/project.jpg

Jared
Oct 17, 2008, 1:20 AM
Any idea when the future phases will be built? Because right now the parkade is ugly as hell. Talk about a piss-poor street presence...

cornholio
Oct 19, 2008, 9:04 PM
Any idea when the future phases will be built? Because right now the parkade is ugly as hell. Talk about a piss-poor street presence...

Not any time soon, this project along with a majority of every other condo project outside of downtown Vancouver(and a good chunck in downtown Vancouver) willl be put on hold or scraped if they havent sold the units yet, it could be a few years before things turn again. I feel sorry for all those forumers on here who kept bragging about buying condos in Azure and the various downtown Surrey condos as recently as this sporing/summer, wont see a return on their investment for atleast a decade if ever. Personally im enjoying the market taking a nose dive since it doesnt suprise me in least bit, now we just have to wait and see how bad the crash will be.

SpongeG
Oct 19, 2008, 10:25 PM
Any idea when the future phases will be built? Because right now the parkade is ugly as hell. Talk about a piss-poor street presence...

i am sure the crackheads are upset

lol

seriously its a horrible area - have driven through many times - its littered with little pods of crackheads smoking crak openly

its pretty bad

the existing condo owners have to put up with a lot of - a parkade is the least of their worries

vanman
Nov 14, 2008, 11:28 AM
The view from Surrey:

http://img.photobucket.com/albums/v643/vannmann/IMG_0146.jpg

jhausner
Nov 14, 2008, 6:37 PM
I'd guess you'll see more on the next phase within the next few years. Unfortunately those saying the market will explode and it will take decades "if ever" to see a return on investment, are new to planet Earth and the real estate market. Even after the Great Depression, prices returned to normalcy within 5-7 years, and people seem to forget BC isn't crashing, the US is crashing.

Our housing problems are not a result of issues in BC right now, they are a result of people being scared needlessly aka "Consumer Confidence." Condo projects being put on hold also have little to do with that and more to do with borrowing from foreign banks. We've already in just 2 weeks seen a few of the major "on hold" projects start back up after securing new financing.

This "housing scare" reminds me of all the BS people went on about in 1999 with regards to the year 2000 and how civilization as we know it would end and it would take decades "if ever" to recover. *shrug*

Metro-One
Nov 14, 2008, 6:39 PM
The third tower is already under construction right? For it is the tallest, i love this development, it is adding some welcomed hight to the New Westminster skyline. It always amazes me that for a metro area of only 2.5 million just how many skylines we have!

vanman
Nov 14, 2008, 7:43 PM
Yeah construction of the third tower is well underway. They must be passed the parkade levels by now.

cc85
Nov 14, 2008, 8:06 PM
I'd guess you'll see more on the next phase within the next few years. Unfortunately those saying the market will explode and it will take decades "if ever" to see a return on investment, are new to planet Earth and the real estate market. Even after the Great Depression, prices returned to normalcy within 5-7 years, and people seem to forget BC isn't crashing, the US is crashing.

Our housing problems are not a result of issues in BC right now, they are a result of people being scared needlessly aka "Consumer Confidence." Condo projects being put on hold also have little to do with that and more to do with borrowing from foreign banks. We've already in just 2 weeks seen a few of the major "on hold" projects start back up after securing new financing.

This "housing scare" reminds me of all the BS people went on about in 1999 with regards to the year 2000 and how civilization as we know it would end and it would take decades "if ever" to recover. *shrug*


the housing bubble here would have popped regardless of the us-inspired financial meltdown, it only further exemplified the situation rather than being the sole cause.

even before all the banks started to collapse in september, projects back in apr/may were not coming in for development because the prices at which people were asking were too high for everyone else to purchase. The speculators from all socio-economic backgrounds had already got in with the last sale of quattro. After that, there were no other buyers left who had excess capital free to invest. The market was fully tapped. You cannot seriously expect everyone to become an investor and make money by selling to this invisible group of people who haven't already bought something and who have the capital available (or financing).

the two most high profile projects in the lower mainland, infinity and sky towers are both done for the current market. they will be not be completed due to the new disclosure statements coming out with buyers subsequently recinded their agreement forcing both projects to be cancelled.

You're speak of this housing crash being a outside source is pure scare tactics intended to take the blame off of the housing industry which deserves all of the blame. :tup:

officedweller
Jan 6, 2009, 11:32 PM
Webcam shot of Plaza 88 from today:

http://img148.imageshack.us/img148/1150/megapixelcamallweather2hl8.jpg (http://imageshack.us)
http://img148.imageshack.us/img148/megapixelcamallweather2hl8.jpg/1/w800.png (http://g.imageshack.us/img148/megapixelcamallweather2hl8.jpg/1/)

Metro-One
Jan 6, 2009, 11:37 PM
Good to see this one still progressing (and it looks we will get all 3 towers!). This is going to completely change the New West skyline. I really hope the retail/commercial aspect is built. It sucks how every project and even every component of a project is now a nail bitter.

worldwide
Jan 7, 2009, 2:19 AM
I'd guess you'll see more on the next phase within the next few years. Unfortunately those saying the market will explode and it will take decades "if ever" to see a return on investment, are new to planet Earth and the real estate market. Even after the Great Depression, prices returned to normalcy within 5-7 years, and people seem to forget BC isn't crashing, the US is crashing.

Our housing problems are not a result of issues in BC right now, they are a result of people being scared needlessly aka "Consumer Confidence." Condo projects being put on hold also have little to do with that and more to do with borrowing from foreign banks. We've already in just 2 weeks seen a few of the major "on hold" projects start back up after securing new financing.

This "housing scare" reminds me of all the BS people went on about in 1999 with regards to the year 2000 and how civilization as we know it would end and it would take decades "if ever" to recover. *shrug*

i would tend to agree except that the problems that we face right now are much larger than any of the previous recessions (at least in 30 or so years)

geoff's two cents
Jan 7, 2009, 6:56 AM
As I'm currently out of a job (like others I know), 'tis no mere matter of confidence - I'd be buying/investing if I had the resources to do so.

officedweller
Feb 18, 2009, 1:14 AM
Posted by The Dude at SSC (dated Feb 13, 2009):

The floorplate / curtain wall is a bit different on that latest tower - the curtain wall rises two floors before there's a ledge, and from the close-up shots - it may not be as angular on the corners.

http://i204.photobucket.com/albums/bb295/van-arch/Update%2012th%20Feb/113.jpg

http://i204.photobucket.com/albums/bb295/van-arch/Update%2012th%20Feb/110.jpg

http://i204.photobucket.com/albums/bb295/van-arch/Update%2012th%20Feb/106.jpg

http://i204.photobucket.com/albums/bb295/van-arch/Update%2012th%20Feb/107.jpg

Spork
Feb 18, 2009, 1:26 AM
The podium on these buildings is going to link up with New Westminster station, correct?

Spork
Feb 18, 2009, 1:32 AM
Also, in the renders on the first page, why are there four buildings in one of the shots, is this an optional addon phase, or is this from an old proposal?

vanman
Feb 18, 2009, 2:10 AM
It's an additional phase that will be west of the overpass.

sacrifice333
Feb 18, 2009, 2:43 AM
I sure hope they don't stall out on the commercial/retail spaces and what appears to be updates to the skytrain station / integration of skytrain into the project. Without those, this project is just several fairly uninspired condos.

Spork
Feb 26, 2009, 5:55 PM
Does anybody know when the second tower is supposed to be finished? I don't see a crane or elevator, and the windows are all in. April/May-ish, maybe?

officedweller
Mar 11, 2009, 7:45 PM
Another webcam shot from today:

http://img15.imageshack.us/img15/7518/megapixelcamallweather2.jpg (http://img15.imageshack.us/my.php?image=megapixelcamallweather2.jpg)

http://www.earthcam.net/users2/interface.php?i=0&id=1952&projectid=1252&clientid=913&tab=default

UnknownAce
Mar 16, 2009, 11:27 PM
http://i103.photobucket.com/albums/m122/UnknownAce/Condo/P1040868.jpg

SE View off my balcony on the 21st floor. :D

Mike K.
Mar 16, 2009, 11:29 PM
Nice!

Spork
Mar 16, 2009, 11:53 PM
UnknownAce: How is the building inside? Are the people semi-decent?

UnknownAce
Mar 17, 2009, 12:33 AM
Building is great. People are good but i think it is maybe only like 40% moved in. There's lots of people who bought for investment/rentals so it's not that many people in yet.

officedweller
Mar 17, 2009, 1:07 AM
Nice indeed.

vanman
Mar 23, 2009, 7:32 AM
Took this today.

http://img.photobucket.com/albums/v643/vannmann/olympicoval023-1.jpg

hollywoodnorth
Mar 23, 2009, 9:55 AM
cool stuff :)

officedweller
Mar 23, 2009, 5:55 PM
Thanks. Looks great.

Metro-One
Mar 23, 2009, 8:04 PM
At least New Westminster was able to get its master project off the ground before all the on holds/cancelations began.

jlousa
Mar 24, 2009, 2:26 AM
New Wests master project actually died before it could even start, if I'm not mistaken the city bought the property. This project while terrific is small potatoes compared to the other one.

vansky
Mar 24, 2009, 2:35 AM
does this whole metro have any master projects? everything I see is 120ish, and everywhere else in the world I look at is 200ish...if not 500ish

Metro-One
Mar 24, 2009, 2:53 AM
I should have worded it better, i mean the biggest tower project proposed and designed and pre-sold actually got built, unlike in Surrey and now Vancouver as well.

Spork
Apr 5, 2009, 11:09 PM
Come onnn building #2. I checked out a unit in the first building yesterday and it was quite nice but I don't know if the landlord will want my student-self.

If anybody knows any 2BR units facing west/south for $1400 or less, let me know. :)

Spork
Apr 6, 2009, 8:37 PM
Looks like it will be done by June 1st, as I just found an ad on Craigslist for a unit in the second tower.

metroXpress
Apr 7, 2009, 4:35 AM
^ Great news and thanks for the pics everyone..

Spork
Apr 16, 2009, 7:45 PM
Just took a look at the webcam and they appear to be taking the blue protective film off of all of the windows. Perhaps it will be ready for occupancy a bit sooner?

Spork
Apr 16, 2009, 7:47 PM
Also, it looks like there are about 11 floors to go for Marinus (tower 3 - 37 stories).

osirisboy
Apr 16, 2009, 9:09 PM
It has 11 more floors to go??? That would make it substantially taller than the oher two towers, I thought they were all similar in height.

DKaz
Apr 16, 2009, 9:31 PM
It has 11 more floors to go??? That would make it substantially taller than the oher two towers, I thought they were all similar in height.

Substantially higher? 12 and 6 meters respectively at most. The title of this thread does say 33, 35, & 37 Floors.

Spork
Apr 17, 2009, 12:57 AM
I'd also like to mention that they seem to be doing one floor a week, so this should be topped out for the first or second week of July.

osirisboy
Apr 17, 2009, 1:01 AM
Substantially higher? 12 and 6 meters respectively at most. The title of this thread does say 33, 35, & 37 Floors.

hahah oh your right I didnt even realize that in the title of the thread.

red-paladin
Apr 17, 2009, 1:51 AM
No one has mentioned yet that on the south side of the tracks, a great number of piles have been driven into the ground. I didn't know that the retail building (along columbia) was set to begin construction, but there seems to be a whole lot of prep work being done there.

Spork
Apr 17, 2009, 5:01 AM
No one has mentioned yet that on the south side of the tracks, a great number of piles have been driven into the ground. I didn't know that the retail building (along columbia) was set to begin construction, but there seems to be a whole lot of prep work being done there.

Was mentioned in the suburban updates thread. I will be sure to take lots of photos of the progress once I move in. :)

Spork
Apr 30, 2009, 2:06 AM
They seem to be moving more quickly now. Currently on floor 29 (out of 37) of tower 3. They seem to be doing one floor about every six days now.

Will update on retail portion in a few days.

Webcam here: http://www.earthcam.net/users2/interface.php?i=0&id=1952&projectid=1252&clientid=913&tab=default

vanman
May 2, 2009, 2:38 PM
Some random pics I took over the last week or so.

http://img.photobucket.com/albums/v643/vannmann/nw010.jpg

http://img.photobucket.com/albums/v643/vannmann/nw006.jpg

As seen from the Fraser Surrey Docks:

http://img.photobucket.com/albums/v643/vannmann/nw016.jpg

Spork
May 13, 2009, 8:12 PM
It seems like the completion of Azure 2 has been pushed forward to July 15, as this is when rental ads on Craigslist are stating available occupancy.

Spork
May 23, 2009, 3:04 AM
Floor 34 on Marinus. Azure 2 is looking good. They have just cleared the sidewalk and are now working on the townhouses (which look like garbage) between Azure 1 and Azure 2. The pilings on the retail podium are still being driven daily.