1569 W 6th Ave | 45M | 15fl | Completed
This tower will be going up at 6th and Fir next to the off ramp. It's another Westbank project designed by Henriquez and partners. FSR will come in at 3.74.
Construction is predicted for mid April/2011. Context Plan http://vancouver.ca/commsvcs/plannin...ts/context.pdf Elevation Drawings http://vancouver.ca/commsvcs/plannin...elevations.pdf Building Renders http://vancouver.ca/commsvcs/plannin...renderings.pdf Landscape Plan http://vancouver.ca/commsvcs/plannin.../landscape.pdf Project Information http://vancouver.ca/commsvcs/plannin.../infosheet.pdf Open Houses Boards http://vancouver.ca/commsvcs/plannin...nts/boards.pdf |
Thanks for making the thread.
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They took the "protruding box" design to the next level. . . I like it. :tup:
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A little overdone these days, but still cahool
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glad this seems finally to be coming together. there were renders for a building on this site back in 2005 when i lived just up the block at the 6th ave community gardens.
really liking the height on the site, more in line with granville south, which is good. |
Hope that we see it come alive.
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Start date is looking like Sept/11.
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Viaduct Alert!
Shhhhhh!
Don't tell Meggs that's a viaduct right beside this project. He'll want to do a study to tear it down. |
:previous:hahahahaha! I was thinking the exact same thing. Not to mention all of the condos built beside the Burrard, Georgia and now Cambie bridge approaches / ramps on all of their north side approaches.
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Here's a link to the website and render of the building
http://6andfir.com/architecture/ http://6andfir.com/images/architecture/1.jpg |
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if you look at the numbers from the last election ... Meggs had the 2nd lowest vote total of the elected council members >> http://vancouver.ca/electionresults2008/ someone in his position should shut the f*ck up and learn and listen his 1st term in office and not try to create a name for himself like he has done. I always see him quoted in the news. yet he says the same things and repeats what hears elsewhere. Nothing logical or thought out or original comes out of the mans month. other than his anal viaduct bias. buuut back on topic. I really like this tower and think it will be great for the area ... this part of the City the Burrard Slopes has so much potential I tell ya. |
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so I take you think Meggs is a tunnel kinda guy? or? :notacrook: |
I love this project; I just wish the 1-bedroom units weren't so tiny and poorly laid out or I might consider buying one. :(
I guess investors will like the 513 sq ft units with views... :rolleyes: |
Pre-Sale Prices - On the high side
I went into the pre-sale office today and asked what the 2 bedrooms are starting at and they said $700,000 for the 5th floor. $700,000 and the price is firm with HST on top of that. I told the agent that I've noticed that the condo market has switched to a buyers market and showed her some listings in other buildings to see if she would drop the price a bit but no way, she didn't want to budge and told me that all presales in vancouver go for full price (which I think is a bunch of bull). Anyway anyone else heard the same thing or are developers really firm in the prices?
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Prices are almost always firm on pre-sales, especially on a product that just launched. If 4 months later they haven't moved (wouldn't count on that for this project) then you'd probably have more flexibility.
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:previous:
I'd have to agree. we bought our 2 br at 565 sqft pre sale. took 1 1/2 years to complete and the price is a bargain now. We could get low 600's right now. It would make sense that developers would take projected market price increases into account. Especially if an investor could turn around and sell it just before completion to make a nice return. Why wouldn't a developer factor this in as well. at least thats what I would do. This is Vancouver and unless something major happens.... prices are not going to drop anytime soon. |
Because if developers priced their units at some "future" level there wouldn't be as many buyers. Generally pre-sale condos are less than completed new product because there has to be a discount if a buyer is outlaying all that money without a condo to move into for 1-2 years. Developers need to pre-sell in order to qualify for construction financing from the bank.
Also, prices are never guaranteed to go up, so there's that too. |
Apparently 30 of 50 units have sold since sales started last Saturday.
As with most projects these days, sales are being buoyed by Chinese investors. |
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This is not uncommon for projects on the Westside; and in fact most developers who have larger scale upcoming projects Downtown/Westside/Burnaby are heavily targeting this segment. |
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