[Burnaby] Modello | 37fl | Completed

[Klazu]

Welcome to the hood, neighbour. How's that view treating you? What's the level occupancy so far? I haven't seen that many lights on yet. Will be interesting to see what retail will move in.

[officedweller]

Art installation from Boffo twitter:


https://twitter.com/BoffoGroup


https://twitter.com/BoffoGroup

[red-paladin]

Cool

[Locked In]

Looks good in person. By Lead Pencil Studio out of Seattle - same artists that did this piece near Peace Arch:

https://www.google.ca/search?q=non+s...w=1427&bih=658

[Klazu]

I noticed this the other day too. Looks pretty nice and it is great to see Burnaby's "Art Walk" along Beresford getting more content. Looking forward to also seeing what retails Modello will see.

[Sheba]

Originally Posted by Klazu

Looking forward to also seeing what retails Modello will see.

Didn't they ask for outdoor patio seating for some kind of pub or restaurant - is that still on?

[Dwils01]

Modello



Pictures by me.

[Klazu]

[Klazu]

Modello looking good on a sunny day.

[Klazu]

Someone is trying to get $6,500 for a sub-penthouse. While it is being an unusual 4 bedrooms, that is still a ridiculous price for Metrotown area. You are not in Downtown, so you cannot ask Downtown prices!

https://vancouver.craigslist.ca/bnc/...667725299.html

[GilmoreStation]

Originally Posted by Klazu

Someone is trying to get $6,500 for a sub-penthouse. While it is being an unusual 4 bedrooms, that is still a ridiculous price for Metrotown area. You are not in Downtown, so you cannot ask Downtown prices!

https://vancouver.craigslist.ca/bnc/...667725299.html

Don't rent, buy.

[Klazu]

Lol. To quote another thread; said like a true realtor.

[Roller Coaster]

Originally Posted by Klazu

Someone is trying to get $6,500 for a sub-penthouse. While it is being an unusual 4 bedrooms, that is still a ridiculous price for Metrotown area. You are not in Downtown, so you cannot ask Downtown prices!

https://vancouver.craigslist.ca/bnc/...667725299.html

If the pricing keeps dropping, wonder which direction the rent would go? Anyone who has seen the cycles can provide some insights?

[Nites]

Originally Posted by Klazu

Someone is trying to get $6,500 for a sub-penthouse. While it is being an unusual 4 bedrooms, that is still a ridiculous price for Metrotown area. You are not in Downtown, so you cannot ask Downtown prices!

https://vancouver.craigslist.ca/bnc/...667725299.html

This makes the Delta Rise $3300 sub penthouse look like a good deal

[GilmoreStation]

Originally Posted by Roller Coaster

If the pricing keeps dropping, wonder which direction the rent would go? Anyone who has seen the cycles can provide some insights?

Rent will continue to go up because of increased population and lack of new supply.

[Firebrand]

Originally Posted by GilmoreStation

Rent will continue to go up because of increased population and lack of new supply.

Unless you want the housing market to crash. :/

[Sheba]

I got a friend to look while riding by on his bike - one of the retail spots facing Beresford has some kind of skincare place in it (I can't remember the name) and the other two now have leased signs in the windows.

[Klazu]

Most retail spaces along Beresford are leased, just never opening. It is mind-boggling unless they will all be Hears Pears.

[Vin]

Originally Posted by Klazu

Most retail spaces along Beresford are leased, just never opening. It is mind-boggling unless they will all be Hears Pears.

The retailers there must feel like they are guarding a pioneering outpost fort in the "wild west", where people don't really walk over to. Hopefully when the entire stretch at Beresford is completed, the tenants can finally have the courage to open up their businesses.

[Klazu]

Just a random shot from few days ago. Soon there will be more towers to the south.