The Ultimate Vancouver Rumour Thread! - Page 53

spm2013 · #**1041** Posted **Nov 7, 2014, 8:58 PM**

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officedweller · #**1042** Posted **Nov 7, 2014, 10:25 PM**

Probably more of a question of placing the services where they are most convenient / needed.

spm2013 · #**1043** Posted **Nov 7, 2014, 10:47 PM**

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s211 · #**1044** Posted **Nov 7, 2014, 11:24 PM**

Rumour has it that Morguard will be going on spec with its sliver of an office building on Hastings.

spm2013 · #**1045** Posted **Nov 7, 2014, 11:35 PM**

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Prometheus · #**1046** Posted **Nov 7, 2014, 11:37 PM**

Quote:

Originally Posted by s211

Rumour has it that Morguard will be going on spec with its sliver of an office building on Hastings.

Nice rumour. But what about all the stories of slow absorption and rapidly rising vacancy being created by the new projects already underway?

osirisboy · #**1047** Posted **Nov 8, 2014, 12:49 AM**

Quote:

Originally Posted by officedweller

Probably more of a question of placing the services where they are most convenient / needed.

Build it and they will come. One could argue the reason it's "needed" there is because that's where the shelter is. Convience how? They don't live or work in yaletown so why do they need to be there plus it's too expensive

s211 · #**1048** Posted **Nov 8, 2014, 12:49 AM**

Quote:

Originally Posted by Prometheus

Nice rumour. But what about all the stories of slow absorption and rapidly rising vacancy being created by the new projects already underway?

I'm told their feeling is that they can continue riding the success of MNP with its skinny plate market niche.

Personally, the market's flooded and the lack of takers for the backfill created by the tenants moving to new product is disconcerting.

I also hear that SNC will be putting four of its new floors in 745 on the sublease market for full term.

Klazu · #**1049** Posted **Nov 8, 2014, 1:01 AM**

Quote:

Originally Posted by Vin

Anyone knows why that lot at the corner across Robson Street from Landmark hotel is always vacant? Something tall, nice and majestic could be built there.

I cannot find the old quote on this, but I remember it was said to be owned by some very old person living (perhaps he has already died) in Hong Kong with no intention of developing it. Something along those lines as far as I can remember.

I agree that this small site would be nice to see developed.

officedweller · #**1050** Posted **Nov 8, 2014, 3:20 AM**

Quote:

Originally Posted by osirisboy

Build it and they will come. One could argue the reason it's "needed" there is because that's where the shelter is. Convience how? They don't live or work in yaletown so why do they need to be there plus it's too expensive

The site is really only a few blocks from DTES along Cambie

Cambie & Pender (Victory Square) to Dunsmuir, to Georgia, to Robson
(versus the new Catholic Charities HQ at Heather & 33rd).

When they find a new location, it may well be closer to DTES.

spm2013 · #**1051** Posted **Nov 8, 2014, 4:56 AM**

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red-paladin · #**1052** Posted **Nov 8, 2014, 9:31 AM**

Quote:

Originally Posted by Vin

Anyone knows why that lot at the corner across Robson Street from Landmark hotel is always vacant? Something tall, nice and majestic could be built there.

The owner appears to agree with you, and doesn't want to build a short building as currently allowed. They appear to be waiting for a chance for this to change before doing anything.

osirisboy · #**1053** Posted **Nov 8, 2014, 10:53 AM**

Quote:

Originally Posted by spm2013

Go along Granville as well and you'll find a lot of homeless people that are closer to Yaletown than the DTES.

Oh I am well aware of them lol. My point was why are they there. They don't live or work there So why would it be inconvenient for them to go outside the area for a shelter

Moving it to the dtes would be horrible. That would just help to maintain the drug infested ghetto. If I was ever in a situation where I needed to use a shelter I would hate for it to be in the dtes

Vin · #**1054** Posted **Nov 8, 2014, 6:20 PM**

Quote:

Originally Posted by Klazu

I cannot find the old quote on this, but I remember it was said to be owned by some very old person living (perhaps he has already died) in Hong Kong with no intention of developing it. Something along those lines as far as I can remember.

I agree that this small site would be nice to see developed.

Quote:

Originally Posted by red-paladin

The owner appears to agree with you, and doesn't want to build a short building as currently allowed. They appear to be waiting for a chance for this to change before doing anything.

Ahhhhhh, I see........Thanks guys. That tree has been so lonely on that little piece of meadow for decades!

I think that old guy needs to make more 'social visits' to the mayor's office (or residence).

spm2013 · #**1055** Posted **Nov 8, 2014, 11:44 PM**

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hollywoodnorth · #**1056** Posted **Nov 8, 2014, 11:50 PM**

Quote:

Originally Posted by red-paladin

The owner appears to agree with you, and doesn't want to build a short building as currently allowed. They appear to be waiting for a chance for this to change before doing anything.

is that a fact? as I had not heard of any communication between the owner and city hall in forever. Its a foreign owner sitting on it ... end of story from what I heard.

odd its not been turned into a parking lot at the very least .... would probably be pretty full most of the time.

Vanelevatorman · #**1057** Posted **Nov 13, 2014, 12:56 AM**

I would love for Ritz to come (back) to Vancouver....Bring on twin 60 floor towers!!

vanciti · #**1058** Posted **Nov 18, 2014, 4:17 PM**

Quote:

Originally Posted by hollywoodnorth

is that a fact? as I had not heard of any communication between the owner and city hall in forever. Its a foreign owner sitting on it ... end of story from what I heard.

odd its not been turned into a parking lot at the very least .... would probably be pretty full most of the time.

The property is owned by 3 gentleman, 2 are back in HK and one is still here, however moving back to HK.

There have been half a dozen offers on the property, including 3 or 4 that were taken back to the owners. They have one valuation on the land and would sell it if they could achieve that valuation. The market could not bear that valuation however.

There is no communication between the owners and the city, they have no interest in developing the site on their own.

WarrenC12 · #**1059** Posted **Nov 18, 2014, 6:04 PM**

I saw some drilling/soil sampling at the Larwill Park site on the weekend. Is anything going on there?

red-paladin · #**1060** Posted **Nov 18, 2014, 7:20 PM**

Quote:

Originally Posted by vanciti

The property is owned by 3 gentleman, 2 are back in HK and one is still here, however moving back to HK.

There have been half a dozen offers on the property, including 3 or 4 that were taken back to the owners. They have one valuation on the land and would sell it if they could achieve that valuation. The market could not bear that valuation however.

There is no communication between the owners and the city, they have no interest in developing the site on their own.

Thanks for clarifying.