Quote:
Originally Posted by BodomReaper
Before my s/o lived in Marpole, I also under-rated the area - but now I see the appeal for this project (in addition to the fantastic execution, as others have mentioned): You get extremely easy access to Richmond and the airport while having a prestigious west side Vancouver address. UBC is also close-by, and Granville is a very quick thoroughfare in off-peak hours (downsizers + well-off Asian immigrants won't care about a fast rush hour commute to downtown).
It's also important to remember how scarce new, higher-end condos are in the "deep" west side (ie. not Cambie and SEFC) - downsizers aren't spoilt for choice, so the less-desirable immediate surroundings are less of a factor. In any case, most of the shabby 1-2 storey retail on Granville should be redeveloped thanks to the Marpole Community Plan permitting a decent amount of density.
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There's actually a fair amount of lowrise condo construction going on in Kerrisdale, which is much more desirable than Marpole. Marpole traditionally had a low rent vibe, first because of the mill and then all the cheapo 3 story walkups.
The smart money looking for a deep West Side condo would buy in one of concrete midrises in Arbutus Village. They're surpisingly low in price and are huge. You could buy it, gut it and still pay less than a new woodframe condo 2/3 the size.