[Richmond] Oval Village: River Green & Ora | U/C

[SpongeG]

the cube like thing? i think its going to be a restaurant

[Zassk]

It's the sales office for River Green for the next n years, and yes it will later become a restaurant.

[Coldrsx]

woo... "highend" in richmond along a "river" beside an airport and adjacent to medium industrial and manufacturing.

where do i sign up

[Zassk]

Well, a lot of people own/buy million-dollar houses just down the road from there, so evidently the location does appeal.

As bodies of water go, the middle arm is pretty similar to False Creek, and has nearly the same potential.

[bils]

Originally Posted by Coldrsx

woo... "highend" in richmond along a "river" beside an airport and adjacent to medium industrial and manufacturing.

where do i sign up

it's not a river?

the industrial and manufacturing buildings in the vicinity will not be around for a long. just do a quick drive through the area and you'll see the number of rezoning applications in front of buildings surrounding river green.

[bils]

an email was sent out today to people who have registered on their website.

community map

prices & options

[Spork]

Originally Posted by bils

an email was sent out today to people who have registered on their website.

community map

prices & options

My brain just imploded. Is that high for Richmond?

[wrenegade]

That pricing seems out of this world. Wow. Best of luck to Aspac trying to sell it. If I wanted to pay SEFC prices, I'd actually want to live there, not across from an Airport.

[Spork]

I guess to be fair, they are decently large. I think? $620/sq ft. Isn't that normal?

[dleung]

More like $700 to over $1000 per square foot here. That's average downtown prices. Richmond is typically $500 to $750 per square foot, so this is significantly more expensive. It looks like most of the units are over $1M. They're huge though... guess they actually meant it when they said upscale.

[Zassk]

That is the most expensive part of Richmond, but these prices will, um, set new standards (or not). There are a lot of houses in that area at $1-2 million. Condos, not so much....

Still, on a day like today, it was obvious that they will have incredible views. There is literally nothing on Sea Island blocking the view of the North Shore mountains, and the estuary is pretty great to look at on a sunny day.

[wrenegade]

I will give them that, the views are fantastic, walking over the No. 2 road bridge (which is a good-looking bridge in it's own right) you have a fantastic view of the mountains. Still though, you're across from the airport.

[BCPhil]

Originally Posted by awvan

I will give them that, the views are fantastic, walking over the No. 2 road bridge (which is a good-looking bridge in it's own right) you have a fantastic view of the mountains. Still though, you're across from the airport.

Not just across from the airport but basically right between 2 of the possible flight paths right at the foot of the runways where it would be loudest.

[tybuilding]

Originally Posted by Spork

My brain just imploded. Is that high for Richmond?

Prices are 2 to 3 times the amount for a similar size to my 3 year old 2000 ft2 townhome in Newton. Still 2 times for a brand new townhome in Delta at the development along Nordel Way.

[Zassk]

^ Richmond is a lot more expensive than those places you guys mentioned above. Most of these River Green units are larger than what's on the market. Looking at the smaller units at River Green, the price is about 20% more expensive than similar condo towers in the area. A little Googling gave me these:

Flo - 900 sq. ft for $479k
Paloma - 800 sq. ft for $365k
Argentum - 1000 sq. ft for $419k
Centro - 880 sq. ft for $395k
Prado - 860-980 sq. ft for $520k
Versante - 900 sq. ft for $450k

Here's a map of these and similar places in the area.

River Green - 900 sq. ft for $500k-600k

Note that all of the others are within walking distance of Canada Line, and those closest appear to have inflated accordingly, while River Green (this phase at least) is more than 1 km away.

[bils]

not quite river green, but just across the street:

from the richmond review: link

Onni planning trio of towers near Olympic oval



Onni has put in motion a plan to build three high-rise towers next to the Richmond Olympic Oval, weeks after another developer unveiled plans for nearly 20 towers in the same area.

By Matthew Hoekstra - Richmond Review
Published: May 20, 2010 4:00 PM
Updated: May 20, 2010 4:28 PM

Onni has put in motion a plan to build three high-rise towers next to the Richmond Olympic Oval, weeks after another developer unveiled plans for nearly 20 towers in the same area.

Onni wants to turn a largely-vacant industrial business park site along River Road, at 6951 Elmbridge Way and across from the oval, into 325 residential and live/work units.

The plan, presented to city council's planning committee this week, also calls for 115,462 square feet of ground-floor retail and commercial space—nearly one-third the total project size.

It's another sign of rapid change in City Centre, where light industry is moving out after an area plan change inflated land prices and pushed property taxes sky-high.

Last month, Aspac Developments unveiled its River Green neighbourhood, which will bring massive change to the Middle Arm riverfront.

According to a staff report, Onni's towers will boast amenities that include lap pool and squash courts. The developer also plans to restore a section of the Hollybridge Canal.

Of the 325 units, 238 will be market residential, 18 will be affordable rental housing and 69 will be live/work dwellings.

Onni also built Flo, a three-tower development steps away on Elmbridge Way.

The project must first pass the test of a public hearing before council approval.

The city's plan for the oval neighbourhood envisions a pedestrian-oriented streetscape with ground-floor retail and restaurants with narrow shop fronts and direct access to the public sidewalk.

[MolsonExport]

So much going on in Richmond. The place was very sparse when I first moved there in 1995.

[Zassk]

Man... glad to see these high-density developments, but this area sure needs a streetcar or LRT connection to Canada Line... I wonder when the city council will get it in their heads to contemplate a $50-100 million line along Lansdowne Road or something like that. There is a whole cluster of high rises at the other end of Lansdowne Road (at Garden City) that are also just outside of the Canada Line catchment area. One 2-3 km line could connect both areas to the core.

[Hitmonlee]

Originally Posted by Zassk

Man... glad to see these high-density developments, but this area sure needs a streetcar or LRT connection to Canada Line... I wonder when the city council will get it in their heads to contemplate a $50-100 million line along Lansdowne Road or something like that. There is a whole cluster of high rises at the other end of Lansdowne Road (at Garden City) that are also just outside of the Canada Line catchment area. One 2-3 km line could connect both areas to the core.

How would an LRT line on Landsdowne help? Landsdowne Road ends at Minoru Road which is only 2 blocks from the Landsdowne Canada Line Station.

[Zassk]

Originally Posted by Hitmonlee

How would an LRT line on Landsdowne help? Landsdowne Road ends at Minoru Road which is only 2 blocks from the Landsdowne Canada Line Station.

Lansdowne Road will be extended to the oval within the next year or so. Two new blocks of Lansdowne were completed in time for the Olympics (at Gilbert), but there's a gap as you noted.

Ackroyd/Elmbridge are also going to be connected together in the same time frame. A street grid is slowly taking shape.