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  #4741  
Old Posted Mar 17, 2015, 1:06 AM
rsxstock rsxstock is offline
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asking price?
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  #4742  
Old Posted Mar 17, 2015, 8:07 AM
vancouver604 vancouver604 is offline
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Quote:
Originally Posted by rsxstock View Post
asking price?
I'm guessing 1.2 Million, once construction starts near the Olympic village Station then 998,000 drop!
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  #4743  
Old Posted Mar 17, 2015, 3:04 PM
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osirisboy osirisboy is offline
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Anyone buying that now who think those parking lots will just sit there forever and not be built on would be idiots. Whatever someone pays now will most likely be aware and Will take in to account that the view will be lost
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  #4744  
Old Posted Mar 18, 2015, 7:07 AM
vancouver604 vancouver604 is offline
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Originally Posted by osirisboy View Post
Anyone buying that now who think those parking lots will just sit there forever and not be built on would be idiots. Whatever someone pays now will most likely be aware and Will take in to account that the view will be lost
I totally agree, and to further mention they will not only lose their view, but they will also lose their money (lost view = lost $$)
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  #4745  
Old Posted Mar 18, 2015, 10:07 PM
djh djh is offline
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Quote:
Originally Posted by vancouver604 View Post
I totally agree, and to further mention they will not only lose their view, but they will also lose their money (lost view = lost $$)
Well, not likely.

South Creek Landing will probably appreciate a lot before those parking lots get redeveloped. So even if this property sells less than an equivalent spot a few blocks over, it will still (probably) sell for more than what it's worth today.

I would be OK with buying in that building and enjoying the location and the view for the next few years, then selling at a future date for MORE money than today. I don't have to get greedy and worry about what I *could have* got if the other property hadn't gone and ruined my view.
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  #4746  
Old Posted Mar 20, 2015, 5:49 AM
officedweller officedweller is offline
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The hotel at Fraser & SE Marine Drive is slated fro redevelopment:

Quote:
Early concepts for the site include:
◾Commercial, community uses and residential
◾Towers ranging from 15 to 26 storeys
◾A neighbourhood food store
◾Public benefits including: childcare, community facilities, affordable housing
◾Negotiated community amenity contribution (as opposed to fixed rate)
http://www.vancouvermarket.ca/2015/0...wn-motel-site/

Seems a bit tall for that area (not near SkyTrain)

Rendering of project from the north:


http://www.vancouvermarket.ca/2015/0...wn-motel-site/
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