taal
Senior Member
There's a lot of controversy surrounding these; The majority 70%+ is still for sale even in this relatively hot market. The key issue was price, to recoup the cost they were pricing the units at outrageous prices (at least that's what I've been told). Now, prices have nearly been cut in half and there's interest.
Clearly this will be a huge loss to Vancouver (and the rest of Canada) from a financial point of view. There's rumors that all the low income housing have been scrapped just so they can recoup more of their costs - and the money from other sources were justified partly due to the inclusion of the low income housing ... so I think we'll hear a lot more rumblings in the coming years.
Now, for all the negative, how did the development turn out ? I can't say for sure but 'amazing' comes to mind from the following pictures curtsy of SSP ... what do you all think ? Are there any hopes our pan am village will be anything close to this. I think village in Toronto will actually be larger! But I doubt we'll see this quality:
http://forum.skyscraperpage.com/showthread.php?t=139393&page=7
Clearly this will be a huge loss to Vancouver (and the rest of Canada) from a financial point of view. There's rumors that all the low income housing have been scrapped just so they can recoup more of their costs - and the money from other sources were justified partly due to the inclusion of the low income housing ... so I think we'll hear a lot more rumblings in the coming years.
Now, for all the negative, how did the development turn out ? I can't say for sure but 'amazing' comes to mind from the following pictures curtsy of SSP ... what do you all think ? Are there any hopes our pan am village will be anything close to this. I think village in Toronto will actually be larger! But I doubt we'll see this quality:
http://forum.skyscraperpage.com/showthread.php?t=139393&page=7