New Coal Harbour Development - The Jewels in Vancouver's Crown

Coal Harbour, Vancouver, British Columbia has quickly become the most prestigious neighborhood in Downtown Vancouver and home to the finest Real Estate in Canada. 


Quite streets lined with state-of-the-art high rises border calm ocean waters filled with marinas and float planes. The bustling seawall and brilliantly designed waterfront parks connect the Vancouver Convention Center to Stanley Park. 

The Convention Center was recently awarded the ‘Leadership in Energy and Environmental Design Platinum’ for 2010. It boasts a six acre living roof, seawater heating and cooling, on-site water treatment and fish habitat built into the foundation of the West Building, all of which make it one of the “greenest” buildings in the world. The meetings and convention business is Canada’s economic giant – silently generating more than $4 billion per year in diversified economic impacts and over two-hundred thousand annual delegates. 
Check out the Vancouver Convention Centre’s video about their fantastic facilities here: (http://www.vancouverconventioncentre.com/video-gallery/). 


Stanley Park is the largest park in Vancouver, over 1000 acres, 10% larger than New Yorks Central Park, and attracting over 8 million guests per year!

Coal Harbour lays between these two Vancouver Icons and boasts some of the finest and most prestigious Real Estate in The World. In 2011, four new High Rises will change the skyline forever: West Pender Place, Jameson House, The Private Residences at Hotel Georgia, and Three Harbour Green. In the near future Vancouver's Twin Tower will be constructed adjacent to the Shangri-La; The Ritz Carlton at over 60 stories!


West Pender Place (http://westpenderplace.com/) 

An architectual masterpiece. Two Towers and a central ammenities building making up half a city block with transform the entrance to Coal Harbour on West Pender. Located just steps from fine dining such as Carderos and Lift, shopping on Robson, Stanley Park, and the Community Center. West Pender Place is proudly developed by Reliance Properties Ltd, designed by IB/HB architects and Alda Pereira Design Inc, and built by Intertech Construction.


The Private Residences at Hotel Georgia (http://www.residencesatgeorgia.com/)

Distinctively designed quality that denotes luxury and comfort at the edge of Coal Harbour and in the Heart of beautiful Vancouver. Another Luxury World Class Resort with exclusive and stately residences above with access to the finest 5 star amenities. The Development by globally acclaimed Delta Group is designed by IBI/HB architects and built with Scott Construction with interiors by award winning Mitchell Friedland. The original landmark Rosewood Hotel Georgia, the heart of Vancouver's social scene for 80 years, will be restored by Endall Elliot Architect to become yet again an iconic part of the 21st Century Vancouver cityscape.


Jameson House (http://www.jamesonfoster.com/)

Bosa's latest Downtown Development featuring state of the art Leed Certified Construction and a bold design by internationally acclaimed Foster and Partners Architecture. Just on the outskirts of Coal Harbour in Vancouver's historic Financial District, this elegant and iconic tower will include a heritage restoration component in one of the densest and oldest parts of Vancouver.


Three Harbour Green (http://www.harbourgreenplace.com/virtualtour.html)

 Proclaimed the "The Last Jewell in The Crown" of Vancouver's Golden Mile! The final of a trio of World Class Waterfront Residential high Rises by Aspac. One and Two Harbour Green have been widely acclaimed as the finest Residences in Vancouver, boasting stunning Ocean and Northshore Mountain Views, extravagant amenities, 5 Star Quality Lobbies, and the finest finishings from around the world in lofted apartments, sought after waterfront townhouses, and jaw-droppping penthouses. Three Harbour Green will sit aside the highly sought after Shaw Tower and the new Fairmont Pacific Rim at the entrance to The Convention Center.


The Ritz-Carlton

Holburn Developments looks to break new ground on Georgia across the street from the impressive Shangri La at the Southern Point of the Coal Harbour region. Facing hurdles in preparation for construction, this project appears to be ready to re-market after rumours a Marriot would come up. Just like the Shangri-La, the Ritz-Carlton will be a mix of commercial street space, hotel accommodation, and stratafied Private Residences, creating Vancouver's own Twin Towers. 


These forward thinking developments will change the Coal Harbour skyline forever, and with a limited number of buildable sites remaining, the Supply in Coal Harbour will be much tighter than areas such as Yaletown where Concord Pacific alone has a couple dozen more buildings in their plans or North Vancouver where the Official Community Plan encourages redevelopment of older Real Estate. 


West Pender Place, Jameson House, The Private Residences at Hotel Georgia, Three Harbour Green, and The Ritz Carlton will be distinctive additions to some of Vancouver's finest Buildings such as Cielo, Denia, The Melville, Carina, Flat Iron, The Bayshore Buildings, Escala, Callisto, Bauhinia, and Cascina. The Lifestyle is enviable, the Architecture is inspiring, and the location connecting Downtown Vancouver with Stanley Park and the Northshore is arguable one of the Best in the World.


To learn more about Coal Harbour Real Estate please feel free to contact me as I am always excited to discuss any questions you may have.

Spectacular Vancouver 2010 Time Lapse Videos

More New Developments in North Vancouver Real Estate!

A few weeks ago I blogged about the North Vancouver Building Boom, today I am excited to announce a few more exciting new Developments in the City and the District of North Vancouver! Two Boutique high end residences with an emphasis on space and luxury and a high rise with anchor commercial tenants. Villa St Georges is the revitalization to the site of a tragic apartment fire two years ago, 700 is a transformation of a commerical block into a mix-use luxury residential/ vibrant retail hub, and 13th and Lonsdale is the site of the old Shell station.

1) 700 - 700 Marine Drive, North Vancouver


700 is transforming the corner of Marine Drive, Bewicke, and 3rd. The true gateway to the revitalized Marine Drive.


This intelligent, human-scale building includes 26 generous air conditioned concrete homes, inspiring office spaces, and shops, services, and landscaped spaces at street level. 700 boasts easier access to both bridges, Upper and Lower Lonsdale, the Upper Levels Highway, and the trails and rivers of the coastal mountains. Meanwhile, everything you need for smarter living is just downstairs. This is a whole new design for urban life – and everything you love about North Van.

2) Villa St Georges - 1033 St Georges Ave, North Vancouver 


Eight high end 2 bedroom, 2 full bath penthouse units in brand new Villa St. George. These homes will be spacious 1,150+ sq ft units with high end finishings, great outdoor deckspace and spectacular mountain and some city views. Prime central location neart all amenities and the vibrant Lonsdale corridor. Ready for occupancy Spring 2011.


With even more projects in the pipeline, look forward further evolution of the Lonsdale corridor skyline and watch for significant commercial and residential upgrades to the Marine Drive corridor from Capilano Road to Lonsdale.


If you are thinking of moving to North Vancouver or investing in a North vancouver Home, contact me today for on top of the market information.

3) 13th and Lonsdale - North Vancouver


The intent of the proposed development is to create a mixed-use development featuring a new Lonsdale branch and head office for North Shore Credit Union. The proposed floor area for the North Shore Credit Union facility is approximately 60,000 square feet. Through the creation of permanent employment opportunities on site and the provision of multi-family housing in proximity to jobs and services, the proposed development will contribute to a vibrant, diverse and highly livable community. The proposed maximum height for the building is 120 feet, consistent with the height limit specified in the OCP for the Central Lonsdale corridor.

September 2010 Greater Vancouver Real Estate Stats

October 4, 2010
September Stats Housing market factors indicate stability in recent months September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories. The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,220 in September 2010. This represents a 0.8 per cent increase compared to August 2010 and 37.6 per cent decline from the 3,559 sales in September 2009. In comparison, last month’s residential sales represent a 40.1 per cent increase over the 1,585 residential sales in September 2008, a 20 per cent decline compared to September 2007’s 2,776 sales, and an 11.9 per cent decline compared to September 2006’s 2,519 sales. “We’ve seen fewer properties coming on to the market over the last three months. This trend, combined with the continued attraction of low interest rates, is likely having the effect of less downward pressure on home prices,” Jake Moldowan, REBGV president said. Since spring, housing prices in the region have trended slightly downward, with a decrease of 2.7 per cent compared to the all-time high reached in April when the MLSLink® Housing Price Index (HPI) residential benchmark price was $593,419. The overall benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 5.5 per cent to $577,174 in September 2010 from $547,092 in September 2009. The current price remains consistent with last month, rising just 0.1 per cent between August and September 2010. Total active property listings posted on the Multiple Listing Service® (MLS®) in Greater Vancouver currently sit at 15,401, basically unchanged compared to last month and a 22 per cent increase from September 2009. Over the last three months, active listings in the region have declined12.3 per cent. New residential property listings posted in September declined 17.6 per cent to 4,731 compared to September 2009 when 5,746 new units were listed. “We saw signs of more stability in our marketplace last month than we have seen since spring based on a variety of indicators that we look at each month,” Moldowan said. “At 56 days, it took, on average, three days less to sell a home in our region compared to August. This is the first month-over-month decline we’ve seen in this category since April.” Sales of detached properties in September 2010 reached 866, a decrease of 39.1 per cent from the 1,423 detached sales recorded in September 2009, and a 58.6 per cent increase from the 546 units sold in September 2008. The benchmark price for detached properties increased 6.7 per cent from September 2009 to $790,992. Sales of apartment properties reached 971 in September 2010, a decline of 34.7 per cent compared to the 1,489 sales in September 2009, and an increase of 27.1 per cent compared to the 764 sales in September 2008.The benchmark price of an apartment property increased 3.7 per cent from September 2009 to $388,373. Attached property sales in September 2010 totalled 383, a decline of 40.1 per cent compared to the 647 sales in September 2009, and a 39.3 per cent increase from the 275 attached properties sold in September 2008. The benchmark price of an attached unit increased 5.2 per cent between September 2009 and 2010 to $490,385. Download the complete stats package by clicking here.
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