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Jun. 1st, 2017

Delta Highrise - HudsonHomeTeam

The proposed development site on 120 Street and 75A Avenue. (James Smith photo)

 

If approved, it would be the second such development along Scott Road after the 37-story Delta Rise.

A potential 35-storey residential development on Scott Road is advancing to public consultation after approval from council on Monday, May 29.

The application is for a 35-storey residential building with limited commercial space at ground level and several three-storey townhouse units at the northwest corner of 75A Avenue and Scott Road. The building would have underground parking, accessible from 119A Street.

Council’s approval means the consultation process for the proposed development can begin; it does not necessarily mean the development will be approved for construction.

The public consultation process will include placing public notice signs along the properties on 120 Street, 75A Avenue and 119A street; sending notices to surround property owners; holding a public information meeting to introduce the proposed development; and holding a public hearing if the application proceeds past second reading.

 

 

Community planning and development director Jeff Day said the developers want “to move this forward as quickly as possible.”

“I anticipate the public information meeting would happen before true summer comes in,” he continued.

At the public information meeting, information on the building’s amenities will be brought forward. Currently, the development includes limited commercial spaces on the ground floor of the building, including a coffee shop and a business office because, Day said, “we don’t want to dilute the commercial along Scott Road.”

If the development is approved, the six properties covered by the development would be rezoned from multi-unit residential properties and medium density residential properties to mixed use properties.

“It’s just at the preliminary stage right now,” Day said. “There’s a lot of things we need to go through in terms of the form and the character of [the development].”

The development’s design will be brought forward during first and second readings, giving council members and the public a chance to weigh in on what the building would look like.

“At this point, we’re satisfied that it’s developed to a mark … that council would expect where we are able to take it out to the public,” Delta CAO George Harvie said during the May 29 council meeting. “But we always come back with some good additions and modifications based on public consultation.”

If approved, this would be the second high rise along that stretch of Scott Road. Delta Rise, which was officially completed on May 6, 2017, is a 37-storey residential building on 120 Street and 80 Avenue.

The new proposed development is located within the area covered by the Scott Road revitalization bylaw, which has established reduced municipal fees and taxes to encourage commercial and high density residential development along the Delta/Surrey border.

However, the proposed development would not automatically qualify for those bylaw incentives: eligibility has to be determined first.

The application for the building was put forward by developers Arzone Real Estate Investment Ltd. and Hari Homes Incorporated.

Both parties has been involved in other North Delta development proposals in the past, including a 20-unit townhouse development proposal on 84th Avenue and 115 Street.


Delta Highrise drawings  - HudsonHomeTeam


An application for a 35-storey high rise on 120th Street was approved by council on Monday, May 29. The proposed development will no go through several stages of public consultation. (Council report photo)

Delta Highrise drawings 2 - HudsonHomeTeam

An application for a 35-storey high rise on 120th Street was approved by council on Monday, May 29. The proposed development will no go through several stages of public consultation. (Council report photo)

 

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Is Fraser Valley the next big market in the B.C. housing sector?

 

 

Latest numbers from the Fraser Valley Real Estate Board (FVREB) revealed that B.C.’s southwestern region has experienced significant home price growth in February, indicating a possible companion to the red-hot Vancouver market in the near future. Last week, the Board revealed that the benchmark price for a single-family property in the Valley increased by 20.4 per cent year-over-year and 0.4 per cent compared to January, hitting $859,300.

 

 

 

 

“This is the kind of February we like to see. Last year at this time, the incredible demand created a market that was difficult for consumers,”

according to FVREB president Gopal Sahota, as quoted by CBC News.

 

 

“Now, we have sales moving upward from the winter months at a typical, healthy pace and a growing inventory to support it,”
Sahota stated, adding that the numbers are so far showing a “return to normal historical sales numbers.” Apartment prices also rose sharply by 26 per cent compared to February 2016 and 1.8 per cent month-over-month, up to $267,000. Meanwhile, average townhome costs grew by 25 per cent year-over-year and 0.5 per cent since January, reaching $422,400. Recently, Finance Minister Bill Morneau assured that the federal government is still closely monitoring the Canadian housing market, amid seemingly inexorable price growth in Vancouver and Toronto. 

 

“We continue to be very focused on thinking about how we can manage what is peoples’ most significant investment. And we do watch the level of indebtedness, in particular around housing,” Morneau stated, adding that “strong underlying markets” continue to drive the two cities’ outsized performance.  “So in Toronto and Vancouver, unemployment is lower in those two places than it is in some other places. Incomes are higher. The economy is doing better. So there are underlying reasons for the housing markets to do better and we’ll continue to monitor, to work with provinces and municipalities who have an important role to play here to manage what we see [as] a challenge, but not one that isn’t manageable.”

 

 

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Vancouver, BC, Canada / News Talk 980 CKNW | Vancouver's News. Vancouver's Talk
Matt Lee

It appears the province has no plans to slow down the growth happening in some Surrey neighbourhoods.

It comes even after school trustees passed a unanimous motion on Thursday calling for a halt in development.


Province not biting on Surrey school trustees' bid for moratorium on development

 


The motion tabled by Laurae McNally suggested provincial funding for new schools isn’t keeping up with the pace of population growth in the fastest growing city in the province.

That’s why they called on the city to halt the development happening in the Clayton, Grandview/South Surrey, and Newton areas.

But education minister Mike Bernier is singing a different tune.

In a statement to CKNW, Bernier says he understands the challenges facing the school district, but hints at major projects already being underway with more slated to come.

He says as the city moves forward, Surrey and other districts experiencing similar growth will be a priority for future capital investments.


 


 


I understand the challenges Surrey has and I’ve discussed them with the board when we met a few months ago.
My Ministry is working closely with the Surrey district to find ways to deal with the intense pressures from growth.
As we move forward,  Surrey and other districts experiencing growth will be a priority for future capital investments.
There are several major projects underway and more slated to come –  the new Clayton North Secondary and additions to three elementary schools are under way – projects worth $64.6 million.
These projects will create 1,870 spaces for Surrey.
Since 2001, we’ve invested more than $337 million for 55 capital and seismic projects, and 12 site acquisitions in Surrey.
Last year we completed Goldstone Park and Katzie elementary schools, and additions to Fraser Heights and Panorama Ridge Secondary. These projects, worth a total of $44.2 million, created 1,160 spaces for elementary and 500 secondary spaces in Surrey.


Earlier in the school year we had the opportunity to experience one of the Semiahmoo Music Society's various concerts. While we had heard great things about the school music program, we were blown away...

 

 

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(find out what school catchment the centre is in)

Surrey’s Grandview Heights Aquatic Centre will be the ultimate immersive experience.

The aquatic centre, which will open in the fall of 2015, will feature a rippling roof line that mimics undulating waves. Walking into the $55-million complex will be like plunging into a huge breaker.

Indoor municipal pools used to be dark, windowless boxes that reeked of chlorine and were better for cavefish than humans. You dived in, got a swim lesson and left as fast as you could.

They were the slightly icky lair of fitness buffs, competitive swimmers and shivering swim classes.

Not anymore. Pools have been transformed from endless bummers into endless summers complete with spa-like luxuries including Jacuzzis and saunas.

Fitness hard-cores and competitive crawlers have been joined by a rich pageant of humanity, including water babies, back-stroking octogenarians and families seeking thrills on white-water rides.

Pools are splintering into diverse tanks to handle the competing needs of lane-swimmers and leisure-bathers who would splash rather than stroke.

Pools are getting deeper to accommodate divers and shallower to cater to wading tots.

Aquatic centres have evolved beyond sheer fitness and training venues to become social hubs, according to Vancouver architect and pool designer Darryl Condon.


“We wouldn’t dream of designing a pool that doesn’t have a high degree of natural light and ventilation,” says Condon, a managing partner in Hughes Condon Marler Architects. “That sort of chorine smell is not acceptable any longer. People expect much higher standards for water and air.


“There’s an increasing interest in social and wellness-oriented activities. There has been a radical shift in how these facilities are used.”

Condon’s firm is riding the crest of change that’s revolutionizing the world of pool design. Over the past two decades, Hughes Condon Marler Architects has made a splash at the leading edge of North American pool creation by tapping into the public’s growing demand for multi-use leisure spaces.

Beginning with Burnaby’s Eileen Dailly pool in the early ’90s, the firm has designed eight major pools in the Lower Mainland, including the still-under-construction Grandview Heights at 168th St. and 24th Ave. in Surrey.

Its other local projects are Langley’s Walnut Grove pool, Vancouver’s Killarney pool, Coquitlam’s Chimo pool, an expansion of Delta’s Sungod Recreation Centre and an upgrade of the West Vancouver Aquatic Centre.



Perhaps the firm’s highest-profile design is the Hillcrest centre, which became famous four years ago as the Vancouver Olympic Centre.

HCMA is still best known in B.C. for designing fire halls, libraries, housing projects and university teaching centres. Outside the province, it’s known as a pool expert.

The firm has co-designed or collaborated on four aquatic centres in Ontario and Quebec. Its most expensive project — a $72-million facility in Windsor, Ont. — opened a waterpark last month to rave reviews from local splashers.

Condon says HCMA is one of just a few Canadian architects with the deep-end smarts to design successful municipal pools. The firm celebrates its designs — they’ve won some two dozen awards — in a new coffeetable book called Pools: Aquatic Architecture.

“The book gave us a chance to re-examine our work to learn what worked and what didn’t,” Condon says.

For a municipality, an aquatic centre must be more than an award-winning heap of steel, glass and water to work.

Per square foot, an indoor pool is the costliest building a municipality builds and operates, Condon says.

“Because of the technical demands of their systems and the aggressiveness of the environment, they need to be durable,” he says.

Rates of use are one of the most direct measures of success. New pools are like shiny new cars, he says — initially appealing but possibly less exciting after a few rides.

“Pools that hit the mark are those where usage doesn’t drop, but increases,” he says.



Rising popularity has been the happy lot of the West Van Aquatic Centre, which HCMA upgraded in an $8-million project in 2004.

Visits there have risen annually from 700,368 in 2010 to 774,000 in 2012.

“Another measure we use is how far people come to use a pool. Pool users are mobile and will drive past their local pool to get the experience they want,” Condon says. “West Vancouver sees broader usage than the larger North Shore. People drive over bridges to get there.”

pluke@theprovince.com

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The British Columbia Real Estate Association’s Chief Economist, Cameron Miur outlines the current market situation in BC as well as updates us on the forecast for our Real Estate market in the coming months.

 

 

Cameron Miur

 

 

For more information, contact us: info@hudsonhometeam.com

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Here they are…This weeks maps…

 

Click on image for the treasure.

 

 

 

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This Saturday’s Garage Sales Maps are ready for you to go find your treasure!

 

Click on the image for access.

 

 


 

 

Don’t for get you can access Real Estate listings from your Smartphone or Tablet while you cruise around any neighbourhood in all of BC!

 

 

 

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DSC_1036
STABILITY REIGNS in Fraser Valley
 
January, 05 2011 12:54:41 pm, by FVREB

 

Stable property sales and a steady erosion of inventory for the last seven months of 2010 have brought equilibrium to Fraser Valley’s real estate market.

“Our market was a bit of a rollercoaster in 2010 with buyers appearing earlier than expected in the year, tapering in the summer and returning in the fall,” says Deanna Horn, Board president.

“As consumers regained their confidence in the overall economy, we saw a normalization of the market with sales at or slightly below average, inventory dropping and modest changes in home prices.”

A total of 895 sales were processed on the Board’s Multiple Listing Service® (MLS®) in December, a decrease of 17 per cent compared to November and a decrease of 29 per cent compared to 1,260 sales in December of last year. The Board’s 10-year average for December sales in the last decade is 1,020.

In terms of listings, the Board finished 2010 with 8,139 active listings, 10 per cent fewer than in November and an increase of 25 per cent compared to the 6,534 properties available in December 2009. December’s inventory represents a 28 per cent drop from 2010’s peak of 11,411 active listings reached in May.

Horn adds, “If there’s one lesson buyers and sellers can take from our market in 2010, it’s to recognize there are real differences in home values based on their type and location making it prudent to have your REALTOR® show you comparisons specific to your property type and neighbourhood.

“For example, benchmark prices of condominiums in North Surrey have decreased by 3.8 per cent in the last year while benchmark prices of detached homes in west Abbotsford have increased by 4 per cent.”

Overall, the benchmark price for Fraser Valley detached homes in December was $506,145, an increase of 0.3 per cent compared to November and 1.7 per cent higher compared to $497,732 in December 2009.  

The benchmark price of Fraser Valley townhouses in December was $322,054, an increase of 0.8 per cent compared to November and a 1.2 per cent increase compared to December 2009 when it was $318,174. Year-over-year, the benchmark price of apartments increased 1.2 per cent going from $237,157 in December 2009 to $240,101 in December 2010 and 0.9 per cent lower compared to November 2010.

 

Download the complete stats package by clicking here.

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