Archive for June, 2013

Vancouver viaduct removal could cost $55 million

Wednesday, June 19th, 2013

City staff wants two more years of study

Mike Howell
Van. Courier

A city staff report released Wednesday says demolishing the Georgia and Dunsmuir viaducts would cost up to $55 million and climb to more than $130 million once creating a new street network and other upgrades are calculated in the project. Photograph by: Dan Toulgoet , Vancouver Courier.

It would cost up to $55 million to demolish the Georgia and Dunsmuir viaducts and replace them with a new link from Georgia Street to existing roads in Northeast False Creek.

The tab for such a project climbs to more than $130 million when costs are calculated to modify existing streets, parks, utilities, build more parks and conduct soil remediation on what were former industrial lands.

City staff outlined the costs in a report released Wednesday that strongly suggests the 1970s era hulking structures be demolished to open up the area for parkland, housing and better connections between neighbourhoods.

But the report stopped short of recommending city council give the green light to take down the viaducts until more planning work is done on the feasibility of the demolition and the future of the eastern core of the city.

“The issues under study, related to the potential removal of the viaducts, are complex and there is a significant amount of work still to be done before a final report is brought before council,” said the report authored by Brian Jackson, the city’s head planner.

Approximately $1 million has been spent to date on the planning and engineering work related to the removal of the viaducts. But city staff wants two more years and $2.4 million to spend on a “work program” to examine the bigger picture of what removing the viaducts will mean for the neighbourhood and surrounding communities.

There’s also the problem of what to do about the 43,000 vehicles per day that use the viaducts, which are well-used links in and out of downtown for the movement of goods.

The report notes, however, that as time passes, the cost of removing the viaducts will become “more and more challenging,” given the need for temporary roads and deconstruction sites to facilitate the removal of the viaducts.

Retaining the viaducts would cost up to $120 million, if rehabilitation, maintenance and eventual replacement costs are factored in over 40 years, the report said.

If the viaducts were demolished, it would free up 10 acres of land worth up to $110 million. Although staff’s desire is to have the land devoted for public open space, affordable housing and other public uses, the report notes some of the land could be sold for development.

The report also points out removal of the viaducts has “significant positive impacts” to Concord Pacific’s lands, which are adjacent to the viaducts and would require an agreement with the city to accommodate a new street network.

“For Concord, this will produce new development parcels which will need to consider tower placement and density, park configuration and programming and soils contamination,” the report said.

The suggestion to demolish the viaducts continues an emerging trend in North American cities. The report mentions Boston, at great expense, eliminated its elevated waterfront freeway and connected that city’s downtown to the waterfront.

In San Francisco, politicians there elected to tear down the Embarcadero freeway and reconnect several of that city’s neighbourhoods.

“In every city’s evolution, there are rare opportunities to take bold city-building steps to advance the city’s goals and liveability, or correct a past planning wrong,” the staff report said. “The potential removal of the viaducts provides an opportunity for the City of Vancouver to do both.”

With city staff wanting at least two years to plan for the removal of the viaducts, the next opportunity for council to make a final decision on the viaducts’ fate may not come before a new council is elected in the fall of 2014.

If the council of the day decides the viaducts should be demolished, it could take up to six years before they come down.

© Copyright (c) Vancouver Courier

Anti Spam Legislation not coming till the end of 2014

Friday, June 14th, 2013

Other

Although Canada’s anti-spam legislation (CASL), the Fighting Internet and Wireless Spam Act (Bill C-28), was signed into law on December 15, 2010, the federal government is still working on the regulations needed to enforce it.

Industry Canada continues to consult with stakeholders about the draft regulations and the federal government may still make changes. There are now reports that the regulations may not come into effect until late 2014.

The goal of CASL is to stop unwanted spam and to target concerns over privacy and personal security, including identity and credit card theft, fraud, and the unauthorized collection of personal information.

What has the Canadian Real Estate Association (CREA) done to ensure the interests of REALTORS® are protected?

Since 2009, CREA has actively and successfully lobbied to:

·         preserve important marketing practices for REALTORS®; and

·         ease the burden of complying with CASL.

CREA’s efforts have also resulted in seven significant changes being made to the draft regulations that will make it easier for REALTORS® to build and maintain client relationships under CASL.

They are:

1.       A transitional provision will allow REALTORS® to send electronic messages to clients without express consent for three years, provided the relationship existed before the new rules came into force.

2.       The amount of time REALTORS® can stay in touch with a client without express consent after a sale has been extended by an additional six months to 24 months in total.

3.       REALTORS® can follow up with a potential client after exchanging contact information, including at a networking event, as long as the message is relevant to the recipient’s business.

4.       Express consent to send commercial electronic messages can be obtained orally or in writing. Prior to CREA’s lobbying efforts, consent could only be acquired in writing.

5.       A tremendous amount of information about the sender was required in a request for consent to send an email. CREA’s efforts have reduced the required information to include only basic contact details.

6.       A requirement to have a website in order to send a commercial electronic message was removed.

7.       The unsubscribe requirement was significantly streamlined. REALTORS® only need to provide a single functioning unsubscribe mechanism to property buyers and sellers.

© Real Estate Board of Greater Vancouver

Central Park Village – Hudson’s Loft 3068 Gladwin Rd., Abbotsford

Thursday, June 13th, 2013

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Laureates Walk at Harvard Gardens

Thursday, June 13th, 2013

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Vancouver buyers second most confident in nation

Thursday, June 13th, 2013

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The best of rural living in an urban centre

Thursday, June 13th, 2013

Coquitlam

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Jubilee House at 508 Helmcken – proposed 36-storey 448 residential units.

Wednesday, June 12th, 2013

Vancouver’s Social housing shuffle

Mike Howell
Van. Courier

Jubilee House at 508 Helmcken St. The building may be torn down for a condo project. Photograph by: Dan Toulgoet , Vancouver Courier.

The bad news is the Jubilee House at 508 Helmcken St. that has 87 units devoted to social housing will probably be demolished.

If that happens, the good news is the residents of the Jubilee House will move into a new building across the street in the 1000-block of Richards Street that will include 162 housing units.

For all this to work, city council has to approve an application from Brenhill Developments Ltd. to construct a 36-storey tower with 448 residential units on the same site as Jubilee House.

It’s all part of an interesting land exchange that council is considering as it continues to find ways to get more social and affordable housing built in Vancouver.

On Tuesday, council referred Brenhill’s application to a public hearing. The staff report, however, made it clear the new 162-unit building must be built and have an occupancy permit before the tower can go ahead.

That’s because the city wants to ensure the current residents from the Jubilee get a place to stay and provide an additional 75 units to renters at the “low end of the market.”

The developer says it will kick in $24 million towards the $30.6 million construction of the social housing building and another $1 million for the city’s affordable housing fund.

The balance of the $30.6 million construction cost (up to $6.6 million) would be funded by the city from the proceeds of the sale of the Jubilee property to Brenhill.

Though the project is appealing to many, there are those who oppose it because of the tower’s height and scale, its effect on views, shadowing, more traffic and worries about “social issues” related to residents of the social housing building.

Supporters of the project say the neighbourhood is a good location for more social housing and the land exchange is a good way to get more housing built when senior levels of government are not providing the funding.

Additionally, supporters say the 1985-era Jubilee House needs repairs and there is a demand for more rental units in the city; at least 110 of the units in the tower will be for rent. The tower’s ground floor will also have retail and a private pre-school/kindergarten.

No date has been set for the public hearing.

© Copyright (c) Vancouver Courier

Mortgage holders model of financial smarts

Thursday, June 6th, 2013

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Altus – Solo District Lougheed at Willingdon 55-storey 280 homes

Thursday, June 6th, 2013

Burnaby’s tallest residential tower

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Q & A: BC’s Home Warranty Insurance

Thursday, June 6th, 2013

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