burnaby / new westminster oct 9, 2015 real estate weekly

R E A L E S T A T E W E E K L Y

BURNABY NEW WESTMINSTER FRIDAY, OCTOBER 9, [email protected] • 604-435-7977

One of BC’s top economic drivers, the residential development business is a tough, competitive industry that

creates thousands of jobs while pumping billions into the economy. And it’s no secret that multiple reports are now backing up what developers already know: despite ever increasing demand for the fi nished product, it’s taking longer to get projects through the myriad layers of municipal approvals and regulations – in some cases, as much as three or four times longer than a decade ago. Indeed, a recent report by the Fraser Institute found that the District of North Vancouver and the City of Vancouver are the regions most mired in development regula-tions, and this is contributing to unaff ord-ability.

Developers and city offi cials are unani-mous that the single, best way for a builder to expedite the approval process is simply to understand exactly what kind of devel-opment a municipality is looking for, show how a project will fi t into that municipality’s community plan, then provide a complete package including all required documents, certifi cation and surveys.

With NIMBYism on the rise, especially for

projects promoting densifi cation, community engagement prior to applying for rezoning is becoming an ever-more important compo-nent of that package. And many companies are taking the process to levels unheard of in the past.

Innovative Consultation Initiatives“We went through an extensive public con-

sultation for our Ambleside project in West Vancouver,” says Michael Ward, senior vice president and general manager of Grosvenor Americas. “But for our upcoming, mixed-use project in Edgemont Village, we took things even further. In addition to our Door Knocking Campaign, where we literally went door-to-door to open conversation with local residents, we rented a high-profi le retail space in the heart of Village that became our information centre.

“We knew at the outset that many of the local merchants were concerned that bring-ing 62,000 square feet of retail anchored by a Thrifty Foods would harm their business. In fact, a third-party retail study showed that over $17 million of extra retail revenue will now stay in the Village.”

When the project went to public hearing,

there was virtually unanimous support from local residents.

Nic Paolella, vice-president of devel-opment at Marcon, also found extensive public engagement paid dividends for the company’s upcoming Park&Metro project in Vancouver. When it became clear the primary concern that a four-level condo-minium building would look out of place in a long-established neighbourhood, Marcon designed the 73-unit project as two buildings that share a central courtyard and under-ground parkade.

“The fourth fl oors will be stepped back so, from the street, it will appear each building

is only three levels high,” said Paolella. The strategy paid off . “When we went public hearing, there wasn’t a single comment or objection… none.”

Solutions via Online CommunicationsAccording to Getting to Ground Breaking, a recent study by the Greater Vancouver Home Builders’ Association (GVHBA), one innova-tion showing promise of smoothing the path through municipal regulations is increased use of electronic communications and web-based content sharing. Five municipalities (Surrey, Langley Township, City of North Vancouver, District of North Vancouver, and West Vancouver) already provide online access to application status, and more are expected to follow. Among the many benefi ts of electronic communication options are the ability to have multiple staff groups working on an application simultaneously and real time feedback/updates from building inspec-tors in the fi eld.

“I’ve visited 86 countries and I still believe Vancouver is the most remarkable spot on Earth,” Belling says in closing. “We’re sur-rounded by mountains, ocean, and ALR that you can’t build on. That’s part of the charm.”

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R E A L E S T A T E W E E K L Y

I n P r i n t > O n l i n e > I t ’ s A l l H e r e

Nestled beside one of Burnaby’s most beloved parks – Deer Lake Park – lies what will arguably

be one of the most talked about new collection of 161 residences. Welcome to Savile Row, a selection of beautifully designed two-, three- and four-bedroom townhomes, as well as studios and two-bedroom garden-level fl ats. Exclusively located next to more than 1,400 acres of green space, park land, trails and lakes at Deer Lake Park and Burnaby Lake Park, and in the prestigious Buckingham Heights neighbourhood, you are within a short distance to the best Metrotown has to off er. From shops to supermarkets, community centres to cafés, schools to skating rinks, Savile Row off ers an opportunity to live in the hub of a vibrant urban enclave.

Designed by award-winning GBL Architects, these elegant residences off er a seamless blend of traditional and con-temporary architecture with nine-foot ceilings, expansive windows that fl ood the homes in natural sunlight, as well as private patios and spacious back-yards perfect for entertaining family and

friends. In keeping with the sophisticated heritage of the exteriors – a modern take on the classic Tudor architecture – the spacious open-concept interiors feature high-end fi nishes such high quality wide-plank laminate hardwood fl oors, carpet-ing in all of the bedrooms, spa-inspired ensuites complete with a modern frame-less glass shower with fl oor-to-ceiling porcelain tile surround and his-and-hers double vanity sinks. You’ll never want to leave your large, sun-fi lled, gourmet kitchen. Boasting a premium stainless steel appliance package, polished quartz countertops complemented by a matte white porcelain backsplash, sleek cabi-netry in your choice of Light, Shaker or Dark, as well as adjustable cabinet shelv-ing, this is truly a chef’s dream.

“The homes really need to be seen to be fully appreciated,” says Jim Billingsley, Principal of Woodbridge Northwest Communities. “Besides being gorgeous homes, I think the popularity of Savile Row’s park-side setting will attract people that are looking for a real sense of community that is in close proximity to amenities, schools, parks

and transportation.” Savile Row comes to you from

Woodbridge Northwest Communities, a well-respected developer with a legacy of more than three decades of creating sought-after communities throughout the Pacifi c Northwest. You can trust that a residence built by Woodbridge Northwest is synonymous with excellence in quality.

Besides its park-like gardens and pathways along the nearby greenbelt, Savile Row is showcased by a number of common areas to enjoy a coff ee with your neighbours, exclusive membership to a state-of-the-art private gym and a fully equipped entertainment club-house. In addition, Savile Row is ideally situated near major commuter and tran-sit routes with easy access to the North Shore and Vancouver – your new home awaits you.

The presentation centre, located at

4991 Claude Avenue, Burnaby, will

be open daily from 12 noon to 5pm.

For more information or for a private

viewing, call 604-833-1606, email

[email protected] or visit www.

liveatsavilerow.com.

SAVILE ROW Parkside Living at its Best

burnaby / new westminster oct 9, 2015 real estate weekly

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