The condo craze is still current in Vancouver, and especially so in Yaletown, erstwhile warehouse district that blends its heritage status with all the paraphernalia of the new lifestyle that, regardless of actual inventory, is still driving speculative money exchanges for those willing to avail of impressively high going values. It doesn’t hurt that Yaletown has a matchless transportation system in place and is a beautiful locale with a lot to offer. From the amazing Seawall to the many lush and expansive parks that dot the area, such as the George Wainborn Park, which is 2.5 hectares in size!
It should be noted that all of these spaces make good use of the city’s existing infrastructure and contribute to it, with the focus on sprawling green spaces and public recreation facilities leading to a happy circle that helps sustain those natural loci and quality recreation facilities with their focus on community living.
1121 Seymour + Davie
The nine-storey 1121 Seymour across from the Emily Barnes Park is slated to have 38 units. For those with sophisticated taste buds, it will be pleasant to know that the property is 474 restaurants away from residents and a lack of choice for cuisine satisfaction. And over all of this, the building has been given a silver certification by the LEED Canada, which means that one can avail of all the luxuries of this space without the attending green conscience scare that so many other metropolises are ridden with.
The Arc Vancouver is perhaps one of the most ambitious and conspicuous developments of the area, despite the fact that it is, well, a development, and not a finished project. True to its name, The Arc carries forward the tradition of triumphal arcs built on steppes and sand and asphalt since time immemorial, just that this one is built of two separate towers! The concrete-and-glass behemoths will be connected by two- or three-storey sky-bridges. In addition to the wealth of Yaletown around it, The Arc will provide special pedestrian plazas for their residents.
Developments like the Smithe, Viva tower, and 498 Drake Street focus on the region’s marriage of the urban and the traditional – based on its historical mix of older commercial and newer residential living – while designing condos, which is why it has a floor of retail and three floors of official space reserved from its twenty-six storeys of spotless and elegant boutique property living.
All in all, condo property in Yaletown focuses on bringing a new sort of urban living into this new heart of Vancouver, one blending sophisticated private living with active community lifestyles.