Post reply

The message has the following error or errors that must be corrected before continuing:: Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.

Note: this post will not display until it has been approved by a moderator.

Name
Email
Subject
Message icon

[quote author=Sportsdude link=msg=112468 date=1196224461]
where's that balloon...

[a href="http://ca.news.yahoo.com/s/cbc/071127/canada/vancouver_bc_condo"]http://ca.news.yahoo.com/s/cbc/071127/canada/vancouver_bc_condo[/a]

Skyrocketing construction costs driven by Vancouver's sizzling real estate market have forced a developer to pull out of two projects worth $95 million.[/p]  Developer Bill Eden, who owns The Eden Group, told CBC News that because of financing difficulty it's not possible for his company to finish the projects.[/p]  "The industry itself - very difficult to get financing," Eden said on Monday. "Basically, it's extremely uncertain whether I can actually complete that building."[/p]  That development project is the Elyse, a 119-suite condominium complex planned for E7th Avenue and Scotia Street in Vancouver. There are 55 people who made presale purchases beginning in February.[/p]Another Eden project, a $30-million estates townhouse development, has also been shelved. That site is also for sale.[/p]
[/p]
[/quote]

Other options

Return to this topic
Don't use smileys

Verification:

Please leave this box empty:

Listen to the letters / Request another image

Type the letters shown in the picture:

If your father was named "Bob" and you're named "Jim", what's your dad's name?:

Was Secret Agent 007's last name "Bronco"?:

Complete the sentence: "Between a rock and a...":

Shortcuts: ALT+S post or ALT+P preview

Topic summary

Posted by Sportsdude

- Nov 28 07 12:56

there's got to be and checking these developers sites makes me believe that its going to happen soon. Once the little guy goes everything follows suit. If only a couple developer firms are able to build now in Vancouver due to high prices, that's something news worthy.

Funny thing is that the developer if he was smart would move this operations to Victoria.

Posted by Russ

- Nov 28 07 09:59

Im with you SD... I believe there will be a bubble.

Especially in the condo markets.

Posted by Sportsdude

- Nov 27 07 08:37

RIP
Elyse:
[a href="http://www.elyseliving.com/"]http://www.elyseliving.com/[/a]

The Sophia:
[a href="http://www.sophialiving.com/entrance.htm"]http://www.sophialiving.com/entrance.htm[/a]

Posted by Sportsdude

- Nov 27 07 08:34

where's that balloon...

[a href="http://ca.news.yahoo.com/s/cbc/071127/canada/vancouver_bc_condo"]http://ca.news.yahoo.com/s/cbc/071127/canada/vancouver_bc_condo[/a]

Skyrocketing construction costs driven by Vancouver's sizzling real estate market have forced a developer to pull out of two projects worth $95 million.[/p] Developer Bill Eden, who owns The Eden Group, told CBC News that because of financing difficulty it's not possible for his company to finish the projects.[/p] "The industry itself - very difficult to get financing," Eden said on Monday. "Basically, it's extremely uncertain whether I can actually complete that building."[/p] That development project is the Elyse, a 119-suite condominium complex planned for E7th Avenue and Scotia Street in Vancouver. There are 55 people who made presale purchases beginning in February.[/p]Another Eden project, a $30-million estates townhouse development, has also been shelved. That site is also for sale.[/p]
[/p]