Archive for June, 2008

Grandfather clause hazy

Sunday, June 1st, 2008

Conditions do apply

Tony Gioventu
Province

Dear Condo Smarts: Our strata recently passed a number of new bylaws. I wholeheartedly supported them as they will improve our lifestyles here.

We passed a new rental bylaw that limits rentals to five, an age bylaw that limits owners to 55 and over, and a pet bylaw that limits each unit to one dog or one cat.

At our information meeting beforehand, our property manager told us not to worry because anyone underage, with extra pets or tenants would be grandfathered. Only two months have passed since the meeting and we, the strata council, are in some real disagreements over what that meant.

If we’re grandfathered, doesn’t that mean the bylaw doesn’t apply to us, so if we wanted to get an extra dog or cat that would be OK?

What about tenants? Can’t anyone who was a landlord at the time continue to rent the suite until they sell it?

— MW, North Vancouver

Dear Muriel: The term “grandfathered” is used extensively in publications and by strata councils, yet the term does not appear anywhere in either the Strata Property Act, Regulations or Standard Bylaws.

There is a common misunderstanding that grandfathering exempts an owner from the new bylaw for as long as they own their suite.

However, that is not the intent of the Act.

The exemptions granted by the Strata Property Act are conditional. They allow for a period or circumstance of exemption to accommodate persons who would be affected by a new bylaw. Pets, rentals and age are the exact bylaws the exemptions apply to.

Under the act, pets, tenants and owners not in compliance with the new bylaws who are residing in a strata lot at the time the bylaw is passed — not when it’s registered — are exempt from the bylaw until their residency/condition terminates.

For example, if your strata passes a new pet bylaw that limits owners to one cat or one dog, and you have two dogs, then on the moving or passing of one of your dogs, you would be limited to only one dog.

If a resident was 35 at the time, and the strata passed a 55-and-over occupancy bylaw, then the 35-year-old could remain as long as he or she wishes, but any new occupants or tenants would have to be 55 and over.

In the case of a tenant, the current tenant at the time of the bylaw being passed would be permitted to remain for whatever period they and their landlord agreed to.

But if that tenant moves, the landlord would only be able to rent for one more yea; at that time the landlord would either have to occupy the unit, leave it vacant or sell it, but could not rent it out to a new tenant.

For an investor this is important to understand. As long as there are rental vacancies in the bylaw, you could rent again, but if the quota is filled you cannot rent once your exemption expires.

Don’t interpret the term “grandfathering” as perpetual with the exemptions granted by the Act, which are only conditional.

Tony Gioventu is executive director of the Condominium Home Owners Association.

E-mail: [email protected]

© The Vancouver Province 2008

The new Wall Centre False Creek condo development. – Luxury, culture and modern style

Sunday, June 1st, 2008

While every unit is unique, efficient layouts are common to all

Kate Webb
Province

An artist’s rendering of what the completed Wall Centre False Creek Will Look Like.

In most of the Wall Centre False Creek units, the kitchen serves as the stylish focal point. This kitchen features the darkest — dubbed Landscape — of the three colour schemes available. Photograph by : Jon Murray, The Province

Wolf gas-fired stoves are featured and Sub-Zero fridges are built into the spacious kitchen cabinetry. This kitchen features the Skyscape colour option.

This kitchen features the lightest of the three colour schemes available. The focal point of this colour option, called Seascape, is the multi-coloured, mosaic-like granite countertop.

Like beer, coffee and chocolate, consumers’ tastes in home interior schemes come mainly in three shades: light, medium and dark.

Layer on some earthy, descriptive handles — Skyscape, Seascape and Landscape — and you’ve got the winning trio of light, medium and dark designer options offered at the new Wall Centre False Creek condo development.

The four 12- to 16-storey mid-rises — of which two buildings have been released and 60 per cent of their units have been sold — are in the heart of “downtown’s new address,” according to Tracie McTavish, marketing director for the False Creek development.

By spring 2011, the buildings will take up the entire block between Manitoba St. and Columbia St. on West 1st Avenue, giving residents a chic crash pad just minutes from downtown and the seawall.

The standout feature of these homes is that, more than just a lazy smattering of the industry’s standard neutral tones, the experts managed to co-ordinate textile combos that really pop.

“Everybody has different tastes and you try and cover all your bases,” explains McTavish.

The kitchens are hands-down the showcase for these three outstanding examples of contemporary design, offering a high-end Wolf gas-fired cook top stove with snazzy red knobs, a gleaming oversized tub sink, and the thickest-cut marble and granite countertops you’ve ever seen.

“Kitchens are the biggest focal point for most units,” says McTavish. “The layout is extremely efficient, and the quality of the finishings sets us apart.”

The Sub-Zero fridge is built into the sleek, spacious cabinetry; a wine rack comes in the same wood style.

The lightest “Skyscape” theme comes with striking slate grey and white marble counters and backsplash, while Seascape suites come with a multicoloured, mosaic-like granite countertop and painted glass backsplash.

The Landscape theme, with its rich, dark tones and more masculine appeal, offers the most contrast of the three because of its travertine (read “white”) marble floors.

The layouts vary considerably, some with breakfast nooks and others with a more open concept dining and living area, but all come standard with hardwood, wide-plank floors, high-end fixtures from brand-name giants such as Kohler, Faber and Kindred, and most come with balconies and stunning water views.

Exterior wall space has not gone to waste, with lots of large windows set in unobtrusive frames to make the most of both the living room and bedroom views.

On the same track to efficiency, dens offer exactly enough space for a compact home office without wasting any of the valuable square footage.

The bathroom finishings echo the extravagance of the kitchens, with marble tiles in caramel-and-cream or black-and-white themes, covering from sink to shower and floor to ceiling.

The built-in hidden storage under the sink and dual-flush toilet in these sanctuaries are also thoughtful bonuses.

All of these luxurious materials certainly could have packed a powerful environmental punch, but builders Wall Financial decided to mitigate their impact by building to LEED Silver equivalent standard (LEED stands for Leadership in Energy and Environmental Design and is the most widely recognized international certification standard for eco-friendly homes).

Wool carpet, energy-efficient refrigerators and efficient lighting, heating and water usage are all part of the resource-consciousness built into the development, and when added up, McTavish says going for the green standard has probably boosted purchase prices by seven to 10 per cent.

“It’s a corporate responsibility now. I think five years ago the consumer didn’t appreciate or understand it, but I think now they do, and they’re willing to pay more for it,” he says.

It’s not all seriousness at the Wall Centre False Creek, though. A 260-seat, brand new Playhouse Theatre being built downstairs will give residents the inside scoop on the city’s ever-expanding arts scene.

“It’s got culture. It’s hip, progressive and contemporary,” says McTavish of the Centre. “When this is built, the buyer will appreciate the Playhouse Theatre and what it has to offer.”

With the Olympic Village right across the street, the seawall and a new Arthur Erickson-designed community recreation centre going in two blocks away, and public transportation options and amenities all around, interested buyers will do well to start pondering as soon as possible whether their tastes in kitchens match their aesthetic ones.

THE FACTS

What: The first phase of Wall Centre False Creek, a 200-unit, two-tower condo development.

Where: 1708 Columbia St., 168 West 1st Ave., and 138 West 1st Ave., Vancouver.

DEVELOPER: Wall Financial Corp.

SIZES: Studio apartments all the way up to two bedrooms-plus-den, from 394 sq. ft. to 1,071 sq. ft.

Prices: $409,000 to $1.3 million

OPEN: Presentation centre with display suite and several vignettes open at 130 West 1st Ave., Sat. to Thurs. from noon to 5 p.m.

MORE INFO: Visit www.wallcentrefalsecreek.com

PHONE: 604 874-9232

© The Vancouver Province 2008

 

Convention centre gains popularity

Sunday, June 1st, 2008

But 21 centres being built in the U.S.; 36 being remodeled

John Bermingham
Province

In this view from Stanley Park, the dark angular shape of the new $883-million convention centre changes the skyline of Vancouver. Photograph by : Jon Murray, The Province

The man hired six months ago to turn a dollar from the expanded Vancouver Convention Centre said bookings have increased 116 per cent since last year.

But Warren Buckley, president and CEO of PavCo, the Crown corporation that runs the Vancouver Convention and Exhibition Centre, added that competition for the convention dollar is getting tougher.

Buckley told a Vancouver Board of Trade luncheon Friday that the expanded convention centre will rank among the Top 5 in the world.

“What you have here is something very special,” said Buckley. “You already have the infrastructure built. You already have a very special location. Vancouver is easy to get to. Vancouver is attractive. I think it’s a winning formula.”

Buckley said the spectacular setting will give Vancouver an edge over stiff global competition.

The new convention centre will have 500,000 square feet of meeting space, and includes a green roof and a ballroom with glass walls. Perched over water, the vista takes in the North Shore mountains in an ecologically sensitive setting.

“This is unparalleled,” he said. “This doesn’t exist anywhere else in the world.”

There are 21 new convention centres also being built in the U.S., along with 36 undergoing renovation. And in China, 100 convention centres are under construction.

Buckley said the market can’t sustain so many convention centres chasing the same buck.

Buckley said Vancouver should be looking to Europe for new customers, where large international bodies are based, and not rely on U.S. business.

“They’re larger numbers. They spend more. They stay longer. And they’re prepared to cross borders,” he said.

Buckley said conventions are almost fully booked in 2010, and 2011 will be “the best convention year Vancouver has ever had.”

According to Tourism Vancouver, there are 36 definite bookings for citywide conventions up to 2012, and 37 tentative.

Buckley said that even if convention centres are 80-per-cent full, they can still lose money.

“My goal is to make sure there’s a fine balance between the level of occupancy, and the bottom line,” he said. “You can fill that place every day with events that don’t drive economic dollars.”

Buckley said the convention centre won’t be able to pay for its $883-million cost — most of it borne by taxpayers — for years.

Nearly $400 million in overruns at the convention centre have almost doubled the total cost since the ground was broken in 2004.

“It’s not unusual for a facility to cost this much money,” said Buckley. “The cost is clearly in line with what I think other international projects are [costing].”

Buckley said the Vancouver convention centre will be ready in March 2009, and will hold its first conference in mid-April.

In October next year, the venue will be handed over to Vancouver 2010 for the Olympics, where it will be used as the main media centre, and returned in March 2010.

© The Vancouver Province 2008