Archive for the ‘Other News Articles’ Category

Top 5% of Canadians make $89,000/yr, top 1% of Canadians make $181,000/yr, top .01% make $2.8M/year

Tuesday, September 25th, 2007

Province

OTTAWA — An annual income of $89,000 was enough to place a Canadian among the top five per cent of individual tax-filers in 2004, says the most recent data from Statistics Canada.

The top one per cent of earners was limited to those who raked in $181,000 a year, while membership in the super-elite club consisting of the richest 0.01 per cent of Canadians required an annual paycheque of $2.8 million.

Three-quarters of the top five per cent of earners were men, StatsCan reports, even though men comprise a minority (48 per cent) of individual income tax-filers. The group becomes even more male-heavy at the top end of the income spectrum. Just one in nine of the top 0.01 per cent of earners was a woman.

Though their membership in the very highest-earning group hasn’t increased over the past two decades, women made gains among the top five per cent, with their ranks increasing by 10 per cent since 1982.

Almost half (48 per cent) of the top five per cent of taxpayers live in Ontario, followed distantly by Quebec (18 per cent), Alberta (15 per cent) and B.C. (13).

© The Vancouver Province 2007

 

Gourmet grocer opens Coal Harbour Urban Fare

Friday, September 21st, 2007

Bute Street outlet opening Sunday slightly smaller than Yaletown original

Bruce Constantineau
Sun

Steve van der Leest, president of Overwaitea Food Group, is shown in the Urban Fare opening Sunday at 305 Bute

The wait will soon be over for Coal Harbour food lovers anxious to sample Texas rattlesnake meat or fresh Poilane bread imported from France.

Vancouver gourmet grocer Urban Fare opens its second store Sunday at 305 Bute St. to complement its popular Yaletown outlet that opened on Davie Street eight years ago.

It’s the start of a multi-store expansion that will see four Urban Fare food stores operating in the city by 2011.

A third store is planned late next year in the Shangri-La development near Georgia and Thurlow while a fourth will be built on the Olympic Village site near False Creek after the games.

Vancouver has become a world city and has the kind of customer base where Urban Fare is going to shine,” Overwaitea Food Group president Steve van der Leest said in an interview.

” . . . If Vancouver continues to grow as a world city, you’d think there will be other opportunities for us here.”

The new 21,500-square-foot Coal Harbour store is slightly smaller than the Yaletown outlet and located at the street level of a major highrise condominium building near the intersection of Bute and Cordoba streets.

Mushrooming high-end condo projects in the area have clearly created a strong market for the store as fascinated passersby are already trying to get in to shop.

But van der Leest stressed the new Urban Fare isn’t just about ultra-extravagant items like $150-a-snake rattlesnakes or $100-a-loaf Poilane bread. If you want Kraft dinner, it’ll be there.

“There is assisted housing in this neighbourhood and a lot of office workers, along with the high-end condos,” van der Leest said. “We realize people will be counting on us to be their grocery store so we have to have regular items as well as gourmet.”

But the list of non-regular items is impressive. There’s a deli with more than 200 international cheeses, along with a wide selection of pates and fresh stuffed pastas.

A gourmet bakery features dozens of fresh artisan-style breads and a Belgian chocolate bar with items created by local chocolatier Wim Tas. The meat and seafood department has unique items like bison, shark and yellow fin tuna.

The store decor itself has a strong West Coast theme, with muted tones that showcase the food.

The exterior landing at the store entrance is stoned aggregate concrete shaped like Stanley Park and a water feature inside features wood from cedar trees in the park that were downed during last year’s powerful storms.

Interior lighting has been designed to resemble birds in flight, ceiling fans are made from fishing rods, vintage postal carts display products and a large table in the restaurant has been made from Stanley Park timber.

The ever-popular sustainability factor has not been forgotten, with heat from the store’s refrigeration equipment circulated through the entire building.

Van der Leest said he has no current plans to open new Urban Fare stores outside Vancouver, although he has been asked to do so several times. An Edmonton Urban Fare store operated from 2001 until 2004, but without generating the sales of its Vancouver counterpart.

“It was a trial on our part to see if we could make it work in a less densely-populated setting,” van der Leest said. “We just didn’t have enough people there to really keep it going the way we wanted.”

He also doubts the Vancouver Urban Fare stores will take business away from each other because he expects they will draw from their own distinct markets.

“When we opened the Yaletown store, we thought there’d be a lot of drivers going there (from other parts of Vancouver) but the parking lot is often quite empty,” van der Leest said. “Most of our traffic is local, walk-in traffic and that’s what we expect to happen with the Coal Harbour store.”

Overwaitea Food Group vice-president Tom Munro said the Coal Harbour market is probably a little older and a little wealthier than the Yaletown market.

Yaletown is a little more of a neighbourhood now but Coal Harbour is growing into a neighbourhood,” he said. “We think this [Coal Harbour] store will have a lot more catering sales and probably more gift basket sales. The yacht trade in the area and the office traffic will also be important factors.”

The new store will employ 185 workers and will be open daily from 6 a.m. until midnight.

© The Vancouver Sun 2007

 

Do Greater Vancouver Property Owners Need Title Insurance

Friday, September 21st, 2007

Other

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Yaletown park to become party zone

Thursday, September 13th, 2007

Damian Inwood
Province

Yaletown’s David Lam Park will be transformed into a 2010 party plaza as part of Vancouver‘s $23-million Olympic “live-site” program.

And about 1.6 million people are expected to attend two downtown Vancouver Winter Games plazas, says a report going to city council Tuesday.

David Lam Park and the old bus depot site at Georgia and Beatty streets will be alcohol-free zones with big-screen TVs, entertainment stages, food outlets and sponsor villages, says the report.

But officials admit the neighbourhood could face noise and disruption. “There will be a lot of . . . impacts on daycare facilities, schools, businesses and the movement of goods that will occur, as well as noise and so forth,” said Dave Rudberg, the city’s Olympic co-ordinator yesterday. “These are all issues to be worked out with the residents and the business owners as we go forward.”

The two plazas will be linked by a “historic trail” along Hamilton and Mainland streets and will be open from 11 a.m. to 11 p.m. during the 17-day Games, says the report.

The Beatty Street site will have a capacity of 10,000, with up to 13,000 at David Lam Park.

City taxpayers will pay $5 million toward the project, with a further $10 million coming from the federal government.

Another $5.9 million will come from merchandising, food and beverage licensing and rentals.

Both venues will have a fenced security perimeter and gates will have airport-style bag-screening devices.

The live sites will have 24-hour remote video-surveillance cameras, closed-circuit monitoring, and surrounding streets will also have video surveillance, says the report.

“We have to plan for a high level of security and, hopefully, we won’t need as much as we plan for,” said Rudberg.

Council will be asked to approve $200,000 to draw up a detailed plan due early next year.

Salvatore Gallo, who co-owns Yaletown Gelato and Espresso Bar, said he won’t be bothered by the upheaval.

“I like the buzz you get from a lot of people,” said Gallo, who has lived at Homer and Davie for 10 years and who walks his dog at David Lam Park. “We have the jazz festival there every year.”

But he said street closures could get annoying and parking will be “hell.”

Annette O’Shea, executive director of the Yaletown Business Improvement Association, was delighted by the news.

“We are very excited,” she said. “Yaletown has been looking at ways of getting involved with the Olympics and this puts us right in the middle of it.”

She said the neighbourhood stages the one-day Yaletown Street Party every year, which attracts between 40,000 and 60,000 people.

“We’re seeing the Olympics as an opportunity to have 17 street parties in a row in February 2010,” she said. “When you bring in 40,000 to 60,000 people to play, everyone wins — restaurants, bars, residents and school kids.”

© The Vancouver Province 2007

 

Embedded in Fairmont

Saturday, September 1st, 2007

Deep underground in one of Vancouver’s most renowned hotels bustles an army of employees serving the guests who stay for a meal, stay for a night — and each other

Denise Ryan
Sun

Behind the scenes of the Fairmont Vancouver Hotel, in-room dining server Cheryl Labrecque heads off with a meal to a guest’s room. Photograph by : Ian Smith, Vancouver Sun

Carlos Sander, a 37-year employee with the Fairmont Hotel Vancouver, stands on the roof of the hotel. As a maintenance engineer, he has to change the light bulbs that shine on the copper roof, replace air filters and other tasks needed to keep the hotel functioning. Photograph by : Stuart Davis, Vancouver Sun

Enter the Fairmont Hotel Vancouver, walk its luxurious carpeted hallways and you’ll get what you pay for — a deluxe stay in the style of what’s called, in the industry, “grand hotel.”

It’s probably as close as any of us will ever get to experiencing how the other half lives.

Polished surfaces. Triple-sheeted beds. Staff.

“Housekeepers” (they used to be called chambermaids) in black uniforms with crisp white aprons that discretely fold your discarded clothes, replace your towels and fluff your pillows.

Dinners that magically appear in your room on trolleys draped in white linen and served on plates covered in silver domes.

Every need and want discretely serviced.

But nothing is ever quite as it seems. Along with the famed ghost, the “lady in red” who is said to haunt a certain elevator, the hotel has its secrets.

In the elevator, you won’t run into a room service trolley or the huge carts that haul the sweaty bed linens, old newspapers and candy wrappers away from your room.

You won’t see the houseman delivering a baby’s crib to the suite where new parents have just checked in.

Staff come and go almost as invisibly as the ghostly lady in red.

Call it upstairs/downstairs, or front end/back end, there are two halves to this old-style hotel, and what you don’t see is, in some ways, more interesting that what you do.

Inside the hotel is another world — a maze of hidden hallways, rooms and elevators that is part command centre, part community centre. It’s a place employees call “the inner city.”

The inner city dips three levels below Burrard Street, houses, clothes and feeds up to 450 employees daily, and comes complete with its own private elevators, offices, change rooms, showers, lounges, kitchens — even a restaurant.

It is here, behind the scenes that the hotel really lives.

Its interior corridors hum with staff, and private service elevators lead to hidden doors that open discretely to the quiet halls of each floor.

The Fairmont Hotel Vancouver’s remarkable exterior face has been a fixture in the city since its completion in 1932 — a green roof made of oxidized copper, and carvings of griffins, flying horses and gargoyles adorn its walls. It was, until 1972, Vancouver‘s tallest building.

And, like its facade, the hotel’s massive city-within-a-hotel design is something — mostly due to the premium cost of space — newer hotels simply don’t have.

A full 35,100 square metres (390,000 sq. feet) are set aside for staff operations.

The hidden community

The way into this world is through a separate entrance close to the breezeway where the valets take guest car keys and usher them into the hotel’s “upstairs.”

At the bottom of the steps that lead to the “downstairs,” a huge billboard displays snapshots staff have taken of themselves celebrating holidays, birthdays and anniversaries.

In this subterranean world, the hallways are worn from the traffic of hundreds of feet. There is no plush carpeting. But there is something just as welcoming — a display of flags representing the 25-plus countries from which the staff hail.

Like domestic “downstairs” staff at an old manor, most of the workers, many of whom are immigrants, are more or less invisible. Guests only experience the comforts they provide. But in the colourful world behind the scenes, everyone has a role and no one is invisible.

Handpainted on the wall above the staff doorway is a sign that reads Through these doors the nicest people pass.

The day staff arrive each morning in two waves, one at 6 a.m., another at 11 a.m. For everyone on shift, the first stop is the uniform room.

Quyen Chaw, affectionately known as “Queenie,” presides over the large shop stocked with sewing machines, industrial presses and laundry.

Taped to the countertop is a friendly note asking staff to please not jump over the counter to grab their uniforms.

Rolling racks of crisp black dresses, white aprons, chef’s jackets, waiter’s black-and-whites and manager’s suits wait to be claimed, fitted or pressed.

In any given day Queenie, who immigrated from Saigon 20 years ago, will sew up a hem on a manager’s skirt, fix a stray button, even do a quick repair for a hotel client.

Queenie’s whole career has been conducted here, below ground and behind the scenes; she services those who service the guests, and she’s happy to do it.

“The people here are like family,” she says, her face splitting into a huge grin. “Better than my real family.”

That may be why, even after retirement, many employees return regularly to dine in the hidden interior restaurant, The Chattery, which is reserved just for staff.

The Chattery, run by its own full-time staff, serves up breakfast, snacks, coffee, hot and cold lunches, and dinners daily. At the Chattery, housekeepers, doormen, housemen, supervisors and managers break bread together.

There are monthly lunches themed to the staff’s different nationalities.

When there’s been a particularly good banquet upstairs, unfinished delicacies are brought down for staff.

Younger members of the 425-strong daily team chill out on leather sofas in a lounge beside the Chattery with a plasma TV and a couple of wired up computers for checking e-mail and surfing the Net.

There is even an internal daily newspaper listing events, VIP guests, weather, staff birthdays.

On the walls of the long hallways that snake maze-like through the subterranean city, a series of bright murals depict employees in all their aspects.

The murals were created by Peter Teo, who worked in the kitchen as a cook for 20 years, retired in 2005 and returned in 2006 to paint the walls.

Smiling broadly in the mural is executive chef Robert Le Crom.

Le Crom, who comes from France, is proud of all the kitchens he runs at the hotel — three main kitchens, plus prep areas — but the pastry kitchen where racks of cinnamon buns cool and a machine churns melted Callebout chocolate for the hand-dipped chocolates, is his pride and joy.

“Pastries are expensive to produce,” he explains, and his hotel is one of the only ones in the city that doesn’t outsource its cakes, croissants and chocolate.

“When you go outside, it all tastes the same, it’s mass production,” says Le Crom.

“Not only do we do it all ourselves, we do volume. Sometimes for a banquet, we do 800 creme brulee. It takes two people all afternoon to blowtorch the sugar on them.”

Le Crom sticks his finger in a chocolate mousse that’s been set aside for him.

“I taste everything. You’ve got to love food,” he says.

Like the rest of the staff, you won’t see Le Crom when you stay here.

Le Crom gestures around the huge kitchen where a chef cracks fresh lobster claws. “You won’t find a back-of-the-house like this one anywhere in the city. Space is too costly now. Staff have barely anywhere to move in the newer hotels.”

Le Crom oversees the 2,500 meals that are served in the hotel each day — he needs the space.

From the downstairs hallways, a private bank of elevators runs the staff up to each floor.

Each staff lift bears a nameplate over the door, and two are named for former staff members.

Louie’s Express is named after Louie Barillaro, a room service captain who started with the hotel in 1947, and retired in 1992.

Over his 45 years, Barillaro delivered 30 room service orders a day, five days a week. He died in 2006.

The Lady Frances is named for Frances Katrina Kay, the licensed operator of the elevator for 32 years, back when it was a manual system.

During her time as the elevator operator, Kay made at least 118,800 trips up and down her elevator car.

These staff elevators truck up the housekeepers and housemen, the room service attendants and the banquet waiters, letting them off at the hidden passageways that connect to the main hallways on each floor.

Irma Bazan, the assistant housekeeper, has worked at the hotel for 19 years, and hails from Peru. Bazan rides the elevators and walks the hidden corridors every day as she supervises all 40 room attendants, ensuring each room is spotless.

It’s one of the hardest jobs in the hotel, and one in which workers are more prone to injury. A 2006 study commissioned by the University of California at San Francisco showed that 75 per cent of hotel room keepers experience work-related pain.

Repetitive stress injuries are an issue for all hotel workers, says Laura Moyes, organizing director for Unite Here, Local 40, which represents 5,000 hotel workers, though not the Fairmont Hotel Vancouver’s employees.

“Higher thread-count sheets can add a pound per sheet; multiply that by three sheets per bed and 15 rooms per shift,” says Moyes. “There are more injuries to hotel workers than coal miners.”

Moyes says that muscular-skeletal disorders are common, and “housekeepers knees” can leave workers with permanent, painful blackspots on their knees.

Strength in numbers

Janice Yuen has been turning down bedsheets as a housekeeper for nine years since coming to Vancouver from Hong Kong.

“It’s a good job,” she says, “but not an easy one. I lost 20 pounds my first six months.”

Burnout is a problem among housekeepers, who truck trolleys laden with fresh towels, linens, toilet paper and cleaning supplies down the down the hallways.

Three times per shift a strong-armed houseman empties the linens from their trolleys, but even so, it’s a hard job, made easier by the occasional dollar bill slipped under a pillow by a customer.

Tips are less than they used to be, at least among Americans since 9/11, but for Yuen, it’s not all about tips.

“When I finish the room nicely, I feel very satisfied,” she says.

In banquets, it’s not unusual to find servers like Helen Cranage setting up to 1,000 tables for a dinner. After 17 years, prepping for and serving a dinner for hundreds or thousands doesn’t faze her.

“I’ve served Bryan Adams, Diana Krall and her family, Bill Clinton.”

She blushes at Clinton‘s name.

“He was very, very charming, very charismatic,” she says.

Serving celebs is one of the perks, says Cranage, who never expected she’d stay so long with the hotel.

But there there seems to be something that keeps the “downstairs” staff of this hotel coming back to work year after year. It may be the ultimate irony that in a hotel, where the visitors upstairs are transitory, the staff is enduring.

The answer could well lie within the walls of the “inner city,” a secret of our city, a place where whole lives are conducted, while upstairs, the guests come and go and eat and sleep, blissfully unaware.

– – –

FAIRMONT HOTEL VANCOUVER BY THE NUMBERS

Hotel’s stars: 4

How many royals have stayed here: 15

Times the Queen has dined at the hotel: 3

Chefs/cooks on shift each day: 40

Meals served each day: 2,500

Meals served in the Chattery each day: 475

Dishes washed in a day: 7,000

Scones baked in a day: 20 dozen

Light bulbs changed in a week: 154

Staff uniformed by Queenie per day: 300

Bed sheets used in a day: 3,500

Longest serving employee: John Giannis, chef de partie, on staff since 1969.

Cumulative years of service hotel staff has at present time: 5,807

© The Vancouver Sun 2007

 

Hockey Player Trever Linden new Vancouver “West” project is partnered up with Formwerks Architectural

Saturday, September 1st, 2007

Iain MacIntyre
Sun

Trevor Linden takes in the view from the top floor of West, a condo development he is a partner in, along with his brother Jamie (bottom right), Jeff Watchorn (bottom middle) and architect Howard Airey. Rob Cadez (bottom left) of Formwerks Architectural is the project manager. Photograph by : Bill Keay, Vancouver Sun

Trevor Linden talks with architect Howard Airey (left), one of the four partners in a new condo development on West 10th Avenue in Vancouver. Airey is the founder of Formwerks Developments and his participation in the project sealed Linden’s involvement. Photograph by : Bill Keay, Vancouver Sun

VANCOUVER – You are Andy Griffith, or at least will think you are when you stroll west on West 10th Avenue, between Trimble and Sasamat streets.

The row of tidy, streetfront businesses on the north side includes, in order, a tea room and bakery, chocolate shop, toy store, a newsstand, barber shop and a small hardware store. Across the street and down a few doors is the library.

When did West Point Grey become Mayberry?

And where the heck is the ice cream parlor and fishing hole? You can even park on the street without needing to rob a panhandler to feed a meter.

Among this quaint lineup of shops is the preview of Trevor Linden’s life after hockey.

Of course, Linden would come to Mayberry. His reputation is every bit as pristine as Sheriff Andy’s and he is more popular among the citizenry.

Linden could do just about anything he wants when he finishes playing hockey with the Vancouver Canucks, probably after this season. We always figured he’d just be premier, unless he aspired to something higher, more noble.

But Linden may be headed to the dark side. And we don’t mean the Toronto Maple Leafs.

Nestled between the hardware store and a bistro, cloaked in black, is the emerging concrete frame of a four-storey retail-and-condominium building called West that represents the 37-year-old’s first foray as a land developer.

“I feel very strongly about what we’re doing,” Linden says, sitting in a sandwich shop a block away from the building site. “I want, at the end of the day, to have had a fun experience. If we make a little money, that would be great. If we break even, that’s the way it goes, but it’s a learning experience. I’ll have had an opportunity to learn and understand what this is all about.”

And be better prepared for his next development project. And the one after that.

Trevor Linden swears he never tires of being Trevor Linden — the autographs and lack of privacy, the iconic status earned in this city through longevity and deeds on and off the ice. The halo to uphold.

But it is clear he longs for something more, too.

“Honestly, I feel so blessed to be a professional athlete, a hockey player, and to have played in this city as long as I have,” he says. “That has never ever ever been a burden to me. Trust me, I don’t particularly enjoy the attention all the time, but it’s what I signed up for. The game has been so good to me.

“But I don’t just want to hang around [in hockey]. I’m not saying I won’t do something in the game, but it has to be something I enjoy, something I feel passionate about.”

He has been passionate about design, about esthetics, for a while, but only now is coming out of the closet. His keenness and knowledge about real estate is better known.

Besides his home on Point Grey Road and the duplex he bought on Kits Point in 1991, three years after he arrived from Medicine Hat, Alta., to help resurrect the Canucks, Linden owns property in Whistler and Westbank and, by all accounts, is as savvy in business as he is in hockey.

Sucker punch root of project

But West could represent a launch point for him, the start of a career outside the game.

He is one of four partners developing the 19-unit project and they make a fascinating foursome.

The project’s catalyst is former Kamloops Blazer junior Jeff Watchorn, although, specifically, the root of the development was a sucker punch he delivered to Jamie Linden, Trevor’s younger brother, during a Western Hockey League game 15 years ago.

“He played for Spokane and I played for Kamloops and he was involved in a fight with Chris Murray,” Watchorn, a 33-year-old investment adviser for CIBC Wood Gundy, recalls with a laugh. “Jamie got bent over the boards and into our bench. I had just got high-sticked in the mouth.

“[Kamloops coach] Tom Renney is behind the bench and he’s yelling ‘nobody touch him, nobody touch him.’ But I was bleeding out of my mouth and all of a sudden Jamie’s head is right there in front of me, so I popped him. I got a penalty and Renney benched me the rest of the game.

“Jamie never knew it was me until I told him when we met at a friend’s wedding [years later]. We just hit it off. We found out we lived in the same neighbourhood and he told me what he was up to, doing renovation work.”

The neighbourhood is part of Point Grey, “West Point Grey” as some of the locals call it.

Watchorn was a Richmond minor-hockey sensation who didn’t become the junior scoring star he was projected to be. He earned a business degree from the University of B.C. and after a failed pro hockey tryout with the minor-league Las Vegas Thunder — “As soon as they cut me, they signed Jamie” — Watchorn went to work in finance.

Eighteen months ago he purchased, with the help of a friend, the property on West 10th.

Watchorn had never done a development but was eager to try and said the parcel of land in his neighbourhood, two blocks from the University Endowment Lands and with views out the back to English Bay, was too good to pass up.

His first call was to Jamie, by then a good friend and skilled tradesman.

“I wanted to put together my dream team,” Watchorn says.

Jamie, 35, suggested they invite Trevor to be a partner, and his older brother knew a guy who could help — local architect and developer Howard Airey, whose Formwerks design and development firm has long been regarded as one of the city’s more progressive.

Airey, who grew up on the west side, liked the concept of building something beautiful and luxurious and lasting that would enrich the neighbourhood. It was the novice partners who gave him pause.

“I didn’t know Jeff and I only knew Jamie a little bit,” the 47-year-old architect says. “Trevor said to me: ‘If you do this, do the design and run the development, then I’m in.’ So I said: ‘If you can vouch for these other guys and tell me they’re stand-up guys, then I’m in.’

“I met Trevor three or four years ago. The first time I talked to him I could tell right away he had more than just a passing interest in design. He is very interested in design and I played hockey very badly. But I can do a little of what he does and he can do a little of what I do.

“He loves real estate. When we go for dinner, we talk a lot more about real estate and design than we do hockey.”

Airey, whose recent developments include Nine on the Park at UBC and Maison farther east on 10th, provides the expertise. Jamie Linden is acting as site manager. Watchorn and Trevor Linden are involved in all decisions.

In the design phase, the four of them visited every new high-end development they could access to see what they liked and what they didn’t. Out of this, to cite one example from Trevor, they decided the one-bedroom units of about 680 square feet should have collapsible, brushed-glass walls between the sleeping and living areas that would allow the space to open up.

“I went into this as a learning experience, to see how the business works,” Trevor says. “I wanted to be as hands-on as possible. It’s a good group of guys and it has been fun. It’s been fascinating to see how much goes into this, whether it be obtaining permits from the city or construction financing, deciding on layout.

“We really wanted this to be a building we could be proud of, so we spent a lot of time looking at ideas, looking at other suites around the city. We really wanted our specs to be high. To be honest, I’d rather have something to be proud of rather than just build something [to make money].”

A unique project

To those of us whose real-estate investment consists of making sure the paycheque is direct-deposited on time to feed the mortgage every two weeks, residential land development seems, well, entirely profit driven. Don’t developers pre-sell what they can for working capital, build as cheaply as possible, then sell what’s left for as much as they can to squeeze every nickel out of the project?

“Some do,” Airey says. “But at Formwerks, everything we’ve done is pretty unique and pretty neighbourhood oriented. At our meetings [for West], there’s not a lot of talk about the bottom line. We don’t want to lose money, but it’s more about trying to improve the community. It’s my neighbourhood, too. I grew up on the west side.

“When you have this many partners, there isn’t as much money to make for each person, anyway. It really is more of a passion.”

Watchorn explains: “Jamie and I live in the neighbourhood. I pass the building every day. A hundred years from now, long after we’re gone, that building will still be there. So we wanted to build something we’d be proud of and that the community would love.”

To that end, Watchorn says, the building will have a weathered brick facade and other heritage touches, “tumbled quartz” counters, glass-block backsplashes, Miele appliances, handmade cabinets and top-end flooring.

Eighteen months into the project, the group plans to start selling units about a month from now. Prices will range from the high-$400,000s to over $1 million for the 1,100-square-foot, two-bedroom penthouse suites with the best views of the ocean and mountains.

“We all love this neighbourhood,” Jamie Linden says, looking north from what will be a third-floor balcony. “You can see Jeff’s house just over there. We didn’t want to do anything subpar. [When developers] pre-sell, they often build cheap, cheap, cheap and just get it done, make their money. We didn’t want do that.

“This is an investment you can see, something you can get excited about. It’s not like investing in a stock; you can’t go to someone and say, ‘Hey, look at my stock. Isn’t it great?’ This is different.”

The Lindens’ grandfather, Nick, started a construction company in Medicine Hat decades ago and their dad, Lane, took it over in 1979.

“I was in my dad’s shop when I was five years old,” Jamie says. “I remember welding when I was six. My dad bought us a car at auction once just so we could take it apart. We couldn’t drive and when we were done, every piece went in the scrap heap. But we got to take it apart and see how everything worked.”

Jamie scuffled around the professional minor leagues for five seasons before turning to construction seven years ago. His first big project was his own: he bought a century-old Point Grey house and completely renovated it.

“My dad came out to see it,” he says. “Nothing had been done to the house. He looked at it and said: ‘You paid $480,000 for this? What a piece of s—.’ That was in 2000. [ Trevor and I] were sort of brought up the same way and have the same outlook, although he’s more conservative.”

Trevor says the brothers don’t bicker because “I do whatever Jamie tells me.”

Airey says it’s easy to see in meetings that his partners, all intensity and enthusiasm and respectful of one another, have spent much of their lives on hockey teams.

Linden even spent one evening on Airey’s beer league team, the Formwerks Hornets.

“Trevor came out and ran one of our practices,” he says. “The guys didn’t know he was coming, so you could imagine their faces when he walked into the dressing room. We did offer him a contract this summer, but he wanted free parking. That was the deal-breaker.”

Front office with Canucks?

Linden, of course, eventually re-signed with the Canucks after a frustrating summer of waiting. It’s a one-year deal for $600,000 US, plus bonuses. Given Linden’s age and the ordeal of re-signing this time, it’s difficult to imagine he’ll play beyond next spring.

And apparently, the widely-held assumption that Linden will slide upon retirement into a front-office job with the Canucks is untrue.

The NHL lockout that scuttled the 2004-05 season forced Linden, the Players’ Association president who engineered the settlement that for this year calls for a staggering $50.3-million-US salary cap, to think about life beyond hockey.

“One of the things that I got from the lockout, grinding over revenue definitions for days and days and days, is I really enjoyed working with so many sharp business people on our side and some bright people on the other side,” Linden says. “And I felt I had a good grasp of things. That was eye-opening to me. It was like a door opening.

“I’ve been so lucky to be involved in the game. It’s been great for me. But I’ve always felt like doing something independent of the game. To do something creative would be neat, something other than just Trevor Linden, the Hockey Player. I admire the guys who have gone on and done something in other areas. Whatever avenue I take, it’s going to be something I feel passionate about.”

And as he said it, Linden’s passion for his contribution to Mayberry was obvious. Maybe they’ll sell ice cream from one of the ground-floor stores. Why wouldn’t Linden be passionate about building?

As Watchorn says: “Real estate is Vancouver‘s other sport.”

© The Vancouver Sun 2007

 

Profit-taking contributes to slide

Tuesday, August 28th, 2007

Existing-home sales in U.S. fell 0.2% last month from June

Province

Townhouses remain on sale in Dallas, Tex., yesterday, as stocks related to natural resources were the worst affected by housing-market news that casts a negative light on the U.S. economy. Photograph by : Reuters

TORONTO — The Toronto Stock Exchange took a moderate retreat yesterday following last week’s impressive gains and some housing-industry numbers in the U.S. that reminded everyone where the recent subprime-mortgage/credit-crunch crisis started.

Profit-taking contributed to the slide as investors cashed in after the S&P/TSX Composite Index posted its best Monday-Friday gain in more than four years the previous week. Yesterday, however, it fell 32.9 points, or 0.2 per cent, to 13,487.43.

The Venture Composite Index was down 6.8 points, or 0.3 per cent, to 2,632.68 while the dollar was down 21 basis points to 94.85 cents US.

In the U.S., the Dow Jones was down 56.74 points, or 0.4 per cent, to 13,322.13. The Nasdaq was down 15.44 points, or 0.6 per cent, to 2,561.25. The S&P 500 Index fell 12.58 points, or 0.9 per cent, to 1,466.79.

There was some negative reaction on Bay Street to a report from the National Association of Realtors that existing-home sales in the U.S. fell 0.2 per cent last month from June, and the supply of unsold single-family homes, at 4.59 million, hit its highest level since 1991.

“The housing market has been a very large part of what has happened in the U.S. over the last little while, whether it be from escalating prices, first of all, and inflation, to all of a sudden the turnaround because of subprime mortgages and a huge number of homes coming up in listings through foreclosures, and a number of other things,” said Fred Ketchen, director of equity trading with Scotia McLeod in Toronto.

As was the case yesterday on the TSX, stocks related to natural resources tended be the worst affected by news that casts a negative light on the U.S. economy, where almost 90 per cent of Canadian exports go.

The metals-and-mining index was down 1.1 per cent. Inmet Mining Corp. stock fell $3.01, or 3.5 per cent, to $83.15. Ivanhoe Mines Ltd. was down 26 cents, or 2.1 per cent, to $11.96.

The materials index was down 0.8 per cent. Potash Corp. of Saskatchewan Inc., the world’s biggest producer of fertilizer, was down $1.61, or 1.8 per cent, to $90.36. Barrick Gold Corp., the biggest gold producer globally, saw its stock fall 83 cents, or 2.4 per cent, to $33.88.

© The Vancouver Province 2007

 

The Burrard Street Bridge It has weathered three-quarters of a century. What’s in store for the future?

Sunday, August 26th, 2007

Matthew Little
Province

There was going to be a rail crossing built under the bridge, but it was cancelled when the Depression hit.

The Burrard Street Bridge opened on July 1, 1932. It had a reported cost of $3 million and was opened by Mayor Louis Taylor.

An archive photo shows the bridge in 1948.

– On the bridge’s opening day, the Vancouver Daily Province showed huge crowds waiting to walk across. The paper had ads for $2 perms and an all-day, round-trip sea-and-rail excursion to Brandywine Falls for $2.50.

– There is a secret stairwell a third of the way from the south end of the bridge that goes down to the Burrard Civic Marina. It was closed because people were living there and someone got mugged.

– The bridge is designed with sleek lines in the Art Deco style. The web of steel that crosses above the centre of the span is hidden from oncoming traffic by the bridge’s signature overhead galleries.

– Bridge engineer and project manager Major J.R. Grant came up with the torches at either end. They were modelled after First World War trench heaters, a tribute to Allied prisoners.

– The heads of the two men atop prows of small boats on the galleries are Capt. George Vancouver and Sir Harry Burrard, a naval friend of Vancouver‘s.

– Art Deco arches hide big steel trusses that protrude from under the bridge. The pillars were built twice the needed size, to emulate mountains.

– The bridge was the first to cross False Creek high enough so ships could travel underneath. An RCAF seaplane wowed the opening-day crowds by flying under the bridge.

– Current plans call for cantilevered “outrigger” bike lanes to be added on the sides for extra bicycle and pedestrian traffic. Opponents say the lanes will ruin the bridge’s Art-Deco styling. The plan is still being developed.

– Because of the “outrigger” plan, the bridge has repeatedly topped Heritage Vancouver’s Top 10 Endangered Sites list.

– The bridge and English Bay can be viewed by one of Canada‘s oldest webcams, mounted in a Telemark Systems office window since 1996. Visit www.katkam.ca to check it out.

– The bridge has been in a TV pilot for the show It’s True, a music video and the movies Shiny New Enemy, Kill Me Later and The Burial Society.

– The Squamish Nation’s plan to erect five billboards at the south end of the bridge is an ongoing controversy. The plan calls for five 11-by-three-metre rotating panel billboards. Each billboard can generate up to $50,000 a year. The plan sparked opposition from residents and city councillors.

– In June 1996, one of the bridge’s six lanes was converted to a bike lane for a week as an experiment. Drivers, irate at the 15-minute delay, flooded city hall with complaints and planned future tests were

cancelled.

– During the test an average of 8,840 fewer cars crossed while 870 more bikers, 200 more walkers and 240 more transit users crossed.

– The bike lane controversy erupted again in 2005, when council voted to turn two lanes into dedicated bike lanes. The project was delayed until after the next civic election, but Mayor Sam Sullivan cancelled it.

© The Vancouver Province 2007

The 77-room Loden Vancouver Hotel scheduled to open this fall

Wednesday, August 22nd, 2007

Bruce Constantineau
Sun

Edel Forristal, general manager of the Loden Hotel, to open at 1139 Melville. Steve Bosch, Vancouver Sun

In the Forristal family, it’s like father, like daughter.

The Kor Hotel Group announced Tuesday that Edel Forristal has become the general manager of the 77-room Loden Vancouver Hotel scheduled to open this fall near Melville and Bute.

She’s clearly a chip off the old block as her father, Denis Forristal, was a popular and longtime general manager of the Westin Bayshore hotel in Vancouver. But it wasn’t always a natural progression from hotel manager’s daughter to hotel manager herself.

“He was so set against any of us [four children] ever doing this because of the hours you have to put in and the fact you get totally wrapped up in it,” Forristal said in an interview. “But once he knew I was really passionate about it, he became my biggest fan.”

She actually had to sneak behind her dad’s back to get her first hotel job in 1980, working in the kitchen at the Westin Bayshore while she was in high school. The chef offered her a summer job but she told him her father wouldn’t stand for it.

“The chef told me not to worry about that and just show up tomorrow and it all worked out,” Forristal said.

Her previous positions have included director of operations at the Terminal City Club & Hotel and food and beverage director as part of the pre-opening team at Four Seasons Whistler. She has also had stints with the Fairmont Hotel Vancouver, the Pan Pacific Hotel Vancouver, the Ramada Renaissance and the Vancouver Convention & Exhibition Centre.

Forristal has clearly earned her stripes on merit but said it didn’t hurt being the daughter of such a well known Vancouver hotelier.

“I’m so proud to be his daughter,” she said. “With his reputation in the Vancouver marketplace, it’s like I have a little golden halo that nobody else in Vancouver has.

“He’s an inspiring guy and I think a lot of that has to do with his traditional Irish approach to hospitality and his real love of people. He certainly shared that with our family.”

Forristal, 43, replaces former Loden general manager David Currell, who was recruited away from the Vancouver hotel project to rejoin his former employer — San Francisco-based Joie de Vivre Hotels.

“You work your whole career for the opportunity to either open hotels or be a general manager and the fact I get to do both here is hugely exciting,” she said. “I’m thrilled at the opportunity.”

Forristal said her mandate is to bring a “new, untraditional approach” to the Vancouver hotel market. She said California-based Kor Hotel Group is well known for creating urban retreats for travelers who don’t want to walk into another “nameless, faceless, cookie-cutter hotel” where they’re just another guest.

“We’re going to create an edge and a contemporary vive that the young dynamic is looking for today — they don’t want to be at the Marriott,” Forristal said.

She said she’s excited at the prospect of three new high-end boutique hotels opening in the same part of Vancouver — Loden (2007), Shangri-La (2008) and Ritz-Carleton (2011).

“It’s absolutely fabulous for Vancouver when you have that kind of luxury product coming into this market and driving room rates. It will really showcase Vancouver as the international destination that it is.”

© The Vancouver Sun 2007

 

Loden luxury boutique hotel in downtown Vancouver

Wednesday, August 22nd, 2007

Luxury hotel management ‘never boring,’ says former pantry girl

Ashley Ford
Province

Edel Forristal is in charge of opening Vancouver’s upscale boutique Loden Hotel. Arlen Redekop – The Province

Like father, like daughter.

Edel Forristal, daughter of legendary Vancouver hotelier Dennis Forristal and former manager of the Bayshore Hotel, has been named general manager of the Loden luxury boutique hotel in downtown Vancouver.

She is one of a small band of women who have managed to rise to the top in Vancouver‘s luxury hotel industry. The 43-year-old did it the old-fashioned way: working her way up from the bottom.

“I started as a pantry girl at the Bayshore, much against my father’s wishes. The chef hired me behind my father’s back and cleared the way for me,” she said yesterday.

It was the start of an enduring romance with wine and food and, finally, the opportunity to run her own hotel.

“And, yes, I really did peel spuds. That is what pantry girls did. But my real forte was carving radish roses. It’s what we did on a Sunday afternoon. You took your paring knife and sat down at a table with others and carved up a 25 pound bag of radishes,” she said.

She also learned how to guarantee that no one claimed the bus seat beside her as she returned to the North Shore after work. “Shortly before I left work each day I would peel the garlic for the next.”

While the food and beverage side consumed her early days in the business, Forristal showed a flair for getting new properties up and running. The Loden will be her third hotel launch and this time she gets to do it on her own.

Forristal vows it will open its doors in late October to early November.

She was active in opening the Pan Pacific Hotel Vancouver and the Four Seasons Whistler.

Other senior roles saw her working at the Fairmont Hotel Vancouver, the Ramada Renaissance Hotel, the Vancouver Convention and Exhibition Centre and as director of operations at Vancouver‘s Terminal City Club & Hotel.

It was at the Pan Pacific where she crossed paths with Susan Gomez, who broke new ground in becoming the first female general manager of a major Vancouver hotel.

Forristal learned a great deal from the skilled and respected Gomez, regarding her as a mentor.

Behind the glitz and glamour of luxury hotels the work can be long, grinding and frenetic.

Forristal knows she will be putting in 18-hour days over the next few weeks to bring her new charge to the market. She is more than up for the challenge. After all, it’s her bread and butter.

“You never clock-watch in this business, because you don’t have time to,” she said. “The one thing about this industry is it is never boring. You never know what or who is going to walk through the door.

“We get that chance every day. It is a vibrant exciting industry and it is a rare day I get everything done I think I will,” she said.

“Getting the chance to build something is simply an amazing opportunity,” she said.

The $35 million, 77-room, 14-storey property includes seven suites, a 1,600-square-foot penthouse suite and lobby restaurant and bar. It’s the first Canadian venture for California-based Kor Hotel Group and is being developed by the Amacon Group of Vancouver.

And does her father offer any advice? “Not much, but he is very proud of me.”

© The Vancouver Province 2007