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Building Info
Green House by Concord Pacific - 5895 Barker Ave, Burnaby, BC V5H 2P2, Canada. Situated at crossroad Baker Avenue and Olive Avenue in the neighbourhood of Metrotown, Burnaby South. Comprise of 299 beautiful condo units in a 43 stories tower building. The latest masterpiece by Canada's largest community-builder, Concord Pacific. Conceptualized as a modern-day facsimile of the French orangeries of old, this one-of-a-kind project was created in harmony with nature down to the last detail.
Enjoy the world of enchanting ambiance at Greenhouse and immerse yourself in the captivating beauty of Central Park, just a stone's throw away. With 220 acres of lush greenery as your backyard, tranquility is at your doorstep. For a change of pace, the vibrant heart of Burnaby's city centre awaits, offering province's largest shopping mall, the Bob Prittie Library, and easy access to the Patterson Skytrain station. Embrace the perfect blend of natural serenity and urban excitement at Greenhouse.
Offers a splendid blend of modern amenities with a touch of European regal elegance. Unwind in the serene Crystalline Pool, relax at the Fountain Pavilion as you listen to the gentle flow of water, set amid lush foliage and captivating floral aromas, host a tea party in the elegant dining hall with family and friends. Whether seeking leisure or relaxation, Greenhouse is the perfect destination to fulfill your desires.
Official Website: www.concordgreenhouse.com Phone: 604-435-1383 Sales Address: 4750 Kingsway, Burnaby, BC, Canada
Strata Sub Categories: Strata Condos
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.