Sophistication. Elegance. Come home to both at Aspac’s River Green ›› p.5 May 20, 2010 TRICIA LESLIE April was a strong month for new home construction in the Vancouver Census Metropolitan Area, according to Canada Mortgage and Housing Corporation. Concrete was poured for 1,260 residen- tial units throughout the month in the region, CMHC reports, while starts for single-detached units stayed strong, com- prising 35 per cent of total starts, most of which were in Surrey. Condo apartment starts totalled 525 units and were primarily in Surrey, the City of Vancouver and North Vancouver. “is year, we are see- ing an increase in rental units, some of which are laneway housing,” notes CMHC senior market analyst Robyn Adamache. For the year thus far, rental units as a share of new housing starts in the Vancouver CMA are about 9.3 per cent, compared to just 3.3 per cent a year ago. Most of the 415 new rental construction projects are traditional multiple-unit rental buildings and about 35 are laneway housing. e majority of the laneway housing dwellings are located in Vancouver. “We do expect the rental market to im- prove this year,” Adamache says. “Given the aging stock of rental units in the CMA, the increase in new rental hous- ing projects is timely.” In the Abbotsford CMA, 55 homes were started during April, compared to 65 at the same time last year. Provincial housing starts in urban areas Strong new home starts in April: CMHC Vancouver laneway housing means more new rental units in the city MAGGIE CALLOWAY Traditionally, we all lived in urban villages. Schools, factories, shops, services and homes all shared a common geographic location. In the 19th century, families didn’t have cars and so relied on public transportation or, more likely, walked to jobs, schools, etc. Now, everyone seems to acknowledge that this is the preferred way to live: an eco-sensi- tive lifestyle, and a less stressful one. It’s interesting that in this modern world of high-speed everything, we are using our grandparents’ way of life as the model for our future. Some people are even digging up grandmother’s recipes for housecleaning products using readily available, non-toxic ingredients. We may be Twittering, e-mailing and Face- booking, but overall, we seem to be moving toward a simpler pace of life. Over the past 50 years, homebuilding has gone from massive expansion of the sub- urbs to high-density highrise living, both of which, for the most part, are dependent on the car for just about everything. It is only in the past dozen or so years that downtown condo living has been supported by a variety of retail and other businesses within walking distance. Urban village living is a hybrid of both styles. Built on the outskirts of cities, even in what was once the essence of suburbia, we Life can be a village in Metro Vancouver CONTINUED ON P.2 Robyn Adamache From yoga to Kins Farm market to cafés and fresh fish, Port Moody’s NewPort Village offers a sustain- able, urban village lifestyle to its residents. Rob Newell photos Urban village living CONTINUED ON P.2
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Sophistication. Elegance. Come home to both at Aspac’s River Green ›› p.5
May 20, 2010
TRICIA LESLIE
April was a strong month for new home construction in the Vancouver Census Metropolitan Area, according to Canada Mortgage and Housing Corporation.
Concrete was poured for 1,260 residen-tial units throughout the month in the region, CMHC reports, while starts for single-detached units stayed strong, com-prising 35 per cent of total starts, most of which were in Surrey.
Condo apartment starts totalled 525 units and were primarily in Surrey, the City of Vancouver and North Vancouver.
“This year, we are see-ing an increase in rental units, some of which are laneway housing,” notes CMHC senior market analyst Robyn Adamache.
For the year thus far, rental units as a share of new housing starts in the Vancouver CMA are
about 9.3 per cent, compared to just 3.3 per cent a year ago. Most of the 415 new rental construction projects are traditional multiple-unit rental buildings and about 35 are laneway housing.
The majority of the laneway housing dwellings are located in Vancouver.
“We do expect the rental market to im-prove this year,” Adamache says.
“Given the aging stock of rental units in the CMA, the increase in new rental hous-ing projects is timely.”
In the Abbotsford CMA, 55 homes were started during April, compared to 65 at the same time last year.
Provincial housing starts in urban areas
Strong new home starts in April: CMHCVancouver laneway housing means more new rental units in the city
MAGGIE CALLOWAY
Traditionally, we all lived in urban villages.Schools, factories, shops, services and
homes all shared a common geographic location.
In the 19th century, families didn’t have cars and so relied on public transportation or, more likely, walked to jobs, schools, etc.
Now, everyone seems to acknowledge that this is the preferred way to live: an eco-sensi-tive lifestyle, and a less stressful one.
It’s interesting that in this modern world of high-speed everything, we are using our grandparents’ way of life as the model for our future. Some people are even digging up grandmother’s recipes for housecleaning products using readily available, non-toxic ingredients.
We may be Twittering, e-mailing and Face-booking, but overall, we seem to be moving toward a simpler pace of life.
Over the past 50 years, homebuilding has gone from massive expansion of the sub-
urbs to high-density highrise living, both of which, for the most part, are dependent on the car for just about everything.
It is only in the past dozen or so years that downtown condo living has been supported by a variety of retail and other businesses
within walking distance.Urban village living is a hybrid of both
styles. Built on the outskirts of cities, even in what was once the essence of suburbia, we
Life can be a village in Metro Vancouver
CONTINUED ON P.2
Robyn Adamache
From yoga to Kins Farm market to cafés and fresh fish, Port Moody’s NewPort Village offers a sustain-able, urban village lifestyle to its residents. Rob Newell photos
New Local Home is published once a week by Black Press Group Ltd. (Suite 309 - 5460 152 Street, Surrey, B.C. V3S 5J9) 350,000 copies are distributed free across Metro Vancouver. Reproduction in whole or part is prohibited.
Starts edge higher across the countryCONTINUED FROM P.1
Junior Achievement of British Columbia in-ducted four business and community leaders into the Business Laureates of B.C. Hall of Fame Wednesday night in Vancouver.Alex A. Campbell, co-founder and chairman emeritus of Thrifty Foods and Robert (Bob) H. Lee, chairman of Prospero Group, were inducted at the gala event.Two 2010 inductees were honoured posthu-mously: Pacific Meat Company’s Jack Dia-mond and former real estate developer John (Jack) W. Poole, chairman, VANOC board of directors. Black Press president and CEO David Black was inducted into the Business Laure-ates of B.C. Hall of Fame last year.
Business Laureates gala
Chris Dunphy, co-owner of NewPort Village’s Kula Yoga, specifically chose an urban village lifestyle. Rob Newell photos
Inlet Seafood owner Malcom McMillan loves the lifestyle at NewPort Village.
rose to 25,600 units (seasonally adjusted at annual rates) in April, up from 22,000 in March.
At the national level, total housing starts reached 201,700 units SAAR in April from 199,200 units a month prior.
“Higher multiple starts were nearly offset by a decline in single starts and rural-areas starts in April,” says CMHC chief economist Bob Dugan.
“As a result, total housing starts edged higher in April.”
Urban starts increased by 5.1 per cent SAAR to 182,500 units in April across the country, while urban multiple starts increased by by 27.2 per cent to 98,600 units, while single urban starts de-creased by 12.7 per cent to 83,900 units, CMHC reports.
now have clusters of medium-density devel-opments with mixed zoning, such as condo developments built around a core of retail shops and services.
Unlike in our grandparents’ time, it is also essential to provide good transportation links to jobs to reduce car reliance and promote cycling and walking.
The other advantage of the urban village is the sense of community they promote, as resi-dents interact while shopping and recreating.
A successful local example of an urban vil-lage is NewPort Village in Port Moody.
Retail stores – carefully balanced to include a grocery store, coffee shop, butcher, baker and fish monger – and services such as bank-ing, insurance, doctor and dentist are readily available.
Not to ignore the physical, the village has Kula Yoga and Runners Den, all surrounded by condos.
NewPort Village has been a success since it was built because the developer carefully considered every aspect of what makes a community thrive.
Chris Dunphy, co-owner of Kula Yoga, is a perfect example of a per-son who deliberately sought out the lifestyle an urban village provides.
“I spent years working as a financial adviser with a large bank, a stressful profession in itself, and be-tween the stress of the job and the equally
stressful commute, life was not unfolding well,” Dunphy says.
“I made a conscious decision to find a home and a job that would bring me a sense
of community instead of isolation, and I knew I had found what I was looking for when I saw NewPort Village.”
Dunphy and co-owner Karen MacKenzie opened Kula Yoga four-
and-a-half years ago, and Dunphy bought his home just a five-minute
walk away from the studio.
“I pick up my daily groceries in the village after work, say ‘hello’ to my fellow merchants, stop and chat with people on the street and ar-rive home refreshed and stress-free,” he says.
“We are part of a tight community here and constantly support each other. My decision to change my life has far exceeded my expecta-tions.”
Malcolm McMillan, owner of Inlet Seafood in NewPort Village, says the village is a great place to be with customers, both local and from as far away as New Westminster and Maple Ridge; they always seem to be happy, smiling people who are looking for an alter-native to the usual big-box and impersonal stores.
“I find customers want to know who they are dealing with. They are very conscious, in my business, of where the fish came from, and is it sustainable,” McMillan says.
“This same attitude is here in a broader sense, with people wanting to live close to where they work and shop.”
Elsewhere in Metro Vancouver, develop-ments such as Morgan Crossing and High Street in South Surrey are striving for the same ideal: urban village living, with work, retail, business, parks and recreational oppor-tunities all within walking distance.
In Vancouver, several neighbourhoods – including Yaletown – could be described as urban villages, since there are so many shops, businesses and services within walking distance.
And so, ‘everything old is new again.’For more than a century, North Americans
have sprawled out because there has been unlimited room, unlike our European cousins, but even as the room to grow becomes less, it is more apparent that today’s homebuy-ers want to live in eco-friendly, sustainable neighbourhoods where community is more than just a word.
“I arrive home refreshedand stress-free”Off the front: “We are a part of a tight community here and constantly support each other.” – Chris DunphyCONTINUED FROM P.1
Customers relax in the sun at Port Moody’s NewPort Village, above. Rob Newell photos
VILLAGE LIVING
New Local Home | May 20, 2010 • 3
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Upscale and chic: River Green
If you love Vancouver’s upscale Coal Harbour, with its sophisticated mix of resi-dences, water, marinas and shopping, you will love Aspac Developments’ Richmond project, River Green.
Like Coal Harbour, which was redevel-oped into a posh condominium district in the 1990s, River Green is a multi-year project, expected to take between 10 to 15 years to build the full 2,600 luxury units on 28 acres.
The setting couldn’t be more beautiful for this vibrant neighbourhood of river-front homes.
The first stage, designed by internation-ally celebrated architect James Cheng, will consist of 458 units in six buildings ranging from 700 square feet to 4,000-sq.-ft.-penthouses; homes are expected to be ready for occupancy by 2012.
These homes will be part of a neighbour-hood of tree-lined boulevards, extensive landscaping, expansive lobbies, private islands, water gardens, public art, 24-hour concierge service and floor-to-ceiling windows, making River Green an elegant, sophisticated place to live.
“River Green will demonstrate our com-mitment not to just building exceptional homes, but to building great communities as well,” says Aspac director Richard Li.
Think Coal Harbour ... but in Richmond
An artist’s rendering shows what Aspac’s River Green community will look like, upon completion.CONTINUED ON P.6
6 • New Local Home | May 20, 2010
Waterfront community in the making
“As the most spectacular venue of the 2010 Winter Games, the Richmond Oval brought a significant amount of attention to Richmond and to this neighbourhood in particular,” Li says.
“One of the legacies of these Games will be this beautiful new waterfront community, which will make Richmond synonymous with a healthy and vibrant quality of life.”
River Green is perfectly situated, not just for an exceptional lifestyle; it is convenient to Vancouver International Airport, the Canada-U.S. border and TransLink’s Canada Line SkyTrain route, and it’s an easy com-mute to downtown Vancouver.
All the homes in River Green will be built at or above dike level, with tiered residences stepping down to the water. This design was chosen to maximize views of both the Fraser River and the coastal mountains.
The entire River Green community will be built with the upmost care to LEED Silver standards; LEED Canada for homes is a rating system that promotes the design and construction of high-performance green homes. A green home uses less energy, water and natural resources; creates less waste; and is healthier and more comfortable for the occupants.
The Richmond Oval. part of the commu-nity, is one of the largest sports and wellness centres in North America and offers an
Healthy lifestyle comes naturallyCONTINUED FROM P.5
CONTINUED ON P.7 Living a healthy, active lifestyle is easy at River Green, especially with a waterfront walkway fronting the Fraser River.
New Local Home | May 20, 2010 • 7
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Aspac Developments Ltd. has turned over the marketing of River Green to Magnum Projects from a $9-million story centre next to the Oval.
“We’ve seen that the global demand for property in Metro Vancouver, which was already high before the Olympics, has grown even more,” says Magnum Projects principal George Wong.
“We believe River Green’s attention to detail and quality, along with its spec-tacular waterfront setting, unobstructed views of the North Shore mountains, and its location quite literally in the centre of Metro Vancouver, will make this Rich-mond neighbourhood one of the most sought-after properties in the Lower Mainland.”
Visit www.rivergreen.com for details.
CONTINUED FROM P.6
Come home to chic elegance
Sophisticated and stylish, the homes at River Green feature close attention to detail and quality, along with stunning views in a great location.
8 • New Local Home | May 20, 2010
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