
Vancouver's amazing waterfront project is finally starting to show more than just a bunch a fifty foot deep holes. Tower cranes mark the beginning of the rise of tall buildings and the start of some 3300 living units planned for the north shore of the Mighty Columbia River. This $1.5 billion development will be a mixed use of commercial, office, retail, public parks and residential. Over the next 5-7 years it will build out into a world class waterfront.
Many of these units will be offered with exclusive views of the river, Mt. Hood, and the downtown skyline. At first they may seem expensive but often is the case these things will soon become in tight supply. There is a very finite amount of Columbia River waterfront available on either side.
I am already anticipating the first showings as some may be available as early as next fall. Once the cranes arrive the structure goes up pretty quick.
Urban condos however are not for the feint of heart. These units can be rather spendy and the volatility factor in the urban condo market is a bit more of an ebb and tide than traditional single family homes in the 'burbs. There is a serious pent-up demand for apartments and condos as the millennial generation is much more warm to the idea of condo/apartment living than their Baby Boomer/Gen X parents were before them.

Correction, according to an official comment from Gramor total build-out of this project is expected over ten years.
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