Downtown @ Vancouver

British Columbia's fastest growing high end real estate market has been in the Downtown core of Vancouver. Hard to believe but true. With the massive influx of foreign money and interest, the natural idea is to buy at the heart of the province's business center, which is Downtown. Tens of high end buildings are being built with dozens lined up after them. It was One Wall Centre first in the late 90's and then the Shaw Tower and now it is One Harbour Green, Callisto, Carina, Cascina, Two & Three Harbour Green to come and many more - not to mention the Shangri-La which will be completed in 2008. Traditionally residential towers in Vancouver did not precede the 25 to 30 floor rule, but with One Wall Centre first pushing at nearly 50 floors, the Shaw Tower at also 50 floors and the Shangri-La at 60, there seems to be no end in sight for this boom. We all thought this boom was limited to the beautiful shores of Downtown in Coal Harbour, West End and Yale Town but no, the actual business core is feeling it too. Shangri-La is in the absolute core, so are the Wall Centre buildings and many more are planned for right along West Georgia. Downtown Vancouver has the highest concentration of high-rise buildings per capita in the entire North America - yes more than New York! With prices ranging from $500 to nearly $2,000 per foot, it sure looks like the Upper East Side, just smaller, but with ten times the views.

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