BUILT The Jukebox Uses: condo, commercial Address: 1029 View Street Municipality: Victoria Region: Downtown Victoria Storeys: 9 Condo units: (studio/bachelor, 1BR, 2BR, 1BR + den) Sales status: sold out / resales only |
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[Downtown Victoria] Jukebox | Condos; commercial | 9-storeys | Built - completed in 2019
#481
Posted 17 April 2017 - 02:44 PM
- Nparker and 2F2R like this
#482
Posted 18 April 2017 - 09:00 AM
Condos.
Are they not doing pre-sales?
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#483
Posted 18 April 2017 - 09:13 AM
Is it a condo, a rental, a chopsticks factory? Who knows for sure what the final design is..
Yet in the end they'll sell out having spent the bare minimum on marketing.
- thundergun likes this
#484
Posted 18 April 2017 - 09:22 AM
I was told there were going to roll out a low-key online marketing plan back in February but if you search online all you'll find are Google ads for Otto and Yates On Yates.
#485
Posted 18 April 2017 - 09:31 AM
Truly one of the most mysterious developments we've seen in a long time.
Is it a condo, a rental, a chopsticks factory? Who knows for sure what the final design is..
Yet in the end they'll sell out having spent the bare minimum on marketing.
Honestly, I don't understand why more developers don't do it. Spend zero on marketing/sales, finish the building and sell? I guess the fear is getting caught in a down market. Just seems everyone has left a fortune on the table pre-selling; Encore, Legato, etc.....units at Janion are selling for approx. double pre-sale prices.
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#486
Posted 18 April 2017 - 09:33 AM
Honestly, I don't understand why more developers don't do it. Spend zero on marketing/sales, finish the building and sell? I guess the fear is getting caught in a down market. Just seems everyone has left a fortune on the table pre-selling; Encore, Legato, etc.....units at Janion are selling for approx. double pre-sale prices.
I think Austin Hamilton played it that way.
#487
Posted 18 April 2017 - 09:53 AM
Banks won't let developers finance that way, even in a hot market. I think we all remember the loss HSBC saw when they blindly put their money behind Bear Mountain only to eventually have to write their mistake down as their largest loss in North America (for that time-range, at least).
Developers do not necessarily need pre-sales to start digging in this market, as we saw with 595 Pandora, as we're seeing with Customs House and Jukebox, but they will not finance a building through to completion and then start selling.
- Nparker likes this
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#488
Posted 18 April 2017 - 10:56 AM
Honestly, I don't understand why more developers don't do it. Spend zero on marketing/sales, finish the building and sell? I guess the fear is getting caught in a down market. Just seems everyone has left a fortune on the table pre-selling; Encore, Legato, etc.....units at Janion are selling for approx. double pre-sale prices.
Risk mitigation. Why do you think hedging is such a popular tool?
#490
Posted 22 April 2017 - 09:31 PM
It's certainly one of the funkier designs currently in development.
- DavidSchell likes this
#491
Posted 23 April 2017 - 07:55 AM
- aastra and Nparker like this
#492
Posted 23 April 2017 - 08:11 AM
I only wish Jukebox had more curves and eccentricities. I know it's not especially practical, but more curves and more non-90 degree angles would be nice to see in future projects throughout the downtown.
#493
Posted 23 April 2017 - 08:56 AM
I like that idea Rob but I think that the challenge is between having building form dictate a neighbourhood versus having it reflect a neighbourhood. I think it would be hard to see Harris Green as wacky though... Perhaps when downtown has expanded into Fernwood???
#494
Posted 23 April 2017 - 09:30 AM
Here we go:
http://jukeboxvictoria.com/
#495
Posted 23 April 2017 - 09:51 AM
...Here we go: http://jukeboxvictoria.com/
That was fun, but it would be nice to lean a little more about the project itself.
#496
Posted 23 April 2017 - 10:51 AM
I agree, unfortunately funky or daring are not terms particularly synonymous with architecture in this town. I like the fact Jukebox will be different and not just another box or "cube".
Here are some examples of truly inspired and cutting edge architecture from India, some approved and under construction, some still in the concept stage - above all I especially like how they've taken and built upon "traditional" styles of Indian architecture but were not afraid to update and infuse them with entirely contemporary 21st century design elements. The result, as in other global cities like Barcelona, is some unbelievably pleasing architectural form - oh to dream that we would be capable of something like this in our little burgh, albeit on a more minute, micro scale...
http://www.cnn.com/2...osis/index.html
#498
Posted 24 April 2017 - 07:24 PM
#499
Posted 24 April 2017 - 10:12 PM
- Baro likes this
#500
Posted 25 April 2017 - 07:41 AM
...it would be nice to lean a little more about the project itself.
It would certainly put a different slant on this discussion.
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