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Proposed Nanaimo Hilton Tower

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#61 spanky123

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Posted 14 August 2014 - 04:43 PM

Victoria couldn't make the fast ferry work to Vancouver 20+ years ago and it had 300k+ population

 

Someone is smoking that wacky tobacco and coming up with these ideas

 

And there were far fewer environmental and safety regulations back then as well.



#62 Nanaimoite

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Posted 14 August 2014 - 04:46 PM

The commuters that this ferry is trying to attract are those that are maybe have an office based in vancouver, but have to only go in maybe three times a week, (can use home computer), the way people to business has changed since the last ferry was running, also , the Canucks now play in a downtown arena, much easier for people to go over to catch a game, and be back home the same night.
Lots has changed on both sides of the water in the almost decade since the last service ran

#63 jonny

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Posted 15 August 2014 - 08:02 AM

The operating cost of these suckers is going to be pretty high. Crew, diesel fuel, and R&M are all very expensive. My guess is these will cost somewhere around $4,000 per hour.

 

$4,000 divided by $25 equals a lot of tickets that need to be sold just to break even.



#64 spanky123

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Posted 15 August 2014 - 08:26 AM

The commuters that this ferry is trying to attract are those that are maybe have an office based in vancouver, but have to only go in maybe three times a week, (can use home computer), the way people to business has changed since the last ferry was running, also , the Canucks now play in a downtown arena, much easier for people to go over to catch a game, and be back home the same night.
Lots has changed on both sides of the water in the almost decade since the last service ran

 

No question that there is some demand. Study after study has yielded the same outcome though. Transit time ahs to be 60 min or less, price has to be $25 or less and any company needs at least $25M in cash to cover initial startup and operation costs. Maybe these new guys can do all of that, but a facebook and twitter link and a mandate to be up and running by March 1st when they are starting from scratch doesn't give me a lot of confidence.



#65 LJ

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Posted 15 August 2014 - 07:12 PM

Maybe they know something about a bridge being built. Maybe they are going to build one. House prices in Nanaimo would double overnight.


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#66 concorde

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Posted 16 August 2014 - 06:21 AM

The commuters that this ferry is trying to attract are those that are maybe have an office based in vancouver, but have to only go in maybe three times a week, (can use home computer), the way people to business has changed since the last ferry was running, also , the Canucks now play in a downtown arena, much easier for people to go over to catch a game, and be back home the same night.
Lots has changed on both sides of the water in the almost decade since the last service ran

I am still confused, what has changed since the last fast ferry stopped running 8 years ago?  Commuters were there and didn't the Canucks play in GM Place then too?  On top of that the economy is generally a lot worse than what it was 8 years ago



#67 spanky123

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Posted 16 August 2014 - 08:11 AM

I am still confused, what has changed since the last fast ferry stopped running 8 years ago?  Commuters were there and didn't the Canucks play in GM Place then too?  On top of that the economy is generally a lot worse than what it was 8 years ago

 

The previously operators claimed that the ferry itself was 'operationally profitable' but that they did not have the financial resources to cover unexpected costs and the startup period. That sounds to me like incredibly bad planning but taken at its face it sounds like a route could make some money.



#68 Nanaimoite

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Posted 17 August 2014 - 09:15 AM

I can't wait to see two highrise cranes on the nanaimo skyline

#69 Nanaimoite

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Posted 17 August 2014 - 09:16 AM

Maybe they know something about a bridge being built. Maybe they are going to build one. House prices in Nanaimo would double overnight.


Yes they would double over night, technically Nanaimo is the same distance from Downtown Vancouver as eastern Surrey/ west Langley.

Edited by Nanaimoite, 17 August 2014 - 09:18 AM.


#70 lanforod

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Posted 17 August 2014 - 12:30 PM

A multibillion dollar bridge. Doesn't make sense.

#71 Mike K.

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Posted 17 August 2014 - 02:41 PM

No no there won't be a bridge. We'd have heard of this plan a decade out. Anything requiring federal, provincial and municipal approvals takes many years just in that phase alone, never mind the engineering, the public consultation, etc.

As for construction I wouldn't expect the Hilton to move forward until 2016. It'll take some time between receiving approvals and digging a hole in the ground.

I too wonder why they're going 100% hotel unless there's a timeshare element to the tower or condos are indeed being mulled.

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#72 concorde

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Posted 17 August 2014 - 07:21 PM

^FYI the hole is already dug



#73 D.L.

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Posted 17 August 2014 - 07:25 PM

I'm pretty sure it's been mentioned in the news that the Hilton would have condos or timeshare units



#74 Mike K.

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Posted 18 August 2014 - 06:36 AM

Ah, ok so there will be a presales period of some sort.

@concorde, they've already excavated the foundation for a 31-storey tower?

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#75 Nanaimoite

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Posted 18 August 2014 - 08:12 AM

I'm pretty sure it's been mentioned in the news that the Hilton would have condos or timeshare units

actually the developer was asked this by a councillor at last Mondays council meeting, they developer said these will not be time share or sold

it will be solely a hotel



#76 Nanaimoite

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Posted 18 August 2014 - 08:14 AM

Ah, ok so there will be a presales period of some sort.

@concorde, they've already excavated the foundation for a 31-storey tower?

the pit was already excavated for the previous Sea Walk condo tower proposal



#77 Nanaimoite

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Posted 18 August 2014 - 08:16 AM

With most of the excavation previously done, The Hilton Hotel project should be able to get going pretty quickly once they get the go ahead



#78 Mike K.

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Posted 18 August 2014 - 08:33 AM

Typically once the go-ahead is given the working drawings must be drafted and only then will the project go to tender. This can take a very long time for a tower of that size. My guess is a construction start in 2016.

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#79 VicHockeyFan

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Posted 20 August 2014 - 04:06 PM

http://www.marinelin...inal375336.aspx

 

First Container Ship Call at Duke Point Terminal, Nanaimo
By George Backwell
Tuesday, August 19, 2014
 

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#80 Nanaimoite

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Posted 05 September 2014 - 07:54 AM

The hotel passed third reading last night, for it's re-zoning

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