Most people are well aware of the three towers that are going up at the Yaletown Park development (remember the lineups?). The first two buildings sold out more than one year ago, and the third was sold out more recently.
By now, constructruction is well underway at the site, with Yaletown 1 (pictured above) set to top off soon, while Yaletown 2 (below) looks to have about 10 storeys built so far.
Once they're completed in 2006 and 2007, the three buildings will add 735 new condos to the Downtown South (aka Yaletown) market. The buildings' heights will range from 30 floors (265 feet) to 34 floors (300 feet), with Yaletown 2 being the tallest of the three.
In addition to the three new towers, the development will also be bringing new park space to the neighborhood. Situated on the corner of Nelson and Mainland, Yaletown Park will join Emery Barnes Park as the latest green refuge in the area.
According to the initial Parks Board recommendation (pdf format) from 2003, the 0.4 acre Yaletown Park will reflect the character of the surrounding neighborhood, and will become a potential place to host community events such as street fairs and lunchtime concerts.
Like the pre-construction frenzy that saw most of Yaletown Park's condos sold within a few short hours, Vancouver's homeless have reportedly lined up and laid claim to the park's premier seating facilities in advance as well, with some speculators snapping up as many as three benches at a time.
