Showing posts with label pitt meadows. Show all posts
Showing posts with label pitt meadows. Show all posts

Tuesday, January 23, 2007

Homebuyers line up in Pitt Meadows

An article in the local press about a Real Estate development in Pitt Meadows.

By Monisha Martins
Maple Ridge News, Staff Reporter
Jan 20 2007

Steve Devantier pokes his head out of a tent pitched on a sidewalk beside a mud-stained snow bank. Equipped with a chess board and a slew of board games like Taboo and Dirty Minds, he's prepared for the three day wait. On Wednesday, Devantier staked his spot, third in line, for a row home in the new Pitt Meadows development, Osprey. Just 17 of the red-brick colonial-style houses are being released for sale at noon today by Mosaic Homes. "I can sit out in the rain and snow if it means a mortgage that's $20,000 less," Devantier said. He arrived early because he heard people were lining up. "I don't want to be the fifth person in line, I might not get the place I want," he said. Ahead of him, first in line was Pat Lord, braving the cold and rain for her daughter Stephanie who has her eye on a two-bedroom unit. "She has done a lot of looking and this was affordable, a good location and close to shop," Lord said.

The 87 row homes in Coho Chapter II are set in the "village of Osprey", a new development near the Fraser River between Harris and Bonson Road. Up to 450 homes are planned in the community. It's the first time people lined up three days in advance, said Mosaic Homes sales and marketing manager Andrea Camp. "One of the main draws, apart from the location which is a beautiful setting, is I think people recognize the rarity of these homes," Camp added. "This old world, tumbled red brick facade is seen as beautiful and rare." With a starting price of $289,000, the homes are hard to resist for first-time buyers. "That's a very desirable starting rice," Camp said. "But there are not too many homes at that price."

Mosaic expects the homes to be built by September. The subdivision will eventually include a commercial village with small shops, a chapel as well as a pier. Camp said the commercial space will be built by next Christmas. Mosaic Homes bought the property from International Forest Products which ran a sawmill on the site until 1996. A small part of the site, in the south-east corner, required soil remediation because it was used as a location for applying wood preservative.
http://www.mosaichomes.com/osprey/cohotwo/home.html

Here is another example of a reclaimed mill site along the Fraser River, similar to the Bedford Landing development in Langley, being used for residential development. Apparently we don't have those lumber industry jobs anymore so we just build houses on our industrial land. Where do all of these people work? Where are the jobs? Schools? Roads? Is the land safe from flooding, contamination, and erosion?