Posts Tagged ‘News’

B.I.V. – The White Edition: Developers partner to support B.C. Children’s Hospital Foundation

December 15th, 2008
Robert Fung, president of real estate developer Salient Developments Ltd.: “we need now, even more than before, to support communities”

Robert Fung, president of real estate developer Salient Developments Ltd.: “we need now, even more than before, to support communities”

Business In Vancouver – The White Edition
Developers partner to support B.C. Children’s Hospital Foundation
By Peter Mitham

 

Taking care of others shouldn’t be a lost priority when companies are having trouble taking care of themselves. It’s as important as ever for companies to be engaged with the communities where they work, said Robert Fung, president of real estate developer Salient Developments Ltd.

“We need now, even more than before, to support communities,” he said.

Salient, for example, hasn’t backed down from its commitment to support the Building for Kids initiative of the B.C. Children’s Hospital Foundation. (more…)


Video: The Real Estate Channel: Interview with Scott Pettipiece

March 24th, 2007

Ian Watt of the Real Estate Channel interviews our Manager of Sales and Marketing, Scott Pettipiece about some of the upcoming Salient Group projects.

You can see the entire post here.


Vancouver Sun: What’s Up For 2007: Scott Pettipiece

January 18th, 2007
Scott Pettlplece poses In front of Shebeen whisky bar, housed In Gastown's Alhambra Hotel, one of several historic properties being developed as part of a revitalization plan for the area.

Scott Pettlplece poses In front of Shebeen whisky bar, housed In Gastown's Alhambra Hotel, one of several historic properties being developed as part of a revitalization plan for the area.

Vancouver Sun: What’s Up For 2007

Scott Pettipiece, Sales and Marketing Manager, Salient Group
by Jeani Read

Scott Pettipiece is part of big revitalization plans for the heart of Vancouver, so the city and its residents are on his mind for the new year. 

“I think 2007 is the year Vancouverites are going to stop comparing our city to New York or San Francisco and embrace Vancouver for the great city it already is,” he says. “It’s not just a naturally beautiful city where they can hike up a mountain before breakfast, but an urban city filled with a great nightlife and social scene.”

“I think people are going to start migrating toward real estate they feel a connection with, buildings that have history and real presence. I’m helping with the marketing on some of these heritage buildings that are becoming real homes, historic buildings like the Bowman Block, a 100-year-old former warehouse on Beatty Street; the terminus, an old hotel in Gastown; and the Paris Block on Hastings Street.

“For me? I proposed to my girlfriend Natasha on Christmas Eve, at home, after dinner. It was a quiet thing. She’s pretty shy and I’m not the kind of guy to go over the top. But she said yes. We like the idea of a summer wedding.”

Download the article here  (650kb JPG file)

BC Business: A Striking Nature

September 1st, 2006

Bowman Show Suite 1

BC Business: A Striking Nature
The salient group’s unique brand of urban revitalization begins with a plan for a healthy community

Consider Gastown, its cobbled streets, 100-year-old hotels, banks and office buildings – one of the last bastions of Vancouver’s architectural past, a once luxurious neighbourhood now relegated to social housing and tourism, its recent retail life fueled by maple syrup and t-shirts. 

Robert Fung, founder and president of The Salient Group of companies, has a vision for Gastown, a vision that applies equally to any urban neighbourhood where grand old buildings are threatened by neglect and obsolescence. “As a company, Salient acquires, develops and manages residential and commercial properties,” says Fung. “These goals run congruent to our passion, which is urban infill, and the rejuvenation and reinterpretation of our dwindling architectural heritage. We believe that building on a neighbourhood’s existing characteristics enhances the health of a community.” 

”What Robert identified is the concept of critical mass of redevelopment,” explains Gair Williamson, principle of Gair Williamson Architects. “If you can change three, five or six buildings, you begin to change the neighbourhood. It’s a very smart strategy.” According to Mark Ostry of Acton Ostry Architects, the Salient Group strategically picks inner city neighbourhoods in established communities that are without a sense of overall “balance.” Fung, says Ostry, has been very successful in negotiating with city planning departments to add value to the company’s developments. “Philosophically, Salient is very interested in this form of community redevelopment,” says Ostry, “They really try to weave their projects into the existing urban fabric.”

(more…)


Redefining Our Urban Communities in a Salient Way

January 17th, 2006

Business in Vancouver – Redefining Our Urban Communities in a Salient Way

Download the article here (1.3MB Acrobat .pdf file)


New Homes with an Old Face

January 14th, 2006

Vancouver Sun – New Homes with an Old Face

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Robert Fung makes top 40 under 40 list

January 9th, 2006

Robert Fung Top 40 Under 40

Business in Vancouver – Robert Fung Makes 2005 Top 40 Under 40 List.
January 3-9, 2006

President, The Salient Group
Age: 39

When it comes to revitalizing Vancouver’s heritage buildings and the neighborhoods that surround them, Robert Fung is wagering that boutique residential and office space developments are the key to healthy and interesting communities. 

Fung’s development company, The Salient Group, may have been founded in 2000, but Fung’s eight years of experience with Concord Pacific developing False Creek North, followed by his years heading the development arm of Narland Properties, have provided him with a unique sense of purpose. 

“It’s the classic 15-year overnight success,” said Fung. “But really it’s just a very sincere appreciation of Vancouver, its heritage buildings and resurrecting them in a way that accommodates demand but is also very quality oriented.” 

Salient’s financed project values have grown from around $8 million in 2003 to about $110 million currently, according to Fung. The company has also grown to eight staff. 

Salient’s projects include the development of the Taylor Building in Gastown, the redevelopment of the Flack Block at Hastings and Cambie Streets and the Bowman Block, formerly the Marquise Block, near the Sun Tower building. Salient is also developing two residential projects in Point Grey Village. 

“This is probably the biggest growth year we’ve had in terms of getting projects financed. Next year is going to be our biggest in terms of bringing the product to the market,” said Fung. “We’re probably looking at bringing 150 to 200 condo and apartment suites into the market and a lot of office space.” 

Fung also plans to roll out a non-profit component to Salient in 2006, which donates storefront retail space to artists to display their works. 

Profession you would like to try: F1 driver 
Favourite movie: Apocalypse Now 
Favourite restaurant: En 
Mentor: Milton Wong, Paul Lee and Stanley Kwok 
Currently reading: Global City Blues by Daniel Solomon 
Toughest decision: How much to give away and what does it cost? 
Car or chosen mode of transport: Land Rover 
Birthplace: Toronto, Ont. 
Last CD bought or music downloaded: Ray Charles: Anthology and Pearl Jam: Live at Benaroya Hall 
Education: BA in Anthropology, University of Western Ontario 
What’s left to do: Everything else 

 

Download the article here (173KB Acrobat .pdf file)