October 26th, 2008
Annex Open To Some Lofty Ideas
Paris Phase Two: Brand new homes in Gastown, next to Woodward’s site
Kate Webb, The Province
Published: Sunday, October 26, 2008
What: Paris Annex
Where: 53 West Hastings, Vancouver
Developer: The Salient Group
Sizes: Studio up to two-bedroom, from 660 to 1,438 sq. ft.
Prices: $399,000 to $499,000
Open: Display suite at 53 West Hastings, open by private appointment only: Phone 604-341-7997.
Since the highly anticipated 536 homes at the Woodward’s site sold out in a real-estate feeding frenzy in one day in 2006, the allure of a Gastown address has never been greater.
Grocery stores, restaurants, banks, boutiques and even Simon Fraser University’s School for the Contemporary Arts will all be bustling with activity when move-ins begin this time next year, as the ever-evolving neighbourhood steps into its own as a new hub of downtown culture.
But outside that mega-project, opportunities to get into Gastown have been scarce, and square footage is pricey.
Enter Paris Annex, the Salient Group’s half-heritage- restoration, half-new-construction project next door to the Woodward’s site.
Paris, the first phase of the Paris Annex project — in the century-old Paris building — is sold except for a couple of penthouses priced just under $1.2 million.
Annex, a new building attached to the Paris heritage building, is home to 16 new, ultra-modern suites. They’re wider than the suites in Paris and come with outdoor space.