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Developer Takes Unprecedented Step to Pass On Significant Construction Cost Savings to Pre-Sale Buyers in Yaletown


2009-03-18 00:04:45 -

Vancouver, B.C. - (March 17, 2009) - Prominent Vancouver-based developer Amacon has teamed up with MAC Marketing Solutions (MAC) to develop a unique, honest and first-of-its-kind construction cost savings initiative for The Beasley, a new Yaletown high-rise development. Amacon is taking unprecedented action by passing along construction cost savings to buyers, reducing the initial purchase price by a minimum of

22 per cent. The initiative will be called the 'pass it on' campaign.

The 'pass it on' campaign was made possible after Amacon spent months negotiating with their contractors, suppliers and trades. When Amacon reviewed the construction costs they could save, they decided to pass on the savings to the pre-sale buyers of The Beasley. The significant savings will also be offered to new purchasers. The brand new Yaletown condos start at $219,900 CAD ($170,200 USD). For many original home buyers, this refinancing option will deduct on average $100,000 - $250,000 from their initial purchase price.

'We are in a very different market than a year ago; when we negotiated our construction costs and realized the savings we made, we were happy to pass on that savings to our purchasers. We're putting everything out into the open as we see it's a win-win-win situation,' says Cameron McNeill, president of MAC. 'This sale will provide an unprecedented real estate opportunity for those who are interested in getting into Downtown Vancouver's real estate market at affordable prices.'

The Beasley real estate sale begins on Saturday, April 4, 2009. The sale will feature a collection of signature residences including bachelor, one-, two- and two-bedroom plus den suites ranging in size from 436 to 1,334 square feet. Soaring 33 storeys high, the sustainable condominium will introduce more than 200 homes to Yaletown and will be ready for occupancy July 2012.

'The Beasley is one of the only rare opportunities to buy a brand new home in Yaletown because there is very limited land available for high-rise development,' says Nic Jensen, manager of sales and marketing of Amacon. 'The decision to share our construction cost savings will create an exceptional buying opportunity for people who thought they could never afford to own real estate in a thriving downtown community such as Yaletown.'

The Beasley's Yaletown location is its best amenity. The condominium will be situated within minutes of the seawall, Robson Square, Vancouver Art Gallery, Orpheum, Queen Elizabeth Theatre, Library Square, GM Place and BC Place, as well as world-class dining and a variety of international retailers.

A tribute to urban excellence and vision, The Beasley is named after legendary Vancouver city co-director of planning, Larry Beasley. Tasteful interiors and finishings found in each home will include floor-to-ceiling windows, rich plank hardwood floors and gourmet kitchens with top-of-the-line KitchenAid Architect II Series stainless-steel appliances.

Amacon is one of Canada's premier new home builders with a reputation of building quality homes. With four decades of development and construction expertise, Amacon is recognized as one of Canada's most influential real estate development and construction firms. Laying the foundation with excellence, Amacon controls all aspects of the development process including, site acquisition, project design, development, construction, marketing and sales.

MAC Marketing Solutions Inc. is a marketing and sales organization specializing in both residential and resort real estate developments in Metro Vancouver, Interior B.C. and Calgary. Founded in 2001 by Cameron McNeill, MAC continues to be a proven leader in sales with respect to volume and dollar value. Over the past five years, the company has sold more than $4-billion worth of real estate.


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Please excuse the mess while I upgrade my website.  In the meantime, you may access all my blog posts by clicking here.
Please excuse the mess while I upgrade my website to provide you with even more timely and topical information on our market and the process of buying and selling.  In the meantime, you can access my blog by clicking here
Cory Raven
Cory Raven - Managing Broker
RE/MAX Select Realty
4806 Main Street
Vancouver, BC
V5V 3R8