Solo District receives approval

Solo District has received final approval of phase 1 titled, "Stratus" which will include Whole foods.  The following article is from the Burnaby NewsLeader.  Considering the current cool-down in the real estate market in Metro Vancouver, it will be interesting to see if attractive locations such as Brentwood continue to see consistent demand.

Appia's Solo project gets final approvals, on sale Saturday

By Staff Writer - Burnaby NewsLeader
Published: July 18, 2012 12:00 PM 
Updated: July 18, 2012 12:43 PM

Appia Development's Solo District received final approvals from Burnaby council Monday, paving the way for sales of the condo units to start this Saturday, July 21.

When completed, Solo (short for South of Lougheed) will comprise four glass towers, ranging from 38 to 55 storeys, and 1,400 homes at the southwest corner of Lougheed Highway and Willingdon Avenue. It will also be home to Burnaby's first Whole Foods store and is located kitty-corner from Brentwood Town Centre and Brentwood SkyTrain station.

The first tower, Stratus, will be located at the corner of Lougheed and Rosser Avenue, and is scheduled for completion in early 2015.

Prices for its units, on sale Saturday, start at $229,900 for a junior one-bedroom, $289,900 for a one-bedroom,  $389,900 for a two-bedroom and $589,900 for a junior one-bedroom. The tower will also have three, three-bedroom-and-den "sky villas" on the top floors featuring 20-foot ceilings.

All units will have nine-foot ceilings (except, of course, the sky villas) extra-large balconies, geothermal heat exchange systems and individual gas meters, air-conditioning and access to Modo car sharing vehicles.

“We’ve already had an overwhelming response from people all around the Lower Mainland about Solo District,” said Jim Bosa, president of Appia Developments, in a press release. “We’ve had several thousand people visit our sales centre to preview the units over the past few weeks. We’re now excited to be able to start selling.”