Showing posts with label working. Show all posts
Showing posts with label working. Show all posts

Tuesday, December 17, 2013

Carnarvon Gardens, or Is That an Echo Down Here?


On November 18th, I received an invitation to an open house regarding a development at 813-823 Carnarvon Street.  Top Vision Developments is proposing to develop a 25ish story mixed use development at the site.  Unfortunately I was unable to make the open house, so as usual I am spouting off on things I found on the internets. 


The current buildings on site are:
  • Couzie’s on Carnarvon Cafe (whose owner graciously let my then recently toilet trained son use their bathroom after closing one time)
  • Two old auto repair/sales shops that appear vacant
  • Dollarama at what was formerly the Centre for Integration

Couzie’s and Dollarama are the only places that appear active, but I haven’t got a sense of what will happen to them after the development.  There will be street front retail but I haven’t seen anything indicating if they will have a right of return or not. 

While this looks like a generally good idea, there are a number of concerns with the proposal, some of which council and staff are dealing with to various degrees, and one they are not. 

The Grand Canyon of Carnarvon

This part of Carnarvon is getting quite dense with towers, and tall frontages that are very close to the street.  On top of the ground level retail will be three stories of offices fronting parking, and fifth story of above ground parking set back two-three feet in an effort to make things prettier. 

While I appreciate the efforts council and planning staff are making on this, setting back the fifth level parking one additional foot is not going to make Carnarvon less of a canyon.  Even fronting offices on the street, while making things somewhat more pleasant to look at, will still contribute to the canyon effect.  When you have a vertical wall 40-50 feet high straddling both sides of a street with narrow sidewalks, concessions like this are practically futile.  The problem on Carnarvon is less visible parkades and more being barely able to fit a stroller or wheelchair around a lamppost without falling into traffic.

Canyon environments can be pedestrian friendly, but they need room for people to breathe.  The place that does this best in my mind is the pedestrian malls in Perth, Australia. The streets have a definite canyon-like feel to them, but with no cars, dynamic storefronts and being able to walk without being pushed into traffic it’s a pleasant experience.  Walking down the sidewalk on Carnarvon feels like the big city pushing down on you, and adjusting setbacks and changing concrete for glass isn’t going to fundamentally alter this. 

Top Vision Development

Top Vision’s website is rather sparse.  They apparently have more than “20 combined years of construction and engineering experience,” and have dealt with single home through high-rise construction.  Their previous projects show two large homes in Metro Vancouver, and two high-rise projects in China.  City records show they have done a number of large suburban houses in Richmond as well.  Top Vision appears to share offices with related businesses including:
  • Yuan Heng Construction
  • Lu Tang Architecture – the archictects for this project
  • Top Vision Realty – also provides strata management services, and presumably will for this project
  • Giant Environmental Technology – no idea if this is related or not
  • Carnarvon Garden Development – the project specific company and New West Chamber of Commerce member

Their record appears decent, but part of that may be their recency.  The BBB has them rated A- with no complaints, but they registered in November, 2012.  Stratawatch gave Top Vision Realty good rating, but there is absolutely no transparency on how that rating is generated. I found some more photos and information on the MINI Impression project.  It appears to be a similar scale to what is proposed here, and has some interesting features if google translate is to be believed. 


However, building a tower in Metro Vancouver is vastly different than building a suburban mansion, and quite different than building a tower in Dalian, China.  Does Top Vision have the necessary experience or partners involved to ensure a safe, durable building suitable for our environment is designed and constructed?  Codes set a minimum, but this tower is expected to last 50 to 100 years. We want to be sure whoever is developing it has a good idea what they're doing. 

Parking

As usual, the development is requesting to come up short on parking spaces.  Now that the Front Street Parkade is definitely going (hooray!) we can’t be cutting downtown parking, especially given a significant commercial space will be included in the development.  Give credit where it’s due – proximity to the skytrain, any features they include to reduce traffic demand, but don’t let this create spillover problems into the rest of the area.  Council appears to be holding fairly firm here. 

Commercial Space

One of the proposals from the developer to address the parking visibility concern was to eliminate the top level of parking and expand the parking on the levels below.  This comes with a price, though, elimination of half of the original 23,500 square feet of office space. 

That price is too high to pay.  All of Metro Vancouver has been focused on building out condos as prices have flown into the stratosphere.  It’s quick, (relatively) easy money for the developers, and then they get to go away and leave any problems down the road for the individual unit buyers.  Creating living space but no working space makes an unbalanced community – a suburb built vertically instead of horizontally.  

The land around the skytrain stations is high value, and very limited.  We need to use it to its full potential.  Making a space where people come as well as people go.  The Anvil Centre is a start, and this development will follow with some needed new office space in New West.  I’m glad to see Council holding firm here as well.

Overall, I think this project brings a lot of potential good to the area.  However, it needs to be executed well to deliver that.  If not, it will bring decades of eyesore and grief to the city.  Take the time to get it right now – we’ll be stuck with it for a long time. 


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Friday, December 6, 2013

How Many Degrees to pay off a Student Loan?

One of the hot topics of the day is employment for young people.  Are people coming out of university today over-entitled hipsters who are unwilling to take entry level work and expect to be Director of Basket Weaving right out of school?  Or is it a shift in economics that is holding them back, forcing them into slave labour where they work themselves to death.

My personal experience: I fall somewhere in the gap between Gen X and Gen Y.  I graduated with a degree in Mechanical Engineering and partially completed a Masters in Mining Engineering (making potential employers bow down at my feet and sacrifice virgins in my name according to the news these days) and when I came out of school the recession was flirting heavily with us, but not ready for hot, sweaty sex just yet.  From there I worked myself into a niche where there are only a few jobs, but even fewer people who know how to do it well.  That is to say I have been blessed with continuous, gainful employment and I thank God for it. 

A major reason I got there was because I went to university.  My parents recommended demanded it.  I think I’m typical of my generation in this regard.  My parents’ generation largely did not go to university (8-12% had a Bachelor’s or higher in their time. They saw a significant difference in the lifestyle of those who had vs. those who had not.  That is borne out by the statistics from back in the day. 

 Overall
 High School
Bachelors+
 Year
 Male
 Female
 Male
 Female
 Male
 Female
      1991
    23,686
    11,580
   21,546
    10,818
$39,803
23,627

http://www.census.gov/hhes/www/income/data/historical/people/ Table P-16.  My earnings in 1991 were$52. 

Side note – most all of this data is American – it’s a lot easier to find, I’m taking talking trends that are broadly similar in Canada, and for all the NSA folks reading this GO ‘MURICA!!!

So it made sense for my parents to be flogging me on that path (and I’m grateful they did).  It seems most parents of that generation said the same thing as the percentage of people with a Bachelor’s Degree has been steadily climbing.  


Given the veritable flood of ivory tower elitists compared to yesteryear, supply and demand (it’s the law, doncha know), and all the bitching and whining about no one being able to find a job after university I was expecting to see the wage gap between high school and a Bachelor’s degree shrink from 1991 to today. 

 Overall
 High School
Bachelors+
Difference
 Year
 Male
 Female
 Male
 Female
 Male
 Female

Male

Female
      1991
$23,686
$11,580
$21,546
$10,818
$39,803
$23,627
84%
118%
      2001
$32,494
$18,549
$28,343
$15,665
$54,069
$33,842
91%
116%
      2012
$38,428
$23,946
$31,064
$18,213
$63,272
$42,027
104%
131%

Median Earnings by Education and Year, or Stay in School, yo.

Well shit, that didn’t work.  Admittedly, I smoothed things out considerably by looking at only three years out of 20, but generally the wage premium for a degree has remained fairly steady for the last 20 years.  Maybe we need to dig deeper into the data.  Supposedly some degrees are worth more than others.  Much of this has been ballyhooed about in the news.  Get a degree in
  • Engineering
  • Advertising
  • Pharmacy
  • Accounting

and you will be rich, famous and sexy when naked.  Get a degree in
  • Arts
  • Psychology
  • Education
  • Social Science

and the stairway down from your convocation goes directly into debtor’s prison. 

That’s all good to know, if not terribly surprising.  Not many people expect to get a Physicist’s salary after their degree in Film History.  It’s nice to know what the employment and salary prospects are for various degrees.  Less for selection purposes (people choose degrees in line with their gifts, abilities and interests more than money – not everyone is meant to be a teacher or an accountant), but more so you can answer the question of whether it will be you or your children that pay off your student loan.  

Universities are complicit in this.  They sell you on the general (People with degrees make more money and are sexier when naked), but don’t get into the specifics (those Advertising majors are smokin’ but avert your eyes from the basket weavers).  Their objective is to….well, that’s a good question worth its own discussion. 

Here’s the annoying thing about all this.  Governments, business, lobbyists, and disgruntled bloggers can spit out all the statistical meanderings we want.  Yes, it can guide policy to an extent (what are the values of our country, our province, and how does our post-secondary education system encourage and support that).  But it doesn't mean jack to anyone individually.  Looking at this data and saying “hey, everything is alright,” doesn't help my friend with his teaching degree find a position in Vancouver when there are none. 

Looking at the data and saying “there’s way too many new teachers, let’s cut the number of education grads in half,” doesn't help a First Nations school hire a teacher when none are willing to go there.  Problems are local and personal.  Knowing engineering pays more than film school doesn't help the kid who made 50 short films in high school that created a YouTube cult following, but can’t for his life pass remedial Math 9. 

I struggled for a long time to find a conclusion to this post.  And to leave it here just seemed whiny and bitchy.  Overall, a Bachelor’s degree is still a great investment.  Some maybe more so than others.  Parents, discuss this with your kids.  Encourage post-secondary, but don’t just leave it at that: help them map out where their choices in post-secondary lead them five, ten years down the road. 

And don’t forget non-degree options as well.  Trades can offer as good or better money and lifestyle (again it’s specific and local – Heavy Duty Mechanics and Welders are currently hot, carpenters less so.  It will change before your kids graduate).  None of this is to force them down one road or another, but so they at least know the consequences of the choices they’re making.  Then when you have to bail out their $100,000 student loan for their degree in Post-Modern Latvian Chamber Pots you can say I told you so.