Somerset Green Marketing Pavilion

Q. All this must cost the earth! What are the
prices?
A. People tell us that they consider the prices
very reasonable. They presently start at $79,000
for a one bedroom apartment, $94,000 for a two
bedroom apartment and $139,000 for a two
bedroom and den apartment. Of course, you'll
. need to pay more for certain views and the top
floor prices are higher as it features nine foot ceil-
ings with quite dramatic vaults.

Al Jablonka, Sales manager with Linda Maynes, Sales
co-ordinator

Q. I hear that you are selling already?

A. Yes, sales are extremely gratifying. We
started to take reservations on January 17th and
within 10 days over 25 of the apartments had
been reserved with $5,000 deposits. As it seems
that Phase | will sell out prior to completion, we
plan to advance the construction of Phase Il for
completion in 1988. It is probably not a good

idea, however, for people interested in buying
to wait for Phase II as prices will undoubtedly
be higher as construction costs are increasing
again after several years of stability. 1 should add
that we have a list of over 850 individuals and
couples who have indicated an interest in even-
tually buying at Somerset Green.

Q. Where do these people live?

A. Practically without exception they are all
North Shore residents, many living within half
a dozen blocks of Somerset Green.

Q. Is this your company’s first housing
development?

A. Hardly! The Polygon Group has built over
1200 homes throughout Greater Vancouver in
the last five years. On the North Shore we have
built a number of luxury condominium projects
in West Vancouver, including Waterford House,
completed in 1985, and The Summit, completed
in 1986.

Q. Are you active elsewhere?

A. Our Chairman, W.K. Paulus, heads
associated companies ‘in the United States in-
cluding The Polygon Corporation, which builds
extensively throughout the Greater Seattle area,
and Homes by Polygon Inc. which is an impor-
tant residential developer in southern California
- the builder of the fabulous Laguna Sur con-
dominiums on a bluff overlooking the Pacific
Ocean at Laguna Niguel. One of the things we
try to do is to share information among the
various members of the Polygon Group so it is
not surprising if you find some California
touches in our homes!

Q. What is your next housing development on
the North Shore?

A. Polygon will be accouncing another dramatic
West Vancouver project soon. But as far as

67 - Friday, February 6, 1987 — North Shore News

North Vancouver is concerned, while we would
like to build on the apparent success of Somerset
Green, it’s frankly impossible to replace the
Stoker Farm site. That’s why I would imagine
Somerset Green residences will probably increase
in value for many decades to come.

Q. Do you need an appointment to visit
Somerset Green?

A. I’m afraid that the site isn’t open at the pre-

sent time for visits due to our insurance resiric-
tions. A construction site cun be a dangerous
place. But we do have a fully equipped preview
centre open across the road from Somerset Green
at 2908 Lonsdale where you can drop in and in-
spect the floor plans and chat ‘vith our Sales
Manager, Al Jablonka or his assistant; Linda
Maynes. An even better idea would be to
telephone 986-5953 to make an appointment as
the preview centre can get pretty hectic.

Construction under way.

NI