Page: 4, Sept. 16, 1981 - A \ supplement to the North Shore News Eat INNORTH VAN CITY rates, the high cost of land, and ae three-month municipal strike, growth in the City of North Vancouver . continued to be strong in 1981. Building permits for development worth over $28,000,000 were issued during the first eight fhonths of the year, and indications are that this pace will continue during the next two -or three years. Development on Lonsdale -Quay is moving along rapidly. The Pacific Marine Training Institute is nearly completed and is expected “te bein operation before. the end of September.. The “= EC.B.C.. Building, while behind schedule, is about 9998-14 12 W. Pender St. Vancouver, B.C. V6E2S1 * 682-7447 What can we do for you? ® Resumes - professionally prepared $15 & up Mining & geological reports Membership and other * memory. Sales letters and proposals that look good will get that order. © Cerlox and therma-binding to complete your project. * We use AES and Wang equipment. What CAN we do tor you? In spite of high interest’ lists kept current and aiphabetical and labels prepared for your mailings. Price lists prepared and updated regularly. Lease agreements and other standard documents in *; one-third completed and should be completed and in “use by the end of 1982. Work has just started on the B.C. Railway Building, which will. be another important ad- dition to the Lower Lonsdale area. Two parcels of land zoned for mixed use, including 250 residential units, plus retail and office space, are ready for marketing. Several companies have shown a strong interest in déveloping one or both of these parcels. When Lonsdale Quay is completed it will have a value, including land, in excess of $140,000,000 and will provide a gross floor area of more than 900,000 square feet of space for a ‘GL SJDIASAS SSANISNG mixture of residential, in- stitutional and. of- fice/commercial uses. Lansdale Quay, plus... Esplanade Centre, which has almost a 100% occupancy rate, are acting as catalysts -: for development in the Lower Lonsdale area. Harbor Quay, which is nearing completion, will offer an additional 60,000 square feet of retail and office space for companies interested in locating in North Vancouver. Several other projects for office, commercial or mixed residential/commercial use are in the planning stages. It is estimated that, thanks to these new developments, by the end of 1982, 3,000 new jobs will have been in- troduced into the Lower Lonsdale area. The major development going on.at Burrard-Y arrows during the past two years is almost completed. Its new floating drydock, which was built in Japan, arrived at the end of August and is now in place. With this new ad- dition, plus its supporting facilities, Burrard-Yarrows can now handle ships up to 75,000 dead weight tons and thus will be able to compete with large shipyards around ; . the world. By constructing this major project Burrard-Yarrows has helped to preserve 250 to 300 jobs which might otherwise have disappeared. , -Steady growth continues Burrard Yarrows Corporation has added a new ship repair capability to serve world shipping in the Port of Vancouver - a new floating dry dock that can handle ships up to 75,000 deadweight tons. This new facility not only adds to the service provided by Western Canada’s largest shipyard but will mean more jobs for skilled workers in North Vancouver. Serving world shipping for more than 85 years. Burrard Yarrows Corporation “SHARPER CTE Ot AS Shik’ FRE PPAT ARE RRS Cat NE FAL tf NGoINE & FR, SO, when completed in a year or will provide 41,000 square feet of commercial office space and 65 residential units. A start by the provincial government on its new court house will “encourage the planning of MAYOR JACK LOUCKS in the City’s second of- fice/commercial core — the Upper Lonsdale area. A medical building on East Fifteenth Street will have 10,000 square feet of office space -available in the next month or so; and Lonsdale Place, at the corner of East Twelfth Street and Lonsdale Avenue, will have 35,000 square feet of retail and office space available by the end of the year. The Dentco Tower on East construction is so closely supervised by innumerable sidewalk superintendents Fifteenth whose new projects for the area north of Seventeenth Street. As mentioned in previous articles, when describing the future of our commuity, we should not lose sight of the fact that the City has within its borders a large reclaimed waterfront site lying south of the B.C. Railway track between Fell and MacKay Avenues, which is con- sidered to be one of the prime undeveloped sites remaining on the west coast — the Fullerton-Fell area. — This seventy or more acres of land presently zoned W-1 Waterfront, which provide for a wide variety of in- dustrial and waterfront uses, is receiving considerable attention from aie few companies. It seems certain that this property will be developed within the next few years, thus providing more jobs and an increased tax base for the citizens in this community. A projected further in- vestment of seventy and eighty million dollars in commercial and industrial development during the next few years of the 1980's, and = the probable introduction of °- 3,000 new jobs, certainly © makes prospects for the City ~ of North Vancouver took . very promising. J.E. LOUCKS Mayor North Vancouver City Closing out sales deregulated Stores holding fire or water damage sales, bankruptcy sales or closing out sales in British Columbia no longer require a licence to do so, as a result of the provincial government’s continuing effort to reduce red tape. “The repeal of the Sale of Goods on Closing Out Act will effectively remove one more obligation for retail businesses, without removing consumer protection,” said Consumer and Corporate Affairs Minister Peter Hyndman. “It will also relieve municipalities of the burden of administering the Act.” The Sale of Goods on Closing Out Act was originally introduced to protect consumers from the few unscrupulous traders who misrepresent sales events. It required any business. that was holding such a sale to obtain, and later surrender, a special municipal licence. Hyndman said the Trade Practice Act generally prohibits all deceptive or misleading practices. “It forbids any of the practices that the closing out act was designed to’ prevent and provides for penalties,” he said. “So while business has been relieved of one more regulatory burden, the public can rest assured that it remains adequately protected against false sales events.” DATA PROCESSING SERVICES -FOR YOUR BUSINESS Technical Writing Systems Analysis and Design Contract Programming EDP Consulting Equipment Selection EDP Education Computer Assisted Instruction Staff Selection ule 716 650 West Hastings Vancouver BC V6C 1£1 © 669 2213