The Pier Lower Lonsdale Waterfront Community By Pinnacle Developers
The North Shore’s premier waterfront community – The Pier is The Place To Be. Located along the waterfront strip of North Vancouver’s trendy Lower Lonsdale, The Pier is a master planned multi-year real estate development that will include several luxury high-rise and low-rise condo towers, exclusive walk-up townhomes, a five star boutique hotel, National Maritime Museum, park area, seawall and of course an extension of the Lonsdale Quay Markets.

About the Waterfront Pier Condos and Townhomes in Lower Lonsdale
The community at The Pier North Vancouver provides a unique range of home and housing choices for first time homebuyers to young growing families to empty nesters and to investors. The waterfront North Shore real estate development at the Pier Lower Lonsdale features luxury presale apartments, penthouses, prestigious Pier townhomes and hotel residences. Homes at The Pier Lower Lonsdale master planned community along the North Van waterfront reside along or inside a reclaimed waterfront heritage site where new shops, markets, restaurants, amenities and public places are housed within the frameworks of the original cathedral sized ship yard buildings. The entire master plan at the new North Vancouver Pier development includes The Landing at the Pier low-rise building (the most recent residential building completion, Premiere at The Pier high-rise condos (which represents the first completed condominium residence tower in Lower Lonsdale’s Pier development), Esplanade West at The Pier Condos (second high-rise to be completed in this master plan), Esplanade at The Pier (recently completed Pier condominium high-rise tower with amazing views) and The Pier Hotel Residences and The Pier and Pinnacle Hotel (recently sold-out and located on the waterfront side of this community in Lower Lonsdale). The most recent launches for new waterfront Pier condos in this North Vancouver property development includes Atrium East and Atrium West condo towers at The Pier. There are also tones of proposed retail stores and the National Maritime Centre has just recently received some great funding from the government and private companies. Eventually on the eastern most side of the community, the waterfront Pier condo launches will include the Lower Lonsdale Cascade East and Cascade West at The Pier condominium high-rise towers with luxury residences for sale coming after the Olympics. The last of all the planned Lower Lonsdale Pier waterfront condo towers is The Trophy at The Pier residences. The current Pier Sales Centre will be eventually converted into a high-end restaurant. Lastly, the feature of the waterfront community in North Vancouver is the 700 foot public pier that has been restored to its former glory.

The Residential Condo Towers at The Pier
 Premier at the Pier Phase 1 - High Rise Condos
 Esplanade and Esplanade West at the Pier Phase 2 - High Rise and Mid Rise Condominiums
 Landing at the Pier Phase 3 - Mixed Use Building with Mid Rise Condos, Live/Work Apartment Retail and Commercial Office
 Pinnacle Residences at the Pier Phase 4 - Mixed Use Building with Mid Rise Waterfront Condos and Boutique Hotel
 Atrium West and Atrium East at the Pier Phase 5 - Mid Rise Waterfront Condominiums and Waterfront Townhomes

What is the North Vancouver Pier Waterfront Development in Lower Lonsdale?
According to the Pinnacle Developers marketing brochure for the pre-construction Pier Lower Lonsdale waterfront community development in North Vancouver: Water, nature and a sense of place. Seagulls squawk at the tugboats. Sunlight sparkle on the water as commuters sail home on the sea bus to their luxury new Pier condo home or Lower Lonsdale townhome. Visitors crowd the artisan shops and historical plazas. Shoppers handpick the harvest at the farmers’ market at Lonsdale Quay, just next to the master planned Pier North Vancouver waterfront community. This is the Pier Waterfront Community in the North Vancouver real estate market. The North Shore’s premier waterfront community. Pinnacle International’s transformation of the North Shore waterfront real estate landscape creates an amenity rich, uniquely West Coast community with magnificent views of the harbour and towering Vancouver skyline. The landmark 700 foot pier and inspired reclamations of The North Vancouver Pier’s waterfront condo and townhome real estate development storied shipbuilding past preserve the character of this exclusive community. New markets, restaurants, shops, galleries and public plazas excite and delight The Pier condos and Lower Lonsdale residents and visitors alike. The new Pinnacle Hotel and The Pier Condominium High-Rise Towers adds sophistication, an elegant place to meet and entertain, pool and health club facilities for Lower Lonsdale Pier condo and townhome residences. The master planned Lower Lonsdale Pier real estate development has legacy and luxury, and the best location on the North Shore waterfront district. It’s the place to be. The Upside of where you want to be: On the waterfront or off, the recreational pleasures of the North Shore are perennial. At your doorstep at the Lower Lonsdale waterfront Pier real estate development in North Vancouver property, there’s an ocean to sail and a seawalk to jog. The back-yard mountains beckon skiers, snowboarders, backpackers and mountain bikers. There are ravines, parks, tree shadd streets and trails, great golf courses, North Shore’s waterfront real estate and shopping. And all the attractions of cosmopolitan Vancouver just a Seabus away from your private new Pier condo home or townhome.

A Privilege of North Shore Waterfront Property Ownership at The Pier
Residents at The Pier in Lower Lonsdale North Shore become members of the private Club at the Pinnacle Hotel and The Pier. The Club’s recreational facilities include sauna and steam rooms, a four lane 25 metre pool, personal training and yoga studios, a fully equipped gym, private patio, lounge and games room. A private club for your personal use as resident at The Pier North Vancouver real estate development, a place to gather with friends and neighbours, stay in shape, swim, and relax, steam and wind down. There are separate womens and men’s change rooms, billiard room, personal training studio, patio, whirl pool and yoga studio as well. The Signature of Pinnacle Developments: Interiors at the residences at the Pier North Vancouver waterfront condo and townhome community have a level of quality you would expect of the finest new residences. Pinnacle International has created four star hotels, luxury resorts and condo residential towers that have become landmarks. Pinnacle brings this same creative spirit and design élan to these waterfront North Shore Pier homes with their marvelous views. There is also the assurance your home at The Pier Lower Lonsdale condos and high-rise condominium residences has been constructed and is fully supported by one of North America’s leading builders of luxury residence.

Investing in the Pier Waterfront North Vancouver Real Estate
A lot of talk has been made about the number of North Vancouver waterfront real estate investors have purchased condos and new townhomes at the Pier Lower Lonsdale development. With many international investors and buyers as well as home purchasers from across Canada, BC and the Lower Mainland, the waterfront Pier real estate development in Lower Lonsdale is really a spectacular community set along one of the most prime waterfront real estate communities on the North Shore. Soon to have its own seawalk with 700 foot pier, and eventually being linked from Deep Cove to Horseshoe Bay by way of the North Shore Spirit Trail, investment into the North Vancouver Pier development is ongoing. As many people know the amount of prime Pier condos and waterfront townhomes is quite limited, and with any long-term real estate investment, this North Vancouver property is definitely a great chance for you to get into a ground level community as it develops into a world-class neighbourhood. It is estimated that a smaller than anticipated percentage of all the waterfront Pier Condos in Lower Lonsdale are purchased by property investors. Also, with any stable community, there is a good balance between owner occupied and rental units, and the Lower Lonsdale Pier waterfront condos and townhomes definitely have both. For more information about new releases, please visit www.thepier.info.

LATEST NEWS - The Pier Waterfront Construction Stops – But Not by City of North Vancouver Order
Written by Bethany L for the North Shore News. Work on the new Pier hotel and conference centre at the North Vancouver waterfront real estate development has been halted for more than two weeks, while the property developer, Pinnacle International waits for subdivision approval for their extensive Lower Lonsdale project. However, Gary Penway, the city’s project manager for the Pier Lower Lonsdale real estate development, told the North Shore News, “They could be working today,” He spaliend tha the developer, Pinnacle International is fully permitted to continue construction on the hotel and the foundations of two eight storey buildings nearby. “That’s not us shutting them down, that’s their decision to shut down,” Penway said. But Pinnacle’s president Michael De Cotiis said his company needs subdivision approval to continue with thir work. Construction was shut down in the first week of October. Subdivision approval is required for all roads, utilities and amenities, as well as shoreline treatment on the waterfront sites. “It’s fairly important step in the Lower Lonsdale Pier real estate development approval process,” Penway said. At the beginning of the approval process nine months ago, the two sides had a long list of issues to be resolved, but now there are just a few remaining wrinkles to be sorted out. The City of North Vancouver is now waiting for Pinnacle’s formal submission to resolve those concerns. “The ball is really in the court right now,” Penway said. For his part, De Cotiis said that the Pier Lower Lonsdale subdivision approval is “long overdue.” He said he’s currently working on finalizing the company’s submission. “We should be there within weeks.” Once the city has that submission, approval is possible within a week or two. Pinnacle plans to eventually develop a total of 13 land parcels on the waterfront Pier Lower Lonsdale site, comprising of 1.16 million square feet of residential and commercial floor space. Once the current construction wraps up, Pinnacle will move on to developing a 20 storey condominium tower, several low rise residential developments and a four storey office building at the Lower Lonsdale Pier North Vancouver master planned community. De Cotiis said those property developments will be constructed in phases, not all at once as the developer had planned when he housing market was hot. Although the economy has hit hard times and the real estate market is slowing down, Penway said he’s not worried about Pinnacle completing their portion of the waterfront Pier development in North Vancouver’s Lower Lonsdale district. “We’re hopeful. It’s a good project, and it’s going to keep going. This is a pause, not a stoppage.” He did speculate, however that tough economic times might have been an incentive for Pinnacle to slow down construction. “To try and market all of these units now might not be the wisest thing to try to do.” Pinnacle is also converting several heritage shipyard buildings to be used for the proposed national maritime centre.

City of North Vancouver May Re-Negotiate With Pinnacle Developers to Complete the Stalled Pier Waterfront Condo Hotel Residences Project says Mayor
The condominium hotel developer Pinnacle believed to be costing out substantial amenity package that is owed to the City of North Vancouver. This according to Sam C, Staff Reporter for the North Shore News. CNV Mayor Mussatto is quelling the fears that the stalled Pinnacle International waterfront Lower Lonsdale Pier real estate development may be in financial danger, but says it’s possible the City of North Vancouver council will re-negotiate with the developer, Pinnacle International, on the project’s estimated $10 million amenity package, including the roads, plazas, heating pipes and sewers in the Pier Lower Lonsdale community. Construction on Pinnacle’s new hotel and conference centre in addition to the luxury waterfront Pier condos at the foot of Lonsdale was abruptly shut down four weeks ago, while the city says the developer has all permits required to continue work. There have been a lot of speculation amongst real estate professionals in addition to homebuyers and buyers who have already purchased suites in the Pier Pinnacle hotel residences that the project is stalled and put on hold for a long time as construction has completely stopped and no notice was given to them. According to Pinnacle International’s project marketer, pre-sale condo sales specialist Grace Kwok, condo units at the Pinnacle Hotel and Residences in the Lower Lonsdale Pier waterfront real estate development are 50 per cent sold out. The Pinnacle International sales centre at the foot of Lonsdale remains open for presales purchasers at the Pinnacle Hotel and Residences as well as the two new Atrium condominium towers to the east of this building. The hotel and conference centre at the Lower Lonsdale Pier real estate development are on one of 13 land parcels planned to create a maritime-themed waterfront village consisting of over 1 million square feet of residential and commercial floor space among converted heritage shipping buildings. Michael of Pinnacle International says the Pinnacle Pier Hotel construction work is paused only for subdivision approval, and not because of the economics of the North Vancouver Lower Lonsdale real estate development. Mussatto said the only remaining subdivision issue to be hammered out is a delivery plan for the infrastructure and amenities provided by Pinnacle International. CNV waterfront project manager Gary said he believes Pinnalce is now costing out the amenities package. Mussatto said he has considered the possibility that Pinnacle International may be in financial trouble, especially with the work has be stalled at the North Vancouver Pier Lower Lonsdale condo hotel real estate development project which is essentially in a holding pattern, but if that’s the case its out of the city’s control. He noted that the current North Shore real estate and financial market downturn, a number of development projects across Lower Mainland are facing difficulties. “If tragedy happens and they (Pinnacle) can’t finish it, we won’t be the only ones,” Mussatto said. This is not very re-assuring for those who were going to make the Pinnacle Hotel Residences their home in the next year and move into the vibrant Lower Lonsdale Pier master planned community. He added if Pinnacle can not deliver amenities integral to proposed National Maritime Centre plans, the city can cash a $10 million bond to complete its part of the waterfront plan. Mussatto said that unlike the fall 2006 council vote which gave Pinnacle International additional residential height on the waterfront Pier real estate development on hold, he personally would not support any more height or density in the Lower Lonsdale Pier corridor, if the developer asked for it. Both Kwok and Mussatto have stressed that there is no active receivership status on the Pinnacle real estate development at The Pier in connection to the recent work stoppage and the Pier condos on hold. Kwok and Penway have said that there are some pre-construction homebuyers and condo unit purchasers in the currently halted Lower Lonsdale Pier condo development that have called with concerns about their investments, but all have been reassured. Kwok said not a single purchaser has walked away from a presale deposit and some real estate lawyers and buyers have been mistaken about financial concerns about the Pinnacle Pier waterfront real estate development that is on hold.

City of North Vancouver and Pinnacle Developers Still Bonding Regarding the Lower Lonsdale Pier Development
According to Staff Reporter Sam C. for the North Shore Outlook newspaper, “Raising a $13.5 million performance bond is the key outstanding issue to be completed before Pinnacle International real estate developers submits a subdivision proposal for their stalled property waterfront project, according to City of North Vancouver official Doug P. Construction on Pinnacle International’s new Lower Lonsdale Pier Hotel and Conference Centre at the foot of Lonsdale Avenue was abruptly halted two months ago, although Pinnacle is permitted to continue working. Developer Michael De Cotiis says sales at the pre-constrution Pier Lower Lonsdale condo and townhome development have been slow but he is confident that the master planned community will continue and complete. Asked if the current credit market turmoil is blocking Pinnacle International from securing the performance bond for the Pier Hotel and Residences in Lower Lonsdale North Vancouver real estate development and he cited that it is not a problem. De Cotiis said he has no doublt the waterfront North Vancouver real estate project at The Pier Hotel will be completed despite the ominous downturn see in real estate markets in the Lower Mainland. “It’s a wonderful location and we should do fine,” he said, adding sales competition is less stiff now because “there will be less stuff built.” Asked when construction on the waterfront Pier Lower Lonsdale project will continue and he mentioned by late 2008 or early 2009.