THE VIEW FROM ABOVE
INTERGULF RETURNS TO BURNABY MOUNTAIN’S UNIVERCITY COMMUNITY WITH TERRACES AT THE PEAK
After Intergulf Development Group made its mark on Burnaby Mountain with two residential towers in 2004 and another in 2016, it would have been easy for the developer to maintain its status merely by mimicking the successful design of its first buildings with Terraces at the Peak, Intergulf’s new tower in the UniverCity community.
But the developer, along with interior designer Ian Wong, decided to focus on little things that could make a difference to buyers.
“We always like to have a special feature unique to each project,” says Wong, principal of Lot30 Design.
In this case, Intergulf and Wong focused on providing plenty of decorative storage and planning an efficient layout, to help homeowners take advantage of every bit of space.
“We found at Terraces, for example, that homeowners love the shower niche,” he says. “It may seem small, but how people live, it was important for us to consider every detail.”
Those little details mean a lot to Shaadi Faris, Intergulf’s vice-president, who notes the smaller touches such as those niches and the level of decorative open shelving that sits just below the upper kitchen cabinetry.
“There’s plenty of cabinet space for those items you want tucked away, but also beautiful display shelves for those kitchen gadgets you just want to show off.”
Wong also emphasizes the durability of the finishes. Resilient materials, he notes, “will ensure newhome finishes will work with any decor buyers bring into the space and it will last over time.”
Terraces at the Peak will join Intergulf ’s Novo 1, Novo 2 and The Peak developments, at Simon Fraser University’s UniverCity master-planned community on Burnaby Mountain. Terraces will stand at one of the highest points of land in Metro Vancouver. The community attracts downsizers from Burnaby and surrounding cities, and buyers with ties to SFU.
Many of the lower-priced homes were sold quickly and 80 per cent of the homes are now sold. Faris credits buyers’ recognition that they’re getting spacious homes for relatively lower prices, compared to surrounding areas of Coquitlam and Burnaby, for instance.
The developer can pass on value, thanks to its relationships with suppliers and partners, he adds, “to pass on the value to customers.”