Skies the limit for Vancouver Trump Tower residents 0
Reporters and brass of the Trump Tower project in downtown Vancouver cruise over Vancouver island in the kind of private jet that will be offered to residents of the hotel and high-rise. (CARMINE MARINELLI/ 24 HOURS)
“The luxury market is competitive,” says Joo Kim Tiah to reporters in a private jet preparing for take off at Vancouver International Airport. “People’s expectations are so high.”
Meeting those expectations is part of the reason Tiah’s Holborn Group and its partners, including American billionaire Donald Trump, are now adding perks for those who purchase a unit in their downtown Vancouver project – Trump International Hotel and Tower.
Perks like time in a London Air Services Learjet and a Rolls-Royce car service for residents are meant to outdo concierge and ellipsis machines offered by other buildings in the city and are the first of their kind in Vancouver.
During a presentation to media followed by a short flight over Vancouver Island, the word luxury was stressed as the project’s selling point.
Vancouver lacks the kind of big-wheel stock market millionaires and young professionals that places like New York and Hong Kong enjoy that drive the market for such amenities, but Tiah was unconcerned.
He isn’t worried about sales because of what he calls a diverse marketplace in the city, even if it does mean an older face in Vancouver’s downtown.
“There’s going to be some baby-boomers retiring or downsizing,” Tiah said. “I think it will be a lot of professionals as well.”
He said wealthy immigrants are also a likely market.
According to Tiah there’s already been three times more people register to view suites than there are suites available. The cost of the units has yet to be released.
How many hours future residents get in the jet has not been released either, but Tiah said it will depend on the suite purchased.