With the cut of a novelty ribbon at their office on West 5th Avenue in Vancouver, Formwerks Boutique Properties (FBP) became official at the company’s launch party in mid-September.
Over a hundred people attended the event to enjoy some canapés, have a glass of fine wine and learn more about the company’s projects, like their latest townhome endeavour called Winona Park Chateau Parkside Residences. But founder and president Jim Bussey said it was really just an excuse to gather friends, colleagues and clients together to have a good time.
“This is a party, first and foremost,” said Bussey. “At the same time, we are emerging as something called Formwerks Boutique Properties, whereas it springs out of our original Formwerks Architectural. We got quite successful doing homes and now we’re doing multi-family projects, and so the boutique is really associated with marketing our own brand of housing for the market.”
The original business started in 1988, and since then Bussey and his team have designed between 5 and 600 custom dwellings — mostly on the west side of Vancouver — that often draw aesthetic inspiration from the surrounding environment. The aforementioned Winona Park is FBP’s second project, which a series of 19 two-and-three bedroom townhouses encompassing nearly 16,000-square-feet. Located in the 300 block of West 62nd Avenue, it is within walking distance to the Canada Line Marine Drive Station, the impending Marine Gateway mixed retail, entertainment and business complex, Langara Golf Course and College and Oakridge Centre.
Guests were treated to a sneak peak of the building model, interior design elements and draft floor plans, and had the opportunity to chat with sales reps donning bowties in the company’s signature navy blue colour. Construction is almost underway for the development that is scheduled for a fall 2015 completion.
“The boutique idea came along as being something where we don’t want to be a big-time developer. We want to be a small firm delivering fun projects,” said Bussey.
“It also emerges really from a bit of naval gazing and recognizing for the first time this is who we are and this is what we do.”