Showing posts sorted by relevance for query million Canadian dollars. Sort by date Show all posts
Showing posts sorted by relevance for query million Canadian dollars. Sort by date Show all posts

Wednesday, September 27, 2017

Forget Downsizing. Let’s Rebuild a Mansion

Read article : Forget Downsizing. Let’s Rebuild a Mansion

Some married couples settle into their retirement by downsizing. Gail and Barry Giffen are spending theirs restoring a mansion—a 1905 Tudor Revival in Victoria, Canada.

“We wanted a historic house that needed lots of work,” said Mr. Giffen, 70, who ran a company in Alberta that handled disaster recovery. “We wanted to make it ours.”

The house was designed by architect Samuel MacClure for a cold-storage entrepreneur named Biggerstaff Wilson. The property had only one additional owner until 2010, when a local developer purchased the nearly 2-acre lot and carved off about a third of the land to build six townhouses, leaving the mansion untouched.

When the Giffens bought the home in 2011 for 1.325 million Canadian dollars, or about US$1.059 million, the 9,300-square-foot mansion sagged, the facade’s plaster was crumbling, the wood paneling in the great hall had turned black and the living-room windows were obscured by stained silk curtains.

More: Friends With Amenities: New York Apartment Developers Embrace ‘Co-Living’

Today, the three-story home has seven bedrooms, seven full baths, two half-baths, an elevator, a detached garage and an attic suite with a kitchenette.

The couple had two main goals: return the main floor to its prime, and thoroughly modernize the second floor and attic space.

“Their approach to it was to maintain as much of the character as possible,” said Rus Collins of Zebra Group, a Victoria design firm.

Mr. Collins took about six months to complete architectural plans for the transformation, partly guided by original blueprints. Construction started in February 2012, headed by Mike Miller, president of Abstract Developments. The bulk of the project took about 18 months and cost $1.3 million.

The couple replaced outdated electrical, plumbing and heating systems, and straightened one side of the house. They spent about $60,000 on the basement to create uniform 8-foot ceilings, and about $33,200 to seismically engineer a new interior foundation.

More: Where Power Players Escape From It All

In the 14-foot-high great room, which has a fireplace and arched stained-glass windows, Abstract’s team stripped the blackened walls and staircase, revealing honey-colored wood.

The kitchen, a former servants’ room, had a linoleum floor, a potbelly stove and a water cistern. An alcove below the ceiling was stuffed with old slippers. “No hidden money from a bank robbery or anything exciting in the walls. No, we found about six pairs of old slippers,” said Mrs. Giffen, 66, a retired teacher.

They gutted the kitchen and butler’s pantry, adding new hardwood floors ($1,600), cabinetry ($39,200), countertops ($13,900) and appliances ($13,500). It now has two farmer’s sinks and a dog-washing station in an adjacent mudroom. Mrs. Giffen’s favorite part is a $2,000 island made from a tabletop found in the basement.

On the 2,200-square-foot second floor, what was once six bedrooms sharing a bathroom, a powder room and a room with only a tub was transformed into four en suite bedrooms and a laundry room. The couple refurbished the claw-foot tub for their master bath.

More: Martha’s Vineyard vs. Nantucket: Vacationers Swear Loyalty to Only One

But it was the 1,860-square-foot attic, an unfinished space with 44-foot floor planks, that underwent the most dramatic change. It is now a two-bedroom, two-bathroom suite with a kitchenette and skylights.

One of the biggest challenges was the house’s historic designation, which blocked changes to the exterior without city approval. To add the two-car garage, done in a similar Tudor Revival style, they got about two dozen neighbors to support their city application.

Adding an elevator required a 5-by-5-foot extension and bringing a shallow back staircase to code. In the process they discovered parts of the foundation had turned to sand, necessitating the concrete wall.

In another case, an antique treasure was uncovered: The couple found stained-glass pocket doors buried in the wall between the living and dining rooms.

Other historic gems include intricate plaster medallions that adorn the main-floor ceilings, and old window glass that retains barely perceptible ripples.

More: Sag Harbor Residents Try Preservation Push to Thwart ‘Mega-Mansions’

The bird-patterned wallpaper in the dining room came to charm the Giffens, who saved it for a nook. “They grow on you after a while,” Mrs. Giffen said.

The Giffens have decorated the home with a patchwork of second-hand pieces. Bathroom sinks are mounted in retrofitted wood dressers. A chandelier in the entryway came from a contractor’s new house. “People were pleased with what we were doing, so they often tried to help us,” Mr. Giffen said.

The Giffens, who primarily live in Edmonton, have been visiting the home for about five years, slowly putting on finishing touches. Their next project? An overgrown rose garden.

“We don’t need any more spaces,” Mrs. Giffen joked. “If you make a finished room, you have to clean it.”

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Thursday, August 3, 2017

Maax to acquire SaniNova B.V

Read article : Maax to acquire SaniNova B.V
Maax expands European presence. Lauzon, Michael // Plastics News;3/6/2000, Vol. 12 Issue 1, p31 

Reports on Maax Inc.'s acquisition of SaniNova BV. Expansion of Maax's bathware presence into Europe; SaniNova's predicted sales in 2000.

Manufacturer/Wholesaler news.  // Reeves Journal: Plumbing, Heating, Cooling;Apr2000, Vol. 80 Issue 4, p66 

Presents news briefs related to the construction industry in the United States, as of April 2000. BuildNet Inc.'s signing of an agreement to acquire NxTrend Technology Inc.; MAAX Inc.'s acquisition of SaniNova BV; Construction plans for a spa at the American Club hotel in Kohler, Wisconsin.

Maax to buy assets of injection molder Shostal. Lauzon, Michael // Plastics News;03/30/98, Vol. 10 Issue 5, p7 

States that Maax Incorporated plans to acquire the majority of Shostal Limited's assets. Statistical information on Shostal; What is made at Shostal; Comments from the president and chief executive officer at Maax, Placide Poulin.

Maax buys Aker, boosts market. Lauzon, Michael // Plastics News;7/22/2002, Vol. 14 Issue 21, p8 

Reports the acquisition of Maax Inc. of Aker Plastics Inc. in Plymouth, Indiana. Annual sales of Aker; Impact of the acquisition on the company; Provision of Aker of purchasing synergies for acrylic sheet and other materials.

Bathware maker Maax diversifying with KSD.  // Plastics News;2/16/1998, Vol. 9 Issue 51, p15 

States that the Maax Incorporated is planning to acquire the assets of KSD Industries to diversify into United States production of shower doors and medicine cabinets. Comments from Placide Poulin, Maax president and chief executive officer (CEO).

Consortium to acquire Maax. Lauzon, Michael // Plastics News;3/15/2004, Vol. 16 Issue 2, p26 

Acrylic and fiberglass bath-ware producer Maax Inc. will be sold to a consortium of investment firms and managers. Maax has announced that the Poulin family, which holds 14.5 percent of the company's shares, the largest block, agreed to a purchase price of C $22.50 per share. The price is a 22...

Maax Inc. is eyeing acquisitions in U.S.  // Plastics News;10/28/96, Vol. 8 Issue 35, p8 

Reports on a possible acquisition for Maax Incorporated with a company in the United States, in order to meet growing sales. Financial information on Maax; When they released their expansion plan.

Maax planning Midwest plant. Lauzon, Michael // Plastics News;7/15/1996, Vol. 8 Issue 20, p3 

Reports on Canadian bathware producer Maax Inc.'s plan to set up a Midwest production plant by the end of 1996. Maax's plan to invest one million Canadian dollars for the plant; Background on Maax's operations and finances.

Maax closes industrial parts division.  // Plastics News;8/26/1996, Vol. 8 Issue 26, p3 

Reports on Maax Inc.'s closure of its Xatec subsidiary after a strike caused it to lose contracts for industrial composite parts.

Thursday, February 1, 2018

Pamela Anderson's Malibu Home Is Available for Rent

Read article : Pamela Anderson's Malibu Home Is Available for Rent

Q: How do you know you're living in a home owned by Pamela Anderson?

A: There's at least one bedroom with a bathtub in it.

It isn't a trick question. In her Malibu home that's available for rent, there's a bathtub in the bedroom—not in the bathroom. For some reason, once the buxom actress/designer gets her hands on a property, she goes from "Baywatch" to "Bath Watch," installing freestanding tubs in the master bedroom.

Her Malibu Colony house with this distinctive layout is looking for a tenant. You, too, can saunter from the bed, bath, and beyond without having to fiddle with any bothersome doorknobs—if you're willing to pay $50,000 a month.

Unique bed-bath combinationUnique bed-bath combination

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Covered patio and poolCovered patio and pool

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Of course there are other advantages to living in this luxe beach house. Remodeled in 2013, the property includes a main house and a guesthouse, separated by an outdoor pool. There are a total of five bedrooms and three bathrooms.

The overall design is airy and classic Malibu. It comes furnished. There's also a white piano, crystal chandeliers, and hardwood flooring  throughout the home.

Great roomGreat room

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The kitchen is open and has slab stone countertops; a dining island; and high-end stainless-steel appliances, including a built-in espresso machine and a glass-front refrigerator.

KitchenKitchen

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The bedrooms in the main house feature private decks. Teak decks abound in back, where you'll find a covered patio, fire pit, fireplace, and hot tub.

Fire pit and multiple decksFire pit and multiple decks

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The property doesn't look like much from the street, but these Malibu beach houses hardly ever do—it's part of their allure. It also doesn't sit directly on the beach, although there are beach views from the second story.

There are also golf course views from the bedrooms and decks. The compound is walled and very private, which is understandable, since Anderson has surely had her share of gawkers, stalkers, and paparazzi trying to peer in.

Street viewStreet view

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Golf course view from upper deckGolf course view from upper deck

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Anderson purchased the property in 2008 for $1.8 million, and spent so much remodeling it that she confessed she was in debt. As a result of the cash crunch, she listed it in 2013 for $7.75 million. She eventually took it off the market—perhaps realizing that she could earn tens of thousands of dollars per month renting it out.

The Canadian-born actress and former Playboy Playmate is best known for the TV series "Baywatch," "Home Improvement," and "V.I.P." She was married to rocker Tommy Lee, with whom she had two sons.