Vacant since 1998 it's probably a demolition job then. Almost 30 years with no maintenance I cannot imagine those foundations with all the infiltrations around it. There's a reason why nobody's touched it with a long stick so far...
Not necessarily If the foundations hold and the walls are as solid as they look, you can get away with just a core removal and a few patches here and there
It would depend on the level of water intrusion. Water getting in would cause tons of rot and mold, but if it was sealed then it might not be as bad as you would think after 30 years.
You say the building has rotted a bit, so huge empty liminal spaces and the smell of damp carpet... I can see the headlines now "Linus buys The Backrooms"
funny that you said foxconn The tech mall in Taiwan that Luke mention, one of the mall in that complex is build and own by foxconn and run by foxconn founder's son...
doesn't sound too bad to me. where do i sign? he DID say it was optional, but of course, you'd save a ton doing that, and could then save up your "Linus Bucks" to buy that Buick in the car lot on the first floor :D
Might be able to negotiate with city for almost no tax for few years until center is up and running basically as long as you meet x amount of progress a year and if you don't depending on amount depends on tax reduction for that year
hell, in my town, a developer negotiated no property tax for 40 years on a mixed-use development in exchange for a small percentage of the rental income and minimum requirement for low income residential.
@@dippst When they mentioned the property tax, I was thinking you'd want to get it tax free for 50 years. If the city actually wants it to become useful and contribute to the local economy, they'll take a deal like that.
From an Architectural Designers standpoint, it is possible that it is fine. We are currently working on a job renovating a dilapitated Theater in New York thats been vacant for years and transforning it into a companies headquarters and distribution center. However, the foundations were not damaged and we almost stripped the entire interior of the building minus the mechanical room and the elevator. This building you are showing will probably need a gut renovation and a new facade, but if the structure and the foundations are solid then that would be the majority of the costs plus the land. Just something to think about.
Given that the city wants it bought and used, and the general rise of reclamation and recycling policies, I think this might be one of those cases where, with enough financial and local political finagling, it might possible to offset costs of buying and even fixing it with grants, tax write-offs, 0% loans, and other benefits.
I suspect Linus talked about this with Taryn at some point. Jokingly because of how bad of an idea it was once you did anything other than a surface level evaluation
ngl after having gigabit internet..i can only enjoy the speed occasionally as most of the server that I used to download movies(pirate) throttle it down hard
@@Soflogamer knowing Linus, he'd probably actually make a real college for science and tech courses. But there would be a section of the campus just for LMG use.
In Denmark close to where i live, there is an abandoned sanatorium that has been a ghost place for many years. It got sold basically for a penny, since it required XXX millions to renovate. So, a similar story to that small town. :) It got sold for the exact reason of being very expensive to renovate. DO IT! :D
Two things, Just because they're asking a specific price doesn't mean that's what they actually expect to get for it - Lowball 'em. Second, if the city wants something done with it get the city to contribute, i.e. grants, tax breaks, no-cost permits, etc.
My first thought “money pit” my second thought “endless money pit”. Some thoughts/dreams should never leave your mind. It’s not an investment opportunity unless it’s really cheap.
Serious talk. Doesn't need to be company town. It could be a like one of those all in one life style center. High tech apartment that is consistently upgraded, not only a physical LTT store, but a tech mall too as well as shopping arcade of tiny shops for very small business or starting business, walkable grocery stores for nearby residents.
That building is just going to sit in someone's portfolio while it "appreciates" and then it will go in another court ordered sale 10 years down the line.
Oh linus should absolutely buy the stupid eyesore building. You'll prob get Hella cred with the city for finally getting the eyesore back up and running which should help with getting the Lan center going
Theyll need like a walkie talkie system in place if they had everyone there like "Where are you??" "In cafeteria B why?" "You have a shoot near studio F" "Thats all the way across the building?!"
@@MrLTiger honestly it seems to be a worldwide issue. No different in the EU / murica / Australia / New Zealand. Can't speak for Africa / south America etc as I don't know people there... But it wouldn't surprise me if it is more of the same.
@SyntheticFuture I am indian so i can speak for my country. In cities like Delhi and Mumbai, the housing and commercial prices are absolutely insane. But in tier 2 and tier 3 cities it is a great time to buy affordable houses in relatively good localities right now
@@Pepe-nm9vk thanks for chiming in! Yeah I bet the "main cities" are always going to be the worst with these things. Good to hear there's still options there though 👍🏻
The biggest issue with that building is that it sat for so long you have an already aged building where sure it LOOKS fine, but the structure is already halfway through its useful design life regardless of if it was well maintained within that timeframe, but I can guarantee you that it hasn’t been, so unless they can provide you the maintenance and inspection records for the past two decades you essentially have to count on having to rebuild the whole dang thing anyway.
Buy it, demolish the building and rebuild it to LTT specs. DO NOT RENOVATE!!!! You can house LTT, LABS, LTT Store and even have some rental spaces for other businesses to make some money.
You could probably make a deal/plan with the city if you really have a plan to renovate it, with regards to taxes, payment plans, Loans, literally whatever. You should definitely at least try.
luke has the right idea sell everything everyone lives/works in a house or two like back in the day and the new building starts paying off itself right away with vlogs 😂
Why not a nice crowd founding and we can put from 1 to 20 bucks (depending on what someone can afford), make it good and engrave the names as founding members
Speaking of "haunted" one of the most sought after real estate here in my town are some blocks of apartments build in the shell of what used to be called Pentridge Prison
The sample from the video didn't look too bad. No major water damage, stains, obvious mould, cracks in the concrete floors...it looks like less of a renovation and more of an update/interior build. The shell looks fine at a glance, even after watching through the whole video from that news site myself. It's literally just a shell that needs the interior built. Its just that someone actually needs to spend the money to finish it instead of expecting property values to rise or for someone else to rent it and finish the work for them (which is somewhat common for commercial spaces I'll grant)
@@GusBDamme I'm not saying it doesn't need an inspection, but it's a post-asbestos building that never had an interior installed before, and doesn't have a finished HVAC system or finished plumbing. Probably needs extra fireproofing after 2001. Like, that's what a lot of commercial buildings look like before they're built up for the purpose they'll be used for. I'm not saying its cheap, I'm saying its actually a surprisingly well preserved shell to work off if someone is willing to spend the money to actually do the work and not just knock it down and build a whole new thing that'll be needing millions in maintenance after 7 years (looking at you toronto).
I think LTT probably has the best chance of being able to renovate the place without having to spend the full 100 MIll if they pull out all the stops in asking sponsors and other companies to help in some form. But even then they'd still have to put a significant amount of money into it and would take a long time, and god forbid anything happens that delays everything especially with how old it is.
Reminds me of the 100 Thieves Cash App Compound. They have a Rocket Mortgage League of Legends training room, AT&T Valorant training room, Totino's Fortnite training room, and a ton of other sponsored areas. what a mess.
I’m a contractor from Michigan right by the Canadian border. I could offer my labor to help if provided transportation and would help establish sub contractors to volunteer labor
may I please request that a link to the full episode be linked or at least listed somewhere in the description or pinned comment ? this is common practice for vtuber clip channels - I had to seek out the full wan show episode myself. for anyone that this may help it was the october 4 wan show "scams are legal now"
So call EVERY sponsor you've ever had and promise them 4 or 5 years of sponsored renovation vlogs. That should cover a pretty good chunk of the purchase price.
4:00 or get them to check in on your progress, if thats what works for you, but yes dont tell people BEFORE starting, only when you have made a bit of progress
Get a bunch of building companies evaluate how much it would cost to build such a building from scratch, and using all that data, convince the city to give you the building for free in order for you to renovate it, with your own money, because building a new building from scratch would be cheaper and it's a historical building which is part of the history of the city so it should not be demolished. Convince them with the badminton center's results that all the online advertising from you simply renovating the building will be enough to turn the area into an activity center, raising the adjacent land value and increasing the tax revenue from the area by bringing more businesses in the area through your advertising. And with sectioning off a the usable parts of the building, you could even have a non-whale LAN party where to set world records for the amount of people playing games at the same time in the same building. That alone would raise a lot of attention to the area. And when you add big sponsors providing lots and lots of cheap gaming PCs for people to use, even if they're mostly running linux and playing very non-demanding games, it would still end up as a global event. You know how a few offline conventions ended up closed for the forseeable future? You could add such events, too, at the LAN event, but like a real-time LTT video, in which you go from booth to booth, followed by a bunch of cameras, and they get to see you on those massive projectors from the badminton center, from multiple angles at the same time, testing things live, and probably breaking a few of them in the process. If you can turn a third of the building into a hotel, another third into a mall, and the other third into a LAN center, you could have a tournament hosting facility with quarterly events (4 events every year, one per quarter of the year), and you could realistically get tens of thousands of people from outside the state and maybe even from outside the country, to visit their city, because the city is around your entertainment center. Take tournaments to a brand new level, by making a tournament hall, where people can compete in multiple tournaments going on at the same time, and people can watch live from the event or from home those events. You would almost quite literally need to become your own ISP in order to bring to the building the internet bandwidth you would need to pull that off. Heck, you might need to get Elon Musk to sponsor your internet, by almost literally filling the whole roof with starlink sattellite dishes. And you might need as much power as an actual electricity-intensive factory, to pull that off. You might end up with a city inside another city. You might end up improving the concept of the Vatican, and make the LTT country inside Canada, if things evolve enough. And that might be needed in order to not have to deal with all the zoning codes, even if you have to get all the inspections done the same as everyone who would need to follow those zoning codes, to know what caused the problems when problems will inevitably show up.
I understand there is some major complexity in a Linus town legally but I think buying an apartment complex for workers could be sick. Supply rides for workers and other benefits. It would be great for people you are working with and new workers that come from other countries and cities. The amount of cult memes would be hysterical.
There aren't just legal troubles with it. There are ethical problems too. If you lose your job, you're immediately homeless. If you die, your family is immediately homeless. If living in the building is mandatory for workers, then your boss also has control over your rent.
@@OriginalPiMan these can all be worked around though. If someone dies their family is just vitoed in. If they get fired they just start paying normal tenet rent.
@@OriginalPiMan yeah but at the end of the day it's not like you are forced to live there either. I do think a middle ground could be met especially for jobs where you are on site half the year etc. if it wasn't a good fit you could find a different job that doesn't offer this.for me personally I think it would be less of a headache to live there and if it wasn't I'd move out. I don't think the option should be outlawed tbh.
Hmm, there are lots of houses in the area, could offer parking spots for short-term renting for anyone living in the area, they might occasionally take you up on that in scenarios where they have a lot of visitors over that need parking spots.
you could create an entire separate company that only does moving and construction vlog content for years until this is ready for your guys to finally use.
If the government really wants this thing to be used they'll have to give some sort of incentive. Whether that be paying lower taxes for the first few years to allow more headroom for demolition and rebuilding or something
Everyone who failed before was strictly in it for the money Linus has the passion which is more powerful than people could ever imagine, especially with his amazing team and Dan.
Wait I just saw another comment that said you should buy it and demolish it. Wouldn’t that be a great idea? You would have infinite parking, you could rebuild all of the buildings you need, which won’t need expensive renovations, and you could rent out space to small businesses or housing! Maybe like, make a really pretty building plan that the city would agree with? Idk, I have no idea how this stuff works. But it would be so cool :)
The city could potentially be open to providing some funding if they want it to be a thing, considering that you'd have your own uses in the building, and thus you wouldn't be relying on others to move in before the building can actually be put to use. Essentially, you'd only have to convince the city, and you could possibly even get some money out of a supermarket chain if you promise them that they get x amount of space, which would be fairly valuable considering the residential zoning, and that you could be bringing residents with you. There could also be some government grants or some other type of funding you could seek. You could have a pretty decent chance at being able to get it if you position yourself correctly.
Having worked in construction and haven’t done quite a few of renovations, I’ve learned 2 things, ppl are always underestimating the costs for small buildings like a house, and always overestimating bigger buildings You get bulk discounts
I used to live two blocks north of that building! I heard it did sell recently (apparently not, it got foreclosed this June so it's abandoned again from what I can see). That building is so cursed I swear to god XD
haven't heard of this before but it might be better to knock it down and use the land in chunks (and keep the mixed zoning element) imagine: someone rennovates the building, in 20 years falls on hard times, and again the building sits abandoned. what then? smaller buildings are inherently more maintainable i think
I be Dbrand would sponsor the employee deadpool from living/working in that building while it's under renovation. Seriously, after 3 decades of ZERO maintenance, it's not a gut and renovate project; it's a demolition project. But at least you'd have a clean slate for whatever your team could envision.
Wow. A building that has a better record of not-used-yet than our I-4 Eye Sore. The Eye Sore has only been under construction, and still not done, since 2001.
Man... This would be the coolest thing. Imagine, if every LTT subscriber donated just $5, we could make this a reality just like that. ...Now I'm starting to sound like Wikipedia.
Companies providing housing for their employees used to be a thing. Low wages but with low housing costs made working there worthwhile. They died off when people: 1) Wanted more space and privacy through suburbs. 2) Didn't want to essentially be forced into a job just because they lived in a certain apartment complex. 3) Could afford cars more easily. I wouldn't be surprised if this style of living comes back for a while, but I wouldn't expect it to last.
Sad bit to this story...that building was vacant and nearly finished when I moved to Surrey in January of 2000...it's literally still unused and if I recall...it's under court ordered sale now I think.
🎵🎶"Ya write 16 lines, and whaddaya get? Another day older and deeper in debt. Saint Peter don't ya call me cause I can't go - I owe my soul to the LTT store..." 🎶🎵
I think you guys might have more of a chance here than you think. As a potential big business, you guys can have sway over the city council to broker a decent deal. In addition, this building might be in that sweet zone where, while all the utilities have rotted out, it could structurally be fine. If you combine both of those, and a decently low bid, this could be huge for y'all.
If you put up a fundraiser or sumn similar in promise to move there, think there'd be many viewer down to support, just to see all the adventure and content coming from it.
"Clothing Designers and Video Production" people renovating a Commercial building makes about as much sense as "Clothing Designers and Video Production people" renovating and setting up a Badminton/LAN Party Centre so I'm not sure that's the blocker he's putting it up to be 😂😂
Seems perfect for a Specialised single campus Univerity or Educatrion Centre. The students and some employees would live on campus. Education periods could run on a 24 hour schedual so students can plan a work and social life. With Lot's of recreational and development centres built into the core of the campus. An entire University experience in one building.
That building would unironically be better as lowcost housing with recreation facilities like a gym or basketball court, etc with stores instead of the suburbs behind it Though I do not want a "company town" where my coworkers live close to me or are literally next door
this place and that market. two nice buildings that just never happened. I remember watching this place get built and then nothing. they should have done something 20 years ago
@@victorkreig6089 Not because he banned alcohol, women and football, while requiring a very specific diet and working during the hottest time of the day in a tropical environment?
Dbrand can sponsor the nets around the perimeter.
That would be so funny.
That would be hella on-(d)brand 😂
Oh no 💀
Underrated comment
if i was an LTT employee i'd jump because nets are fun
This is ridiculous. Linustown would obviously need to be in the shape of an L, not for his ego, but for his loss
And if it's his loss, then he could write it off.
That's clearly a double L, so Linus' loss
F would also be acceptable.
L town
Just demolish one side and you have an L shaped Building
Vacant since 1998 it's probably a demolition job then. Almost 30 years with no maintenance I cannot imagine those foundations with all the infiltrations around it.
There's a reason why nobody's touched it with a long stick so far...
Not necessarily
If the foundations hold and the walls are as solid as they look, you can get away with just a core removal and a few patches here and there
It would depend on the level of water intrusion. Water getting in would cause tons of rot and mold, but if it was sealed then it might not be as bad as you would think after 30 years.
Depends on the construction techniques used.
@@Soguweprobably need a whole crew to repatch and repair the building before any modifications can be done
If they're mentioning equity, it's possible there are active liens on the property too.
You say the building has rotted a bit, so huge empty liminal spaces and the smell of damp carpet... I can see the headlines now "Linus buys The Backrooms"
A twenty minute video of Linus walking around would get so popular it'd pay for the building
@@BigCleverName Staff dressed up as entities and chasing him around. Sounds like something that would have made it onto Channel Super Fun lol
what a dream, to live at my job and let my coworkers know everything that happens in my personal life, what a joy it is to work at foxcon!
see.. it doesnt have to be dystopian...
You don't have too but still, knowing how expensive are flats in Vancouver, that perk would be nice.
funny that you said foxconn
The tech mall in Taiwan that Luke mention, one of the mall in that complex is build and own by foxconn and run by foxconn founder's son...
doesn't sound too bad to me. where do i sign? he DID say it was optional, but of course, you'd save a ton doing that, and could then save up your "Linus Bucks" to buy that Buick in the car lot on the first floor :D
its so big, im not sure it would be that black and white. probably takes a few hours to walk end to end.
Might be able to negotiate with city for almost no tax for few years until center is up and running basically as long as you meet x amount of progress a year and if you don't depending on amount depends on tax reduction for that year
hell, in my town, a developer negotiated no property tax for 40 years on a mixed-use development in exchange for a small percentage of the rental income and minimum requirement for low income residential.
@@dippstDang, I wish I could negotiate anything as well as that guy.
@@dippst
When they mentioned the property tax, I was thinking you'd want to get it tax free for 50 years. If the city actually wants it to become useful and contribute to the local economy, they'll take a deal like that.
lol for disaster like this cities in the US usually have grants towards the cost of the facade to rehab old buildings
From an Architectural Designers standpoint, it is possible that it is fine. We are currently working on a job renovating a dilapitated Theater in New York thats been vacant for years and transforning it into a companies headquarters and distribution center. However, the foundations were not damaged and we almost stripped the entire interior of the building minus the mechanical room and the elevator. This building you are showing will probably need a gut renovation and a new facade, but if the structure and the foundations are solid then that would be the majority of the costs plus the land. Just something to think about.
It would be one hell of a tax write off :D
Think of the city grants alongside the tax write-offs.
They could afford it if they wrote off more shirts.
Given that the city wants it bought and used, and the general rise of reclamation and recycling policies, I think this might be one of those cases where, with enough financial and local political finagling, it might possible to offset costs of buying and even fixing it with grants, tax write-offs, 0% loans, and other benefits.
Poor Terren. He must have had a heart attack listening to the WAN show last week. 😂
I suspect Linus talked about this with Taryn at some point. Jokingly because of how bad of an idea it was once you did anything other than a surface level evaluation
Minimum 25gb internet speed minimum to agreed to live there 😂
ngl after having gigabit internet..i can only enjoy the speed occasionally as most of the server that I used to download movies(pirate) throttle it down hard
@@kubotite9168get better habits with more generous server hosters
@@kubotite9168DDL? Come on, just torrent it. 1337x exists.
@@kubotite9168I have gigabit and on many game launchers I barely even get anywhere near that LOO
Imagine how many people are sending this video to the Surrey City Council right now. :D
yes lets get the city to give linustown some writeoffs
no property tax for first 10 years...
Linus can move the badmitton center to 1 floor, LTT to 2 floors, Labs to 2.
Beef up the sump pumps and good to go!
God, that's a beautiful building. Would be an insane HQ
Would make a nice college
@@greg3576 Heck, He'd probably get a discounted price if he said he was going to turn it into a community college
@@TAMAMO-VIRUSto then get sued for not making it a community college and get court ordered to sell 😭
@@Soflogamer knowing Linus, he'd probably actually make a real college for science and tech courses. But there would be a section of the campus just for LMG use.
In Denmark close to where i live, there is an abandoned sanatorium that has been a ghost place for many years. It got sold basically for a penny, since it required XXX millions to renovate.
So, a similar story to that small town. :)
It got sold for the exact reason of being very expensive to renovate. DO IT! :D
Honestly they should level it but keep the parking garage underground
You never said of the purchase was successful in the end or not lol
Linus would absolutely deny having a doomsday bunker if he has one. He would deny it because he doesn't want anyone to know about it!
He'd be smarter than like 90% of TH-camrs then xD
God it'd be so cool if you could negotiate a deal with the city for some subsidies to develop it
Do it!
You talked about an LTT compound years ago, and I thought it was a brilliant idea back then.
As cool as it would be, it would bankrupt them
@@theonlyraidjust double the ads, ez
Linus land, with Linus museum and all.
And then Linus would own a construction company... Taking him closer to be an edible rich.
Imagine Linus in the construction process. "I want fucking eggshell"
Two things, Just because they're asking a specific price doesn't mean that's what they actually expect to get for it - Lowball 'em. Second, if the city wants something done with it get the city to contribute, i.e. grants, tax breaks, no-cost permits, etc.
My first thought “money pit” my second thought “endless money pit”.
Some thoughts/dreams should never leave your mind.
It’s not an investment opportunity unless it’s really cheap.
You'd have trouble making money on this if it was handed to you for free.
You mean endless content pit.
@@xGaLoSxI think the interest will somewhat drop after restoration vlog 3496
@@zacuax7272 lol so true
@@xGaLoSx imagine a whole ltt channel to techtown (name not final)
Serious talk. Doesn't need to be company town. It could be a like one of those all in one life style center. High tech apartment that is consistently upgraded, not only a physical LTT store, but a tech mall too as well as shopping arcade of tiny shops for very small business or starting business, walkable grocery stores for nearby residents.
Could also have the 1st Microcenter in Canada
That building is just going to sit in someone's portfolio while it "appreciates" and then it will go in another court ordered sale 10 years down the line.
Oh linus should absolutely buy the stupid eyesore building. You'll prob get Hella cred with the city for finally getting the eyesore back up and running which should help with getting the Lan center going
It probably has Hella power budget. Slap some EV chargers in those 600 spots to instantly get some income going
Theyll need like a walkie talkie system in place if they had everyone there like "Where are you??" "In cafeteria B why?" "You have a shoot near studio F" "Thats all the way across the building?!"
Hoverboards
PNEUMATIC TUBES LET'S GOOOOO
It was bought a few years ago for 55 mill, now selling for more... even though the building is even worse...
Got to love real estate...
wtf is wrong with real estate in BC that is messed up
@@MrLTiger honestly it seems to be a worldwide issue. No different in the EU / murica / Australia / New Zealand. Can't speak for Africa / south America etc as I don't know people there... But it wouldn't surprise me if it is more of the same.
@SyntheticFuture I am indian so i can speak for my country. In cities like Delhi and Mumbai, the housing and commercial prices are absolutely insane. But in tier 2 and tier 3 cities it is a great time to buy affordable houses in relatively good localities right now
@@Pepe-nm9vk thanks for chiming in! Yeah I bet the "main cities" are always going to be the worst with these things. Good to hear there's still options there though 👍🏻
It's just the groundland that's making the price
The biggest issue with that building is that it sat for so long you have an already aged building where sure it LOOKS fine, but the structure is already halfway through its useful design life regardless of if it was well maintained within that timeframe, but I can guarantee you that it hasn’t been, so unless they can provide you the maintenance and inspection records for the past two decades you essentially have to count on having to rebuild the whole dang thing anyway.
Buy it, demolish the building and rebuild it to LTT specs. DO NOT RENOVATE!!!! You can house LTT, LABS, LTT Store and even have some rental spaces for other businesses to make some money.
Think of how many content videos they can make with that.
Linus construction and renovation tips
Don't forget the badminton court!
Linus eggshell paintips!
Yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes
The LT-Town
LTTT
@@OliRotMG Trouble in LTT Town
@@OliRotMG LTTTT (Linus tech tips tech town)
@@benllewelyn98 LTTTTT (Linus Tech Tips Tax Tech Town)
You could probably make a deal/plan with the city if you really have a plan to renovate it, with regards to taxes, payment plans, Loans, literally whatever. You should definitely at least try.
Biuld the tech city that Google couldn't.
Google couldnt because all the cool people that started Google took the money and ran back in 06
LTX there, whales can pay extra to stay on site would be sick
luke has the right idea sell everything everyone lives/works in a house or two like back in the day and the new building starts paying off itself right away with vlogs 😂
Everyone's onboard, except Linus ! Its a big financial burden though... will sink money to get it up and running!
Never forget the huuuge write off!11!
Why not a nice crowd founding and we can put from 1 to 20 bucks (depending on what someone can afford), make it good and engrave the names as founding members
i would do it
@@eddi3920me too, even just for the meme
Why the hell would regular people help out a corporation with multi-millionaire owners? Dumb as hell
Speaking of "haunted" one of the most sought after real estate here in my town are some blocks of apartments build in the shell of what used to be called Pentridge Prison
The sample from the video didn't look too bad. No major water damage, stains, obvious mould, cracks in the concrete floors...it looks like less of a renovation and more of an update/interior build. The shell looks fine at a glance, even after watching through the whole video from that news site myself. It's literally just a shell that needs the interior built. Its just that someone actually needs to spend the money to finish it instead of expecting property values to rise or for someone else to rent it and finish the work for them (which is somewhat common for commercial spaces I'll grant)
It’s sat for 30 years, it is definitely more than an update lol
@@GusBDamme I'm not saying it doesn't need an inspection, but it's a post-asbestos building that never had an interior installed before, and doesn't have a finished HVAC system or finished plumbing. Probably needs extra fireproofing after 2001. Like, that's what a lot of commercial buildings look like before they're built up for the purpose they'll be used for. I'm not saying its cheap, I'm saying its actually a surprisingly well preserved shell to work off if someone is willing to spend the money to actually do the work and not just knock it down and build a whole new thing that'll be needing millions in maintenance after 7 years (looking at you toronto).
I think LTT probably has the best chance of being able to renovate the place without having to spend the full 100 MIll if they pull out all the stops in asking sponsors and other companies to help in some form. But even then they'd still have to put a significant amount of money into it and would take a long time, and god forbid anything happens that delays everything especially with how old it is.
The D-Brand apartment wing 🤣
Reminds me of the 100 Thieves Cash App Compound. They have a Rocket Mortgage League of Legends training room, AT&T Valorant training room, Totino's Fortnite training room, and a ton of other sponsored areas. what a mess.
@@J-wm4ss If it works, it works. Bring on the party pizzas.
Wouldn't hurt throwing a lowball bid in. I'm sure it could be flipped.
Just imagine that enormous orange LTT logo on the front
Or on the roof, visible on satelite photos like e.g. Volvo in Wroclaw, Poland.
there are TONS of abandoned buildings here in the US for MUCH less (even in Canucklehead bucks).
It's catch phrase could be "Drop everything and come to Linustown"
If its a court ordered sale you might be able to get the city to sell it for a dollar and then spend 63 million for renovation
Everyone has a corner office: You have a corner office but it's an inside corner
Honestly, Fraser Health or the city of Surrey should purchase it and put a hospital there. We NEED better healthcare in Surrey.
I'm with you there. show up to the auction. drop $1 to $1m and all walk away. if you get it... welll. god help you.
Do it do it
As much as it looks like a dream, it sounds like a nightmare waiting to happen.
Even if I could pay for it all and still have dough left, I wouldn't.
I’m a contractor from Michigan right by the Canadian border. I could offer my labor to help if provided transportation and would help establish sub contractors to volunteer labor
11:16 The chuckle really got me 🤣
This is like that Alaskan town that all live in one building.
Do. It. Linus Ghost tech town is RAD
may I please request that a link to the full episode be linked or at least listed somewhere in the description or pinned comment ? this is common practice for vtuber clip channels - I had to seek out the full wan show episode myself. for anyone that this may help it was the october 4 wan show "scams are legal now"
thank you
So call EVERY sponsor you've ever had and promise them 4 or 5 years of sponsored renovation vlogs.
That should cover a pretty good chunk of the purchase price.
4:00 or get them to check in on your progress, if thats what works for you, but yes dont tell people BEFORE starting, only when you have made a bit of progress
Reach out to the City of Surrey and see if they will work with you on it somehow.
Get a bunch of building companies evaluate how much it would cost to build such a building from scratch, and using all that data, convince the city to give you the building for free in order for you to renovate it, with your own money, because building a new building from scratch would be cheaper and it's a historical building which is part of the history of the city so it should not be demolished. Convince them with the badminton center's results that all the online advertising from you simply renovating the building will be enough to turn the area into an activity center, raising the adjacent land value and increasing the tax revenue from the area by bringing more businesses in the area through your advertising.
And with sectioning off a the usable parts of the building, you could even have a non-whale LAN party where to set world records for the amount of people playing games at the same time in the same building. That alone would raise a lot of attention to the area. And when you add big sponsors providing lots and lots of cheap gaming PCs for people to use, even if they're mostly running linux and playing very non-demanding games, it would still end up as a global event.
You know how a few offline conventions ended up closed for the forseeable future? You could add such events, too, at the LAN event, but like a real-time LTT video, in which you go from booth to booth, followed by a bunch of cameras, and they get to see you on those massive projectors from the badminton center, from multiple angles at the same time, testing things live, and probably breaking a few of them in the process.
If you can turn a third of the building into a hotel, another third into a mall, and the other third into a LAN center, you could have a tournament hosting facility with quarterly events (4 events every year, one per quarter of the year), and you could realistically get tens of thousands of people from outside the state and maybe even from outside the country, to visit their city, because the city is around your entertainment center.
Take tournaments to a brand new level, by making a tournament hall, where people can compete in multiple tournaments going on at the same time, and people can watch live from the event or from home those events. You would almost quite literally need to become your own ISP in order to bring to the building the internet bandwidth you would need to pull that off. Heck, you might need to get Elon Musk to sponsor your internet, by almost literally filling the whole roof with starlink sattellite dishes. And you might need as much power as an actual electricity-intensive factory, to pull that off.
You might end up with a city inside another city. You might end up improving the concept of the Vatican, and make the LTT country inside Canada, if things evolve enough. And that might be needed in order to not have to deal with all the zoning codes, even if you have to get all the inspections done the same as everyone who would need to follow those zoning codes, to know what caused the problems when problems will inevitably show up.
And a double ply roll of toilet paper costs 85 Linus Bucks at the company store
I understand there is some major complexity in a Linus town legally but I think buying an apartment complex for workers could be sick. Supply rides for workers and other benefits. It would be great for people you are working with and new workers that come from other countries and cities. The amount of cult memes would be hysterical.
There aren't just legal troubles with it. There are ethical problems too.
If you lose your job, you're immediately homeless. If you die, your family is immediately homeless.
If living in the building is mandatory for workers, then your boss also has control over your rent.
@@OriginalPiMan these can all be worked around though. If someone dies their family is just vitoed in. If they get fired they just start paying normal tenet rent.
@@ItsQualitycontent
Alternatively, the massive conflicts of interest can be avoided by outlawing company towns or anything like them.
@@OriginalPiMan yeah but at the end of the day it's not like you are forced to live there either. I do think a middle ground could be met especially for jobs where you are on site half the year etc. if it wasn't a good fit you could find a different job that doesn't offer this.for me personally I think it would be less of a headache to live there and if it wasn't I'd move out. I don't think the option should be outlawed tbh.
LMG tech school/college?
Hmm, there are lots of houses in the area, could offer parking spots for short-term renting for anyone living in the area, they might occasionally take you up on that in scenarios where they have a lot of visitors over that need parking spots.
you could create an entire separate company that only does moving and construction vlog content for years until this is ready for your guys to finally use.
If the government really wants this thing to be used they'll have to give some sort of incentive. Whether that be paying lower taxes for the first few years to allow more headroom for demolition and rebuilding or something
Everyone who failed before was strictly in it for the money Linus has the passion which is more powerful than people could ever imagine, especially with his amazing team and Dan.
Wait I just saw another comment that said you should buy it and demolish it. Wouldn’t that be a great idea? You would have infinite parking, you could rebuild all of the buildings you need, which won’t need expensive renovations, and you could rent out space to small businesses or housing! Maybe like, make a really pretty building plan that the city would agree with?
Idk, I have no idea how this stuff works. But it would be so cool :)
The city could potentially be open to providing some funding if they want it to be a thing, considering that you'd have your own uses in the building, and thus you wouldn't be relying on others to move in before the building can actually be put to use.
Essentially, you'd only have to convince the city, and you could possibly even get some money out of a supermarket chain if you promise them that they get x amount of space, which would be fairly valuable considering the residential zoning, and that you could be bringing residents with you.
There could also be some government grants or some other type of funding you could seek.
You could have a pretty decent chance at being able to get it if you position yourself correctly.
Having worked in construction and haven’t done quite a few of renovations, I’ve learned 2 things, ppl are always underestimating the costs for small buildings like a house, and always overestimating bigger buildings
You get bulk discounts
So how many Canadian TH-cam channels can come together and make it happen.
10:05 LIEnus HUMAN AD BLOCK CONFIRMED
You must show up at the auction, if there is a chance for this to happen you must take it. Only if it is cheep though
I do like the idea of a Linus Company Town though, kinda like the Coal Mines used to do!
11:20 Data Miners' Town =)
I used to live two blocks north of that building! I heard it did sell recently (apparently not, it got foreclosed this June so it's abandoned again from what I can see). That building is so cursed I swear to god XD
The architecture is really nice, but after looking at it on streetview it is in really bad shape. Definitely not worth it.
you could also rent out space to smaller creators and make into a youtubers hub!
haven't heard of this before but it might be better to knock it down and use the land in chunks (and keep the mixed zoning element)
imagine: someone rennovates the building, in 20 years falls on hard times, and again the building sits abandoned. what then? smaller buildings are inherently more maintainable i think
I be Dbrand would sponsor the employee deadpool from living/working in that building while it's under renovation.
Seriously, after 3 decades of ZERO maintenance, it's not a gut and renovate project; it's a demolition project. But at least you'd have a clean slate for whatever your team could envision.
Wow. A building that has a better record of not-used-yet than our I-4 Eye Sore. The Eye Sore has only been under construction, and still not done, since 2001.
yes - a auction stream would be cool
"Never put all your eggs in one basket" is my immediate thought
Man... This would be the coolest thing. Imagine, if every LTT subscriber donated just $5, we could make this a reality just like that. ...Now I'm starting to sound like Wikipedia.
lmao but cool,even I would donate from India 🙋
You NEED to go to auction and try to get it cheap. Would be a freaking amazing video series
Companies providing housing for their employees used to be a thing. Low wages but with low housing costs made working there worthwhile. They died off when people:
1) Wanted more space and privacy through suburbs.
2) Didn't want to essentially be forced into a job just because they lived in a certain apartment complex.
3) Could afford cars more easily.
I wouldn't be surprised if this style of living comes back for a while, but I wouldn't expect it to last.
Where can we find the video of the people checking it out?
You work for Linus, you live with Linus, you never leave Linus lmao
Put a Hotel, in it and we will visit!!!
100% Linus could setup that building with Dan and his minions help.
“Why not every single person has a corner office” now I’m just imagining a fractal building made to be only corners
Next up on Cult Podcast: LMC: The Linus Media Cult!
Sad bit to this story...that building was vacant and nearly finished when I moved to Surrey in January of 2000...it's literally still unused and if I recall...it's under court ordered sale now I think.
🎵🎶"Ya write 16 lines, and whaddaya get? Another day older and deeper in debt. Saint Peter don't ya call me cause I can't go - I owe my soul to the LTT store..." 🎶🎵
I think you guys might have more of a chance here than you think. As a potential big business, you guys can have sway over the city council to broker a decent deal. In addition, this building might be in that sweet zone where, while all the utilities have rotted out, it could structurally be fine. If you combine both of those, and a decently low bid, this could be huge for y'all.
If you put up a fundraiser or sumn similar in promise to move there, think there'd be many viewer down to support, just to see all the adventure and content coming from it.
"Clothing Designers and Video Production" people renovating a Commercial building makes about as much sense as "Clothing Designers and Video Production people" renovating and setting up a Badminton/LAN Party Centre so I'm not sure that's the blocker he's putting it up to be 😂😂
That would be so sick, but it's one of those things like there's a reason nobody else can fix it
I bet you can find Urban Explorer footage of what it's like inside
Ltt should do a video on trying to renovate it
Seems perfect for a Specialised single campus Univerity or Educatrion Centre. The students and some employees would live on campus. Education periods could run on a 24 hour schedual so students can plan a work and social life. With Lot's of recreational and development centres built into the core of the campus. An entire University experience in one building.
That building would unironically be better as lowcost housing with recreation facilities like a gym or basketball court, etc with stores instead of the suburbs behind it
Though I do not want a "company town" where my coworkers live close to me or are literally next door
There was an ad break right after Luke pointed out how we were all committing a piracy
this place and that market. two nice buildings that just never happened. I remember watching this place get built and then nothing. they should have done something 20 years ago
Henry Ford tried this in Brazil. It didn’t work out
That's because it was in Brazil
@@victorkreig6089 Not because he banned alcohol, women and football, while requiring a very specific diet and working during the hottest time of the day in a tropical environment?
Also could be the LTX convention center.
It could be a pretty cool cult HQ