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[New Office Space] An inventory of upcoming projects
NAME | ADDRESS | NUMBER OF OFFICE FLOORS | TOTAL AREA | STATUS
Under Construction 1. Jameson House | 838 West Hastings | 7 floors | 86,500 sq ft / 8,045 m2 | u/c source 2. Hotel Georiga Tower | 699 Howe Street | 8 floors | 60,000+ sq ft / 5,500 m2 | u/c source 3. Broadway Tech Centre | 2955 Virtual Way (East Broadway at Renfrew) | 4 floors | 114,000 sq ft / 10,600 m2 | u/c source Development Process 1. GM Place Office Tower | 800 Griffiths Way | 22 floors | 260,000+ sq ft / 27,800+ m2 | development application source 2. Bentall Office Tower | 745 Thurlow Street | 23 floors | 400,000+ sq ft / 37,000+ m2 | rezoning application source 3. "Skinny Infill Condo Tower" | 1255 West Pender | 2 floors | <10,000 sq ft / 930 m2 | development application source 4. Broadway Tech Centre | 2910 - 2940 Virtual Way (East Broadway at Renfrew) | 4 bldgs, 3 - 7 storeys | total 533,000 sq feet / 49,500 m2 | rezoned, phased development source 5. MetroLiving | 999 Seymour | 4 storeys | ~20,000 sq ft / 1,800 m2 | rezoning source Concept 1. Oakridge Expansion | 650 West 41st Avenue | ? | in the range of 70,000 sq feet / 6,500 m2 to 200,000 sq feet / 18,500 m2 of office space | policy statement approved by Council source 2. Marine Station | Marine Drive & Cambie Street | ? | ? | Developer PCI Group lists it as "upcoming 2007-2013" source 3. Amacon Tower | Melville Street (beside the Hotel Loden) | ? | ? | rumour? What have I missed? Amacon rumour added Woodward's added Skinny infill condo tower on Pender Street added Broadway Tech Centre added Atelier added MetroLiving (999 Seymour) added Raffles on Robson added Flack Block added |
Amacon tower? or do you want something with a bit more teeth than just early design stage?
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is there going to be any office space in woodwards?
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Well there will be some 60,000 sq feet of office space in Woodward's, but I do not know if it will all be marketed as commercial real estate. My understanding is that government will use a third of this and the remainder will be made available and I would imagine DTES organizations would have priority or the courtesy of preferred bidder status. There will also be 30,000 sq ft of dedicated non-profit space that could be considered office and for the sake of the list I've added it for a total of 90,000.
Arguably this still counts as an increase in office space but it will not have the same effect on the overall commercial office space as the other projects on the list. Here is a link to the best aggregation of Woodward's information I've come across to date. If the GM Place Office Tower and Bentall both go ahead we will have a million square feet of office space under construction in the next year or so. If it does happen then the market will have officially responded. |
Wasn't there an article awhile back that mentioned Vancouver needed something like 30 million sq ft of new office space ?
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^^Ya I think i remember that, didn't it say we needed the equivalent of the WTC in Vancouver, what ppl don't realize when they see low vacancy rates, is that the vancouver market doesn't have any depth, its not like calgary, if you put another million sq ft in the next couple years the vacancy rate will easily be back to more manageable levels, there just isn't that kind of demand for huge downtown office space.
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That's rad, thanks for this list.
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Crossroads is more like 11 or 12 floors, I believe that's the right number
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^ That may be true for the height of the building but the number listed on their website, which could be wrong, was 5. Don't forget there is a pretty healthy retail podium. If someone can nail down the number that would be welcome.
I also added the Broadway Tech Centre at East Broadway and Renfrew. It is classified as high tech office but that is office space all the same. Think of how many Class A, B and C office space in this city is used as "high tech office". The overall seven-building Broadway Tech Centre will be in the 900,000 range. The building that is currently under construction is being built ot LEED Silver equivalency. |
Cool.
Thanks, SFU. |
Thanks.
I've added a couple more as they occurred to me. It is neat to see how these little projects, vertical infill, if you will, are actually adding up to an okay amount of new office space under construction. Individually these projects are not on par with a purpose-built office building but when taken together they do add up. |
The MetroLiving project at 999 Seymour will have a small office component - see City report here for sq ftage details:
http://vancouver.ca/ctyclerk/cclerk/...cuments/p1.pdf I think Raffles has some office in the podium too. |
A bit more info:
Raffles will have 26,528 of rentable area on floors 2 and 3, available for fixturing May 2008 (hasn't been leased yet). The Morris Building, 1575 West 6th - this was supposed to be under construction back in 2005, but was never built. They're still marketing it. If someone preleased the entire thing today they suggest it could be ready by mid-2009. 5 floors, 31,885 sq ft. I wouldn't hold my breath on this one, mostly because the rents they need to build it don't make sense for that location. -------- A law firm has apparently leased the floors Bell had for sublease in Bentall 5...there are currently only TWO available spaces over 20,000 sq ft anywhere downtown - at 1075 W. Georgia and 1133 Melville. |
^Thanks for the Raffles info.
I've added the Flack Building in Gastown/Victory Square that the Salient Group is reno'ing and adding a floor to. That pushed us over half a million sq ft of office space actively under construction. Does anyone know the details about the Yaletown Brewing Company building and its two-storey office addition? |
There's also the rumoured Manulife office building for the northeast corner of Howe and Nelson. I think its planned at 17 storeys. Don't know anything about the square footage though.
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For the Yaletown Brewing expansion - try search the City's website - try searching council agendas and minutes using "Mainland"
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I know that Raffles is 2008, and Jameson is 2009, but after that... Thanx! |
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Electronic arts may be taking some or all of the space (rumour). |
wow this thread is alive!
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Let's give this thread a kick-start because I like office space.
Well now we can't count on Jameson's office...and I think EA and some other video game company just cut their Vancouver workforces. Where was EA's Black Box studio located before it was dissolved? |
Black box was/is in the PWC building.
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Next Level Games has or is moving into the podium of Raffles on Robson.
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The office is two floors. |
Cool..does anyone know who's moving into the podium of Atelier on Robson?
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http://www.iht.com/articles/2007/01/.../vancouver.php
I came across this New York Times article writing about Vancouver's office space shortage in 2007...pretty well written. It mentions this "Bay Parkade" site or development that is supposed to contain substantial office space. I can't find anything on google that gave me much information on this...does anyone know where this is or what's going on with it? |
Holborn (Simon Lim - Ritz-Carlton, defunct The Hills, Little Mountain/Riley Park social housing) owns that property.
There was talk a few years ago of them being in discussions with the City and the City requiring office to be included in a mixed use development - but no recent news. The site could be directly connected to the ticket hall of Granville Station (which is under Seymour Street by the parkade). Unfortunately, there is a 300ft view cone that restricts the height of buildings on the site. |
Simon Lim has been replaced at Holborn, out with the son-inlaw and in with the son. We'll have to wait to see if that's an improvement. If I'm not mistaken that site was offered a huge density bonus to include office space. I don't think we'll see anything there for close to a decade though.
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I never use this emoticon, but i think this warrants a it: :banana: |
I think it may be time to resurrect, and update this thread!
1075 W Hastings Telus Tower 745 Thurlow Burrard Gateway Others? (I know the Amacon office tower is dead...) Perhaps in three categories? 1) U/C 2) Proposed, 3) not built / on hold. |
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Another project that we may soon hear about is from Cadillac Fairview near Granville Square/Waterfront... |
1132 Hamilton St.
renovating an old brick building. adding 3 more floors onto an existing 3 adding on to 27,000 sq ft, with 22,500 sq ft new, 49,500 sq ft total completion 2011 |
745 Thurlow was approved at the DPB last week.
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No he doesn't, but its not the parking structure south of Cordova.
Also there is another decently tall office proposal in the works that isnt on that list. Its not public yet though so I can't say any more. |
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whatever it is, hopefully the project involves getting rid of that pedestrian overpass |
One of these I presume? (i.e. the 11 storey or the 9 storey buildings?)
Note the heights and the view cones... Quote:
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maybe...
It sure isnt 11 stories though. |
Looks like a tiny floorplate.
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“Right now, downtown, there’s no place for tenants who need over 30,000 square feet to go,” Mr. Levine said. “There are several downtown tenants out looking.”
Oxford Properties has an application in to redevelop the University Club site on West Hastings as an office building. Aquilini Investment Group has revived plans to build an office tower near its stadium. Bentall is looking to build yet another tower to add to its cluster in the central business district, this one on Thurlow. And Austeville Properties is pitching a 19-storey, near 500,000-square-foot tower for a site near the Vancouver Public Library on Georgia. http://www.theglobeandmail.com/news/...rticle1774079/ |
Bentall just purchased 1090 West Pender (squat 10-storey office on SE corner of Pender and Thurlow). They also own the 5-storey parkade next door so it sets the stage for a new office tower on that site...probably won't even see a proposal for a few years; after the current wave of proposals become a reality.
Looks like the view cone is about 430 ft. Still could be one of Vancouver's taller office buildings. :tup: |
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great news .... they own the parkade across that short street there Eveleigh ... and image they would try to close that street. |
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http://inlinethumb27.webshots.com/31...600x600Q85.jpg Original Photo here |
The only other one I can think of is the Woodwards building.
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Well there is Carmana plaza, if I remember correctly there was a decent sized building demoed there back in the mid 90s.
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also the old YWCA for Bentall 5 ...
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I can't seen Eveleigh being closed off because it is quite useful as the access for trucks to the loading docks, and access to the parkades of Bentall centre. Perhaps they will instead build on top of Everleigh to connect the new "Bentall Tower 7" to the existing parkade south of Everleigh. They also have to build around the SkyTrain tunnel which I believe runs near the east corner of Bentall 4, under the Bentall4 parkade and under the 1090 Pender parkade. This might explain why the 1090 office building is so much smaller than its attached parkade. http://maps.google.com/maps?hl=en&sa...,0.005493&z=18 |
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