[SFUVancouver]

NAME | ADDRESS | NUMBER OF OFFICE FLOORS | TOTAL AREA | STATUS

Under Construction

1. Jameson House (http://forum.skyscraperpage.com/showthread.php?t=138038) | 838 West Hastings | 7 floors | 86,500 sq ft / 8,045 m2 | u/c source (http://vancouver.ca/commsvcs/planning/dpboard/2006/pdf/830whastings.pdf)
2. Hotel Georiga Tower (http://forum.skyscraperpage.com/showthread.php?t=138024) | 699 Howe Street | 8 floors | 60,000+ sq ft / 5,500 m2 | u/c source (http://vancouver.ca/commsvcs/planning/dpboard/2007/PDF/699HoweStreet.pdf)
3. Broadway Tech Centre | 2955 Virtual Way (East Broadway at Renfrew) | 4 floors | 114,000 sq ft / 10,600 m2 | u/c source (http://www.broadwaytechcentre.com/documents/BTC2925-090507.pdf)




Development Process

1. GM Place Office Towe (http://forum.skyscraperpage.com/showthread.php?t=138628)r | 800 Griffiths Way | 22 floors | 260,000+ sq ft / 27,800+ m2 | development application source (http://www.bcrelinks.com/download/news/CBoffQ307.pdf)
2. Bentall Office Tower | 745 Thurlow Street | 23 floors | 400,000+ sq ft / 37,000+ m2 | rezoning application source (http://www.bcrelinks.com/download/news/CBoffQ307.pdf)
3. "Skinny Infill Condo Tower" | 1255 West Pender | 2 floors | <10,000 sq ft / 930 m2 | development application source (http://www.city.vancouver.bc.ca/commsvcs/planning/udp/2007/minutes/oct24.htm)
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 (http://www.broadwaytechcentre.com/index.html)
5. MetroLiving | 999 Seymour | 4 storeys | ~20,000 sq ft / 1,800 m2 | rezoning source (http://vancouver.ca/ctyclerk/cclerk/20071211/documents/p1.pdf)


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 (http://vancouver.ca/commsvcs/currentplanning/oakridge/)
2. Marine Station (http://forum.skyscraperpage.com/showthread.php?t=141924) | Marine Drive & Cambie Street | ? | ? | Developer PCI Group lists it as "upcoming 2007-2013" source (http://www.pci-group.com/)
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

[Canadian Mind]

Amacon tower? or do you want something with a bit more teeth than just early design stage?

[osirisboy]

is there going to be any office space in woodwards?

[SFUVancouver]

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 (http://www.city.vancouver.bc.ca/corpsvcs/realestate/woodwards/pdf/ProjectDevelopmentReport-W.pdf) 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.

[Hed Kandi]

Wasn't there an article awhile back that mentioned Vancouver needed something like 30 million sq ft of new office space ?

[nathan6969]

^^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.

[Mike K.]

That's rad, thanks for this list.

[djh]

Crossroads is more like 11 or 12 floors, I believe that's the right number

[SFUVancouver]

^ 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.

[giallo]

Cool.
Thanks, SFU.

[SFUVancouver]

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.

[officedweller]

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/20071211/documents/p1.pdf

I think Raffles has some office in the podium too.

[phesto]

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.

[SFUVancouver]

^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?

[raggedy13]

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.

[officedweller]

For the Yaletown Brewing expansion - try search the City's website - try searching council agendas and minutes using "Mainland"

[murman]

NAME | ADDRESS | NUMBER OF OFFICE FLOORS | TOTAL AREA | STATUS

Under Construction

1. Jameson House (http://forum.skyscraperpage.com/showthread.php?t=138038) | 838 West Hastings | 7 floors | 86,500 sq ft / 8,045 m2 | u/c source (http://vancouver.ca/commsvcs/planning/dpboard/2006/pdf/830whastings.pdf)
2. Cross Roads | 525 West Broadway | 5 floors | 80,000+ sq ft / 7,400 m2 | u/c source (http://www.crossroadsvancouver.com/)
3. Hotel Georiga Tower (http://forum.skyscraperpage.com/showthread.php?t=138024) | 699 Howe Street | 8 floors | 60,000+ sq ft / 5,500 m2 | u/c source (http://vancouver.ca/commsvcs/planning/dpboard/2007/PDF/699HoweStreet.pdf)
4. 1022 Living | 1022 Seymour Street | 2 floors | 28,600 sq ft / 2,650 m2 | u/c source (http://vancouver.ca/commsvcs/planning/dpboard/2006/pdf/1022seymour.comp.pdf)
5. Woodward's (http://forum.skyscraperpage.com/showthread.php?t=138021) | 101 West Hastings Street | 2 + 3 + 4 floors | 90,000 sq ft / 7,250 m2 | u/c source (http://www.city.vancouver.bc.ca/corpsvcs/realestate/woodwards/pdf/ProjectDevelopmentReport-W.pdf)
6. Broadway Tech Centre (Bldg 1) | 2955 Virtual Way (East Broadway at Renfrew) | 4 floors | 114,000 sq ft / 10,600 m2 | u/c source (http://www.broadwaytechcentre.com/documents/BTC2925-090507.pdf)
7. Atelier | 833 Homer Street | 2 floors | ~28,000 sq ft / 2,600 m2 | u/c source (http://vancouver.ca/commsvcs/planning/dpboard/2007/PDF/833HomerStreet.pdf)
8. Raffles on Robson | ? | 2 floors | 26,500 sq ft / 2,460 m2 | u/c source (http://forum.skyscraperpage.com/showpost.php?p=3221309&postcount=13)
9. Flack Block | 163 West Hastings | 4 floors | ~50,000 sq ft / 4,650 m2 | u/c *(complete bldg renovation and 1 floor addition) source (http://www.thesalientgroup.com/commercial_flackblock.html)


Total: 548,500 square feet / 51,250 square metres




For those items u/c, can anyone please advise anticipated completion dates?
I know that Raffles is 2008, and Jameson is 2009, but after that...

Thanx!

[SLC]

^Thanks for the Raffles info.
Does anyone know the details about the Yaletown Brewing Company building and its two-storey office addition?

See http://www.yaletownofficespace.com

Electronic arts may be taking some or all of the space (rumour).

[hollywoodnorth]

wow this thread is alive!

[rather_draconian]

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?

[jlousa]

Black box was/is in the PWC building.

[LotusLand]

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?

EA's expansion into Yaletown Office space was also abandoned. The space has been leased to another company.

[officedweller]

Next Level Games has or is moving into the podium of Raffles on Robson.

[Spork]

Next Level Games has or is moving into the podium of Raffles on Robson.

NLG has already moved there in mid-November. I used to work there and was part of the moving committee. ;)

The office is two floors.

[rather_draconian]

Cool..does anyone know who's moving into the podium of Atelier on Robson?

[rather_draconian]

http://www.iht.com/articles/2007/01/17/business/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?

[officedweller]

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.

[jlousa]

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.

[hollywoodnorth]

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.

interesting

[LeftCoaster]

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.

Wow, this is better news that any tower announcement I have heard since RC was actually first proposed! I dont think most people here know just how incompetent this guy really was, but I have seen first hand the way this guy does business and it is attrocious. His dismissal is the best thing that could have happened for Holborn and hopefully for the city as Holborn is one of if not the largest land owners in the city.

I never use this emoticon, but i think this warrants a it:

:banana:

[Mininari]

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.

[phesto]

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.

1133 Melville is not dead. It was sold to Oxford Properties this year. It will likely be developed for office, but not for another 3+ years.

Another project that we may soon hear about is from Cadillac Fairview near Granville Square/Waterfront...

[golog]

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

[SFUVancouver]

745 Thurlow was approved at the DPB last week.

[LeftCoaster]

Another project that we may soon hear about is from Cadillac Fairview near Granville Square/Waterfront...

Shh, they're not supposed to know about that yet ;)

[flight_from_kamakura]

Another project that we may soon hear about is from Cadillac Fairview near Granville Square/Waterfront...

please god let this somehow be on the site of the parking structure facing waterfront station.

[red-paladin]

please god let this somehow be on the site of the parking structure facing waterfront station.

I think he means the rumoured office towers above the train tracks to go along with the renovated Waterfront station and extension of Canada Place to the east.

[LeftCoaster]

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.

[golog]

Shh, they're not supposed to know about that yet ;)

It's a big simple shape made out of glass for an apple store? where today it's a nice, but underused elevated plaza/park west of waterfront station

whatever it is, hopefully the project involves getting rid of that pedestrian overpass

[officedweller]

One of these I presume? (i.e. the 11 storey or the 9 storey buildings?)
Note the heights and the view cones...

Open House Information:

http://img213.imageshack.us/img213/4889/007ih9.jpg
Source: City of Vancouver


http://img201.imageshack.us/img201/2407/005au6.jpg
Source: City of Vancouver
http://forum.skyscraperpage.com/showthread.php?t=146079&page=6

[LeftCoaster]

maybe...

It sure isnt 11 stories though.

[officedweller]

Looks like a tiny floorplate.

[hollywoodnorth]

“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/national/british-columbia/office-space-making-a-comeback-in-vancouvers-core/article1774079/

[phesto]

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:

[hollywoodnorth]

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:

http://goo.gl/maps/7bwq

great news .... they own the parkade across that short street there Eveleigh ... and image they would try to close that street.

[wrenegade]

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:

I think we've got a good decade before we see a proposal on that one. I would have to imagine rental rates have a long way to come before they can justify knocking down a 10 storey building. Speaking of which, when was the last time there was a demolition of decent size downtown Vancouver? The Georgia Medical/Dental Building in 1989?

http://inlinethumb27.webshots.com/31578/2820981390064924833S600x600Q85.jpg

Original Photo here (http://outdoors.webshots.com/photo/2820981390064924833SasILQ)

[Smooth]

The only other one I can think of is the Woodwards building.

[LeftCoaster]

Well there is Carmana plaza, if I remember correctly there was a decent sized building demoed there back in the mid 90s.

[jsbertram]

also the old YWCA for Bentall 5 ...

[jsbertram]

http://goo.gl/maps/7bwq

great news .... they own the parkade across that short street there Eveleigh ... and image they would try to close that street.

They can try, but I'm sure 1050 Pender would complain, since they would lose access their loading dock.

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&safe=off&q=1090+west+pender+street+vancouver&ie=UTF8&hq=&hnear=1090+W+Pender+St,+Vancouver,+Greater+Vancouver+Regional+District,+British+Columbia,+Canada&t=k&ll=49.286689,-123.119756&spn=0.001676,0.005493&z=18

[logan5]

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:

According to my google earth measuring stick, that building is only 60 feet wide. Plus it's just plain ugly. Somebody break out the dynamite.

[officedweller]

Well there is Carmana plaza, if I remember correctly there was a decent sized building demoed there back in the mid 90s.

I think that was one of the older Palisades Hotel blocks for the Palisades condo (the oval ones).

BTW the Devonshire Hotel was also imploded for the Bank of BC / HSBC building.

[Jebby]

It'd be great if the OP were edited to be more up to date, and add a section of recently completed.

The OP hasn't been updated since 2007!!!

Last edited by SFUVancouver : 12-13-2007 at 07:56 PM

[phesto]

Well there is Carmana plaza, if I remember correctly there was a decent sized building demoed there back in the mid 90s.

It was a 25-storey apartment building called Pacific Palisades, demo'd in 1994. You can see video of the demolition here: http://www.dykon-explosivedemolition.com/gallery/buildings/194.htm

It still seems like such a foreign concept to see a 25-storey tower get demolished in this city...I'm sure we'd have seen more in the West End if not for the rental conversion moratorium...

Bonus!: The Rascalz used the demolition as the intro to their video for Soul Obligation circa 1996: http://www.youtube.com/user/Alias363#p/u/28/XpJDK69gVrQ (posted by Alias363)

As an aside, in the mid 90's I always thought this video made Vancouver seem like a big city (shot from the Bentall Centre parkade roof)...too bad it is only 5-storeys up. :tup:

[SpikePhanta]

Hmm I wonder if they would have demoed the two other towers now, instead of converting them to rentals.

[officedweller]

I think the other two are on Robson Street itself - and I'll bet the current density/height is non-conforming (higher than currently allowed).

[Log1988]

Not an exhaustive list, but still quite a contrast to back in '07.

Development Process

1. 960-982 Howe|15flr|268,908 sqft|Applied for Rezoning
2. Rogers Arena Development|800 Griffiths Way|18flr/7flr|187,530 sqft|Applied for Rezoning
3. Beatty Gate|564 Beatty|4flr addition|? sqft|Approved by UDP
4. MEC Head Office|1077 Great Nothern Way|5flr|? sqft|Applied for Rezoning
5. Broadway Commercial|984 W. Broadway|10flr|93,672 sqft|Approved by UDP
6. Containers|400 Terminal|6flr/5flr|220,000 sqft|Approved by UDP
7. 3657 W Broadway|10flr|~90,000 sqft|Approved by UDP
8. Broadway Tech Centre East Campus|3030 E. Broadway|5 buildings (5-6flr)|962,287 sqft|Applied for Rezoning
9. Marine Gateway Office|8440 Cambie|15flr|243,000 sqft|Approved by UDP
10. Credit Suisse Tower|801 W. Pender|30flr|400,000 sqft|Applied for Rezoning
11. Telus Gardens|555 Robson|20flr|448,195 sqft|Approved by UDP
Anticipated Construction Start: March 2012
12. 745 Thurlow|23flr|365,000 sqft|Approved by UDP
Possible Construction Start: Early 2012
13. Burrard Gateway Office|191,830 sqft (total)|Approved by UDP
14. Broadway Tech Centre 6|175,000 sqft|Pre-leasing

Under Construction

1. Central|1618 Quebec|7flr|90,000 sqft|Site Prep/Excavation?
2. 1021 W. Hastings|36flr|270,000 sqft|Demolition
3. Broadway Tech Centre 4|173,000 sqft|U/C

[Denscity]

Not an exhaustive list, but still quite a contrast to back in '07.

Development Process

1. 960-982 Howe|15flr|268,908 sqft|Applied for Rezoning
2. Rogers Arena Development|800 Griffiths Way|18flr/7flr|187,530 sqft|Applied for Rezoning
3. Beatty Gate|564 Beatty|4flr addition|? sqft|Approved by UDP
4. MEC Head Office|1077 Great Nothern Way|5flr|? sqft|Applied for Rezoning
5. Broadway Commercial|984 W. Broadway|10flr|93,672 sqft|Approved by UDP
6. Containers|400 Terminal|6flr/5flr|220,000 sqft|Approved by UDP
7. 3657 W Broadway|10flr|~90,000 sqft|Approved by UDP
8. Broadway Tech Centre East Campus|3030 E. Broadway|5 buildings (5-6flr)|962,287 sqft|Applied for Rezoning
9. Marine Gateway Office|8440 Cambie|15flr|243,000 sqft|Approved by UDP
10. Credit Suisse Tower|801 W. Pender|30flr|400,000 sqft|Applied for Rezoning
11. Telus Gardens|555 Robson|20flr|448,195 sqft|Approved by UDP
Anticipated Construction Start: March 2012
12. 745 Thurlow|23flr|365,000 sqft|Approved by UDP
Possible Construction Start: Early 2012
13. Burrard Gateway Office|191,830 sqft (total)|Approved by UDP
14. Broadway Tech Centre 6|175,000 sqft|Pre-leasing

Under Construction

1. Central|1618 Quebec|7flr|90,000 sqft|Site Prep/Excavation?
2. 1021 W. Hastings|36flr|270,000 sqft|Demolition
3. Broadway Tech Centre 4|173,000 sqft|U/C

:tup::tup::tup:

[Locked In]

That's impressive! Thanks for compiling the updated list.

[Denscity]

Just did the math. Thats 4,178,422 square feet of office space on the way plus the two projects of unknown size on that chart. :cheers:

[Chadillaccc]

Intense!

Great work on the list! :D

[hollywoodnorth]

4million plus! .... wow :)

good work on the list!

what about the office space at Robson+Granville and also at the Forever 21 project on Robson? also there is that vertical addition going on in Yaletown still no?

[Log1988]

I have added a few items and changed the square footage for Broadway Tech Centre East, as the previous number included production and retail space.

Development Process

1. 960-982 Howe|15flr|268,908 sqft|Applied for Rezoning
2. Rogers Arena Development|800 Griffiths Way|18flr/7flr|187,530 sqft|Applied for Rezoning
3. Beatty Gate|564 Beatty|4flr addition|? sqft|Approved by UDP
4. MEC Head Office|1077 Great Nothern Way|5flr|? sqft|Applied for Rezoning
5. Broadway Commercial|984 W. Broadway|10flr|93,672 sqft|Approved by UDP
6. Containers|400 Terminal|6flr/5flr|220,000 sqft|Approved by UDP
7. 3657 W Broadway|10flr|~90,000 sqft|Approved by UDP
8. Broadway Tech Centre East Campus|3030 E. Broadway|5 buildings (5-6flr)|854,384 sqft|Applied for Rezoning
9. Marine Gateway Office|8440 Cambie|15flr|243,000 sqft|Approved by UDP
10. Credit Suisse Tower|801 W. Pender|30flr|400,000 sqft|Applied for Rezoning
11. Telus Gardens|555 Robson|20flr|448,195 sqft|Approved by UDP
Anticipated Construction Start: March 2012
12. 745 Thurlow|23flr|365,000 sqft|Approved by UDP
Possible Construction Start: Early 2012
13. Burrard Gateway Office|191,830 sqft (total)|Approved by UDP
14. Broadway Tech Centre 6|175,000 sqft|Preleasing

15. 720 Robson|5flr (3flr office)|? sqft|Approved by UDP
16. Renfrew Centre Phase 2|7flr|~149,000 sqft|Preleasing
17. Neelu Bachra Centre|558 W. Broadway|6flr|80,000 sqft|Preleasing

Under Construction

1. Central|1618 Quebec|7flr|90,000 sqft|Site Prep/Excavation?
2. 1021 W. Hastings|36flr|270,000 sqft|Demolition
3. Broadway Tech Centre 4|173,000 sqft|U/C

4. 1132 Hamilton|3flr addition|23,000 sqft|U/C

Hollywoodnorth: I've never heard of the Forever 21 project, do you have any details concerning that one?

[Prometheus]

Here's one guy who won't be building any new corporate headquarters in Vancouver:

fsUISg8TuME

[ckkelley]

^
Shouldn't that be in the Politics section?

[WarrenC12]

I work in a Bentall complex in Richmond. We've had 2 major tenants move to Vancouver from here, and their space hasn't been filled yet.

There's also a "new" LEED gold office building here that has been empty for about 2 years.

I'm very sure that local business wants to be in Vancouver, if the price is reasonable. George Affleck comes off like a pompous jerk in that video.

[hollywoodnorth]

Hollywoodnorth: I've never heard of the Forever 21 project, do you have any details concerning that one?

http://vancouver.ca/commsvcs/planning/rezoning/applications/1025robson/index.htm

http://cfapp.vancouver.ca/communitypages_wa/index.cfm

renders >> http://vancouver.ca/ctyclerk/cclerk/20110215/documents/p2.pdf

not sure if its residential or office now looking at it all again.

[wrenegade]

It's a retail building with provision for residential use.

[Smooth]

This list looks familiar...
http://www.vancitybuzz.com/2011/11/vancouver-office-construction-cycle-begins/

SSP was credited.

[craneSpotter]

SNC Lavalin to expand Vancouver presence

Canadian engineering and construction giant SNC-Lavalin plans to expand its Vancouver presence and take six floors with a total of 100,000 square feet in the 24-floor tower that Bentall Kennedy LP is developing at the corner of Thurlow and Alberni streets...

source link (http://www.bivinteractive.com/index.php?option=com_content&view=article&id=4960:snc-lavalin-to-expand-vancouver-presence&catid=14:daily-news&Itemid=46&utm_source=BIV+Daily&utm_campaign=d17291e9ef-Daily_Monday_November_111_1_2011&utm_medium=email)

Great news! Building is 50% leased.

[queetz@home]

So I guess with the "Bentall Stub" building now 50% leased, Telus Gardens pretty much a sure thing and 1021 Hastings supposedly underway (do they actually have tenants?), the real wild card amongsts the big office buildings on the drawing board is Credit Suisse Tower, which just started its process?

My oh my, I hope CS Tower somehow gets through as well. The last time we had a cycle of office towers was indeed in 2001 when three were being built at the same time (401 Burrard, PWC Place and Bentall V). Of the three, B5 was the most significant but missed its leasing target so we had a few years of stubby eye torture before the building was finally complete. Ultimately, 2013 maybe the deciding date, though Credit Suisse itself is really getting hammered by this Greece thing... :brickwall:

[LeftCoaster]

1021 is going spec, so no they don't have tenants. Good thing is there wont be much attrition between the credit suisse tower and the 1021 tower as CS will be targeting larger floor plate service firms while 1021 will be targeting smaller mining and resource firms.

[LeftCoaster]

Q3 2011 numbers came out a few days ago. AAA vacancy downtown has dropped to a historic low of 1.2% after posting positive absorption of over 100,000sf last quarter.

The downtown market as a whole sits at 4.1% vacancy and has seen positive absorption for the past 9 consecutive quarters.

These numbers are unhealthily low, but new supply coming and high suburban vacancy ease the pressures of a supply constrained market a little.

[jlousa]

Any word when the green light will be given to MetroTower3?

[LeftCoaster]

I'm not sure, but I cant imagine it would be any time soon given the high AAA and overall vacancy rates in Burnaby and the suburbs as a whole.

I'll ask around though and see what I can dig up.

[phesto]

The only reason Oxford gave the green light to go ahead on spec for 1021 was that there is a sufficient amount of lease deals being done in the range of $40 per sq ft (roughly the net rents needed to make the project feasible).

The rates in Burnaby, even for a nice new tower like Metrotower 3, are significantly lower and vacancy is much higher, so it would be unlikely now that they proceed without having secured a tenant first.

[Locked In]

Haven't seen this posted - the City's summary of the status of the current office developments in the City of Vancouver:

OFFICE DEVELOPMENTS - Development Status November 2011 (http://vancouver.ca/commsvcs/planning/corejobs/pdf/OfficeInfoSheetNov2011.pdf)

Some stats:

https://lh6.googleusercontent.com/-EEVlyvRr_dI/T1PcrBXuF4I/AAAAAAAAElM/5al6kPkPs_8/s912/summary.jpg

[TwoFace]

Here’s a comprehensive look at the Commercial vacancy situation in the Metro area. Apparently everyone wants to be downtown at any price.
It will be interesting to see how this plays out with all the "new" space coming on stream.

"Vacancy in the downtown core declined to 3.4%, the lowest vacancy rate since the third quarter of 2008."

http://f.tlcollect.com/fr2/812/52045/vancouver4q11ofc_F.pdf

[squeezied]

Haven't seen this posted - the City's summary of the status of the current office developments in the City of Vancouver:

OFFICE DEVELOPMENTS - Development Status November 2011 (http://vancouver.ca/commsvcs/planning/corejobs/pdf/OfficeInfoSheetNov2011.pdf)

Some stats:

https://lh6.googleusercontent.com/-EEVlyvRr_dI/T1PcrBXuF4I/AAAAAAAAElM/5al6kPkPs_8/s912/summary.jpg

Isn't Renfrew Business Centre part of Broadway Tech Centre?

[SpongeG]

isn't it across the street where AI is?

[queetz@home]

Nothing really new that what has already been discussed but here is an article from the Vancouver Sun today...

http://www.vancouversun.com/business/Vancouver+business+district+forges+ahead+with+three+towers/6396246/story.html

Vancouver business district forges ahead with three new towers

Almost half the nearly 1.2 million square feet of new space is pre-leased

Oh if only The Exchange would somehow go ahead...its the most significant of the bunch, imo.... :(

[Valley_Refugee]

^Read the article...very interesting that Bull Housser and McCarthy's are committed to Telus Garden and 745 Thurlow, respectively. Pushes the unofficial zone of big downtown law firms slightly outside the usual Burrard core...and will make for longer walks for poor law students on their interview route ;)

[SFUVancouver]

I find it incredibly encouraging that so much office development is occurring and planned downtown and along current and planned SkyTrain corridors. This will pay immense long term dividends to our city and region and help further solidify rapid transit as being inextricably linked to the business community and commercial real estate in general. What a difference it would make in the politics of Translink to have the Board of Trade, Chamber of Commerce, ULI, UDI, and a coalition of developers come down unequivocally on the side of funding rapid transit and improved conventional transit in our region.

[s211]

What a difference it would make in the politics of Translink to have the Board of Trade, Chamber of Commerce, ULI, UDI, and a coalition of developers come down unequivocally on the side of funding rapid transit and improved conventional transit in our region.

???? Are you saying that any of those players are not on-side? Me thinks otherwise.

[SFUVancouver]

I meant publicly, as a bulwark against the Province's waffling on funding support for Translink.

[TwoFace]

I meant publicly, as a bulwark against the Province's waffling on funding support for Translink.

Translink is a disaster and bleeding this City with total disregard for the taxpayer. The Province needs to rethink this never-ending gravy train of stupidity and do a management shake up.
Some recent blunders…

"TransLink says it is losing $15 to $20 million a year to lost, stolen and illegally resold U-Passes, and that's making the popular program unsustainable unless solutions are found to the widespread fraud."

"Of the 53,000 tickets issued in 2011, only 7,500 have been paid, meaning a loss of $7.7 million for TransLink. Officials acknowledged Tuesday that they have no recourse to get the remaining scofflaws to pay up. ICBC is responsible for collecting the fees, but the Crown corporation doesn't have enforcement authority, either."

[WarrenC12]

I read Telus Garden (commercial) is 70% leased. Does that include Telus themselves? Does anybody know what the total space there will be?

[Metro-One]

Translink is a disaster and bleeding this City with total disregard for the taxpayer. The Province needs to rethink this never-ending gravy train of stupidity and do a management shake up.
Some recent blunders…

"TransLink says it is losing $15 to $20 million a year to lost, stolen and illegally resold U-Passes, and that's making the popular program unsustainable unless solutions are found to the widespread fraud."

"Of the 53,000 tickets issued in 2011, only 7,500 have been paid, meaning a loss of $7.7 million for TransLink. Officials acknowledged Tuesday that they have no recourse to get the remaining scofflaws to pay up. ICBC is responsible for collecting the fees, but the Crown corporation doesn't have enforcement authority, either."

And yet Cities such a Montreal are in dire need of a Translink style organization. It does have its problems, but overall it is far superior to what many cities in North America have in place. Unless you want to be like Portland where services are being severely cut right now...You come off as an anti-transit lobbyist in that rant.

[officedweller]

Toronto is the worst - put the system in the hands of politicians and you have endless bickering and even more uncertainty when councils change. Couple that with a provincial government that is simply deferring to the city rather than forcing the agenda - and it's a gong show.

[TwoFace]

You come off as an anti-transit lobbyist in that rant.

No I like transit, I just hate "any" organization that squanders "our" money and keeps coming back for more, as opposed to getting their house in order.
Maybe it's because I'm in private sector where people are accountable.

[Metro-One]

:previous:Yes, because there is no wasting or squandering there! *cough* average CEo wage 189 times average Canadian *cough* kickbacks *cough* lobbyists *cough* flying on private jets to meetings *cough* recent multi billion dollar bailouts for private comapnies *cough* etc....

Any money wasted by Translink is small potatoes compared to the immeasurable sum or resources and money wasted by the private sector.

Again, it ain't perfect, but there will always be failed initiatives / money lost due to fraud from the general public in an organization. Again, far superior to what most cities have.

[jlousa]

When the private sector wastes money it's not on the public dime. You don't like the way a private company is run you don't support them, not really an option with the public sector. Anyways we are way off topic.

[SFUVancouver]

"TransLink says it is losing $15 to $20 million a year to lost, stolen and illegally resold U-Passes, and that's making the popular program unsustainable unless solutions are found to the widespread fraud."

This can, and should, be addressed. However while that is a significant amount of money, it is far from responsible for Translink's structural funding problems. However with toothless fines, which you raised in your second point, I am doubtful much will change. However once we switch over to the Compass the game will change. At that point if someone is caught with a UPass which doesn't belong to them then I imagine the card-holder's account would be frozen and fines easily levied as a percentage of future Compass cash balances. Plus the UPass has the student's name and photo on it, so if that isn't a slam dunk for fine enforcement I don't know what would be.


"Of the 53,000 tickets issued in 2011, only 7,500 have been paid, meaning a loss of $7.7 million for TransLink. Officials acknowledged Tuesday that they have no recourse to get the remaining scofflaws to pay up. ICBC is responsible for collecting the fees, but the Crown corporation doesn't have enforcement authority, either."

In this instance it is the Province which is the obstacle. Translink does not have any enforcement powers on the tickets the Transit Police write, and the revenue from the tickets that are paid does not go to Translink but to the Provincial treasury. Even so, incremental income like fines are hardly any foundation upon which to budget. In fact I would be surprised if Translink would ever factor in fines into their budgetary projections and plans even if they were the recipients of fare evasion fines.

Translink, like virtually all regionally-scaled public transit agencies, is put in an impossible position of having to operate within its budget and revenue mechanisms while simultaneously being politically forced to provide service throughout a large geographic area without regard for the financial viability of this endeavour. Providing service to the outer suburbs where distances are great and population and trip generators dispersed and of a comparatively low density is a recipe for financial failure. Moreover, having to partially self-fund major capital projects out of its existing revenue streams puts Translink into a perpetually challenging position of having to expand service to 'shape' the region, enhance service to 'serve' the region, and build out new rapid transit, major bridges, and invest in road and cycling infrastructure in order to help foster a greater transit modal split and transportation demand management that we know is good for the economy, our health, the world's climate, and the competitiveness of the region. It isn't cheap by a long shot, but the long-term cost to the public purse and private interests of not doing these things is greater still.

I won't be shocked in the slightest if an audit of Translink turns up a few million dollars in savings without affecting the organization's ability to accomplish its operational and strategic goals. However a few million, even a few dozen million (unlikely) is still insufficient to fund the expansion of our transit system. As much as property taxes are hated by many they are still a highly effective way of having the cost of improvements to transit, roads, bridges, and cycling be borne by the people who stand to directly benefit, as opposed to the cost being borne by taxpayers around the province or across the country.

Lastly, there is a degree of inter-generational fairness that needs to be considered. My generation (Y/Millennial) is inheriting one hell of a bill from our forebearers and while we pay it off over the rest of our lives through higher taxes and a poorer quality of life, while paying for the healthcare and pension costs of retirees, I would like to be able to do so while riding a few subways and streetcars thank you very much.

Now... back to the inventory of new office space in Vancouver.

[LeftCoaster]

:previous:Yes, because there is no wasting or squandering there! *cough* average CEo wage 189 times average Canadian *cough* kickbacks *cough* lobbyists *cough* flying on private jets to meetings *cough* recent multi billion dollar bailouts for private comapnies *cough* etc....

Any money wasted by Translink is small potatoes compared to the immeasurable sum or resources and money wasted by the private sector.

Really?

If you're not a shareholder why in the world would you care what a private business does with its money?? If anything you should be happy they are pumping that money into the economy. Its the private sector that keeps YVR booming, downtown Vancouver's 5 star hotels full and its high end restaurants popping.

:koko:

[Echowinds]

I think he meant that a public organization like TransLink ran in a private manner with all those ludicrous spending wouldn't be any better than what we got now in terms of accountability.

[Metro-One]

:previous:glad someone figured out what I was saying. ;)

[racc]

No I like transit, I just hate "any" organization that squanders "our" money and keeps coming back for more, as opposed to getting their house in order.

And yet, you have no proof. The problem here is the Province, not TransLink. TL has been asking for years for the Province to give them the authority to collect the fines.

Maybe it's because I'm in private sector where people are accountable.

This makes no sense in this context. It is a public organization that is accountable to taxpayers through the Provincial government and the local mayors, all of whom are elected by the people of the province. If you don't like how TransLink is run, then vote for provincial politicians who will change it.

A private sector company is only accountable to the shareholders. In theory, that is. In a lot of companies the management runs the show and really doesn't serve shareholders that well. Sometimes it takes years to get rid of bad management and often it is too late. Look at RIM for example.

[jlousa]

Okay guys last warning, keep it on topic. See Thread title if you're confused.

[sacrifice333]

It will be interesting to see who ends up leasing the new Cadillac Fairview office space above Nordstrom's. At approx. 70,000 square feet, is there is a larger floorplate, other than Canada Post, in the city?

http://www.vancouversun.com/Business/Commercial-Real-Estate/7254853.bin?size=620x400s

A new 48,000 sq.ft. multi-tenant retail space will be built on the lower mall level, while the top four levels of the building will be converted to 280,000 sq.ft. of AAA class office space.

Construction is scheduled to begin in November and will take 18 to 24 months to complete.



Read more: http://www.vancouversun.com/Architectural+plans+revealed+Nordstrom+Vancouver+store/7254796/story.html#ixzz26lDkOnvD

[Hed Kandi]

http://www.vancouversun.com/7254852.bin?size=620x400s

http://www.vancouversun.com/7254853.bin?size=620x400s


Based on the renderings, the project is better than I had expected.