From office to industrial, check out some new unique commercial properties coming to the Vancouver skyline.
Ironworks by Conwest
Source: Conwest via Western Investor
Developed by Conwest, Ironworks will be a stacked industrial and office project spanning 2.3-acres. Located at 200 Victoria Drive just north of East Hastings Street, it’s expected to complete in 2019 and will comprise of two buildings, both offering ground floor light industrial and warehouse space, 26-foot-high ceilings and loading docks, and showrooms with offices above.
Given the high demand for industrial properties, the project has garnered a lot of interest, as units have already sold at $330 to $600 per square foot. Visit Western Investor for more details.
Burrard Place Tower by Pattison Group and Reliance Properties
Source: Burrard Place
Bringing approximately 250,000 square feet of office space to downtown, Burrard Place will be a welcomed addition in a market with notoriously high demand and very low supply. The $500 million development by Pattison Group and Reliance Properties will be a four-tower complex with two mixed-use residential and office buildings, incorporating strata and leasable spaces. It will also include a 13-storey rental office building, a multi-level Toyota dealership, and a 25-storey rental apartment tower. For more information, read the interview in The Vancouver Sun.
Spaces by Regus
With the growing rate of freelancers and startups in the city, coworking spaces have become a popular alternative to expensive office leases and working from home. Regus, one of the largest providers of office space in the world, is clearly hopping on this trend. Working under their brand ‘Spaces’, they’ll be launching a new co-working building in Gastown at 151 West Hastings. Amenities include team rooms, a business club, and a large rooftop patio that will be available for access 24-7 for all members. Check out The Province for further details.
Know of a new commercial real estate development in Vancouver that you think should be featured in our blog? Contact us with details!