Burrard Place tower will be Vancouver’s third tallest building

January 11, 2017 11:27 pm

the vancouver sun

Work is underway on Vancouver’s latest multi-tower office and residential project on Burrard Street, which will add nearly 250,000 square feet of office space to the downtown market that has maintained a low vacancy rate, surprising experts amid a rush of new office projects over the past two years.

Burrard Place is set to eventually become a four-tower complex set around Burrard, Hornby and Drake streets. It will include two mixed-use residential and office buildings; a 13-storey rental office building that will also include a multi-level Toyota dealership; and a fourth 25-storey rental apartment building at Hornby and Davie streets that is now in the rezoning phase.

The $500-million complex is being co-developed by Pattison Group and Reliance Properties Ltd, and will include a total of 250,000 square feet of strata and leasable office space, said Jon Stovell, the president of Reliance Properties.

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