Marcon Developments is planning to build 73-units on a land assembly at Yukon Street and West 63rd Avenue, which was sold by our team late last year. The site is located in the newly created RM-9 zone. The plans call for two 4-storey buildings over a common underground parking structure.

While in the works now for over a year, plans for a new office tower just East of Waterfront Station have become public. Cadillac Fairview is planning a 26-storey tower at 555 West Cordova, a site most will be familiar with as the parking lot between The Station building and The Landing, where Steamworks is located. The site is already zoned DD and so only requires a development permit approval process.

An original version of the project had been slightly taller, but was then revised to respect a view cone after an initial review by the Gastown Historic Area Planning Committee.

Details of the project include:

• a 26-storey tower with a total height of 417 feet
• 409,000 SF of commercial space
• a shared open courtyard with Watefront Station
• one level of underground parking accessed off the lane
• off-street parking shared with nearby Cadillac Fairview waterfront office properties

No word yet on pre-leasing activity. This project joins a handful of others at various stages of development, including 320 Granville Street one block West, which achieved rezoning in 2014, but has yet to go under construction.

This project certainly has location and potential views in its favour. Stay tuned for further updates.

On the heels of Mosaic’s successful Cambria project at West 50th and Cambie, another separate rezoning application has been filed just a few blocks south at 6929-6969 Cambie Street and 515 West 54th Avenue. The proposal is for two 6-storey buildings with one two-storey townhome and an amenity building along the back lane. The proposal includes:

• 74 residential units
• a maximum building height of 73 ft
• a density of 2.65 FSR;
• 84 underground parking spaces
• 102 bicycle parking spaces

A portion of the site had been listed for sale in 2014.

Photo by 604 City, Flickr

Photo by Arlene Gee, Flickr