Cadillac Fairview has submitted a new development application to the City of Vancouver for 601 West Cordova Street, currently the surface parking lot between the Waterfront Station building and The Landing.

The site was previously subject of an application for a new office tower in 2020, but did not move forward.

The architect for the resubmission is James Cheng, who also designed The Stack office tower, on Melville Street.

The current proposal calls for a 22-storey office building, stacked to look like a silhouette of a tree and cantilevered over Waterfront Station. Details include:

• 417,000 SF of office space;
• a total density of 7.05 FSR;
• a building height of 416 ft.
• A public plaza.

Under the site’s existing DD zoning, the application is “conditional” so it may be permitted. However, it requires the decision of the Development Permit Board.

Rezoning applications have been submitted for the Regency Toyota site and adjacent property at 401 and 421 Kingsway in the Mount Pleasant area of East Vancouver.

The applications call for a rental tower and condo tower under the guidelines in the Broadway Plan.

Details:

401 Kingsway

• 12-storey condo building;
• 100 condo units;
• 4.4 FSR;
• 133 ft. building height
• Auto dealership on main floor.

421 Kingsway

• 24-storey rental tower (20% below market);
• 253 units
• 7.99 FSR density
• 239 ft. building height

The architect under both applications is StudioOne Architecture.

A 17-Unit apartment building located on Granville Street at West 71st Avenue has sold. The 1956 walkup apartment building is located on a 9,583 SF site.

The property allows future redevelopment up to 6-storeys in the Marpole Community Plan.

Sale details:

• Purchase Price: $7,650,000
• 5.0% cap rate
• $450,000 per unit
• 8 one-beds, 6 two-beds, 3 three-beds

The building was listed and sold by Goodman Commercial.

A multi-tenant streetfront commercial building known as Langley Business Plaza has sold. The property, at 20644 Fraser Highway, is leased to Pharmasave and a number of local businesses.

The 11,500 SF building was built in 1989 and is located on a 20,100 SF site and includes 23 surface parking stalls.

Sale details:

• $6,250,000
• $543 per SF

A 2-storey retail and apartment building on a 25 ft. lot on West 4th in Kits has sold. 1823-1825
West 4th Avenue had been listed for sale for $3,680,000, and sold for in December 2025.

The building has a rentable area of 3,912 SF and sits on a 2,784 SF lot (25 x 113).

The ground floor is leased to a local furniture store.

Sale details:

• $3,300,000
• $844 per SF

The 2026 assessment value is $3,488,000.

The property was listed and sold by Barb Burrows of Macdonald Commercial.