Bonnis Properties has submitted a rezoning application to the City of Vancouver to rezone a 17,433 SF site it assembled earlier this year at 1965-1981 Main Street. The plan is to rezone from IC-2 to CD-1 under the Mount Pleasant Community Plan for the purpose of developing a 6-storey mixed-used building. The proposal includes:

• a total density of 3.0 FSR;
• 69 residential units, including two artist studios;
• ground-level commercial space; and
• two levels of underground parking

Main Street View

Site Map

The site was acquired in 2013-2014 for a total of $9,690,000, or $185 per buildable SF.

After months of speculation about a potential sale, Morguard has officially completed the sale of 1500 West Georgia Street to Bosa Properties (1500 Holdco) Inc. for a reported $120,500,000.

The 193,000 SF A Class office building sits on a very valuable and partially underutilized 43,320 SF, full-block site at the Southeast corner of West Georgia and Cardero and has been a landmark in Vancouver since it was built in the late 1970’s.

Any future redevelopment plans of the plaza area are not known at this time.

Aerial View of 1500 West Georgia