55-storey tower planned for Haro Street (overlooking Robson): Online open house 14-Dec-2020 (Mon)

The UrbanYVR website, which follows developments in Vancouver, reported on December 6, 2020, that another big tower is planned for the West End, enabled by the 2013 West End Community Plan.

This one is on Haro Street, between Burrard and Thurlow, just a block south of Robson Street.

55-storey tower planned for Haro Street site overlooking Robson
https://www.urbanyvr.com/55-storey-tower-city-view/

The proposal includes:

  • One 55-storey tower
  • One 15-storey tower
  • 42,000 square feet of retail space
  • A 49-space daycare
  • Total 516 units (450 strata condo and 66 rental units)

Two virtual open houses are planned.

Monday, December 14, 2020 – 12 p.m. – 1:30 p.m.
Monday, December 14, 2020 – 6 p.m. – 7:30 p.m.

To attend, please visit the website and sign up. The proponents have created a project website (www.1045harostreet.com). Please visit here if you wish to join the online open house. The project team will provide a presentation followed by a moderated question and answer session. Note that this event is one is organized by the proponents to get early input. The rezoning open house by the City will come later. See the screen grab of the project timeline below. More project information will be available for download from this website on Dec 14.

The current main building on the site was formerly a strata condo building less than 30 years old. The owners were bought out and the building converted to rental. UrbanYVR says that in 2017, the strata component 1045 Haro Street sold for $164,750,000 (BC Assessment).

This proposal is made possible only as as a result of the West End Community Plan, which allows for building heights up to 550 feet in “Burrard Corridor E”  (p. 50 of West End Community Plan).

Proponents include Intracorp, Forseed Group (no website, but appears to be Shanghai-based; according to D&B, it has 4 employees and sales of $1.23 million) and CM Partners (Singapore-based equity firm, which also bought into the Grouse Mountain Resort).

The architect is not yet announced. The promotions appear to be organized by Pooni Group, one of a special breed of real estate consulting firms and rezoning fixers.

This entry was posted in Uncategorized. Bookmark the permalink.