Major Construction Projects Slated For Completion In 2015

Major Construction Projects BC
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In British Columbia, a major construction project is one that typically has over $15 million in capital costs, or $20 million in the Lower Mainland-Vancouver area. As it stands, the total value of all major capital projects, both proposed and underway, is $344 billion. The sharp increase of total inventory is mainly due to a number of LNG (Liquified Natural Gas) proposals. The projects currently under construction are valued at $83 billion, up from $63 billion in 2011, with the residential sector accounting for roughly $35 billion.

While there are still a number of exciting new developments set to alter the architectural landscape in Vancouver in the coming years, buyers interested in new construction homes will have a wide array of options to choose from in 2015, as major projects throughout the province near completion. The data below summarizes the investment activity in BC for all major residential projects slated for completion this year with estimated capital costs in excess of $15 million. The dataset excludes projects below this threshold, and therefore is not reflective of all investment spending.

Source: BC Stats, November 2014.

Vancouver

ProjectDeveloperCompletionWebsiteDescription
188 Keefer St. Westbank Projects Corp.2015188keefer.comDevelopment of 156 units in a 21-storey condominium will include 26 units for seniors. Proposed for the site of former casino. Demolition phase is underway.
Pacific Point CondominiumsBosa DevelopmentsEarly 2015pacificpointcondos.com214 unit condominium development in a 28-storey tower located on Homer St and Drake.
Empire at QE Park CondominiumsIntergulf Development CorpSummer 2015empireqe.comDevelopment of three 6-storey buildings with 140 condominium and townhouse units. Project is located in the 4500 Block of Cambie St. Architect: Ramsay Worden Architects Ltd.
MC2 Highrise CondominiumIntracorp DevelopmentsFall 2015intracorp.caDevelopment with two highrises on attached podiums with retail space. Project is designed to meet Leadership in Energy and Environmental Design (LEED) standards. Architect: James K. M. Cheng Architects Inc.
Block 100 CondominiumsONNI GroupLate 2015onni.com/block100/Development of a 231 unit highrise condominium in 3 buildings located at 100 East 1st Ave. Architect: Chris Dikeakos Architect Inc.
Skyway Tower CondominiumThind Properties Ltd.Spring 2015skywaytower.com130 unit, 12-storey condominium located at 2711 Kingsway Ave.
The One CondominiumsPinnacle InternationalSpring 2015pinnacleinternational.caDevelopment will include 215 condominiums, 19 townhomes and 7 penthouse units. The project located at 38 W 1st Ave in in pre-construction stages. Architect: Bingham Hill Architects.
Cambieplace CondominiumsIntracorp Developments2015cambieandmarineproject.ca447-unit condominium development in two towers will be located at Cambie and SW Marine Dr. Project will meet Leadership in Energy and Environmental Design standards (LEED) and has received approval from council.
999 Seymour StreetTownline Group of CompaniesSpring 2015999seymour.comProposed highrise condominium development of 134 units located at 999 Seymour St. Architect: Acton Ostry Architects Inc.
7299 Granville StreetWall Financial Corp.2015N/ADevelopment of 533 units in seven 3 to 10 storey buildings. The project is located on the former 10 hectare Shannon Mews site at Granville St and 57 Ave has been approved by council. Architect: Perkins + Will.
Sequel 138 Condominium DevelopmentSequel 138 Development Corp.Early 2015sequel138.com97 unit, 6-storey condominium development. Project is located on the site of the former Pantages Theatre at 138 East Hastings St.
Pinnacle Living False Creek CondominiumsPinnacle InternationalSpring 2015pinnacleliving.ca105 unit condominium development in 11 and 7 storey buildings, located at 1887 Crowe St completed phase 1 in 2011, phase 2 completed in Apr 2013. 169 units in 8 and 14 storey buildings, phase 3 is expected to complete in Spring 2015. Architect: IBI Group Architects.
Marine Gateway Mixed Use DevelopmentPCI GroupSummer 2015marinegateway.comMixed use development will include a transit centre, multi level retail space, office space and 416 residential units in two towers. Located at 8400 Cambie St, project will meet Leadership in Energy and Environmental Design (LEED) gold standards. Architect: Busby Perkins + Will.
UBC - Wesbrook Place Residential DevelopmentUniversity of British Columbia2015planning.ubc.caDevelopment that will include 2,000 housing units, a community centre, village centre and a school. The project will be located south of 16th Ave near Wesbrook mall. Construction completed on a 4-storey apartment called Pathways by Adera Development Corp. in Spring 2008, followed by Keenlyside faculty market housing by UBC Properties Trust. Wesbrook Village Food Store and rental apartments completed. Project phases include a 4-storey faculty and staff rental housing by Village Gate Construction, an 18 storey market condominium by Rize Alliance, and a senior's residence by Concert Properties. A 62 unit market condominium, Pacific Spirit, by Adera Projects Ltd. Sage apartments by Kenstone Properties will have 115 units in an 18 storey building at 5898 Gray Ave. Academy is a 162-unit highrise by Polygon Homes on Berton Ave., and Sail is a 172-unit wood construction, apartment by Adera that features courtyard and reflecting pools, and built to Residential Environmental Assessment Program (REAP) Platinum sustainable building standards.
UBC - University TownUniversity of British Columbia/Private DevelopersSummer 2015utown.ubc.caSeveral neighbourhoods make up the UBC Endowment Lands. Mid-Campus (Hawthorn Place) and Theological (Chancellor Place) neighbourhoods have completed construction. The Theological/ Chancellor Neighbourhood has several market housing developments: Stirling House by Intracorp contains 39 units in a 6-storey building and Folio at Chancellor Place is a 58 unit, 4-storey development by Ramsay Worden Architects. The Corus is a 14 storey residential tower by Bastion Development Corporation and Hancock Bruckner Wright Architects and the Coast low-rise condominiums are also by Bastion Development Corporation. The $100 million, 7.2 ha University Boulevard Neighbourhood project, awarded to Moore Ruble Yudell Architects and Hughes Condon Marler Architects, has completed. The plan includes the East Campus and Gage South neighbourhood. The North Campus neighbourhood, with 2000 housing units, includes Wesbrook Place, 17-storey apartment by ASPAC, and the 98-unit Pacific apartment condominium by Adera. Academy highrise by Polygon is located on 5696 Berton Ave.

North Vancouver

ProjectDeveloperCompletionWebsiteDescription
Canyon SpringsPolygon Canyon Springs Homes Ltd.2015polyhomes.comDevelopment of 108-units in two lowrise condominiums located at 2517 Mountain Hwy. Architect: Ray Letkeman Architects.
Seylynn VillageStarmark Properties Corp.Spring 2015seylynn.caProposed 625 unit condominium development located on Harbourside Dr.
The Pier - Mixed Use DevelopmentPinnacle InternationalFall 2015thepier.caLocated east of Lonsdale, 13 individual development parcels include approx 1.16 million sq ft of residential, commercial (office, retail, hotel, conference facility) and institutional uses. Parcels 1 through 6 have completed construction. Parcel 1, 100 E Esplanade, includes 64,600 sq ft of commercial space in a 5-storey building. Parcel 2, 138 E Esplanade, is a 142,625 sq ft building, called Premiere, with residential units above commercial space. Parcel 3, 168 E Esplanade, a 10-storey residential high rise called Esplanade West and Parcel 4,188 E Esplanade, a 181,700 sq ft residential high rise. Parcel 5, the Pinnacle Hotel, includes 105-rooms in a 7-storey building with a 10,000 sq ft conference facility completed in Jan 2010. Parcel 6 contains additional residential units. Parcels 7 and 8 are commercial redevelopments. The National Maritime Centre for the Pacific and the Arctic proposed for Parcel 9 will not proceed. Parcel 10, 25,825 sq ft of commercial space in a heritage building. Parcels 11 and 12 include 315,525 sq ft of residential space in the Atrium, The Landing and Pinnacle Residences. Parcel 13 includes 4,000 sq ft of commercial space. Trophy at the Pier is a 113 unit apartment at 172 Victory Ship Way, expected to complete Fall 2015.

Burnaby

ProjectDeveloperCompletionWebsiteDescription
Altitude Condominium Towers at UnivercityHungerford PropertiesEarly 2015hungerfordproperties.com/altitudeA 198-unit condominium development in 12 and 14 storey towers. 4 storey lowrises have completed in previous phases of the project.
Silver CondominiumsIntracorp DevelopmentsSpring 2015silverliving.ca38-storey condominium development with 290 units, located on Beresford St and Silver Ave. Project will incorporate pedestrian oriented, ground level retail space.
Aviara CondominiumsLedingham McAllisterSpring 2015ledmac.comProposed 34-storey, 239-unit condominium development with two highrise apartments, lowrise townhouses and a park expansion.

Coquitlam

ProjectDeveloperCompletionWebsiteDescription
M3 Condominium HighriseCressey Development Corp.2015liveatmthree.comDevelopment of 319 units in a 43-storey condominium highrise located at 1188 Pinetree Way. Architect: Rositch Hemphill & Associates.
Regan's WalkMarcon DevelopmentsSummer 2015reganswalk.caDevelopment of a 71 unit condominium located at 611 Regan Ave. Project is in permitting stages.
Evergreen CondominiumsBosa Properties Inc.Summer 2015bosaproperties.com/evergreenDevelopment of 195 units in a 30 storey condominium tower at 3007 Glen Dr. Architect: Rafii Architects.

Richmond

ProjectDeveloperCompletionWebsiteDescription
Bravo CondosATI Investments Ltd.2015bravoliving.ca10-storey condominium development located at 5911 Cooney Rd. Architect: W.T. Leung Architects Inc.
Harmony CondominiumsTownline Ventures Ltd.Summer 2015harmonyrichmond.com16-storey development with 119 condominium units, located at 8280 Granville Ave.
Pinnacle Living at Capstan VillagePinnacle InternationalFall 2015pinnacleinternational.caProposed 200-unit condominium development in 8 and 13 storey buildings with retail space at ground level.
Altis CondominiumsRoyal Group City Ventures Ltd.2015canadaroyalgroup.comDevelopment of a 94-unit condominium in a 16 storey building located at 6333 Cooney Rd. Architect: W.T. Leung Architects.
Riva CondominiumsONNI developmentsSpring 2015onni.com/riva6-storey condominium development between River Rd and Alderbridge Way. Architect: Yamamoto Architects.
Kiwanis Towers Condominium DevelopmentKiwanis Seniors Housing Society/ Polygon Homes2015metrovancouver.orgProposal for a 338-unit residential development in two 15-storey buildings on Minoru Blvd. The project will include 296 units for low-income seniors housing. Funding of $100,000 will be provided by the Canada Mortgage and Housing Corp, $21 million from Richmond Kiwanis Senior Citizens Housing Society, $20.8 million from the City of Richmond, with an additional $3.3 million to cover development costs. The provincial government will provide $19.7 million in construction financing, and Polygon Homes will provide construction services.

Surrey

ProjectDeveloperCompletionWebsiteDescription
Harvard Gardens RowhousesPolygon HomesSpring 2015harvardgardenstownhomes.comRowhouse condominium development located at 32nd Ave and 152nd St. Phase called Kensington House will have 86 apartment units and Lotus Walk will contain 40 townhouse units. Upcoming phases include Kingston House.
Clayton Village Residential DevelopmentBFW Developments Ltd./City of SurreyFall 2015N/APhased residential development on a 500-acre site bounded by 68th Ave, 72nd Ave, 188th St and 192nd St. Phase 1 and 2 include approximately 250 single-family homes, 52 detached strata homes, and 170 townhouses. The Gables phase 1 of single family homes has completed. Phase 2, Calera condominiums, 153 units in two buildings, commenced construction in Summer 2008. The developments phase 3 includes the Knoll rowhomes by Mosaic Homes and Clayton Rise by Townline Development. 190 luxury townhomes in Uptown by Sunmark Builders built in four phases. Design will meet Leadership in Energy and Environmental Design (LEED) standards. Salix condominiums by Woodbridge Homes have completed. 141 units in the Grove Parkhomes are expected to complete in Fall 2015.

New Westminster

ProjectDeveloperCompletionWebsiteDescription
The Brewery District DevelopmentWesGroup Income Properties2015thebrewerydistrict.caRe-development for the Labatt's site with 500-750 residential units, retail and commercial space that will also include health services and live-work units. Rezoning and public consultation stages are complete and construction is underway. The project is designed to follow LEED Neighbourhood Development Standards. Architect: IBI/Henriquez Partners Architects.
Victoria Hill CommunityONNI DevelopmentsSpring 2015onni.comA planned community on approx 65 acres. The development will contain 1,270 residential units and 280 senior residences on McBride Blvd and Carnarvon St. Phase 1 includes a 4-storey condominium low-rise building with 72 units, six 3-storey townhomes, completed in Nov 2005. The 19- and 22-storey high rise buildings and 6 townhouses contain 185 units. 20,000 sq ft of commercial space and two high rise towers completed in Spring 2007. The Whittaker lowrise completed Spring 2010. The Carlyle, a 27-storey highrise has completed. The Grove lowrise is expected to complete Spring 2012. The Parkside 22-storey highrise is expected to complete in Spring 2015. The Lookout is in pre-construction phase. Architect: Chris Dikeakos Architect Inc.

Langley

ProjectDeveloperCompletionWebsiteDescription
Elements Residential DevelopmentSandhill Developments Ltd.Winter 2015elementsinlangley.comDevelopment of 393 units with 198 apartments and 142 units of seniors housing. The location at the 20100 block of 66 Ave. will include 20,000 sq ft of commercial space. Architect: F. Adab Architects.

Abbotsford

ProjectDeveloperCompletionWebsiteDescription
Lift CondosBlexo DevelopmentsEarly 2015N/ALowrise 72 unit condominium development on Clearbrook Rd & Mt Waddington Ave. Architect: Barnett Dembek Architects Inc.
Abacus Uptown Condominium DevelopmentQuantum Properties Inc.Early 2015abacusuptown.com90-unit condominium development located at 2565 Campbell Ave.

Delta

ProjectDeveloperCompletionWebsiteDescription
Delsom Estates Residential DevelopmentPacific Land GroupSpring 2015delta.caResidential development to include 178 single family homes, 602 multi-family dwellings, 70 seniors apartment units, and 55,000 sq ft of commercial space on a 100 acre site located off Nordel Way. Construction will take place in several phases, Radiance and Spyglass at Sunstone have completed. Polygon townhomes are Eclipse at 10489 Delsom Cres and 87-unit Lakeside at 10500 Delson Way. A 56-unit apartment and a 71-unit seniors residence are planned along with 5 commercial buildings at 10775 Delsom Way.

Kamloops

ProjectDeveloperCompletionWebsiteDescription
Juniper Ridge Residential DevelopmentTercon Construction2015N/AProposed 93 hectare, 668-unit residential development will include 397 single family units and 271 townhouse units. The development will be built in 6 phases with phase 1 of 50 single family units. First three phases have been approved.

Kelowna

ProjectDeveloperCompletionWebsiteDescription
Central Green Residential DevelopmentCity of Kelowna2015kelowna.caProposed residential development on 5 ha site at Harvey and Ritcher Ave. Project includes 3 towers of 14, 16, and 18 storeys, 4-storey buildings, commercial space and a park. Designs will meet Leadership in Energy and Environmental Design (LEED) Gold standards.

Langford

ProjectDeveloperCompletionWebsiteDescription
Goldstream Meadows Residential DevelopmentGoldstream Meadows Ltd.2015westshoredevelopers.caThe project includes 240 modular homes and 180 townhouses, a park, preservation of a wetland, and approximately 86,000 sq m of commercial space on a 59 ha site adjacent to Langford Lake. The business park and industrial development at the north end of the site are well underway. The residential portion is under construction.

Vernon

ProjectDeveloperCompletionWebsiteDescription
Adventure Bay PointPaul GaskinSummer 2015adventurebayvernon.comDevelopment to include 300 units (100 strata, 200 apartments) in 6-4 story buildings with common recreation facilities. Phases 1 and 2 are under construction and are expected to complete by Summer 2015.

Victoria

ProjectDeveloperCompletionWebsiteDescription
Boardwalk ResidencesJawl Development Corp.Fall 2015jawlproperties.com6-storey condominium development located at 321 Waterfront Crescent.
The Hudson Residential DevelopmentTownline GroupSummer 2015hudsonliving.caRestoration and new construction of the former Bay department store at 1701 Douglas St, will include condominium conversion and ground-level retail space in the old building. The parkade area will be converted to residential towers. Construction of 152 units and the restoration ($80 million) has completed in Oct 2010. Hudson Place will be a 19 storey tower on Blanshard Ave, and a 24 storey tower on Herald St.
Bayview Residential DevelopmentBayview Properties2015bayviewresidences.comDevelopment of 5 buildings in Songhees including 3 residential towers, 10- , 11- and 13-storeys, and series of townhouses totalling 597 units. Bayview One is the first building to complete construction, a 143-units condominium in 11-storeys at 100 Saghalie Rd. Architect: Merrick Architecture. Tower 2, 21-storey Promontory by Bosa Properties has 177 units, and Tower 3 is expected to start construction in 2014. The historic Roundhouse portion of the site (project ID #2151) will include additional commercial space.

View Royal

ProjectDeveloperCompletionWebsiteDescription
Eagle Creek Village Mixed Use DevelopmentOmicron Development Inc.2015omicronaec.comDevelopment on Helmcken Rd and Watkiss Way is underway with 56,000 sq ft medical offices and 60 rental units. A 112,000 sq ft retail component have confirmed tenants Quality Foods and Shoppers Drugmart. Phase 2 includes 120 lowrise residential units and a 3.9 acre park.

West Kelowna

ProjectDeveloperCompletionWebsiteDescription
Gateway Urban VillageDilworth HomesSpring 2015gatewayurbanvillage.comDevelopment of 180 units in a 10-storey condominium tower and 160 units in a supportive living tower called Heritage. Project also includes an 8-storey commercial building and is located on site of former packing plant on Brown Rd. Rosedal 1 and 2 and Chelsea are current phases.

Whistler

ProjectDeveloperCompletionWebsiteDescription
Rainbow Plaza and CondominiumsRainbow Canuck Properties Ltd.Early 2015ronmor.caDevelopment of 49 residential units and 21,000 sq ft of commercial space including a grocery store and a Chevron gas station.
Rainbow Residential DevelopmentWhistler Rainbow Joint VentureFall 2015ronmor.ca200 unit residential neighbourhood on 18 hectares, will include 37 single family lots, 4 multi family villas, apartments, senior's housing as well as 80 duplex units to accommodate local workers. A commercial core and some subsidized housing will be part of the project. Two parks are expected to complete in Fall 2014 with the service station completing in Late 2014. Rainbow Plaza will complete 66 residential units and commercial space including a grocery store in Fall 2015.