Hines has established a partnership with Vancouver-based real estate development firm PC Urban Properties Corp to build Western Canada’s largest and tallest mass timber office building in the Mount Pleasant area of Vancouver.
Located at 123 East 6th Avenue, T3 Mount Pleasant will be a new mass-timber, transit-connected, technology and amenity-rich, mixed-use office building, said Hines in a statement.
The proposed 10-story, 196,000-square-foot T3 (Timber, Transit and Technology) office building, Hines’ proprietary mass timber creative office product, will be one of the most environmentally friendly, sustainable and wellness-focused developments in Vancouver and the largest and tallest mass timber office building in Western Canada.
“Hines is excited to partner with a premier firm like PC Urban to bring our T3 brand to this creative tech hub in Vancouver,” said Syl Apps, Senior Managing Director at Hines, the international real estate firm.
“As one of the most innovative and forward-thinking office properties in Vancouver, T3 Mount Pleasant is designed to accommodate the needs of firms who seek creative class workers. These workers are opting to work in environments that prioritize health and wellness, and that offer proximity to living, dining, entertainment, recreation, and transit,” he added.
“We are excited about the opportunity to work with Hines. This will be our fourth project in Mount Pleasant, and we’ve been actively involved in its transformation. Obviously, we are believers in the area,” said Brent Sawchyn, PC Urban CEO.
“The City of Vancouver owned land is occupied by the SFU Annex, a 1928 heritage building. We were selected by the City to acquire and redevelop the property based on our previous work in the area and on our experience with heritage revitalization. The Annex will remain on site and be an integral component of the project. We also looked at the site as a perfect opportunity to bring mass timber office construction to Vancouver, and there is no one in North America with as much experience with this building form as Hines,” added Sawchyn.
Construction is expected to begin in 2022, and be completed in 2024.