A $500M mixed-use development represents the tallest residential tower in Vancouver
62-floor One Burrard Place opens in downtown Vancouver
Frank O’Brien
Western Investor
Exclusive soirée marks completion of $500 million project as tallest residential tower in the city.
A by-invitation-only soirée on August 17 opened One Burrard Place, a $500 million mixed-use development that represents the tallest residential tower in Vancouver and the largest city project undertaken by Reliance Properties and Jim Pattison Developments.
The event marked the closing of sales on hundreds of condominiums in the sold-out towers.
“We are extremely proud of One Burrard Place because our design by IBI Group had to be approved by an international panel for tall buildings in order to be approved for development,” said Jon Stovell, CEO of Reliance Properties. “Our design had to demonstrate architectural excellence and significant environmental standards, so we are thrilled to be able to deliver on these important elements.”
The overall development covers almost an entire city block and consists of two residential towers totalling almost 800 homes: One Burrard Place and 2Burrard Place, which is under construction. The third building is a recently completed Class AAA office tower, designed by the late Bing Thom. It has been almost entirely leased by Vancouver-based fashion giant Lululemon Athletica.
The first three floors will be occupied by Jim Pattison Downtown Toyota, which will also include an underground auto repair and service centre.
“The 62-storey One Burrard Place sets a new benchmark for luxury”,” according to Reliance, including the city’s first butler-concierge service and on-demand access to local luminaries for in-home catering, and even a closet and style consultation with expert designers.
All residents and commercial tenants will have access to Club One, 30,000 square feet of amenities that include a giant swimming pool, sauna, jacuzzi, spa, gym, indoor/outdoor yoga, private shopping, and an outdoor patio with kitchen.
The entire One Burrard and 2Burrard Place completely sold out during the development and construction phase. Aside from the tower condominium, the project includes 50 market rentals.
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