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Sunday, July 21, 2024

Modern office space proposed for 155 Water Street in Gastown

A redevelopment at 155 Water Street in Gastown will add new office space and retail units above a heritage building.

CBRE Urban Properties Group is marketing three new retail units at 155 Water Street, most recently home to Kit and Ace and before that, Nood, a New Zealand-based furniture retailer with a short-lived presence in Vancouver.

There will be seven floors of office space over 74,458 sq ft. above the retail units. A 3,800 sq ft. rooftop lounge will offer tenants spectacular views of downtown Vancouver, Coal Harbour and the North Shore.

An underground parking garage will have 45 stalls, and bicycle storage will be provided as well.

The development is targeting LEED Gold certification. Architects are Musson Cattell Mackey Partnership, and the building is being developed by Low Tide Properties, the real estate company owned by Chip Wilson.

The project has been in the works since 2014, with an earlier proposal showing a stepped back addition atop of the two-storey commercial building. That proposal was rejected by the city. This new design has already been approved by the Urban Design Panel.

For more information, visit 155waterstreet.com

155 Water Street perspective
Perspective of new office development at 155 Water Street. Credit: CBRE/Low Tide Properties
155 Water Street rooftop amenity area
Rooftop amenity space for office tenants. Credit: CBRE/Low Tide Properties

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Peter Meiszner
Peter Meiszner
Peter Meiszner is an experienced journalist and media relations professional, based in Vancouver. As founder of urbanYVR.com, he has been reporting on urban development across the Lower Mainland since 2016, and has also served as vice-chair of the Gastown Historic Area Planning Committee. In October 2022, he was elected to Vancouver city council and is no longer actively reporting for urbanYVR.

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