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Wednesday, November 29, 2023

First Project In New Mount Pleasant Industrial Zone, Three Sixty, Launched by Strand

Located at 360 West 2nd Avenue, at the intersection of Alberta Street, Three Sixty launched leasing.

Strand, a Vancouver-based developer, recently launched leasing at its latest commercial project, Three Sixty, a nine-storey mixed-use development located at 360 West 2nd Avenue in Vancouver’s Mount Pleasant neighbourhood. The project is the first to be developed under a new industrial zoning district called I-1C, introduced following the City of Vancouver’s 2020 Employment Lands and Economy Review. The I-1C zoning district aims to intensify industrial and office employment opportunities in the area while allowing for increased building heights. Three Sixty will be a stacked industrial space, with light industrial space on the four lower floors and office space on the five floors above.

Three Sixty Rooftop Amenity (Strand)

The development will have a total leasable floor area of 112,000 sq. ft and include four levels of underground parking and a rooftop patio. Light industrial floors will have ceiling heights ranging from 12 ft to 29 ft and floor loads from 75 lbs to 100 lbs per sq. ft. The building will appeal to high-end users, according to Robin Buntain and Glenn Gardner of Avison Young, who are leading leasing on Three Sixty.

Mount Pleasant Employment-Intensive Light Industrial Rezoning (CoV)

The I-1C District Schedule allows for various land uses, including fitness centres, child care facilities, food and drink manufacturers, laboratories, and health care offices. Yamamoto Architecture is serving as the architect of Three Sixty, and the building will have an eye-catching flatiron shape. Demolition of the site, which is currently occupied by vacant bicycle shops, will begin this month, and Three Sixty is expected to be completed by mid-2025.

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