Vancouverites driving downtown will want make sure they’ve got enough fuel in the tank now that there’s only one gas station left on the entire downtown peninsula.
One of the last two remaining gas stations hastily shut down late last month. The Chevron on West Georgia Street in Coal Harbour was purchased by Anthem Properties for $72 million, according to Business in Vancouver.
Chevron said despite the location being one of the company’s highest-performing gas stations in B.C., the company made the decision last year to put the property on the market.
It’s expected Anthem will propose a high-end residential tower on the site, which is near several other luxury condominium proposals, including Cardero by Bosa Properties, Alberni by Kengo Kuma (Westbank), and a striking glass Flat Iron proposal.
But if drivers thought having only one gas station left downtown – the Esso at the corner of Davie and Burrard – was annoying, they might want to brace themselves, because it’s for sale as well.
Colliers International is advertising the property as an ideal high-density, mixed-use site, ripe for redevelopment.
The listing says the site allows a building height of up to 300 feet, and rezoning applications to increase density can be considered. The Esso station was put on the block as part of a package of five different gas stations (four in Vancouver, one in North Vancouver).
It’s not known if the site has sold already, but the listing is still active on Colliers website.
It appears downtown residents, office workers and commuters may soon be forced to cross a bridge to fuel up. The closest gas stations are located at West 4th and Burrard Street, as well as East 2nd and Main Street. In Vancouver’s red-hot property market, who knows how much longer they will last.