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Monday, January 30, 2023

The Marq at UBC stands apart with freehold homes

The Marq, a boutique condo building of only 22 homes is coming soon to the University Endowment Lands next to UBC, and it’s freehold — a rarity in the UEL where the majority of homes are on 99-year leases.

The Marq will be located at 2225 Acadia Road, and developed by Westland. Designed by Rotsitch Hemphill Architects, the building will feature two bedroom, two bedroom & flex and three bedroom homes ranging from 830 to 1010 sq ft.

The origins of the University Endowment Lands date back to 1907, when a land trust was established to raise capital for the future University of British Columbia. Since then, the majority of land has been sold on 99-year leases with the proceeds funding capital investments at UBC, as well as supporting student scholarships and bursaries. 

The Marq Entrance rendering
Rendering of entrance. Credit: Westland Living
The Marq kitchens
Renderings of kitchens at The Marq. Credit: Westland Living

The Marq will be high-end, with imported Italian kitchens, oak hardwood floors and spa-inspired bathrooms. It goes on sale this Spring, with completion expected in mid-2022.

The development is just a few blocks away from leləm̀, an upcoming 1,250 unit condominium development which is a partnership between the Musqueam Indian Band and developer Polygon. leləm̀ will also include a grocery store, community centre and daycare centre. That development is already pre-selling its first phase, called Cedar Walk.

leləm̀ Polygon development
leləm̀ rendering. Credit: Polygon

Editor’s note: Peter Meiszner is an employee of the University of British Columbia.

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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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