Oxford Properties has formally applied to rezone their property at 1133 Melville Street; a 30,510 SF site currently occupied by a 7-storey parkade and office building topped with two floors of vacant multi-residential.
The project, rumoured for the last couple of years, calls for a 33-storey office building with retail at grade, including:
- a building height of 524 ft.;
- 658,687 SF of office and retail space;
- a density of 22.65 FSR; and
- 287 underground parking spaces.
This rezoning application is being considered under the Rezoning Policy for the Central Business District (CBD) and CBD Shoulder, General Policy for Higher Buildings and Rezoning Policy for Sustainable Large Developments.
Once completed, it will be one of the tallest and largest office buildings in Vancouver. Comparable nearby shorter towers include Bentall 5, which contains 583,000 SF of office space; Park Place at 596,000 SF; and Bentall IV at 548,000 SF.
The architect team of KPF and Kasian, describes the project in the application:
The project stands at 33 storeys. Typical floor plates are approximately 20,000 SF with a five storey bustle on the west side of the tower separating the tower volume from the adjacent Loden Hotel and providing 5 floors with a 23,000 SF floor plate. The ground floor is programmed with both lobby and active retail space.”
Oxford acquired the property in 2010 for $27,650,000. The property was previously owned by Amacon who developed the Loden Hotel next door. Amacon had originally planned a hotel and office tower project on the property, but later elected to sell it.