The federal government has announced it is providing Marcon Developments with significant low-cost construction financing for one of their major secured purpose-built rental housing projects in Vancouver’s Oakridge area. This will specifically enable Marcon to realize one of its two W42 rental housing towers at 5780 Alberta Street — located at the northeast corner of the intersection of West 42nd Avenue and Alberta Street, just one block east of Oakridge Park (Oakridge Centre) mall and SkyTrain Oakridge-41st Avenue Station.
Government backs construction of 215 rental units in Vancouver
Marcon is getting the $107.5 million in repayable low-interest loans through the Canada Mortgage and Housing Corporation (CMHC) for its W42 project at 5780 Alberta Street – a 19-storey high-rise with 215 rental units.
The high-rise will feature studio apartments, and one-, two- and three-bedroom units. The funding is made through the Rental Construction Financing Initiative. Marcon is putting up $6.6 million in cash equity.
Marcon Proposing 42-Storey Tower Near Central City Mall In Surrey
The mixed-use building proposed by Marcon would be located at the intersection of 102 Avenue and City Parkway in Surrey, across the street from Central City.
Canadian ‘Starchitect’ Bringing Ultra-Luxury Boutique Condo to Stanley Park
Although the market definitely isn’t what it was a year ago, presales of the ultra-luxury boutique condominium Barclay, deep in the heart of Vancouver’s West End, are expected to eventually entice wealthy downsizers and investors looking for something special. At 10 storeys, each large unit is designed to capitalize on the city’s verdant views, as well as the cachet of architect Richard Henriquez, who designed the building for Marcon Developments.
Marcon proposes 32-storey hotel in downtown Vancouver
A plan to build a new 578-room hotel in downtown Vancouver comes at a time when the business case for adding new lodgings to the city is as strong as ever, say the developers of the project along with tourism and real estate stakeholders. Marcon has submitted a rezoning application to build a 32-storey hotel at 516-534 W Pender St. and 509 Richard St. that would reach 318 feet in height and would include roughly 20,400 square feet of commercial space and 44,000 square feet for office use in addition to the hotel rooms.
32-storey hotel with 578 rooms and rooftop destination restaurant proposed for downtown Vancouver
Local developer Marcon is hoping to provide a much-needed major relief for Metro Vancouver’s immense shortage of tourism-supporting, hotel-room supply. They have submitted a rezoning application to build downtown Vancouver’s largest new hotel in more than two decades, since the 2001 completion of the 746-room Sheraton One Wall Centre.
Richard Henriquez is Vancouver’s built form pioneer
When Richard Henriquez arrived in Vancouver in 1967 the old Sylvia Hotel in the West End was still considered a high-rise, along with the Marine Building and the Hotel Vancouver, and a few others. There was no Pacific Centre shopping mall. Downtown Granville Street was mostly small storefronts. When the city helped the developer assemble land for the underground mall, there was an outcry that the mall would be turning the street inward. They weren’t wrong. Granville Street, once a vibrant neon district, fell into a state of gloom.
Architecture is for everyone
Architect Richard Henriquez helped “make the West End what it is” ADFF director Kyle Bergman says. Henriquez’s work is celebrated in the new film Richard Henriquez: Building Stories.
Architecture and Design Film Festival: Vancouver not just for those in the business
If you have spent any time in Vancouver looking around there’s probably a good chance your eyes have landed on a Richard Henriquez building. Notable ones on a long list include the Sylvia Tower, Eugenia Place, Sinclair Centre, Woodward’s Redevelopment, Telus Garden Office, UBC’s Michael Smith Laboratories, and the B.C. Cancer Research Centre.
5 Films to Catch at the Architecture and Design Film Festival
An architecture-obsessed film fest might just be the perfect fit for a city of real estate fiends. Richard Henriquez: Building Stories – this Vancouver-made film, directed by West Coast Modern auteurs Gavin Froome and Michael Bernard, is a 30-minute look at the life and legendary work of local, award-winning Canadian architect Richard George Henriquez, known for founding Henriquez and Todd with Robert Todd in 1969 (the precursor to today’s Henriquez Partners Architects). With an award collection that could rival Katharine Hepburn (including the Royal Architectural Institute of Canada Gold Medal in 2005, the Governor Generals Medal in 1994 and the Order of Canada in 2017), Henriquez has been influential in the Canadian architectural landscape, and indeed right here in Vancouver—notably, Vancouver’s Gaslight Square, Sylvia Hotel Tower and BC Cancer laboratory. This film looks at his influences and his focus on memory and history in his approach to his work.