VANCOUVER, Dec. 4, 2015 /CNW/ - Cadillac Fairview was pleased to host a Public Engagement Session regarding the proposed office tower at 555 West Cordova Street on December 3, 2015. The purpose of this session was to get feedback and comments from the public on the design principles for the proposed project. The design principles were developed coming out of the Urban Design Panel (UDP) workshop held on June 17, 2015.
We were encouraged that approximately 350 people attended the session. Feedback was collected from a wide range of key stakeholders across the greater Vancouver area as well as neighbours and other interested parties.
We presented revised design parameters for a new concept and public realm principles that specifically address how a new design will be set back to: liberate the neighbouring heritage buildings (The Station and The Landing), increase articulation and porosity at the plaza level and incorporate terracing to create view opportunities and reduce apparent building massing.
We are focused on meeting the requirements outlined in the approved Central Waterfront Hub Framework and Downtown Office Development Plan. Our building, The Station, is an integral part of the Vancouver Waterfront master plan and we believe that our project complements that plan. Now that feedback has been obtained from the UDP workshop and public we will work towards redesigning our building and sharing our revised vision at the UDP in the new year.
Cadillac Fairview's commitment to the City of Vancouver
Cadillac Fairview is proud of our 45-year operating history in Vancouver and our investment in this community. Our most recent redevelopment of the former Sears building at 725 Granville Street has transformed the neighbourhood and attracted best-in-class retail and office tenants such as Sony Imageworks, Microsoft and Vancouver's first Nordstrom department store.
We take great pride in our assets and we are constantly reinvesting in them to maintain their premier status in the city. Currently, our Vancouver office buildings serve a tenant population of approximately 16,000 people. Our proposed tower reinforces our strategy of expanding our core property assets, office and retail in key urban markets and demonstrates our commitment to investing in the long-term of a thriving, sustainable Vancouver.
About Cadillac Fairview
Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The company also invests in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at more than $28 billion, Cadillac Fairview owns over 36 million square feet of leasable space at 66 properties in Canada, including, The Station, CF Pacific Centre, 725 Granville Street and CF Richmond Centre.
Cadillac Fairview is wholly owned by the Ontario Teachers' Pension Plan, which invests to secure the retirement income of active and retired teachers.
SOURCE Cadillac Fairview