A significant office building has been proposed for the northeast corner of Terminal Avenue and Station Street, the existing site of Party Bazaar, in the False Creek Flats area.
Local developer Rize Alliance, in collaboration with architectural firm Musson Cattell Mackey Partnership, has submitted a development application to the City of Vancouver to redevelop the site at 1296 Station Street – located immediately south of Pacific Central Station and east of SkyTrain’s Main Street-Science World Station – into a 13-storey office building.
The building in its overall form has an irregular crystal shape, in addition to a large glass-enclosed office lobby on Station Street that sharply juts out as if it were an extension of the crystal.
Retail spaces are located on the ground level, with storefront entrances located along the building’s length on Terminal Avenue. There will be five underground levels to create space for 442 parking stalls.
Overall, the project will have a building floor area of 285,346 sq. ft. on the 0.95-acre site – giving it a floor space ratio (FSR) of 6.78 FSR – and a height of 170 ft.
If approved, it will be the tallest and largest office building project in the northern half of the Flats to date.
This is Rize Alliance’s third office building project on Terminal Avenue following the completion of its recent Containers office complex, which houses the new Lower Mainland headquarters of Canada Revenue Agency.
Extensive redevelopments will be coming to the Flats over the coming years as part of the municipal government’s plan to increase the area’s employment and establish a medical, creative, and tech industry hub.
Major office buildings are also planned immediately north of Pacific Central Station as part of the new St. Paul’s Hospital campus.