Trend to multigenerational high rise, mid city apartment developments
VANCOUVER: The trend to multigenerational high rise, mid city residential apartments is drawing a growing percentage of the downsizers market.
The latest manifestation of the global trend is in Vancouver.
A rezoning application, along with a fresh set of renderings, has been filed with the City of Vancouver for what would be the city’s fourth-tallest tower.
Pinnacle International wants to build a 54-storey luxury high-rise at the north end of Granville Bridge, opposite the under-construction Vancouver House. Together the redevelopment of the Granville loop lands is intended to create the new “Granville Gateway” – a grand architectural entrance from the bridge into downtown Vancouver.
The architect on the project, GBL Architects, has designed a curvilinear tower with a twist in the facade that pays homage to the twist in its 49-storey neighbour, Vancouver House.
If built at the proposed 163 metres, 601 Beach Crescent would be the fourth-tallest tower in the city, after Shangri-La, Trump Tower and One Burrard Place.
Pinnacle proposes a total of 455 residential units, 303 of which would be market condos and 152 of which would be social housing.
The design includes a seven-storey podium that would include 22,543 square feet of commercial and retail space, as well as extensive common amenities on the seventh floor, and a rooftop pool, hot tub and gardens. There would also be 442 underground parking spaces and a whopping 970 bicycle spaces.
The site would also include a public park that would run around the new building and beneath Granville Bridge’s off-ramp, creating an at-grade link to the neighbouring Vancouver House development.
Pinnacle’s rezoning application includes a skyline study, which shows how the new building would fit into the cityscape. Because Beach Crescent is at a lower elevation than many streets in the downtown core, the building does not impact the skyline and “fits nicely” with the existing overall dome shape, according to the application.
