ASPAC Development Proposed a 38 Storey Towers to Redevelop West Georgia White Spot Site Vancouver

ASPAC Development Proposed a 38 Storey Towers to Redevelop West Georgia White Spot Site Vancouver

  • Real Estate
  • Redevelopment
May 8, 2019

ASPAC Development Proposed a 38 Storey Towers to Redevelop West Georgia White Spot Site Vancouver. The 41,570 Sqft land is occupied by a White-Spot restaurant located in one of the most expensive parts of Vancouver. The White-Spot restaurant site was sold for $245 million dollars last in 2018.

Georgia Street is the most important road in downtown that starts from the Viaducts and connects to the Lions Gate Bridge. In between, it passes through downtown’s most populated destinations. The redevelopment site is close to Stanley Park. The nearby recreational district has a variety of restaurants. West Georgia Street is where the most epic developments are located: Fifteen by Bosa, and Westbank by Kengo Kuma.

The site planned for two 38-storey towers with the following details:
Two towers with building heights of 117.3 m (385 ft.)

  • A four-storey podium connecting the two towers.
  • A total of 455 proposed strata residential units, of which 200 are located in each of the towers and 55 located in the podium.
  • A total floor area of 40,288 sq. m (433,657 sq. ft.)
  • A floor space ratio (FSR) of 9.60
  • Six levels of underground parking with 503 vehicle parking stalls and 911 Class A bicycle parking spaces.

The developments on West Georgia Street has been unique given its location for luxury homes. With ocean and Stanley Park view, the additional luxury housing supply will help reduce competition in the non-luxury home sector. These unique buildings will be a new talking point for Vancouver.

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