Four years after receiving the green light from the Development Permits Board, local developer Landa Global Properties is now pushing the launch of its 1818 Alberni project.
The Jenga-like miniature luxury residential tower will be located on the southwest corner of the intersection of Denman Street and Alberni Street in the West End neighborhood of downtown Vancouver, near the border with Coal Harbour.
It will be a 210-foot-tall, 21-story tower with 54 high-end condominium homes, with each residential level containing no more than three units. Homes start at $1.7 million.
Homes range in size from 972 square feet on the lower levels to over 5,000 square feet on the upper levels, and they feature Italian kitchens with marble surfaces and floor-to-ceiling windows.
Along with luxurious finishes, the project will incorporate high-tech features and amenities including smart home access for keyless entry, as well as a gym, double-height library/social lounge, concierge access and a package notification.
Complimentary concierge services include a private chef, car wash service, yacht rental, dry cleaning, pet grooming and walking, and interior design consultation.
The developer has also partnered with Rolls-Royce Motor Cars Vancouver to provide car service to residents.
“The elevated service complex takes the building to a whole new level for Vancouver and matches the caliber of the entire building,” Kevin Cheung, CEO of Landa Global Properties, said in a statement.
“This is a gem in the city that deserves iconic architecture and design. We wanted to push ourselves to set new standards for luxury and design in Vancouver. »
Rafii Architects is behind the design of the building, which is presented as a set of boxes facing in different directions. This configuration offers stunning views of Coal Harbour, the mountains, Stanley Park and English Bay.
“These boxes interact with each other and deviate from the usual concrete and glass tower,” Foad Rafii said. “Furthermore, the careful placement of these boxes allows for extensive vegetation which, when used at different levels, will really make the building vibrant and alive.”
The redevelopment contributes to the vibrancy of the area by providing 4,000 square feet of ground floor retail and dining space, effectively activating the tower’s street frontages with Denman and Alberni streets.
Landa Global Properties originally planned to launch this project in March 2020, but this was delayed due to the pandemic. His project should not be confused with Bosa Properties’ largest Jenga-like tower — the 42-story Fifteen Fifteen Tower about three blocks east at 1500 West Georgia Street, which launched in October 2021.
Construction at 1818 Alberni Street is expected to be completed in 2024.
Current status of the development site:
Future state of the development site:
Like the rest of the housing sector, the luxury residential sector has been rebounding for about a year, following a prolonged downturn that began with various interventionist policies at the behest of the government about six years ago, and the first impacts of the pandemic.
According to a Sotheby’s International Realty Canada report last week on Vancouver’s luxury sector, during the first quarter of 2022, overall condominium sales over $1 million increased 29% year over year. another to reach 559 units – just short of the 559 single-family homes sold for more than $1 million, while sales of condominiums over $4 million rose 8% year over year for reach 14 units.