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June 6, 2023

New architect and fresh signs of life at 1901 Minor — now taller and with more units

By BRIAN MILLER
Real Estate Editor

Rendering by Gensler [enlarge]
This is the approved 40-story plan from Genlser, four years ago. The plan is now 44 stories, with the north tower’s notch (right) moved up a few floors.

Four years ago, Canadian developer Concord Pacific paid $72 million for an entitled high-rise project site in the Denny Triangle. The half-block plan at 1901 Minor Ave. began life circa 2014 under Crescent Heights and architect Gensler. Its two towers were apparently to be rentals, not condos, though that question was never decisively answered.

Since the sale, 1901 Minor has been relatively quiet. Gensler requested more height in 2020, to match the current zoning and Mandatory Housing Affordability requirements. The plan now stands at two 44-story towers with 1,073 units — seemingly to be rentals.

New filings with the city last week show that the architect has changed to Arcadis. Concord Pacific doesn't yet have construction or demolition permits, so the new filings may indicate those are being sought.

The city doesn't yet appear to have approved the taller, revised plan. The old MUP looks to have expired last summer.

The latest filings from Arcadis call for 14,315 square feet of retail/commercial space, plus over six levels of underground parking, with 649 stalls. That parking ratio points to rentals, not condos, since the latter have proven hard to sell without parking.

The project is now listed with a nominal value of $266 million.

Concord and its in-house builder, Centreville Construction, are both based in Vancouver, B.C. They're now above grade at 2300 Sixth Ave., where two 45-story towers are slated to have 1,130 rental units. (As with 1901 Minor, a condo-rental hybrid is also possible.)


 


Brian Miller can be reached by email at brian.miller@djc.com or by phone at (206) 219-6517.




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