Westbank is adding hundreds of new rental units to Vancouver’s West End, with two new developments near English Bay coming on stream within the next year.
The first is Pendrell, a 21-storey purpose-built rental building on Pendrell Street near Denman. The building will contain 173 rental units, of which 147 are market rental. A total of 26 of the units will be classified as “affordable rentals” — meaning they will be rented at below-market rents.
Unit mix for the Pendrell:
- 45 studios
- 45 one-bedroom
- 59 two-bedroom
- 24 three-bedroom
The tower will feature a Japanese garden at grade and a large amenity space. Architecture is by Henriquez Partners Architects, and the building should be complete later this year.
Just around the corner, Westbank and Crombie REIT are collaborating on Davie, a two-tower development on the former site of a Safeway grocery store at Davie and Cardero.
The development will add 330 new rental apartment homes when it completes in 2020, as well as a new, 44,000 sq ft. Safeway. There will also be nearly 9,000 sq ft. of additional retail space, which could see the return of the BC Liquor Store previously on the site.
Westbank will also have new rental apartments at the Vancouver House development when it completes later this year.