DEVELOPING STORIES

Click on any sign below to see details of current developments on that street.

Rear-Admiral George Fowler Hastings.

West Hastings Street

Hastings Street was so named because it was the road from Vancouver proper to what, from its founding in 1869 until its residents voted to join Vancouver in 1869, was known as Hastings Townsite. Stretching from Burrard Inlet to what is now 29th Avenue, and from Nanaimo Street to Boundary Road, the town was named for Rear-Admiral George Fowler Hastings (1814 - 1876) who, towards the end of a 50 year career in the Royal Navy, served as the commander-in-chief of the Pacific Station of the Royal Navy at Esquimalt through the mid-1800s. Commander Hastings is also memorialized in the names of a school, a mill, a park, a part of Observatory Inlet near Prince Rupert, and streets in New Westminster and Port Coquitlam.

Terrance House at 1250 West Hastings.

1250


NAME: Terrace House   

DESCRIPTION: Between Bute and Jervis. Touted as the world's tallest mostly-wood [“hybrid”] building. The wood used is Douglas fir from a sustainable farm in the Kootenays. it will stand 19 stories tall, smack dab behind Arthur Erickson's magnificent Evergreen and is apparently designed as a tribute to him.  It refers to itself as  “the best in…exclusivity and luxury urban living.”  Starting at 3million CAD.

PRINCIPALS: Owner & Developer PortLiving. Architect Shigeru Ban Architects and Franci Architecture. Marketing TBC.

HISTORY & CONTROVERSIES:  It broke ground February, 2018. However, due to cost overruns and COVID-19-associated complications, CMLS Financial, the primary construction investors, called in their 20 million dollar loan in May of 2019. The September 3 deadline to come up with new investors was extended on August 31 until December 4, 2020. By June of 2021, three companies had tendered their bids to take over construction. Landa Global Properties, Solterra Development Properties, and a newborn company created by PortLiving’s CEO Tobi Reyes. The BC Supreme Court handed the project over to Solterra in June of 2021, but the BC Court of Appeals overturned that decisionn in the third week of October, 2021. Stay tuned….

SPECS: Height 224ft / 68.27m / 19 stories. Market Rental None. Strata 20 units (eight 2 bdrm, ten 3 bdrm, eight 4bdrm) 1258sf - 3,657sf. Social Housing None. Parking Three levels underground. Completion TBC.

LINKS: