On June 20, 2019, Oxford Properties Group (‘Oxford’) hosted an official groundbreaking ceremony for ‘The Stack’ at 1133 Melville in Vancouver’s downtown core, a AAA class 540,000 sq. ft. office development, which will become the tallest office tower in Vancouver.
The Stack, scheduled for completion in Q1 2022, is targeting LEED Platinum and to become the first Net Zero Carbon tall building in Canada. It is being developed with Vancouver’s tight office market in mind, which has the second lowest downtown office vacancy in North America at 2.7% as of Q1 2019.
Rising 530 feet, the tower will become the tallest commercial tower in downtown Vancouver, and offers tenants unobstructed panoramic views of the city and mountains. Designed in collaboration between James Cheng Architects and Adamson Associates Architects, The Stack’s climbing, twisting box design will set a new standard for architectural excellence in Vancouver.
To incorporate wellness and community into the design of the building, the office features six outdoor decks, a pocket park and a rooftop patio that is available to all tenants and will offer the finest views in the city. Likewise, the ability to open windows in the lowest box allows for fresh air and creates a connection with the outdoors, which is proven to boost employee wellness and productivity.
To encourage wellness, the building will feature a club-quality fitness and cycling facilities, including 250 bike stalls located at ground level, changing rooms and showers with towel service.
The Stack development project is co-owned by Oxford and Canada Pension Plan Investment Board with each holding a 50% stake.