Post Time:Dec 05,2017Classify:Industry NewsView:1056
Vancouver’s first major transit-oriented development integrated with a Canada Line rapid transit station has won a prestigious award.
Marine Gateway by PCI Developments was one of 13 developments worldwide selected by the Urban Land Institute for its 2017-2018 Global Award for Excellence. This is Marine Gateway’s seventh award in the last two years from local, national and international organizations.
“We are honoured to receive this international recognition from the ULI for Marine Gateway, a project that we are very proud of,” said Andrew Grant, president of PCI Developments. “The site previously had no housing and only 60 jobs. Now, Marine Gateway is a vibrant, transit-oriented, complete urban community home to approximately 750 residents and 2,000 jobs in conjunction with high quality restaurants, retailers and movie theatre serving the local community.”
The winners were selected by an international jury made up of ULI members from various real estate development disciplines. The ULI Awards for Excellence, established in 1979, recognize the full development process of a project, including design, leadership, community contribution, innovations, public/private partnerships, environmental protection and enhancement, response to societal needs and financial success.
“Cities are about people—the way we interact, get around, and go about our daily routines. Great cities are made of great places that make the urban experience easy and enjoyable,” said ULI Global CEO Patrick L. Phillips. “These projects reflect the highest standards of design, construction, economics, planning, and management. But most important, they are improving people’s quality of life.”
Marine Gateway is LEED Gold certified with 415 condo units, 46 rental apartment units, 230,000 sq ft. of retail and 260,000 sq ft. of office space directly integrated with the Marine Drive Canada Line station.
PCI will start construction on a similar project — King George Hub in Surrey — in spring 2018. Like Marine Gateway, this project will transform an under-utilized site adjacent to an existing and two future rapid transit stations in Surrey City Centre into a vibrant, large-scale complete community with office, retail and residential uses.
PCI Developments is a Vancouver-based real estate developer and investor. Current PCI projects under construction include an office building at 565 Great Northern Way that is integrated with the new Emily Carr University of Art & Design.
Source: glassonwebAuthor: shangyi