Site of the future T3 Mount Pleasant office building at 123 East 6th Avenue, Vancouver. (Google Maps)
Site of the future T3 Mount Pleasant office building at 123 East 6th Avenue, Vancouver. It is currently occupied by the heritage Simon Fraser Annex. (Google Maps)
According to the development team, the municipal government chose the developers to acquire and redevelop the property based on PC Urban Properties’ experience in the area with building office and creative industrial projects, and heritage revitalization. The property’s latest assessed value is $41.6 million, with $41.2 million for the 30,000 sq ft of land and $400,000 for the structures.
The project name T3 stands for timber, transit, and technology. The location is about a four-minute walk from SkyTrain’s future Mount Pleasant Station at the intersection of Broadway and Main Street.