Wednesday, May 22, 2013

Maintaining a commercial capacity

Originally developed in 1996 and consisting of nearly 900,000 square feet, Harbourside is North Vancouver’s premier business park and home to the North Shore Automall. Its strategic location, within 10-minutes of the Lions Gate Bridge and Highway 1, has attracted a variety of commercial and industrial businesses and helped advance the City of North Vancouver’s business development goals. Today, the business park provides over 3,900 jobs to the City.

While Concert’s re-imagined Harbourside entails the addition of a broader range of uses including residential condominiums and rental housing, it has always been our intention to not only maintain the existing commercial capacity, but to build upon it. Concert’s development plans for the remaining waterfront parcels include the provision for a significant amount of high-quality office space. A total of at least 200,000 square feet of “AAA” office space is proposed which would be owned and operated by Concert, and provide for approximately 1,000 additional office jobs.

As it exists today Harbourside lacks the volume of amenities necessary to properly support the workforce such as convenience retail and services, or frequent public transit service. The construction of residential, along with additional commercial and retail space will help create the critical mass needed to make these amenities viable by serving the business community by day and the residential community by night.

Concert is proud to be able to build upon previous success in developing some of the City’s most desirable commercial space, while at the same time being able to add the supporting amenities required to make Harbourside an even more appealing destination for businesses. 

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