BlueSky Properties held a public sales launch event yesterday for the upcoming Phase 2 of University District. While the project is to include 2 towers above townhouses along University Drive between 104 Ave and 105 Ave, sales have so far only been opened for the shorter 28-storey north tower. It is expected that once that tower sells out, sales will then open for the taller 37-storey south tower.
Of the 322 homes released for sale in the north tower, it appears that most 1-bedroom units have already been sold out as of the public launch date – with prospective buyers asked to inquire with the sales team about availability. What remains are:
Junior 2-bedrooms (646 – 732 SF) priced from $569,900
2-bedrooms (764 – 850 SF) priced from $609,900
Townhomes (1249 – 1636 SF) priced from $799,900
If you’re looking for a 1 bedroom, you may have to wait for the launch of tower 2.
Expected to be complete by end of 2022, the 28-storey north tower will feature air conditioning in all units, 4 elevators, enhanced bike storage facilities, and more. While it isn’t clear whether the south tower will be constructed and completed within the same time frame (pending sales), it appears the commercial / amenity building at 104 Avenue and University Drive would be. In addition to retail at ground level, this building will feature a fitness centre for residents, outdoor rooftop pool, bbq and dining terrace, lounge and entertainment areas, and more.
Bosa Properties has submitted an application for their next phase of University District, to be located on the former Brick / Sears outlet site just north of the Safeway near 104 Avenue and City Parkway. This next phase is to follow Phase 2, known as ‘Blue Sky‘ which is currently in pre-sales and expected to begin construction in 2019.
Details of the new application indicate that the project is proposing 1,134 residential units and 104,300 SF of commercial space. This is likely to translate into up to 4 residential towers above podiums and significant commercial / retail space.
The site, which includes 2 properties – 13583 104 Ave & 13550 105 Ave spans an entire block, with frontages on 104 Ave, 105 Ave and City Parkway. The site also spans 2 designations under the City Centre Plan – with the south portion of the site designated for Mixed-Use/High-Rise (5.5 FAR), and the north portion designated for Mixed-Use/High-Rise (3.5 FAR). The City Centre Plan allows for density bonuses of 20%, meaning the project FAR will likely be proposed higher than what is designated.
The subject site is a key location in City Centre, in the civic core, just to the north of City Hall and Civic Plaza. Well-fitted to a project at this high profile location, the applicant on the file is Perkins + Will, a renowned international architecture and urban design firm with an office in Vancouver.
In development of the site, the project will also dedicate and construct a new urban ‘green lane’ running east-west across the site, as well as re-align the intersection of 104 Avenue and City Parkway. This will result in a continuous City Parkway between Surrey Central and Gateway – and help bridge the gap between these 2 areas of City Centre.
Bosa’s BlueSky Properties received 1st & 2nd readings by Council on Monday night for their upcoming, recently re-branded, ‘BlueSky’ project at 104 Avenue and University Drive. The project, previously thought to become the next phase of ‘University District‘ is now set for Public Hearing and 3rd reading (preliminary approval) on July 9.
Released in the Planning Report to Council on Monday were updated renderings for the project, superseding a previous design from the original 2011 application on the site. As part of the new 2018 application, tower heights have increased to 28 & 37 storeys, and incorporate a more contemporary ‘box-shaped’ architectural design. In addition, a new north-south lane will be dedicated along the site’s eastern property line, as per the City Centre Plan, helping to achieve a finer-grained road network.
Designed by Vancouver’s ZGF Architects, the two condo towers will contain a total of 742 units above a 3-storey townhouse base fronting both 105 Ave & University Dr, and 4-storey amenity podium with ground floor retail and rooftop pool at the corner of University Dr & 104 Ave. The project will create a strong urban streetscape along both University Dr and 105 Ave, and help transition density further northward from the city’s emerging civic core. The project is targeted for completion and occupancy by summer 2022.
For more on the application, the full Planning Report to Council can be found here:
Bosa Properties’ University District is progressing with work continuing on the interior as well as balconies, exterior finishing touches, and sidewalk. While not scheduled for completion until later this year, the building has already transformed the area, creating a very urban, downtown streetscape along 104 Avenue, which will only improve with opening of the building’s retail. According to Form Leasing’s website, there are 5 units available which have not yet been leased.
The construction hoarding has finally come down at Bosa Property’s University District at 104 Ave & University Dr. Work continues on the exterior and interior of the building as it gets a coat of white paint, new sidewalks, and other finishing touches.
No sign yet on what retail may be going in at street level. There are currently 5 retail units listed for lease on form.ca ranging between 490 – 922 sq.ft. The 2nd floor of the podium is up for lease as office space with a total of 5,603 sq.ft. Availability is set for Q1 2017.
The crane is now in the process of being removed from Bosa Properties’ Alumni Tower project in Surrey City Centre. Alumni Tower is the first of 8 towers planned as part of Bosa’s University District development along 104 Avenue between University Drive and King George Blvd. At 36 stories, it will contain 310 condo units, along with retail and office space. Completion is scheduled for Fall 2016.