92 per cent of office space at Pacific Centre redevelopment now leased; Sony Pictures Imageworks joins Microsoft and Miller Thomson as tenants
Vancouver, BC, May 30, 2014 - The Cadillac Fairview Corporation Ltd. is pleased to announce that Sony Pictures Imageworks is the third major office tenant confirmed for Pacific Centre’s 725 Granville redevelopment project. Sony will lease the entire 5th floor, which includes 71,500 square feet of office space. 725 Granville offers four levels of office space above Nordstrom’s future Canadian flagship location. With this announcement, 92 per cent of the space is now leased.
Sony Pictures Imageworks will move into the 5th floor of 725 Granville Street in Spring 2015. This announcement comes just weeks after confirmation that Microsoft will lease the 6th and 7th floors of the building. In January of this year, Cadillac Fairview announced law firm Miller Thomson will move into 48,000 square feet on the 4th floor.
“We are pleased to welcome Sony Pictures Imageworks to 725 Granville,” says Tom Knoepfel, Senior Vice President & Portfolio Manager, Cadillac Fairview Western Canada. “725 Granville’s central location in the heart downtown, coupled with its unique large floor plate office spaces has attracted internationally recognized brands and global leaders in their respective industries. We look forward to them moving into 725 Granville Street starting in 2015.”
The new office space is part of the redevelopment of the former Eatons/Sears building. The top four levels of the building are being converted to 290,000 square feet of AAA class office. Each floor has 17-foot ceilings, slab to slab, and offers 72,500 square foot floor plates, a unique feature in the downtown core.
Nordstrom will have 230,000 square feet on three floors below the office space. A new 44,000 square foot multi-tenant retail space will be built on the lower mall level. Local and renowned architect, James K. M. Cheng, designed the project. As part of Cadillac Fairview’s commitment to sustainability, the project is targeting LEED Gold Certification under the LEED: Core & Shell Program.
Construction is well underway on the site. The office space is expected to open in early 2015. New retail stores on the lower level are expected to open in Spring 2015. Nordstrom is expected to open in Fall 2015.