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C R E A T E Y O U R

VISION
A legacy development opportunity

ST. PAUL’S HOSPITAL REDEVELOPMENT,


Burrard Street
V A N C O U V E R , B C

ICONIC 6.6 ACRES MIXED-USE


DEVELOPMENT SITE
PA R T I C I PAT E I N A L E G A C Y

ST. PAUL’S The proceeds of the Burrard site sale will assist with the
development of the new St Paul’s Hospital Health Campus.

HOSPITAL
Providence Health Care’s vision is that the campus becomes
a central element of the City’s biotechnology and medical
research industry and helps put the City of Vancouver on
the map as a world-class medical and healthcare hub. The
integrated nature of this property can accommodate multiple

THE LARGEST AVAILABLE stand-alone future development opportunities that are linked
to, but separate from, the new hospital. These could include
DEVELOPMENT SITE IN DOWNTOWN
high-tech office space, research and teaching facilities, a hotel
VANCOUVER
and residential accommodation.

V A N C O U V E R , B C

CBRE Limited is pleased to offer the opportunity to participate


in the redevelopment of the St. Paul’s Hospital Burrard Street
BUILD YOUR VISION Site and create a legacy development that will change the City
of Vancouver forever. PHC will enter into a sale and leaseback
Within one of the world’s most desirable cities, a once-in-a-generation
with the buyer until the new hospital is ready for occupancy.
opportunity has arrived. After 120 years, a formidable architectural and
The existing St Paul’s hospital will continue to operate on the
institutional icon on Burrard Street in downtown Vancouver, St. Paul’s
Site until the new hospital is developed.
Hospital is to be relocated to a new world class health care centre in
the evolving False Creek Flats neighbourhood. CBRE Limited has been
For more information, please contact the undersigned:
engaged by Providence Health Care (PHC) to seek out the visionary
developer that will reimagine the current St. Paul’s Hospital site on Burrard
Street, an iconic mixed-use 6.6 acre development site (“The Site”) and
create downtown Vancouver’s next seminal mixed-use project.
Tony Quattrin Jim Szabo
Personal Real Estate Personal Real Estate
UNLOCK THE POTENTIAL Corporation Corporation
Vice Chairman Vice Chairman
St. Paul’s Hospital currently sits on a 6.6 acres site located at the southern
end of the downtown peninsula at the edge of the densely populated West WHAT National Investment Team
- Vancouver
National Investment Team
- Vancouver

IS YOUR
End Neighbourhood. This site represents downtown Vancouver’s largest
development opportunity in the last 13 years, and presents a generational
opportunity to acquire a substantial landholding in the most coveted part of
the downtown peninsula. Situated at the highest point in the downtown core,
this expansive site holds the immense potential to become a “city within a city”
VISION?
including the next series of signature mixed-use towers that will shape the
skyline of Vancouver and direct the future of the downtown core.

VISION
T H E O F F E R I N G

ICONIC MIXED-USE
DEVELOPMENT SITE
DOWNTOWN VANCOUVER

CBRE Limited is pleased to offer


for sale a once-in-a-generation
downtown development opportunity.

The
After 120 years in downtown Vancouver, The future development will be the signature

St. Paul’s Hospital is relocating and leaving focal point for the south end of Burrard

an expansive 6.6 acre Burrard Street site Street. The project is likely to feature an

available for development at the pinnacle integrated and sustainable retail village that

of Vancouver’s downtown peninsula. This will serve the dense and growing residential

OFFERING
extraordinary site presents a once-in- populations of the West End and the south

a-generation opportunity to design the downtown City Centre.

next signature mixed-use towers that will

transform the landscape of the downtown

core.

05
Se
aB
us
Ro
ute I N V E S T M E N T H I G H L I G H T S

ICONIC MIXED-USE
Waterfront SkyTrain Station DEVELOPMENT SITE
BC Place Stadium DOWNTOWN VANCOUVER

Granville SkyTrain Station

Burrard SkyTrain Station Vancouver City Centre SkyTrain Station

Ho U N B E ATA B L E L OC AT I O N
we
S tre The St. Paul’s Hospital site is located on one of the highest points in
et
Central Business District the downtown peninsula, situated between the City Centre and Central
Business District, Yaletown, and the West End. This is one of the most
prominent “centre-ice” locations in all of downtown Vancouver.
tree t
Rob son S Yaletown Roundhouse
SkyTrain Station
EXTRAORDINARY SITE SIZE

This offering is comprised of two full city blocks totalling 6.6 acres in the
heart of downtown Vancouver. This represents the largest contiguous
site offered for sale in downtown Vancouver since 2005.

Nelson Park
SURROUNDED BY AN ARRAY OF AMENITIES

Bu The Site is within walking distance from a wide variety of quality


St. Paul’s Hospital rra amenities and entertainment options, which further enhances the Site’s
rd
Th 6.6 acres St
re attractiveness as a well-connected central location for both residents
urlo et
and employees. The Site is also close to some of Vancouver’s most
w
St attractive parks and beaches, including Nelson Park, Sunset Beach,
re
et Kitsilano Beach and the famous Seawall.

The West End TRANSIT-ORIENTED

treet There are three SkyTrain Stations within ten minutes walking distance

vie S with access to the Expo Line, Millennium Line and Canada Line
Da SkyTrains, providing easy and convenient transit connections throughout
Metro Vancouver.

Davie Village
WELL-CONNECTED

The site is adjacent to Burrard Street – a primary downtown artery


running from Canada Place at Vancouver Harbour south to Kitsilano
via the Burrard Bridge.

07
D E VSTANLEY
E LPARK
O P M E N T P O T E N T I A L
D O W N TO W N VA N CO V E R
RESIDENTIAL DEVELOPMENTS

The largest development site offered for VANCOUVER HARBOUR

T
NS
sale in Vancouver in the last decade.

MA
N
DE
ME
6,766 condo up to $3,000 80% of pre-
LV units per SF sales sold
ILL
ES
RO T
BS W
ON
S GE Waterfront In The Pipeline
T OR Active Projects
Burrard
GI
A ST W
HA
St. Paul’s Hospital ST
IN

ST
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W
SS

LO
T

UR
P R O P E R T Y S U M M A R Y Granville W

TH
ENGLISH BAY DA PE
ND
VIE ER

T
DS
ST Vancouver City Centre ST

ICONIC MIXED-USE

AR
RR

ST
BU

BY
RN
HO

ST
DEVELOPMENT SITE

WE
PA

HO
CIF
I CS

T
RS
T

MAIN ST
OU

ST
YM
DOWNTOWN VANCOUVER

DS
SE

R
HA
SM Stadium-Chinatown

RIC
ITH
ES
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NE
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VANIER O NS
T
PARK

ST
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AN
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GR
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The New St. Paul’s
CIVIC ADDRESS Yaletown-Roundhouse
Healthcare Campus

1081 Burrard Street, Vancouver, B.C. FALSE CREEK Main Street Science World

PID
007-266-251

LEGAL DESCRIPTION
LOT 1 BLOCKS 9 AND 10 DISTRICT LOT 185
PLAN 17644 Ready for development.
No additional CAC`s required.
EXISTING ZONING HOTSPOT OF RESIDENTIAL DEVELOPMENT ACTIVITY
DD - ZONE G
There are currently 11 active and 23 upcoming high-density condo projects in the
Vancouver downtown core, delivering a total of 6,766 units. The average price of these
DENSITY
units are reaching up to $2,154 PSF with 22 of these projects being located within a 1 km
6.6x FSR [1]
radius of St. Paul’s Hospital.

SITE SIZE
290,087 SF / 6.6 Acres HIGH GROWTH AREA

South Burrard Street is experiencing rapid population growth around the


F R O N TAG E immediate area of the St. Paul’s Hospital Site. Within a 1km radius of the site, the
494 ft along Burrard Street residential population is projected to grow 13.2%, and average household incomes
494 ft along Thurlow Street
are projected to grow 37.7% within the next 10 years.
594 ft along Comox Street

1KM Radius Population Household Income


[1] Please refer to the DD zoning bylaw
[1]
Please refer to the DD zoning bylaw and West End 2017 estimated 71,215 $80,443
and West End Community Plan for 2027 projected 80,618 $110,793
Community Plan for further details.
further details.
Growth % 13.2% 37.7%
WHAT
T H E F U T U R E S T P A U L ’ S
IS YOUR
THE NEW ST. PAUL’S HOSPITAL
HEALTH AND RESEARCH CAMPUS
VISION?
FA L S E C R E E K F L AT S , VA N CO U V E R
An opportunity to build an
enduring iconic community for
future generations.
The sale of St.Paul’s Hospital Burrard Street site will help
fund the future Health Campus at Station Street. “The sale of the current St. Paul’s Hospital is a once in
a generation opportunity to acquire such a substantial
After departing from its current location landholding in downtown Vancouver. It will provide the new
North Vancouver
at the peak of Burrard Street, the new St. ownership the opportunity to shape the direction of a site that
is approximately the size of two city blocks in a much-coveted
Paul’s Hospital will be constructed on an part of the peninsula. In the normal course of business, to
Vancouver Harbour
Canada Place 18.5 acre site in Vancouver’s False Creek assemble an equivalent-sized parcel of land in downtown
ute
S eaBu
s Ro Vancouver could potentially take decades, but the sale of
Flats neighbourhood. The new, state-of-the-
the St. Paul’s Hospital will allow the new owner to do so in a
art Hospital and Health Campus will be a single transaction.”
Waterfront
SkyTrain Station
world-class integrated health care hub that
Gastown TO N Y Q UAT T R I N , V I C E C H A I R M A N O F C B R E
will seamlessly blend high-technology uses,
Andy Livingstone Park
C A N A DA C A P I TA L M A R K E T S
Ge
org
Chinatown medical care, research and teaching, office
ia - D
unsm
uir Via
duct
space, hotel and residential space across
False Creek Strathcona
multiple buildings.

The This new, world-class medical destination will


Hos N
pita ew St. P
l He
alth aul’s create thousands of new job opportunities,
Cam
pus
t
ee

Thornton Park Trillium Park


r
St

Mi l attracting medical practioners, research


ec

le n
b

ni u
ue

Main Street m
Q

SkyTrain Station Sk Pacific Central Station


yT
ra
in analysts and health professionals from all over
Li n
e

the world. PHC will use the funds from the


et
re

Ter
St

m ina
sale of the Burrard Street site to develop the
n

l Av
ai

et

enu
M

tre

e
nS

new hospital, forming the centre of the Health


tio
Sta

Campus.

11
ST. PAUL’S
HOSPITAL
THE LARGEST AVAILABLE
DEVELOPMENT SITE IN DOWNTOWN
VANCOUVER

V A N C O U V E R , B C

F O R M O R E I N F O R M AT I O N O N T H I S O F F E R I N G ,
P L E A S E C O N TAC T :

Tony Quattrin Jim Szabo


Personal Real Estate Corporation Personal Real Estate Corporation
Vice Chairman Vice Chairman
National Investment Team – Vancouver National Investment Team – Vancouver
604 662 5154 604 662-5125
tony.quattrin@cbre.com jim.szabo@cbre.com

Mario Negris Blair Quinn


Personal Real Estate Corporation Personal Real Estate Corporation
Executive Vice President Executive Vice President
Urban Properties Group High Technology Facilities Group
604 662 3000 604 662 5161
mario.negris@cbre.com blair.quinn@cbre.com

WWW.NITVANCOUVER.COM

© 2018 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc.
does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your
responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are
for example only and do not represent the current or future performance of the property. The value of this transaction to you depends
on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a
careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE
and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries.
All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their
respective owners and use of these images without the express written consent of the owner is prohibited. PMC0008743 07/2017

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