Canadian engineering and construction giant SNC-Lavalin plans to expand its Vancouver presence and take six floors with a total of 100,000 square feet in the 24-floor tower that Bentall Kennedy LP is developing at the corner of Thurlow and Alberni streets, across from the Shangri-la Hotel Vancouver.
McCarthy Tetrault had previously closed a deal to take the building’s top four floors.
“Both those deals represent 50% of the office space in the building,” Bentall Kennedy’s executive vice-president, Tony Astles told Business in Vancouver October 31.
“Office space starts on the fourth floor at about 15,500 square feet and the floors grow up to about 21,000 square feet at the top.”
Construction of the tower is set to start in early 2012.
Astles would not reveal his company’s target date to lease the remaining space.
“Our target is to achieve full lease-up as soon as is reasonably possible,” he said.
SNC-Lavalin executive vice-president Jim Burke said in a release that leasing space in the future tower will help his company expand its Vancouver presence and raise its corporate profile in downtown Vancouver.
Glen Korstrom
@GlenKorstrom