paramount graham

Graham awarded $267M Paramount condo project

Wednesday, July 31, 2019

Graham has been awarded The Paramount project, for Keltic (Canada) Developments Ltd. The new $267 million residential community includes office and retail spaces, located in downtown Richmond. Construction is slated for completion in April 2022.

The Paramount project comprises the construction of a mixed-use development with four towers on a common parkade/podium structure, including three 15-storey residential towers, one 12-storey office tower and multiple retail units at ground level. The building is 625,000 sq. ft. on a 375,000 sq. ft. four level parkade.

Overall this development provides 533 for sale residential suites; 27 low income market rental “LIMR” suites; 16,000 sq. ft. early childhood development hub “ECDH” – fully fitted out; 24,000 sq. ft. retail units; 118,000 sq. ft. office space and 618 parking stalls.

Graham’ completed the construction of a Presentation Centre on Cook Road in October 2018. Graham also undertook abatement and demolition for the main site, followed by an Enabling Works package which consisted of site preparation works including soil densification and the construction of a DSM water cut-off perimeter wall (completed January 2019).

New construction consists of bulk excavation, shoring and dewatering to facilitate the parkade structure, the construction of a CIP Concrete structure to parkade, podium and all towers. The façade is window wall to the residential towers, curtain wall to the office tower and storefront to the retail units, with ACM Panel Cladding to accent areas and membrane roofing systems throughout. The building is designed to achieve an overall LEED Silver Equivalent with LEED Gold Certified to the ECDH only.

The residential areas will be fully finished under this contract to typical mid-high-end standard. The office and retail areas are to be constructed to typical ‘shell and core’ standard only. The office includes one level of ECDH which is to be fully fitted-out under this contract for hand-over to the City of Richmond.

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