Kabam, is expanding its North American headquarters, signing a lease of 105,000 square foot across seven floors at Vancouver Centre II.
The project, which is being developed by GWL Realty Advisors, has a targeted completion date of 2021. VCII will be the first office tower completed in the current cycle of downtown office development in Vancouver.
“Kabam is exactly the kind of forward-thinking, industry-leading firm we had in mind when we designed VCII,” says Geoff Heu, vice president, development – Western Canada, GWL Realty Advisors. “With VCII’s premier location in the downtown tech hub and its direct connection to two transit lines, it’s not surprising the building is already one-third leased before excavation is even complete. With the current exceptionally low office vacancy rate of 3.9 per cent, we are confident that VCII will be fully leased prior to completion.”
As VCII’s lead tenant, the Vancouver-based mobile game developer will have access to first-class amenities, including the 29th Floor Skyline Rooftop Deck; a state-of-the-art fitness facility and yoga studio; end-of-trip cycling facilities; and dog-friendly facilities.
The project is targeting LEED Platinum certification and is registered with the International WELL Building Institute. VCII’s Wired Certification will ensure it has the digital infrastructure to addresses the advanced technology needs of today and the capacity to upgrade to meet future needs.
When complete, VCII will sit squarely in the middle of Vancouver’s new commercial office district, which has shifted east in recent years. GWL Realty Advisors is developing VCII on behalf of owners: The Healthcare of Ontario Pension Plan, the Great-West Life Real Estate Fund, and London Life Real Estate Fund.
Pictured L-R: Rob Kavanagh and Geoff Heu (GWL Realty Advisors) at the VCII development site.