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THE MERCHANTS BANK ICONIC FLAGSHIP RETAIL | RESTAURANT | OFFICE OPPORTUNITY
-Daniel Libeskind
“TO PROVIDE MEANINGFUL ARCHITECTURE IS NOT TO
PARODY HISTORY, BUT TO ARTICULATE IT.”
ONE WEST HASTINGS
Located at the gateway to Downtown and Gastown,
the Merchants Bank is located on the prominent corner
of Carrall Street and West Hastings Street. Gastown,
a preserved heritage district adjacent to Vancouver’s
financial core, has emerged as one of Vancouver’s
preeminent areas for shopping, dining and working.
The area, intersected by many transit routes, and
in close proximity to the SeaBus terminal, Stadium-
Chinatown SkyTrain Station and the West Coast
Express, has undergone exponential development
and commercial growth, with several award-winning
residential developments, restaurants, high tech
firms, and visual effects companies located within
the district. Notable area restaurants, including the
award-winning L’Abattoir, Save-On-Meats, Tacofino,
PiDGiN, and Coquille Fine Seafood, among others, are
steps away. Other prominent retailers nearby include
COS by H&M, Roden Gray, LightForm, Kit and Ace,
and LuluLemon Lab, with the flagship retail stores of
Herschel Supply Co. and Le Labo Fragrances set to
open in 2018. In addition, the corporate head offices
of Industrial Light and Magic, Mozilla, Global Relay,
Earls Restaurants, PNI Media, and Invoke Digital
Media, among others, are all located in the immediate
area. The Merchants Bank represents an unparalleled
opportunity to locate in Vancouver’s most vibrant
and coveted district.
LOCATION
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The Merchants Bank is a landmark property
located at the corner of Carrall and West Hastings
Streets, at the confluence of the Gastown and
Downtown districts in Vancouver. The imposing
“Beaux Arts” structure was constructed in 1913 by
renowned architects Somervell and Putnam, and
originally housed the Montreal-based Merchants
Bank. The building was constructed in the “Temple
Bank” style, symbolizing strength, solidity and
prosperity.
Now owned by the Vancouver based, award-winning
Millennium Development Group, the Merchants
Bank is undergoing a significant revitalization,
including seismic upgrading, the restoration of its
original granite and limestone cladding, cornices,
façade stone carvings and spandrels, returning this
iconic building to its former elegance. Together
with the reclaimed heritage architectural elements,
the building will be fully modernized, and will offer
up to 15,000 SF of state of the art retail/restaurant
and office space. The Merchants Bank presents an
extraordinary opportunity to establish a presence
in a showpiece building in one of Vancouver’s most
sought-after districts.
“We build dreams. Dreams that are based on
sober and painstaking research. Dreams that
are founded on financial solidity. And backed
by a track record of more than half a century of
absolute success.”
- MILLENNIUM DEVELOPMENT GROUP
OPPORTUNITY
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ONE WEST HASTINGS
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ONE WEST HASTINGS
• Exceptional, fully revitalized iconic heritage
building on a prominent corner location
• Beautifully restored with reclaimed original
heritage architectural elements
• Complete seismic upgrade
• Fully modernized commercial building with
state of the art building features
• Newly upgraded electrical services, mechanical
systems, building connections, complete
seismic update, and a new passenger elevator
• Incredible ceiling heights throughout with
outstanding visibility and frontage
• Commercially vented main and lower level
spaces, envisioned for hospitality and food
primary uses
• Flagship retail, hospitality and restaurant
opportunities from approximately 2,691 SF to
6,956 SF
• Unique full floor or multi-level office
opportunities from approximately 2,073 SF to
6,257 SF
• Extraordinary full building opportunity totalling
approximately 15,000 SF over 5 levels
FEATURES
Level 0 | 2,691 SF*
• Exceptional lower level retail/hospitality/food
primary opportunity
• Dedicated entry from the main level
• 130 person occupant load
• 10’ ceiling heights throughout
• Dedicated 2’ X 2’ commercial, fire-rated vent
shaft
• Dedicated electrical panel
• High Efficient Energy Recovery Ventilating
(ERV)
Levels 1 & 2 | 4,265 SF*
• Exceptional flagship main level retail/
hospitality/food primary opportunity
• Premier exposure and visibility
• Total occupant load of 187 persons
(main and mezzanine levels combined)
• Expansive 20’ ceilings heights in
majority of the premises
• Dedicated 2’ X 2’ commercial, fire-
rated vent shaft
• Dedicated electrical panel
• High Efficient Energy Recovery
Ventilating (ERV)
ICONIC RETAIL | RESTAURANT SPACE
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• Unique full floor office
opportunities
• Exposed concrete throughout
• Exceptional ceiling heights
• Restored character windows
• Southeast facing outlooks
• Modern aesthetic with reclaimed
iconic architectural features
Levels 3 - 5 | 2,073 - 6,257 SF*
THREE LEVELS OF FULL FLOOR OFFICE SPACE
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ONE WEST HASTINGS
LOCATION MAP
Crab Parkat Portside
Vancouver Urban Winery
M
M
Burrard Landing
Canada Place
Bentall Centre
W Has tings St
W Cordova St
Burrard
Howe S
t
CF Pacific CentreGraville
Vancouver City Centre
Downtown
Vancouver PublicLibrary,Central Library
YALETOWNPark Vancouver
Coopers Park
Nelson St
Smithe St
Robson St
Miku Vancouver
Waterfront
Gastown VancouverSteam clock
Water St
GASTOWNPowell St
Vancouver PoliceMuseum & Archives
Powell St
1 West Hastings Street
E Pender St
VancouverChinatown Festival
Phnom Penh
AndyLivingstone
Park
Stadium-Chinatown
Roger Arena
Creekside Park
BC Place
Union St
Que be c S
t
Expo Bivd
Science World at TelusWorld of Science
Camb ie St
Queen Elizabeth Theatre
W Waterfront Rd
W Waterfront Rd
Rog
ers
St
W Waterfront Rd
DowntownEastside
OppenheimerPark
E Hastings St
E Cordova St
Powell St
E Hastings St
E Geogia St
Union St
E Pender St
E Geogia St
Keefer St
Venables St
E Geogia St
Frances St
Epender St
Venables St
Parker St
Napier St
William St
Union St
E Pender St
Prior St
Charles St
STRATHCONAVANCOUVER
E Hastings St
Franklin St
Stewart St
E Cordova St
Centennial Rd
Clark D
r
Woodland D
r
McLean D
r
Adanac St
Ray
mur
Ave
Ray
mur
Ave
Keefer St
He a
tlea
St
Jack
s on
Ave
Cam
pbel
l Ave
Glen D
r
Cla
rk D
r
Vern
on D
r
Vernon Dr
McLean D
rClark D
r
S tewart St
Malkin Ave
Haw
s A
v e
THE MERCHANTS BANK E Hastings St
Powell St
Water St
Blood Alley
W Cordova St
W Hastings St
E Pender St
Keefer St
W Pender St
Car
rall S
t
Abbott
St
Cambi
e St
Hamilt
on StHom
er St
Cam
bie
St
Beat
ty St
Colu
mbia
St
Alexander St
Mai
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t
Gore
Ave
RESTAURANTS & BARS
1. Calabash Bistro2. PiDGiN Restaurant3. Nicli Antica Pizzeria4. Rodney’s Oyster House5. The Diamond6. Six Acres7. Bauhaus Restaurant8. LOCAL Gastown9. L’Abattoir10. Coquille Fine Seafood
11. The Coffee Bar12. Milano Espresso Lounge13. Di Beppe Caffé14. Starbucks15. Caveman Café16. Gringo17. Nelson the Seagull18. Jam Café19. Save-On-Meats20. Tacofino
21. Andy Livingstone Park22. Dr. Sun Yat-Sen Classical Chinese Garden23. Rennie Museum24. Chinese Cultural Centre Museum25. Victory Square26. Rogers Arena27. Crosstown Elementary School28. Rickshaw Theatre29. Stadium-Chinatown SkyTrain Station30. Queen Elizabeth Theatre
CAFÉS SERVICES | ART & CULTURE
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RETAILERS
31. LuluLemon32. Roden Gray33. LightForm34. COS by H&M35. Fendi Casa36. Versace Home37. Herschel Supply Co.38. Inform Interiors39. Kit and Ace40. HiFi Centre
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The story of Millennium and its principals Peter and Shahram Malek is inextricably linked to that of Canada and British Columbia, a country and province on the leading edge of design, sustainability and quality of life.
Millennium is one of Canada’s most diverse real estate firms with an expansive portfolio of world-class luxury residential, hospitality and commercial projects, and award-winning master-planned communities. With decades of experience, a multidisciplinary approach, and Millennium’s in-house team of specialized professionals focused on acquisitions, financing, design, development, and management, Millennium continues to
bring to life timeless architecture.
Millennium is part of a larger group of companies that has developed properties in Europe including East Side at Marne La Vallèe, Bellevue Park, Bussy St. Georges, and Regent Park just outside of Paris, France.
Corbel Commercial Estate Services is a boutique commercial real estate brokerage specializing in Vancouver’s Yaletown, Gastown and peripheral Downtown Vancouver markets. The firm specializes in the leasing and sales of retail, office and industrial properties.
Corbel believes in pro-active marketing efforts and is constantly find ways of improving their business and marketing systems to better serve their clients and ensure they are well-positioned in the marketplace.
THE TEAM
MILLENNIUM DEVELOPMENT GROUP
CORBEL COMMERCIAL INC.
MARC SAUL*
[email protected] x 222
*Personal Real Estate Corporation
WILLOW [email protected]
604.609.0882 x 221
ROBERT [email protected]
604.609.0882 x 223
CORBEL COMMERCIAL REAL ESTATE SERVICES632 Citadel Parade, Vancouver, BC, V6B 1X3
T:604.609.0882 www.corbelcommercial.com F:604.609.0886
E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
THE MERCHANTS BANK
