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Rodney Graham’s public art installation, a monumental 14 by 21-foot crystal chandelier transforms the vast cathedral-like space underneath the Granville Street Bridge. Spinning Chandelier will activate at 12pm, 4pm and 9pm local time each day, illuminating, descending and spinning for four minutes, before ascending, back to its starting point. A major public art installation for Vancouver, Spinning Chandelier forms an urban landmark and civic moment, turning a dark under-bridge into a focus of public celebration.

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The world is becoming ever more connected with each passing day, and while smart devices within smart homes are popular, they are far from ubiquitous.

Technology

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House Concepts offers a complete fitness and wellness experience, with a variety of group classes, an open gym, wellness amenities, a smoothie bar and retail experience by House iD.

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We were never going to be able to keep Vancouver a secret. The setting alone is too spectacular: the ocean, the mountains, the verdant forests and, arguably, the best climate in Canada. Vancouver is the quintessential safe harbour, physically and politically – its government stable, its people welcoming and law-abiding. Yet, as late as the 1980s, the city remained an uninspiring – and undiscovered – provincial capital. Even the great Vancouver-born architect Arthur Erickson complained, then, that it was an ugly city in a beautiful place.

No longer. Today, Vancouver ranks in the top five on every list of the world’s most livable cities, with a reputation for planning and design so strong that it has spawned its own architectural phenomenon: Vancouverism. The once- utilitarian resource-based community is now a modern, high- tech pacific focal point. It claims Canada’s fastest-growing technology sector, with its start-up ecosystem ranked the 15th best in the world, generating over $26 billion in revenue annually. The technology and creative sector now employs more people in Vancouver, and in British Columbia, than the traditional industries of forestry, mining, and oil and gas – combined.

Vancouver is also among the world’s most welcoming cities: it is the fourth-most cosmopolitan, with more than 45 percent of its residents foreign-born, a tally exceeded only by London, Sydney and Toronto; and it is Canada’s principal link to Asia Pacific.

Vancouver’s exquisite natural beauty remains such an obvious draw that the city’s global status is sometimes dismissed as an accident of geography, but there is no question that some of Vancouver’s current success is rooted in more than a century of good decision-making. As early as 1886 – the year Vancouver was incorporated – City Council petitioned the Government of Canada for permission to lease and protect what is now Stanley Park, still a green treasure in the city centre. Early city politicians and administrators also commissioned the seawall (which now extends over 30 kilometres of urban waterfront), preserving a connection to the ocean unlike that in any other major city in the world. The city and region also turned back freeway proposals in the 1970s, preventing the destruction of residential communities in their path and creating the potential for the walkable, livable city centre for which the city has become so famous. The government has also supported the development of an education system that, at every level, stands among the best in the world – including, at the highest level, the University of British Columbia, which is regularly acknowledged as one of the world’s premier public research universities (a factor contributing to Vancouver’s strength as a technology and biotechnology leader).

Yet, the real emergence of Vancouver as a global city can be traced, at least in part, to the last World’s Fair ever held in North America – Expo 86. That fair provided the impetus for building Metro Vancouver’s first rail rapid transit system, the SkyTrain. It also launched the city onto the international stage.

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## The Convergence of Location and Quality

It’s a mistake to treat real estate as a commodity. If you buy property by the square foot, you can always get something cheaper, something farther away – something weighed, as it were, by the pound. The value of that purchase will rise and fall with the market, sometimes rising a little faster in boom times, but usually falling a little further in a downturn.

In all economic circumstances, quality will float to the surface. In that calculation, location is undeniably important. The world’s highest-quality (and highest-value) real estate markets all share strengths in such broad factors as geography, climate, accessibility, prosperity, stability, and social and environmental livability. They tend to be in economic and cultural capitals.

## Examples of High-Value Cities & Examples of Highest-Value Properties

The highest value, however, attaches not just to properties in the best location, but those that are best in class. These are marked by extraordinary architecture often with unforgettable views, and are distinguished by an extremely high quality of execution. Even beyond the general quality of their location, they are also placed carefully in their immediate space – their interaction and by their very presence enriches their setting. Such buildings don’t just benefit their owners, residents, retailers and tenants, they improve entire neighbourhoods.

If you look to the world’s great cities, you only find a few such buildings in every market. These are the Triple A addresses, the places claimed by those with the most discerning tastes.

In Vancouver, there might be five such properties, four developed by Westbank and a fifth by QuadReal: respectively, they are the Fairmont Pacific Rim by James Cheng; Vancouver House by Bjarke Ingels; Alberni by Kengo Kuma; and most recently The Butterfly, by the late Bing Thom; all for Westbank; with The Post by QuadReal, an urban revitalization of the Canada Post facility.

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The Global City

Vancouver

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A building that  beautifully transitions from day to night with a digital art façade designed by Douglas Coupland.

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TELUS Sky - Public Art

The Residences at TELUS Sky will offer a comprehensive fitness facility on level 16 that will be accessible directly from the residential elevators. The offering will include top the line fitness equipment and a group fitness studio which will offer revolving dynamic programming.

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> Ranked the 5th most liveable city in the world by [The Economist Intelligence Unit](https://www.economist.com/blogs/graphicdetail/2016/08/daily-chart-14). Population density is low, quality of life is high and housing abundant.

## Green Space
Calgary is home to plenty of green space, which is popular throughout the year. Downtown, visitors and locals enjoy 20 public parks, many of which overlook the stunning Bow River. Over 50 parks throughout the Greater Calgary Area provide large spaces for fresh air, exercise, and relaxation.

## Attractions
Calgary is conveniently located a short distance from several world class ski resorts, many of which are also popular for summertime activities and year round sightseeing. Banff National Park averages over 3.3 million visitors a year, while Lake Louise, Sunshine, and many other mountains are popular among skiers and snowboarders. In the summer, the world famous Calgary Stampede provides a week of entertainment including a parade, rodeo, and midway fun.

## Transit
Calgary Transit has an annual ridership of over 107 million passengers annually. The LRT has seen recent expansion with a new Green Line currently under construction. TELUS Sky is conveniently located next to the 7th Avenue C-Train station.

## Population
Calgary boasts a vibrant and diverse population, being one of the youngest in Canada with a median age of 36. More than 28% of the city’s population are immigrants, and the city has proven popular with immigrants who have decided to relocate after arriving in Canada.

## Weather
Calgary is considered to be the sunniest major city in Canada, with the sun shining an average of 2,300 hours every year. Even winter months tend to experience a great deal of sun, while Chinook weather systems will pass through to provide a warm break during the colder season.

## Tech Economy
The Tech Economy has quickly grown in Calgary in recent years. Ranked in the top 5 most competitive tech talent markets in Canada, partnerships between the city, universities, and businesses have resulted in technology professionals being among the highest paid in the city, while the industry itself continues to see exponential annual growth.

## Food and Beverage Hub
While Alberta is famous for high quality beef, the Calgary food scene has burgeoned with diversity in recent years. Many craft breweries, including Big Rock, are based out of Calgary, and the SAIT culinary program has attracted skilled chef’s from around the world as teachers. Just steps from TELUS Sky, Stephen Ave boasts many bars and restaurants, from casual comfort to upscale cuisine.

The future of Calgary is downtown. TELUS Sky will be a new hub in the downtown core that will bring people together and an example of a new way to live and work in the city.

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Short Term Stays

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Neil Campbell

To enliven the streetscape of the Davie Street project, Westbank and Crombie REIT have commissioned Vancouver artist Neil Campbell to create a lighting installation for the building's Davie Street facade. The installation entitled, `Zephyr', will animate screens of state-of-the-art LEDs that have been designed to highlight the three-storey podium. Inspired by beautiful natural environment and the colours and light of the West End, Campbell's piece will act as a living canvas generating a colourful and rhythmic work with the aim of celebrating the neighbourhood's vibrant and enduring character.

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The Zephyr Cycle Club is an in-building bike sharing program which will provide a fleet of 20 custom designed electric bikes to resident members. The goal of the cycle club is to provide an electrified alternative to owning a car when living downtown. The Zephyr Cycle Club will provide a mobility solution that not only responds to the climate emergency and effectively removes cars from the road but it also provides a sense of community and wellness that is integral to every Westbank Living project.

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With Zephyr, we are attempting to create a community in the building that would also help strengthen the surrounding community in the West End. To achieve this, we are integrating spaces both public and private that will bring people together: the homes at Zephyr are above a new expanded Safeway that will be an important grocery store amenity for the neighbourhood. The project will bring new retail to the streetscape within Zephyr, an expansive terrace and indoor amenity space on the third level joins the project's two towers and featuring a fitness centre, yoga studio, a resident's library and study space, and indoor/outdoor lounge with a kitchen and TV area, a dog run and an outdoor children's play area are some of the amenities featured in the project.

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Blood Alley Music and Cultural venue will be a place where musicians, dancers, performers, artists, creatives and innovators of all kinds can contribute what they have to offer this city. We envision a space for much more than music. If there is a fundamental premise to Blood Alley, it would be to add new layers of culture and complexity to Vancouver.

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The project features murals by local artists including James Harry and Lauren Brevner as well as iconic Canadian author/artist Douglas Coupland.

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For complete living, Blood Alley offers complimentary WiFi and moving service, pet-friendly amenities, a fitness centre, a lobby & gathering place, a music & listening room amenity lounge, rooftop amenity terrace & lounge and the Westbank Cycle Club, a first of its kind electric bike share program. 

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The Kitchen & Retail

A vessel for Toronto's culture, expressed through music and food, The Kitchen includes: 14 Food Stalls, 2 Bars, A Private Event Space, Daily Live Music, Artist Driven Concerts, Seasonal Outdoor Music Festivals.. And more.

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Living at Mirvish Village, students enjoy convenient access to transit at Bloor & Bathurst Station as well as the amenities, dining and retail within the project. Contact our leasing team for student offers available. 

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Residents at Mirvish Village can access the rooftop pool and outdoor terrace year round, with a monthly membership fee.

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All residential buildings at Mirvish Village are pet friendly. The Pet Spa is located on P2 of 748 Bathurst for all residents usage. 

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An expansive new public park is integrated into Mirvish Village, offering residents and the community a serene, greenery-filled gathering space.

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> There are reasons that cities such as New York, London, Paris, and Singapore (and Toronto) routinely attract the best companies, the top talent, and the most investment dollars. Influential cities such as these possess the right mix of factors such as business activity, human capital, information exchange, political engagement, and cultural experiences that help organizations and people to thrive.
> *— 2018 Global Cities Report, ATKearny*

There are many ways to measure the qualities of a global city, and by every such metric, the city of Toronto earns its way onto the list. In fact, when the global consultancy ATKearney looks at both its lists – the first, an Index of cities that are currently doing well, and the second, an Outlook identifying those cities showing the most promise – it comes up with a super list of “Elite Cities,” among which Toronto stands fourth in North America. Of course, such lists always include places you where would rather visit than live. But Toronto, also makes the top 10 in virtually every global list for those cities with the highest quality of life, as judged on factors such as stability, healthcare, culture, environment, education and infrastructure.

With 2.8 million people, Toronto is the largest city in Canada and one of the 5 most multicultural cities in the world. It is Canada’s business and finance centre, as well as its cultural capital. It’s a national and international centre for live music, theatre and the performing arts and for the amount of excellent television and movie work executed in the city.

It’s also in the top 10 of the World Economic Forum’s list of the leading high-tech cities in the world, with an innovation culture that is supported by one of the most advanced and accomplished systems for education and research. The University of Toronto,
for example, consistently ranks among the world’s top 20 research institutions.

Thanks, in part, to its diverse population, Toronto’s food and restaurant culture is unmatched; Vogue magazine has declared it a must-visit food destination. The same level diversity means that Toronto neighbourhoods are richly varied, with cultural communities all existing in a mosaic, rather than a melting pot. Finally, Toronto is one of the safest cities in North America; Statistics Canada has reported that it’s even among the safest in Canada!

## A Great Global City; A Great Local City

It’s a mistake to treat real estate as a commodity. If you buy property by the square foot, you can always get something cheaper, something farther away – something weighed, as it were, by the pound. But the value of that purchase will rise and fall with the market, sometimes rising a little faster in boom times, but usually falling a little farther when things turn bad.

In every economic circumstances, quality will float to the surface. In that calculation,
location is undeniably important. The world’s highest-quality (and highest-value) real estate markets all share strengths in such broad factors as geography, climate, accessibility, prosperity, stability, and social and environmental livability. They tend to be in economic and cultural capitals.

The highest value, however, attaches not just to properties in the best location, but those that are best in class. These are marked by optimal location and extraordinary architecture, and are distinguished by extremely high quality of execution. Even beyond the general quality of their location, they are also placed carefully in their immediate space – by their interaction and by the very presence enriching their setting. Such buildings don’t just benefit their owners, residents, retailers and tenants, they make their neighbourhoods and their whole cities better.

If you look in the cities where Westbank practices, you will find that Westbank’s buildings consistently emerge as some of the highest-value properties. In Vancouver, for example, the four leading properties are all Westbank creations, including: the Fairmont Pacific Rim by James Cheng; Vancouver House by Bjarke Ingels; Alberni by Kengo Kuma; and most recently The Butterfly by the late Bing Thom. In Toronto, the list would surely include the Shangri-la, by James Cheng.

In that context, there is no question that King will make its neighbourhood, and this city, better. There is no doubt that this will stand as one of the most enviable residential addresses in Toronto and around the globe.

## Our interest in Toronto

Our Toronto adventure began with the Shangri-La Hotel and Residences with related projects including Soho House and Momofuku restaurant with our frequent partners
Ben Yeung of Peterson Group and Avtar Bains. When combined with our next three developments, Westbank’s reputation in Toronto will be well established.
Shangri-La Toronto, our first foray into the Toronto market, is a 705-foot tower featuring a 202 room Shangri-La Hotel and 395 luxury residential condominiums, located on University Avenue, Toronto’s ceremonial avenue.

On the border between the entertainment and financial districts, these homes enjoy
the convenience and vibrancy of urban living with the services of the 5-star Shangri-La Hotel, which was chosen in 2014 by Wallpaper Magazine as the top Urban Hotel in the world. The project offers owners and hotel guests a host of amenities including a lap pool with hot tub, sauna and steam room, a spa, fitness centre, function spaces and specialty restaurants, one of which is Momofuku, a three-storey and tri-concept restaurant by lauded New York chef, David Chang.


The 67-storey tower has a folding façade that recognizes the ceremonial nature of University Avenue while elegantly articulating the various uses within the building.
The tower is anchored on both ends by three- storey glass cubes to showcase the specialty restaurant and event spaces.

Similar to the Pacific Rim, the original partners, Westbank and Peterson, continue to own
the hotel, with a long term goal of continual refinement and layering on of art and culture, in an effort to establish the hotel amongst the best urban hotels in the world.

## 19 Duncan/225 Adelaide

Just a block away from Shangri-La at the corner of Duncan and Adelaide is a combination of a rental residential tower on top of a heritage office building. 19 Duncan is another project which continues to strengthen our relationship with Allied, whose property portfolio is anchored in the surrounding blocks. Allied was the first to recognize the emerging creative and digital economies and how their preferences for office space and location are much different than other sectors of the economy - they are a visionary who are also turning out to be a fantastic partner. That vision has proven instrumental in helping us convince Thomson Reuters, one of Canada’s strongest global brands, to lease all of the office space in 19 Duncan, as the location of their new Global Innovation Hub. At the end of the day, we were able to draw Thomson Reuters through the quality of our architecture and our interesting location. An area just outside the financial core, surrounded by amenities and an authentic, vibrant neighbourhood, is exactly what their young educated workforce is looking for.

## Mirvish Village 

Mirvish Village is our third project in Toronto at Bloor and Bathurst where, along with our partner, Peterson Group, we bought Honest Ed’s discount department store from his son David Mirvish in 2014. We wound up with this 3.5 acres at one of Toronto’s most iconic corners, which is as much a responsibility as an opportunity. It is incumbent upon us to honour the historical connection that people have to this location. So, working with Henriquez Partners Architects, we resisted the typical large-scale Toronto development pattern in favour of a fine-grained retail and pedestrian experience more suited to the rhythm of Bloor Street. The project will mesh well with the neighbourhood and will cluster around a new public market.

Mirvish Village will also be a further opportunity for Creative Energy, our district energy utility, to demonstrate intelligent city building by looking beyond the building scale. The site will host the Mirvish Village Neighbourhood Energy System, a block- scale network that will provide reliable and renewable heating, cooling, and power. The initial emphasis of the system will be on using waste heat recovery from onsite power generation to feed all six new buildings in the project (including five towers) along with the 24 existing heritage buildings. The block-scale energy grid will be designed to be lower cost and more reliable than stand-alone systems. It will future-proof the capacity to adopt additional low carbon technologies, as well as expand to serve other buildings
as the adjacent Four Corners develops. Just as the development of this historic site is a responsibility to pay tribute to the past, so too is it a responsibility to ensure that the buildings, which will stand for generations to come, be designed in a way so as not to harm the climate. The flexibility that this system affords will enable climate friendly solutions for not just the entire developing block, but also the neighbouring community.

## KING Toronto

KING Toronto will be the realization of the combined vision of Westbank, Allied and BIG, a reimagining of the community-building potential of Moshe Safdie’s Habitat 67 and an updating on the glass-and -light innovations first exemplified in the Maison de Verre, in Paris. Bjarke Ingels’ concept for KING Toronto, suggesting a Mediterranean mountain town, will complement the surrounding context and neighbourhood.

Similar to Bing Thom’s design for the Westbank project at Broadway and Commercial in Vancouver, BIG’s design at Vancouver House, Gregory Henriquez’s design at Mirvish Village and his finished product in the Woodward’s development in Vancouver, KING Toronto is another example of how to use architecture to solve the challenges of urbanization. Density done effectively, as in these neighbourhoods, is the very medium through which a sense of community can emerge.

Global City

Toronto

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