One other thought on this..... Who proposes so much office space these days? Don't we have something like 30 million square feet of vacant space downtown? We are literally subsidizing office buidling owners to take away office space from our downtown core and turn them into something else. This DP contains hundreds of thousands of square feet of new office. Seems strange.
The only thing I can think of is some sort stretch play for those larger, single floor-plate office plans that are popular with tech firms and are starting to be built in Vancouver and Toronto. I can't imagine that's enough incentive to overcome cheap, empty offices in every direction for blocks but who knows? Perhaps our newer, higher quality offices have a a lower vacancy that makes these guys think this amount of space is justified. Or the larger floorplate is just so much more attractive they really think it's worth building?
Overall it's a bit confusing of a development from the elevations, would probably need to see some renders to understand how this all fits together.
First impressions are huge density in the right location - I think the cut-through courtyard could be a neat application if done right. I do like how the office lobbies are in the alley which would pull any pedestrian traffic into the alleyway. Combined with the retail wrapped around all the corridors, could work to create a pretty interested integration between 7th and Stephen. From what I can tell, it appears they are preserving the Stephen Ave side, but just renovating a structure or two to allow for outdoor circulation through the main floor.
Very concerning the comment about the Clarence Block "existing storefront to be dismantled" on Stephen Ave. Sounds like they would take it down and put back up the facade when the alley is complete. We've seen this promise before and have a few nice heritage buildings sitting in storage as a result. I would prefer reusing the existing building as-is, but am okay with it as proposed - as long as they actually follow through.
Problems are all on the 7th Avenue side. Looks like they declared the buildings along it are not worth saving which is disappointing. Even if it was true, they clearly declared 7th Avenue as back-of-house - grey metal and glass, 12 stories high for almost a full block, no attempt to do something even faux-heritage or with bricks. Yikes.
Will hold final judgement for an actual rendering, but the off-Stephen Ave courtyard + ~1,000 units of residential/hotel are a big deal.