Coal Harbour - a sophisticated neighbourhood set in the heart of Vancouver - offers a subtle and distinctive blend of mountain vistas and urban life. This Triple AAA location is ground zero for PortLiving's new elegant collection of private homes, carefully assembled within an architectural masterpiece: Terrace House.
To be built mostly from local timber (Douglas Fir from a sustainable forest in the Kootenays, to be exact), concrete, and meticulously engineered glass, the 19-storey Terrace House will have the highest starting price for a single unit ever seen in Vancouver.
How much for the cheapest suite, you ask? $3Million!
A little eye-brow raising to be sure, but the new development - toted as a pinnacle of modern development that will stand among some of the greatest residential buildings in the world - will be built by Pritzker Prize-winning Japanese architect, Shigeru Ban. Excitingly, it will set the new record for the tallest hybrid timber structure in the world.
With the average 2,200 square foot unit estimated to sell for $5.5Million, this tony address will soon become home to Vancouver's elite and the international jet set!
However, to put this in perspective, the most expensive condo in Vancouver is a penthouse perch (also in Coal Harbour) for $58.8Million, and even the more modest penthouse atop the Shangri-La was sold for $15Million last year. Moreover, Vancouver is currently home to 7 of the 10 most expensive neighbourhoods in the country (Century21), some with real estate that averages at a whopping $1,201 per square foot!
In that light, The Terrace House seems more affordably-priced, doesn't it? Well... maybe "more affordable" isn't the right term. "Less outrageous," perhaps.
Regardless, these innovative units are going to be a signature piece of landmark real estate! Take a look at these interior renderings of the hotly anticipated residential development that were leaked this week:
According to the developers, the primary goal of the project is to make a statement of intent concerning vancouver’s commitment to sustainable design and advanced timber engineering and construction. "We have brought together the best of the best — a team of true experts in creative collaboration, working together for the first time ever on a single project. the result is truly a once-in-a-lifetime project setting new standards in design and construction,’ says Macario (Tobi) Reyes, founder and CEO of PortLiving. (DesignBoom)
“Terrace House has been thoughtfully executed and planned, drawing on Shigeru Ban’s iconic design codes to ensure that each of the 20 homes are individual works of art,” said Reyes. “The residences each have a full suite of smart home technologies, museum-quality glazing that helps to control temperature and provides UV protection for art collections, and fully-integrated air conditioning and heating systems paired with in-floor radiant heating and cooling that extend onto enclosed balconies, creating comfort and maximizing use of indoor/outdoor living spaces all year-round.” (REW.ca).
Read the transcript of an interview with Reyes and architectural consultant Bill Jackson at TheCultureTrip.com
(*Swoon* An open air tub!!)
Each of the 20 luxury homes is designed to make the most of Vancouver’s iconic city skyline, mountains and inlet. They feature floor-to-ceiling windows, glass sliding doors, and expansive terraces from which residents can drink in views of the city and mountains. Further finishes will include a neutral palette, as well as custom door handles, cabinet pulls, and millwork all designed by Ban.
"The kitchens will be furnished with polished chrome and stainless-steel fittings, and white wall-storage cabinets. A marble-topped central island will feature an inlet for stools, accompanying a wooden table and chairs for more formal dining. Bathrooms will be all-white, while bedrooms will feature millwork, walk-in wardrobes and spa-inspired en-suite bathrooms." The living rooms will have sliding glass doors to the terraces where lights will be hidden under the draped foliage; all outdoor spaces adjoining the open-plan living, kitchen and dining room will have flooring that matches the white oak inside. (Dezeen)
If you want to do some more exploring of this stunning building (which we reccommend), head over to the official website.
"A collaboration of global perspective, local expertise, and intelligent visionary design, Terrace House represents worldly exclusivity, and luxury urban living!"
Want to see something neat? Here's a little bonus time lapse video of the CURRENT record holder for the tallest timber structure, Brock Commons. The one-year old building will be eclipsed by Terrace House, which is being built in the same neighbourhood:
For more on timber structures, check out these other Houseporn posts:
Posted by Steve Fudge, the purveyor of Houseporn.ca and the proprietor of Urbaneer, a division of Bosley Real Estate Ltd., Brokerage, in Toronto, Ontario
*All photos are courtesy of Terrace House, PortLiving, and Shigeru Ban Architects.