Kip Café
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Food &
Beverage.
Kip was conceived as part of a masterplan repositioning strategy
to revitalize a downtown office tower. The offering was developed as an amenity-driven anchor—an artisan espresso bar & breakfast-lunch concept to activate the building’s ground floor, enhance the tenant experience, & redefine the property’s culture & economic performance.
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project overview
artisan F&B as a
catalyst for asset value
& tenant activation.
The café created a warm, community-focused hub at the base of the tower:
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Locally inspired menus featuring artisan coffee, breakfast, & lunch offerings.
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Tenant-first design, cultivating a sense of place & daily ritual for office users.
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Community activation through hospitality level engagement.
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Transform a transactional lobby into a tenant gathering space.
By introducing F&B as part of the tenant journey, Kip Café bridged the gap between workspace & lifestyle.
scope
KaidCo's role.
KaidCo led the café’s development as part of a larger repositioning strategy for the tower:
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Amenity Strategy & program design to activate underutilized ground-floor space.
- Business planning of various operational models for owner-operated F&B.
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Turnkey operating systems & labour modelling for go to market & GM hand off.
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Brand & product development to align with tenants & neighbourhood opportunities.
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Menu Concept Design & Development, recipe development, pricing & supply channels.
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Sustainability Innovation — launched a reusable cup subscription program, aligning with the building’s 80% waste reduction strategy & setting a new standard for sustainable coffee service in Vancouver.
performance & results.
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$1/sf rent uplift across the tower.
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4% cap rate improvement.
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100% recovery of build costs in the first year.
Kip Café proves how well-designed, community-focused amenities can create tenant loyalty & direct asset value.
case study
food & beverage
as an asset strategy.
Hospitality as the new driver of office value.
Kip Café demonstrates how artisan F&B can reposition commercial towers into lifestyle-driven destinations.
the challenge.
Commercial towers often rely on traditional leasing to activate ground floors, leaving lobbies underutilized & disconnected from tenant culture. With rising office vacancies & shifting tenant expectations, owners must find new ways to drive engagement, enhance value, & differentiate their properties.
the solution.
KaidCo introduced owner-operated F&B concepts as strategic amenities, beginning with Kip Café, then L15 for this masterplan repositioning. By curating a high-quality, hospitality experience, the café activates the tower’s base, increased tenant satisfaction, aligning sustainable practices with an industry-first reusable cup program & increasing $/sf
the impact.
Kip Café transforms an overlooked ground floor into a value & revenue generating hub: driving rent uplifts throughout the building, improving cap rates, delivering 3x net profit over a market lease rate & creating new long-term intrinsic asset value. The project establishes a repeatable model for amenity-driven repositioning & demand, proving that thoughtfully integrated F&B can outperform traditional leasing while elevating community & sustainability.
