1111-1177 W Hastings
Office.
KaidCo led a repositioning strategy of two iconic office
towers to reimagine an entire city block as a contemporary hub of work, hospitality, wellness & community. Anchored by a ten-phase masterplan, the project results in an elevated tenant experience & unlocks long-term asset value.
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SCOPE
an integrated
approach.
Our scope spanned the full lifecycle of pre-development & masterplan repositioning strategy development.
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Market & Feasibility - market analysis, project positioning, & financial modelling.
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Creative Strategy - development, design, brand & operating concepts & development, leading each respective team in a unified vision.
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Execution - design management, product & operations development, operator/tenant curation, labour modelling, leasing & marketing strategy.
This holistic methodology ensured that both commercial & community needs were addressed, project integrity was consistent across consultants & each phase of development, resulting in assets that are relevant, resilient, & future ready.
PHASE ONE DELIVERY
a ten-phased approach,
responding to the market
& project economics.
The first phase, focused on 1177 W Hastings, aimed to introduce:
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A shared work & business lounge
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Cafe & bar concepts
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Flexible event & meeting spaces
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A hotel-inspired lobby & upgraded arrival experience at street level.
Prior to phase one, pre-development work included a net zero carbon retrofit & leading the leasing team in a future focused narrative.
Pre-completion results already show measurable returns: a 30% increase in occupancy, stronger rents, and delivery of North America's first Net Zero Carbon Certification of its era under the clients stewardship, all with a five-year ROI.
Sustainability.
1177 is a case study in repositioning an iconic office
tower, to deliver lasting value. Transforming a 1960s asset into a sustainable building & operation that sets a new benchmark for performance & what is possible for older asset & the cost of green conversions.
sustainability case study
the challenge.
The built environment contributes to more than 40% of global greenhouse gas emissions. KaidCo embraces the responsibility to transform underperforming assets into sustainable, high-performing destinations.
the solution.
Under the stewardship of Golden Properties, a rigorous retrofit program that enhanced energy systems, building resources, & operational performance was undertaken. These interventions delivered:
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Net Zero Carbon Certification
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Energy Star, BOMA Platinum, & LEED Certifications
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International recognition by the New York State Building Energy Exchange as a 'role model' for sustainable retrofits
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80%+ reduction in emissions & waste.
- 5-year ROI.
the impact.
1177 W Hastings now serves as proof that older buildings can be repositioned for both lasting economic value & environmental integrity. With the next phase of masterplan work & operational development, KaidCo is expanding on this precedent to demonstrate how office & hospitality assets can remain relevant, sustainable, & community-driven in a rapidly evolving market.
