Sold $507,000 SOLD - Condominium
JUST PURCHASED UNDER ASKING PRICE! I just got my clients this beautiful STUDIO WITH PARKING at the Qube in Coal Harbour. In a market with so much demand, timing couldn’t be better with this purchase. Great building, great unit, and perfect for my client!
History on The Qube Building:
The appearance of a cube on a pedestal is what inspired the buildings new name, “QUBE” upon redevelopment.
The Qube won the Design in Steel Award from the American Iron and Steel Institute in 1971 for its modern classic and unique design. It was originally the corporate office for Westcoast Transmission Company when it was built in 1969. When Westcoast Transmission was sold to Duke Energy, the building became the head office for Duke Energy from 2000 – 2004.
Anthem Properties bought the building in 1998 confident they had a great building with a major blue-chip tenant. Restructuring of Duke Energy had Anthem at a crossroads with its tenancy in 2004 and they decided to redevelop the building as an upscale Coal Harbour residential tower. Market research showed that the location was out of the main business and financial district yet right in the middle of the emerging Coal Harbour neighbourhood.
There are only half a dozen buildings around the world designed like the Qube and with the redevelopment by Anthem, the conversion will keep this building vital and modern.
Architects William Rhone and Randle Iredale and structural engineer Bogue Babicki were the minds responsible for the unique expression of the original structure now known as the Qube. A concrete core was built first with steel hung from cables at the top. Floors hang from aluminum-clad steel cables. There are no columns in the floor space and the design creates a building resistant to earthquakes. The floors in the building were built from the top down and since the building is resting on a pedestal, the residences start on the fourth floor.
MCMP the architects in charge of the redevelopment upgraded the strength of the original core with modern day carbon fibre materials. The exterior upgrades included refacing and provision of opening windows.