Oxford Properties Group has formally opened The Stack, a Vancouver office property that is the first high-rise commercial tower in North America built to zero carbon standards.
The 37-story, 550,000-square-foot complex is also the first office tower to attain the Canada Green Building Council’s Zero Carbon Building – Design standard certification. The building’s on-site renewable energy is achieved through a rooftop photovoltaic solar panel array that will generate 26,000kWh of energy annually, and its design was created to minimize carbon emissions and energy intensity through low carbon building systems and a high-performance triple-pane glazing system.
James K.M. Cheng was the architect on The Stack, which is co-owned by Oxford and CPP Investments.
“The Stack is leading the real estate industry to new levels of sustainability and reflects Oxford’s commitment to integrating ESG best practices throughout our assets,” said Andrew O’Neil, vice president of development at Oxford Properties. “We’re incredibly proud to deliver a building that creates economic and social value for the city of Vancouver, and actively contributes to our partners and customers’ ESG goals. By being the first to achieve a zero carbon high rise office building, we can use the insights and learnings from this project across our portfolio and share best practices with the wider industry as we collectively tackle decarbonization as one of the most pressing issues of our times.”
In addition to its sustainability, The Stack includes a 5,000-square-foot fitness center, 250 bike parking stalls, a ground-level restaurant and a 6,000-square-foot rooftop terrace. Outside of the building is a landscaped park featuring a public art installation by Lawrence Paul Yuxweluptun.