Vancouver’s first creative-industrial-zoned project is receiving strong interest from prospective tenants.

Strand Development’s Three Sixty project is the first one being built under Vancouver’s new I-1C zoning category, which permits high-density light industrial and office uses.

“Ever since the launch of the building, we have been experiencing a tremendous amount of demand,” Avison Young Principal Glenn Gardner, whose firm is leasing the property, told Connect.

Located at 360 West Second Avenue, the nine-storey development is slated to be nine storeys high and delivered in 2025.

“We are in the beginning stages of discussions with a variety of different tenants in a variety of different industries – animation, AI, technology, biotechnology, software development, as well as more traditional users such as professional services,” said Gardner.

The higher density allowance in Mount Pleasant will ensure that developers can continue to meet demand that the market is experiencing now and in the future, he added.