This project was announced in December 2021. Developer is on a fast track with the intent to start construction in Q3-2022. This project is designed as a 14 story, 268 unit tower on Block 21 at the Waterfront. Block 21 has the highest allowable height under the guidelines listed by the FAA and this building intends to take advantage of that. The structure will be the tallest on the waterfront thus far with drawings showing a height of 156.75 feet. That will make it the 3rd tallest occupied building in Vancouver behind 805 Broadway @ 165 feet and Smith Tower @ 158 feet.
Although Modera is planned as a luxury building, it will have some affordable units in exchange for tax breaks under the MFTE program. Completion of this project would typically take 18-24 months, I’d say add 6 months due to the supply chain issues of late. I should have some better renders shortly.