Vancouver, BC, April 7, 2025 – Wesbild has just completed its second and final building at Marine Landing, Western Canada’s largest twin stacked industrial strata at Marine Drive and Manitoba in South Vancouver. Starting this month, 140 businesses will be moving in, adding to the 100+ business community in the first building.
Marine Landing has been popular with medical, dental, legal, accounting, among others, as new zoning has allowed for expanded office uses in the traditionally industrial area. With limited industrial land in the region and limited industrial and office strata options, Marine Landing’s second building has seen 42 units sold to 38 buyers, out of 118 units. Over both buildings, 40% of all office and 63% of industrial has been sold.
“We are seeing some exciting sales activity despite a soft market,” says Wesbild Senior VP, Lilian Arishenkoff. “What buyers have told us is that Marine Landing is appealing because the buildings are complete and ready to go. And our location – near the Skytrain, airport, downtown and Highway 99 – sets us apart. Instead of being in a remote industrial park, employees are part of a community in a busy, vibrant, up and coming area. Add to that decreasing interest rates and the math to own makes more sense.”
Christopher Gowing, Principal at MGBA (Mallen Gowing Berzins Architecture), is the architect for the overall development and was excited by the opportunity for his company to secure an 8,000 square foot space for their architecture and interior design practice. They will soon be moving from their ten year lease in Mount Pleasant to Marine Landing. “We are excited to move into an area that is just starting to develop,” he said. “Marine Landing was a great opportunity to get into an ownership position in a neighborhood that is about to go through the same process that we have seen evolve in Mount Pleasant over the last decade. Mount Pleasant has transformed from a relatively low density industrial area into a richer and more varied creative community. It’s a place where everyone wants to be, and we are anticipating the same for Marine Landing and the surrounding area.”
Gowing says the new space allows MGBA to be part of this quickly transforming area, with several of the consultants his firm works with also moving into the development. “It’s fast becoming a community of like-minded and integrated businesses. There’s a lot of advantage in that.”
Jonathan Wong, who owns Marine Landing Notary Public, just purchased over 1,000 square feet in Building B. “I’m currently renting, but have always wanted to own,” he said. “It was a business decision because the project is well-priced, and I will now be paying just a little more than rent would be. Not having the threat of eviction and having the space to expand my business is a good thing.”
The buildings, at 8188 and 8250 Manitoba Street, will add a total of 242 light industrial and office strata units of flexible strata workspaces, ranging from 600 to 20,000 square feet, with the lower four levels of each building hosting light industrial, and the top two levels built for office use. Office space prices start at $589,900 and industrial space prices start at $519,000.
Both buildings are 170,000 square feet, with floorplans from 616 to 20,000 square feet. Industrial units will benefit from large freight elevators, eight foot wide walkways, roll-up garage doors, and a full level of underground parking. For the variety of owners and users, there are first-class amenities including a rooftop deck, barbecue area, grass landscaping, a dog park, and recreation and social space. The buildings also feature a fitness centre, end of trip facilities for cyclists, change rooms, and multiple amenity rooms. For more information about Marine Landing: www.marinelanding.ca
Media Contact:
Cori Howard Communications cori@corihowardcommunications.com
778-987-1345
About Wesbild:
Wesbild is a Vancouver-based developer with 40+ years of expertise in master-planned residential resort communities and commercial and industrial developments across Western Canada. Since 1981, they have successfully developed real estate projects throughout Metro Vancouver and the Okanagan, including Predator Ridge. They are currently active in land development on Burke Mountain, adding a collection of townhomes in Coquitlam and building Canada’s largest stacked industrial strata development, Marine Landing, in South Vancouver. The company has developed, or is developing, more than 3,800 acres, with close to 8,000 homes built to date. Their portfolio also includes Westwood Plateau, 1,410 acres in Coquitlam with over 4,500 homes, ranging from townhomes to estates and completed in 2005. For more information: www.wesbild.com
