FOR IMMEDIATE RELEASE
January 29th, 2020

‘THE HIVE’ TO TRANSFORM DOWNTOWN KAMLOOPS

Kamloops, BC – The downtown core of Kamloops will soon be transformed for the first time since 2007 by local developers A&T Project Developments Inc. and Invictus Properties Inc. The development group is proud to announce their plans for “THE HIVE KAMLOOPS”, a new real estate development that will become the premier business district of downtown Kamloops. Spanning between 5th and 6th Avenues alongside Lansdowne Street, the vision for this master planned development is to transform the area into a blend of premium office and retail space that will enrich our downtown core with a vibrant energy, attracting the best and brightest business leaders to Kamloops.

“The Hive development marks a new chapter for our City and will continue the revitalization of downtown Kamloops. The building and vision for the site will create new business opportunities for companies based in and out of Kamloops, showcasing the quality of life we enjoy in our City.” – Mayor Ken Christian

The first phase of THE HIVE KAMLOOPS will be located on the corner of 5th Avenue and Lansdowne Street, and be Kamloops’ first premium office building. The new building has been carefully designed reflecting the needs of the local business community with private balconies, large windows for ample natural light and modern building systems to improve productivity. The building will be 5 storeys, 45,000 square feet of office and retail space and include two levels of secure, underground parking. With a blend of contemporary and innovative office/retail space, the building will target progressive organizations who value sustainability, collaborative spaces and convenient amenities. As THE HIVE KAMLOOPS vision is fully realized, it will address the City’s goals for a vibrant downtown with spaces designed to meet the needs of the community. The transformation of this city block will begin immediately with construction targeting a spring start.

“Investment in new office space in the downtown core has not occurred in more than a decade; today that changed with the announcement of The Hive. This new office construction will continue the redevelopment of the downtown core and help to diversify our economy. The Hive has the opportunity to create hundreds of new jobs in the downtown core and will keep our downtown vibrant. The recent changes to the revitalization tax exemption bylaws approved by Council contributed to the decision to move the vision for The Hive from a yellow light to a green light. I believe this announcement is just the beginning and I look forward to many more new commercial developments in the downtown and the north shore in the coming years.” – Councillor Mike O’Reilly

KAMLOOPS’ URBAN SYSTEMS LEADING THE WAY

Urban Systems head office to anchor phase one. Founded in Kamloops in 1975, Urban Systems is recognized as one of the Best Workplaces in Canada. A progressive company, Urban Systems’ future workspace will be two floors of custom-designed office at THE HIVE and will give them a state of the art space to service their clients’ needs well into the future.

“All of us at Urban Systems – Kamloops are proud and grateful to be part of creating this new space in our downtown. We are excited to continue our work of helping to build vibrant communities. Working for 44 years in our spirited hometown, we have seen our community grow and thrive and are looking forward to experiencing this next chapter. We are thankful to the City of Kamloops for their commitment to the redevelopment of the downtown core.” – Thérèse Zulinick, Principal, Urban Systems

THE HIVE promises to be a preferred location for organizations wanting high quality space to take their business forward and meet their future needs. This unique development will be located within steps of the recently renovated Delta Kamloops Hotel and CentrePoint, the downtown’s premier meeting facility, with many of Kamloops best culinary, entertainment, arts and recreation amenities within steps of this prime location.

LOCATION

“A&T and Invictus are excited to present The Hive Kamloops and to play our part in enhancing the vibrancy of downtown Kamloops. A project like this doesn’t happen without community support and we thank the City for their leadership and the Downtown and North Shore BIAs for their support in making this new building a reality.” – Bryan Pilbeam, Vice-President, Invictus Properties

MEDIA, SALES & LEASING ENQUIRIES

The HIVE KAMLOOPS has been designed by Vancouver based architects Musson Cattell Mackey Partnership (MCM) who have designed more than 400 notable developments within Canada and the US. The estimated completion of building 1 is fall 2021. For enquiries, please contact:

Media Enquiries:

Bryan Pilbeam | Vice President, Invictus Properties Inc. | bryan@invictusproperties.com | 778.257.5757

Sales Enquiries:

Gary Reed | VP Sales & Marketing /Partner A&T Project Developments Inc. | gary@aandt.ca | 250.299.4244

Leasing Enquiries:

Tristan Armstrong | President, Invictus Properties Inc. | tristan@invictusproperties.com | 416.574.9311

Access to High Resolution Renderings:

https://www.dropbox.com/sh/4xl2pxr69enl2uj/AAC0XUxczk3opEG_N-iu6uuAa?dl=0

For more information, please visit www.thehivekamloops.com

DEVELOPMENT TEAM

A&T Project Developments Inc.

Based in Kamloops, A&T has developed residential and commercial projects across the interior of BC since 1992 winning local, regional and provincial awards recognizing their excellence in design, construction and customer service.

www.aandt.ca

Invictus Properties Inc.

IPI has invested in downtown Kamloops since 2004 (formerly known as National Hospitality Group Inc.). This has included the Delta Kamloops, CentrePoint and 402 Victoria with a focus on best in class customer service and community leadership.

www.invictusproperties.com

Musson Cattell Mackey Partnership

MCM is a full service architectural and interior design practice based in downtown Vancouver with 50+ years of experience and projects across North America.

www.mcmparchitects.com