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Amazon Leasing Offices in New Vancouver Tower Alongside Apple

Amazon.com Inc. signed a lease for short-term space in one of Vancouver’s most anticipated office towers.

Amazon Leasing Offices in New Vancouver Tower Alongside Apple
A pedestrian walks past the Amazon.com Inc. headquarters in the financial district of Toronto, Ontario, Canada (Photographer: Stephanie Foden/Bloomberg)

(Bloomberg) -- Amazon.com Inc. signed a lease for short-term space in one of Vancouver’s most anticipated office towers.

The e-commerce giant is renting about 119,000 square feet at 400 West Georgia. The deal gives Amazon room to grow and continue to hire in the city while its permanent offices at a former Canada Post mailing center across the street are being developed, a spokesperson for the company said.

Deloitte LLP and Apple Inc. also have committed to leases at 400 West Georgia, a 24-story project scheduled to be completed later this year by owners Westbank Corp. and Allied Properties REIT. Amazon is leasing its space from co-working firm IWG Plc.

In addition to the post office that’s being converted, Amazon has signed long-term leases at towers within walking distance: It plans to move into about 150,000 square feet of space at Oxford Properties Group Inc.’s 402 Dunsmuir St. later this year, and already occupies 156,000 square feet in the nearby Telus Garden building.

The deals amount to a mini-campus for Seattle-based Amazon, which announced plans to increase its corporate workforce in Vancouver fivefold -- to 5,000 -- by 2022. The company largely employs researchers and engineers in the city, who work for its international retail business and Amazon Web Services.

To contact the reporter on this story: Natalie Wong in New York at nwong133@bloomberg.net

To contact the editors responsible for this story: Craig Giammona at cgiammona@bloomberg.net, Christine Maurus

©2020 Bloomberg L.P.