Nothing ties a home together quite like a captivating piece of art, and the same could be said for new real estate developments. That’s why so many cities across Canada have mandatory public art programs in place.
While the specifics of the programs vary from city to city, they are all intended to encourage developers to give back to the communities in which they do business (if not with art then with another public benefit like affordable housing or a community centre).
The City of Vancouver’s program requires that $1.81 per square foot on projects 100,000-square-feet or greater go toward a public art project. In Toronto, a percentage of construction costs for buildings over a certain size also go into art. Calgary has a density bonus program, where downtown developers can add square footage to the cities’ floor area restrictions in exchange for erecting a public art installation.
Many savvy real estate developers have embraced these mandatory programs as an opportunity to have their properties standout.
This story highlights a few of those examples from across the country, but we’d also like to ask you, dear readers, what your favourite real estate art pieces are. Let us know in the comment section below or on Twitter and we’ll update this post with your suggestions.
While not associated with one particular development, “The Birds” at Vancouver’s Olympic Village keep watch over hundreds of False Creek condo owners.
Michael Awad and David Rokeby’s light collaboration is on display at Menkes‘ Telus Building at 25 York Street in Toronto.
Stan Douglas’s photo mural at the redeveloped Woodward’s building in Vancouver depicts the so-called “Gastown Riot” of 1971.
And in Festival Tower‘s lobby is Peter Powning’s “The Fantasm.”
“Wonderland” is a 12-metre wire portrait of a young girl at The Bow‘s main plaza in Calgary.
A colouful strip of lights runs up the side of Reliance Properties‘ West Pender Place in downtown Vancouver.
While not part of any new real estate development, “Everything Is Going To Be Alright” is a Vancouver favourite owned by Bob Rennie of Rennie Marketing.