Located at the corner of Drake and Richards, construction of the second phase of the Grace Residences is now well underway, with approximately 10 floors of the eventual 27 storeys (300 feet) already completed.
Once it's finally finished in early 2006, there will be 52 apartment units in the main tower, joining the 19 units already built as part of phase one.
From the building's design to the quality of its construction, it's definitely a first rate operation, with some people already suggesting that the Grace will quickly become a landmark building.
Besides the slick slide show on the developer's site, Dream House magazine has some photos of the phase I penthouse interior for those who want to gawk at the indoor pool and winding staircase (link to pdf).
The developer, James Schouw, can also take credit for the Iliad on Homer, and there's speculation in a recent article from the Yaletown View that he'll build a third building in the neighborhood.
Some other cool features of the building: biometric access control, geothermal heating, gargoyles.

