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Originally Posted by officedweller
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That's the 'Festival Market' that was originally going to be Vancouver's equivalent to Fisherman's Wharf in San Francisco. The plans were advanced enough that there's actually a staircase in
Gaslight Square, the 1974 building on Water Street, that would have been one of the pedestrian bridges over the tracks to the waterfront buildings, that look quite a bit like Lonsdale Quay in that illustration.
If my understanding of the history is correct, the whole project was dropped, apparently quite suddenly, when the Federal Minister from Vancouver, Ron Basford, decided he wanted the market to be built at Granville Island instead.