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The Bay Parkade Redevelopment | 315, 271, 239m | 80, 69, 68fl | Proposed
This deserves its own thread, no?
https://images.dailyhive.com/20250508002...opment-501-595-west-georgia-street-6.jpg https://images.dailyhive.com/20250508002...opment-501-595-west-georgia-street-8.jpg https://images.dailyhive.com/20250508002...opment-501-595-west-georgia-street-4.jpg https://images.dailyhive.com/20250508002...opment-501-595-west-georgia-street-3.jpg https://dpdajlq3ew794.cloudfront.net/202...rgia-street-f.jpg?format=auto&width=2048 Downtown Vancouver's skyline soars with proposal for landmark towers up to 1,033 ft Kenneth Chan May 8 2025, 6:00 am Western Canada could see its very first “supertall” skyscraper, envisioned for the core of downtown Vancouver. Local developer Holborn Group has submitted a new formal rezoning application for a historically and economically significant redevelopment spanning two separate sites. The proposal features four mixed-use towers, including a transformative landmark project of three skyscrapers in the Central Business District on the city block with the Hudson’s Bay parkade and low-rise office buildings and the vacant lot of the former Dunsmuir Hotel SRO. A fourth tower — a major social housing project next to Woodward’s on the southernmost edge of Gastown — is being offered as a 100 per cent gift to the City of Vancouver. Article: https://dailyhive.com/vancouver/hudsons-bay-parkade-vancouver-redevelopment-holborn-group |
Oh my! If this proposal is approved, I'll be there on ground breaking day, shovel in hand and tears in my eyes.
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I expect that this is the Council most likely to approve this project. I think they'll get their rezoning, and market conditions will determine the rest. They may luck out on that front too. The condo market has been struggling and condo projects are few and far between. If there is a bounce back in a few years, there might not be much supply on the market. Wouldn't be a bad time to launch sales.
The City is going to be very strict with the rezoning conditions and legal agreements given the developer. |
From what I have heard this has been in works with a lot of city oversight, so this isn't yet another random fantasy project. It does have some grounding.
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Two new entrances to Granville station? Sign me up!
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Holborn's site
https://holborn.ca/portfolio/501-595-w-georgia-388-abbott/ The press release Quote:
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The ticketing hall for Granville Station is actually under Seymour Street, with the escalators aligned to the north under the Seymour St. RoW to Dunsmuir (the escalators are not under the Hudson's Bay building nor under Gotham or the St. Regis Hotel). So it really just a few feet of excavation to access the ticketing hall from the east. The Hudson's Bay part of the station is really just the retail concourse providing access to Granville St. and a stairwell off Seymour which circles back to the ticketing hall under Seymour St. A passage extending to the hotel or the Richards side would be the main benefit, but that's only mentioned as an elevator. There doesn't seem to be any elaborate underground mall under the project. ... and given the state of street life in downtown Vancouver, I'm surprised that the restaurants are largely plaza oriented and exposed to the street, rather than having retail at grade and restaurant patios only above grade and looking down to the street from secure terraces. There's a bit of a disjuncture between the forms on either side of the alley - it reminds me of how the two sides of Burrard Place (also across an alley) do not match. Here they have a ribbon on the pavement trying to unify the site, but it doesn't really work. |
Holi smokes!
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This is one of those projects that makes you do a double take to ensure it's not April Fool's.
Holborn has its many detractors but if they pull this off... wow. |
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If this passes, it would set a pretty big precedent for other very tall building proposals that intrude into the QE Park view cone. Maybe the start of a succession of 1000' towers.
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Does it? Does it, though? I understand the excitement around the proposal, but let's not forget that this hasn't even gone through rezoning, let alone a DP application. And given the developer's own start/stop record not just with this site in particular, but even with other projects, getting a rezoning approval (assuming they even get that far) will be a feat in and of itself. But we haven't even gotten that far. Like I said, I understand all the excitement, but let's also not forget that there are projects that are pretty much under construction right now (as far as excavation, or even with the crane erected), that don't have their own threads. (Yes, yes, they're not 'supertalls', but still.....) I think everyone is getting a little ahead of themselves with the enthusiasm for this project, and dreaming that this could potentially be the start of a string of 'Supertall' towers in Vancouver. Guys.....this is after all, STILL Vancouver. (...or the GVA if you want to include the Metro region) And we're still in the middle of a condo market slowdown, Inflation seems to be ticking back up, and thanks to the dude down south and his tariff shenanigans, we could be seeing a recession before the end of the year. Which could put a damper on any market recovery we might have been hoping to see, leading the projects stalling out again. All I'm saying is maybe we ought to just slow the roll with the over-excitement and let it develop (either way) as it should. |
This one isn’t a simple fantasy proposal from out of the blue.
Lots of those have come and gone, this has been in the works for a long time with communication back and forth with the city. Is there a chance it could change? Of course! Countless projects that have had / have their own threads have changed form numerous times. If we are going to go by your logic then projects should only have their own thread after construction begins. |
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Also, you think that the people planning and funding this project aren’t aware of the macro-economic and geo-political issues with potential to impact this undertaking? They are planning for years down the line. We’re excited, sure, but nobody is under the impression that breaking ground is happening anytime soon. |
On the third hand, this comes in the middle of every other developer wanting to downsize their condo projects and/or switch to rentals. Holborn is either five steps ahead or completely out to lunch - we'll have to see which one it is.
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With Holborn Group at the helm, this is sort of a monkey's paw situation. I'm loving the look of this proposal, but Holborn should not be trusted. By far, Vancouver's sketchiest and most untrustworthy developer.
After their Little Mountain scam and Dunsmiur Building debacle, I wanted them run out of town on a rail, never to be seen again. |
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