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And tragically, from what Leftcoaster (who apparently has seen renders) has suggested, the new Sears sounds like it will be the final nail in the coffin for this corner's chance as Vancouver's Times Square.
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And why does Vancouver need a Times Square exactly? So we can put a check mark on some arbitrary, subjective list of what it takes to be a "world class city"? I don't see the point. I like the way Granville Street is developing with all it's neon and LED light poles. It has a unique vibe already. Sears could definitely use innovative lighting effects, but I wouldn't want them to go overboard with it like some of the buildings in Dundas Square.