Not sure if the Sun article was posted about the 888 Cambie hotel project. Some details that I didn't see earlier.
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The design by the company and McKinley Studios would see the building rise in three tiers. Twelve floors in the podium would be hotel space, with residential rental in the tower above. The top floor would become the Nonni Property Group’s offices.
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“Our principal, Gino Nonni, has owned 888 Cambie for 26 years,” said Rachel Thomas of Nonni. “Originally, we just had that infill site and it was going to be residential rental, but then we managed to buy the corner of Cambie and Smithe at 896 Cambie. That has enabled us to do a more, a better, comprehensive development.”
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They said the hotel will be soft branded whatever that means.
EDIT: Soft brands are a hybrid between independent and core-branded properties. In general, soft branded hotels enjoy the benefits of the marketing programs and reservation systems of the core brands, but have greater flexibility regarding facilities, services, and operating standards. Soft brands are frequently the choice of owners of hotels that have a historical reputation and identity of their own.
https://www.cbre.com/insights/briefs...rd-alternative
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The project will include an “upscale five-star restaurant and bar” on the main floor and two “amenity” floors that are slightly narrower than the podium but larger than the tower.
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[QUOTE]There will be 165 residential rental units over 15 storeys in the tower or 11 per floor. The overall size of the building is 434,808 sq. ft., including 226,142 sq. ft. of residential, 199,628 sq. ft. of hotel and 9,039 sq. ft. of office space.
Nonni didn’t give a price for the project, but if the price of concrete construction is $650 per sq. ft., it could be a $280 million project.
Thomas said that if the project is approved it will probably take three years to build./QUOTE]
https://vancouversun.com/news/propos...e-hotel-rental
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