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  #2221  
Old Posted May 22, 2026, 2:29 PM
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Downtown Hudson’s Bay redevelopment poses opportunities, challenges
Onni acquiring massive heritage building but developer’s plans not known

Jami Makan
Business in Vancouver

https://www.biv.com/news/real-estate/dow...-poses-opportunities-challenges-12290978


Photo credit: Rob Kruyt, BIV

Quote:
The Hudson’s Bay Co. (HBC) flagship department store building in downtown Vancouver is getting a new owner, and attention is turning to the challenges and opportunities presented by one of the city’s most central locations.

Onni Development Capital Corp. has agreed to buy the historic property in receivership following the demise of Canada’s oldest retailer. Its plans for the site are not known—the Vancouver developer did not respond to Business in Vancouver—but one expert said redevelopment could inject new energy into the area.

“The possibilities are quite tremendous,” said Mark Thompson, partner with MCMP Architects.

The future of the prized asset at 674 Granville St. may be some sort of mixed-use project with hotel, office, commercial, residential or retail components, he said.
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  #2222  
Old Posted May 25, 2026, 8:20 PM
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Originally Posted by officedweller View Post
848 Seymour

...
the graffiti covered building to the right in your photo has a planned hotel development coming too doesn't it?
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  #2223  
Old Posted May 25, 2026, 9:51 PM
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Yup, that's the one.
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  #2224  
Old Posted May 25, 2026, 11:38 PM
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Quote:
Originally Posted by kikin View Post
the graffiti covered building to the right in your photo has a planned hotel development coming too doesn't it?
There's a rezoning application, but it hasn't been approved yet, and it's a developer who doesn't appear to have built a hotel before, so whether/when a hotel will be built is a bit uncertain.
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  #2225  
Old Posted May 26, 2026, 6:20 PM
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Originally Posted by Changing City View Post
There's a rezoning application, but it hasn't been approved yet, and it's a developer who doesn't appear to have built a hotel before, so whether/when a hotel will be built is a bit uncertain.
with a hotel being built right beside it I am surprised it needs to be rezoned as well
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  #2226  
Old Posted May 26, 2026, 7:23 PM
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Listel Hotel redevelopment. Not sure if there's a thread for this one.

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  #2227  
Old Posted May 26, 2026, 7:23 PM
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Originally Posted by kikin View Post
with a hotel being built right beside it I am surprised it needs to be rezoned as well
The proposal is for twice the density that is allowed outright. The hotel next door also required a rezoning as it has even more density.
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  #2228  
Old Posted May 26, 2026, 10:02 PM
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Originally Posted by Changing City View Post
The proposal is for twice the density that is allowed outright. The hotel next door also required a rezoning as it has even more density.
interesting, I wrongly assumed that rezoning is usually done on a neighborhood basis, not lot by lot
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  #2229  
Old Posted May 27, 2026, 3:08 AM
MalcolmTucker MalcolmTucker is offline
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Quote:
Originally Posted by kikin View Post
interesting, I wrongly assumed that rezoning is usually done on a neighborhood basis, not lot by lot
In Vancouver the trend up until very recently was application by application, initiated by the land owner. The city viewed density that a developer didn't negotiate for as a give-away.
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  #2230  
Old Posted May 27, 2026, 5:28 PM
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Quote:
Originally Posted by kikin View Post
interesting, I wrongly assumed that rezoning is usually done on a neighborhood basis, not lot by lot
Zoning would be by neighborhood.
Think of REzonings as exceptions to the regular zoning, made on a case by case basis.
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  #2231  
Old Posted May 27, 2026, 5:28 PM
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Quote:
Originally Posted by kikin View Post
interesting, I wrongly assumed that rezoning is usually done on a neighborhood basis, not lot by lot
Zoning would be by neighborhood.
Think of REzonings as exceptions to the regular zoning, made on a case by case basis by each owner.
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  #2232  
Old Posted May 27, 2026, 7:32 PM
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Quote:
Originally Posted by kikin View Post
interesting, I wrongly assumed that rezoning is usually done on a neighborhood basis, not lot by lot
A rezoning is just another way to refer to an amendment to a zoning bylaw, but it generally refers to an amendment for zoning applicable to a single property or group of properties initiated by the property owner.

Usually, once zoning is set, property owners will apply to rezone their property to add more density or change uses if it is supported by the municipality’s plans. Municipalities generally are not incentivized to rezone their properties on a wholesale basis because they give up the right to negotiate for benefits upon granting the rezoning, but it means limiting density by waiting on the owner to apply for a rezoning.

Of course, that’s changed recently due to legislation introduced that required municipalities to permit small scale housing at a minimum in single family home only zones. That said—I can’t recall the deadlines in place—a change in government could unwind this.

And as others have mentioned, Vancouver has been more proactive in rezoning entire neighbourhoods.
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  #2233  
Old Posted May 27, 2026, 8:59 PM
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And I guess the city initiated rezonings for Cambie/Broadway Corridors?

Quote:
Over the past 10 years, most Area Plans (e.g., Marpole, Grandview-Woodland, West End) have
been implemented through privately-initiated rezonings to site-specific CD-1 districts. To date,
there are 871 individual CD-1 zoning schedules enacted across the city, with an average of 27
CD-1 by-laws enacted per year over the last five years. These applications can take 12 to 15
months or longer to process from application to approval in principle by Council at a Public
Hearing. This process often includes complex negotiations between the applicant and staff on
form of development requirements and delivery of public amenities (either cash or in-kind
contributions). The site-specific processing of rezonings comes with uncertainty and risk for
applicants and impacts City staff resources.
https://www.shapeyourcity.ca/zoning-changes-broadway-cambie-plans
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  #2234  
Old Posted May 28, 2026, 11:28 PM
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  #2235  
Old Posted May 29, 2026, 9:18 PM
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Originally Posted by jollyburger View Post
excellent news!
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  #2236  
Old Posted May 29, 2026, 10:50 PM
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Quote:
Originally Posted by jollyburger View Post
Good for the aesthetics of the immediate neighbourhood, bad for ambulance services and emergency rooms (with ER visits for overdoses having increased on average over the last year). Does this mean more needles and ODs in public areas generally? Probably
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  #2237  
Old Posted May 29, 2026, 11:11 PM
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Quote:
Originally Posted by simons View Post
Good for the aesthetics of the immediate neighbourhood, bad for ambulance services and emergency rooms (with ER visits for overdoses having increased on average over the last year). Does this mean more needles and ODs in public areas generally? Probably
A lot more than the “aesthetic”
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  #2238  
Old Posted May 30, 2026, 1:40 AM
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Another office building conversion into a hotel

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110 & 112 Cordova Street Ltd. has applied to the City of Vancouver for permission to develop this site with a change of use from Office to Hotel in this existing heritage commercial building, consisting of:

Hotel lobby on the ground level
54 hotel suites on levels 1 - 3
A floor area of approximately 18,262 sq. ft. (1,697 m²)
Hours of operation: 24 hours a day, 7 days a week
https://www.shapeyourcity.ca/110-e-cordova-st
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  #2239  
Old Posted May 30, 2026, 2:11 AM
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At Columbia - ouch.
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  #2240  
Old Posted May 30, 2026, 2:17 AM
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Quote:
Originally Posted by jollyburger View Post
Another office building conversion into a hotel

https://www.shapeyourcity.ca/110-e-cordova-st
Viaggio Hospitality Group who run Moda Hotel in Downtown, The Waldorf Hotel on E Hastings, The Met Hotel in New Westminster, and The Howe Sound Inn in Squamish (with Howe Sound Brewing). The company is part of the Niradia Group of companies, which also owns Solterra.

The building is three-storey, stone and brick former transfer warehouse that was built in 1901 for Hugh E. McDonald’s Pacific Transfer Company.
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