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Originally Posted by officedweller
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This one surprised me when I heard it, glad to see it's public now.
Reliance and Stovell have been some of the sharpest critics of the viewcones and height limitations at city hall, leading me to expect any redevelopment of this site to be as tall as possible. However 1166 is not a small building in the Vancouver context and I can't imagine a scenario in the near future where it is economically sensible to knock it down and start over.
Is the purchase then a very long term play, or something akin to to
488 University in Toronto where residential is stacked on top of a renovated office midrise?