The lower 15 floors will house the Shangri-La Hotel, the first Shangri-La location in North America. Hugely famous in Asia, it will likely have the highest room rates in Canada.
Standing 150 feet higher than Vancouver's current tallest building and ends in 2008, in time for 2010 olympics
Vancouver: Hong Kong-based Shangri-La Hotels & Resorts has signed a deal that will see 15 floors of the city's tallest tower made into an opulent, five-star luxury hotel. It is Shangri-La's first venture in North America. The full-service 120 guest rooms will all be between 500 and 750 square feet and will likely garner the city's highest room rates. The chain, with 42 hotel properties and 28 more in development, was attracted to Vancouver because of its reputation as an Asian gateway.
Locating in the city's new 642-foot high signature tower was an easy decision as the project is destined to be an instant landmark. The Shangri-La entry marks the first hotel brand to come to Canada in five years. CEO Giovanni Angelini says the chain is looking at expansion into other North American locations such as New York, Los Angeles and San Francisco.
CDN$350 million.
-Plans include a curated public sculpture garden.
-A 120-room hotel, including restaurants and spa, takes up the first 15 floors. General live-work homes (227 units) are on floors 16 to 42 and private access residential units on floors 43-59 (63 units) with penthouse on floor 60.
- The hotel guestrooms, averaging 550 square feet, are among the largest in Canada.
- Penthouse listed at $7.4 million (June 2005).
- During the height of construction activity 1,000 workers will be on site constructing 1 floor per week.
Park Hyatt (1128 W Georgia) | 197m | 62 fl | Completed
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