{"id":830057,"date":"2026-07-27T22:06:32","date_gmt":"2026-07-27T22:06:32","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/830057\/"},"modified":"2026-07-27T22:06:32","modified_gmt":"2026-07-27T22:06:32","slug":"western-canadas-tallest-tower-approved-by-vancouver-city-council-daily-hive","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/830057\/","title":{"rendered":"Western Canada&#8217;s tallest tower approved by Vancouver City Council | Daily Hive"},"content":{"rendered":"<p>Vancouver City Council has approved one of the most ambitious private sector-led building projects in the city\u2019s history, allowing local developer Holborn Group\u2019s landmark multi-tower redevelopment of the Hudson\u2019s Bay parkade block in Downtown Vancouver to take its next steps.<\/p>\n<p>The <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">public hearing for this rezoning application began on Thursday, July 24<\/a>, when City Council completed its list of registered public speakers. The debate and decision on the project was made this morning, Monday, July 27, with City Council approving the application in a 7-3 vote.<\/p>\n<p>It was approved along party lines, with the endorsements coming from the ABC governing majority\u2019s elected officials, and the opposition coming from Green city councillor Pete Fry, COPE city councillor Sean Orr, and OneCity city councillor Lucy Maloney.<\/p>\n<p>This project at 501-595 West Georgia St. will be anchored by Western Canada\u2019s tallest tower, reaching a potential height of up to 1,034 ft. (315 metres) with 100 per cent hotel uses \u2014 containing 920 hotel rooms, a 70,000 sq. ft. conference centre with three ballrooms, and a world-class public observation deck attraction that provides Vancouver with an additional significant tourist attraction. It will have 68 storeys, which accounts for some floors with high ceiling heights.<\/p>\n<p>This would be the largest hotel in B.C. by number of rooms, making a meaningful dent in Metro Vancouver\u2019s growing hotel room shortage. As well, the type of event and meeting space provided by the hotel\u2019s conference centre would respond to very strong demand for such spaces.<\/p>\n<p>If fully achieved as envisioned, the tallest tower will be the first technical \u201csupertall\u201d tower west of Toronto, and the other two towers will be Vancouver\u2019s second and third tallest buildings and among Metro Vancouver\u2019s highest.<\/p>\n<p>The observation deck attraction will sit at a height of over 1,000 ft. (305 metres) atop the hotel tower, contained within a glass dome with three levels for enjoying the panoramic views, with a garden-like setting for the viewing areas, lounge, and a restaurant.<\/p>\n<p>Next to the supertall skyscraper, two residential towers will reach 783 ft. (239 metres) with 68 storeys and 889 ft. (271 metres) with 79 storeys, and contain a combined total of 1,546 homes \u2014 1,270 strata market ownership condominium homes and 276 secured purpose-built rental homes \u2014 along with over 40,000 sq. ft. of retail\/restaurant space on the ground level.<\/p>\n<p>As a public benefit, the developer will completely fund and build a separate City-owned, 25-storey social housing tower at 388 Abbott St., immediately east of the Woodward\u2019s complex on the edge of Gastown. As a condition of rezoning, this will be legally timed with the first phase of the Hudson\u2019s Bay parkade block redevelopment. There will be 237 social housing units, a 37-space childcare facility, and about 5,000 sq. ft. of commercial\/cultural space.<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay ParkadeHenriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"863\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190680\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189978_917_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-57.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190680\" class=\"wp-caption-text\">Site of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St. (left) and the social housing site at 388 Abbott St. (right), Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay ParkadeHenriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"649\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190682\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189979_103_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-55.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190682\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St. and the social housing tower at 388 Abbott St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay ParkadeHenriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"680\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190681\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-56.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190681\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"hudson\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"752\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2139340\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189980_541_hudsons-bay-parkade-vancouver-redevelopment-501-595-west-georgia-street-6.jpg\"\/><\/p>\n<p id=\"caption-attachment-2139340\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p dir=\"ltr\" lang=\"en\">Here\u2019s a fly-through animated video of the newly approved Hudson\u2019s Bay parkade redevelopment in Downtown Vancouver, including Western Canada\u2019s new tallest building.<\/p>\n<p>It will change the skyline dramatically, a new civic landmark. <a href=\"https:\/\/x.com\/hashtag\/vanpoli?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#vanpoli<\/a> <a href=\"https:\/\/x.com\/hashtag\/vanre?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#vanre<\/a> 1\/2<a href=\"https:\/\/t.co\/SYg1zW7o6R\" rel=\"nofollow\">https:\/\/t.co\/SYg1zW7o6R<\/a> <a href=\"https:\/\/t.co\/vgGvGHX6Ws\" rel=\"nofollow\">pic.twitter.com\/vgGvGHX6Ws<\/a><\/p>\n<p>\u2014 Kenneth Chan (@iamkennethchan) <a href=\"https:\/\/x.com\/iamkennethchan\/status\/2081842214091837766?ref_src=twsrc%5Etfw\" rel=\"nofollow\">July 27, 2026<\/a><\/p>\n<p dir=\"ltr\" lang=\"en\">Fly-through video of the ground-level perspective of the approved Hudson\u2019s Bay parkade redevelopment in Downtown Vancouver.<\/p>\n<p>An event-friendly plaza, retail\/restaurant space, and additional entrance for <a href=\"https:\/\/x.com\/hashtag\/SkyTrain?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#SkyTrain<\/a> Granville Station. <a href=\"https:\/\/x.com\/hashtag\/vanpoli?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#vanpoli<\/a> <a href=\"https:\/\/x.com\/hashtag\/vanre?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#vanre<\/a> 2\/2<a href=\"https:\/\/t.co\/SYg1zW7o6R\" rel=\"nofollow\">https:\/\/t.co\/SYg1zW7o6R<\/a> <a href=\"https:\/\/t.co\/T4IYpOH0o0\" rel=\"nofollow\">pic.twitter.com\/T4IYpOH0o0<\/a><\/p>\n<p>\u2014 Kenneth Chan (@iamkennethchan) <a href=\"https:\/\/x.com\/iamkennethchan\/status\/2081842215824118267?ref_src=twsrc%5Etfw\" rel=\"nofollow\">July 27, 2026<\/a><\/p>\n<p>Before City Council began its debate, Joo Kim Tiah, the principal of Holborn Group and CEO of TA Global Bhd., made a final pitch for the project, saying the project with a supertall tower is intended to create something that will positively contribute to Vancouver\u2019s identity and legacy.<\/p>\n<p>\u201cWe live in the most beautiful city in the world and we want to help show off what Vancouver has to offer. We want to provide a project of architectural significance that complements its natural beauty,\u201d said Tiah.<\/p>\n<p>He emphasized the importance of the large, event-friendly public plaza, as well as the glass sponge design inspiration behind the trio of tall towers.<\/p>\n<p>The project is designed by Henriquez Partners Architects, whose headquarters is located just across the street in the Telus Garden office tower.<\/p>\n<p>According to Henriquez, the supertall tower\u2019s structural exoskeleton design also performs well under seismic dynamic testing, delivering the same seismic load response and meeting the same seismic code requirements as a more conventional structural design with internal columns. The Vancouver-based architectural firm collaborated closely with the New York City office of global engineering firm Arup, renowned for its structural solutions for iconic supertall towers around the world, including the International Commerce Centre, which is Hong Kong\u2019s tallest building, and the recently completed Merdeka 118 in Kuala Lumpur, which is the second tallest building in the world.<\/p>\n<p>On the 65th level, just below the observation attraction, there will be a tuned mass damper to minimize the tower\u2019s movement due to high wind and seismic events. Such dampers exist on many tall towers worldwide \u2014 especially those that have a narrow width \u2014 and one such local example is the damper atop downtown Vancouver\u2019s Sheraton One Wall Centre tower, which uses a liquid-tuned mass damper.<\/p>\n<p>Tiah also said his company made a deliberate decision that the tallest tower should not be a private residential tower reserved for luxury homes. Instead of penthouse condominium units, the <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">observation deck attraction at the top of the hotel tower would provide free access to Vancouver residents<\/a>, which would be <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">guaranteed under a legal condition of the rezoning<\/a>. Out-of-town visitors would pay an admission.<\/p>\n<p>\u201cWe made the decision from the start that the tallest tower would have to be publicly accessible commercial tower and observation deck and not a private residence with penthouses in the sky,\u201d Tiah told City Council during the public hearing.<\/p>\n<p>\u201cThis building will truly represent all that is local,\u201d said Tiah.<\/p>\n<p><img alt=\"hudson\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"660\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2139339\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189980_801_hudsons-bay-parkade-vancouver-redevelopment-501-595-west-georgia-street-8.jpg\"\/><\/p>\n<p id=\"caption-attachment-2139339\" class=\"wp-caption-text\">Observation deck attraction; concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"1135\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190704\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189981_319_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-35.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190704\" class=\"wp-caption-text\">Observation deck attraction; concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"1415\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190731\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189981_294_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-9.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190731\" class=\"wp-caption-text\">Observation deck attraction; concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"1463\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190697\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189982_926_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-42.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190697\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"985\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190698\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189982_69_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-41.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190698\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"1387\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190700\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189983_694_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-39.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190700\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p>The project\u2019s separate Abbott Street social housing tower component was also a major focus of public speakers last Thursday and City Council\u2019s questions and debate this morning. City staff confirmed the two rezonings would have to be enacted together, and the first residential tower on the Georgia Street site would be tied to the delivery of the Abbott Street social housing building.<\/p>\n<p>When asked, City staff confirmed that the Abbott Street social housing tower, replacing an existing surface vehicle parking lot, would have to receive occupancy before the first market residential tower on the main Hudson\u2019s Bay parkade site receives occupancy.<\/p>\n<p>However, City staff also confirmed the tallest tower with the hotel and observation deck attraction could proceed first without triggering construction of the social housing building, although doing so would still deliver other public benefits, including the $20-million cash community amenity contribution, development cost levies, the public plaza, ground-level improvements, and the <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">additional street-level and underground subway entrances into SkyTrain\u2019s Granville Station<\/a>.<\/p>\n<p>Altogether, according to City staff, the public benefits package carries a value of about $305 million, including $184 million for the Abbott Street social housing tower.<\/p>\n<p>\u201cDowntown Vancouver is the place for exceptional height like this\u201d<\/p>\n<p>COPE city councillor Sean Orr attempted to delay the project by moving an amendment to wait for the completion of the <a href=\"https:\/\/dailyhive.com\/vancouver\/vancouver-higher-buildings-review-taller-towers\" target=\"_blank\" rel=\"nofollow noopener\">City\u2019s ongoing Higher Buildings Policy review in 2027<\/a>. It should be noted that the <a href=\"https:\/\/dailyhive.com\/vancouver\/bay-parkade-vancouver-observation-deck-supertall-tower-proposal\" target=\"_blank\" rel=\"nofollow noopener\">rezoning application for the project was first submitted just over a year ago in June 2025<\/a>.<\/p>\n<p>Orr\u2019s proposed delay to consider the project sometime later next year was rejected by a majority of City Council, with several city councillors arguing the location \u2014 centrally located in Downtown Vancouver\u2019s Central Business District, and adjacent to two SkyTrain stations \u2014 is precisely where exceptional height and density belong.<\/p>\n<p>\u201cI can\u2019t think of a better spot for Vancouver to have its tallest building,\u201d said ABC city councillor Peter Meiszner. \u201cThis is at the centre of downtown. This is connected by two rapid transit lines.\u201d<\/p>\n<p>Meiszner also noted that towers approaching this height and scale are already being built elsewhere in the Metro Vancouver region outside of the city.<\/p>\n<p>In 2023, the 708-ft-tall (216 metres) Two Gilmore Place tower reached completion to become Metro Vancouver\u2019s new tallest building, exceeding the 659-ft-tall (201 metres) height of the Park Hyatt Vancouver tower (former Shangri-La Vancouver). Later this year, Concord Pacific\u2019s Sky Park tower in Metrotown will become Metro Vancouver\u2019s new tallest building in its final construction ascent to reach a height of 755 ft. (230 metres).<\/p>\n<p>Moreover, there are several other taller towers proposed or planned for Burnaby\u2019s Metrotown and Lougheed Town Centre districts, as well as in Surrey City Centre. This includes projects reaching heights of <a href=\"https:\/\/dailyhive.com\/vancouver\/mcarthy-plaza-tower-metrotown-5000-kingsway-burnaby-observation-deck\" target=\"_blank\" rel=\"nofollow noopener\">853 ft. (260 metres)<\/a> and <a href=\"https:\/\/dailyhive.com\/vancouver\/pinnacle-lougheed-burnaby-hotel-restaurant-revised-concept\" target=\"_blank\" rel=\"nofollow noopener\">863 ft. (263 metres)<\/a>.<\/p>\n<p>\u201cIt\u2019s never made sense to me that the tallest buildings in the Lower Mainland right now are not in downtown Vancouver. I think Downtown Vancouver is the place for exceptional height like this,\u201d continued Meiszner.<\/p>\n<p>But there is a possibility that the final height of the project\u2019s tallest tower could be slightly shorter. During last Thursday\u2019s first public hearing date, City staff shared that <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">NAV Canada<\/a> \u2014 the entity that operates and regulates the country\u2019s federal civil air navigation system \u2014 <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">suggested a potential height reduction of up to 88 ft. (27 metres) may be needed<\/a>.<\/p>\n<p>If the full reduction were applied to the current concept, it would lower the height of the project\u2019s tallest tower to 946 ft. (288 metres). At that reduced height, it would no longer qualify as a supertall tower. According to the Council on Vertical Urbanism, previously known as the Council on Tall Buildings and Urban Habitat, the universally accepted threshold for a supertall skyscraper is at least 300 metres (984 ft.).<\/p>\n<p>City Council questioned City staff on the <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">potential implications of NAV Canada\u2019s height restrictions for the tallest tower<\/a>. City staff indicated the municipal bylaw could still permit the proposed height, but if NAV Canada regulations ultimately limit what can physically be built, the tower could be reduced through later development and permitting stages without requiring a new rezoning text amendment for City Council\u2019s consideration. City staff also said there may be opportunities to redistribute some of the unused vertical hotel density to other parts of the complex.<\/p>\n<p><img alt=\"bay parkade towers holborn\" title=\"\" loading=\"lazy\" width=\"1000\" height=\"304\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2291976\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189984_721_bay-parkade-towers-holborn-queen-elizabeth-park.jpg\"\/><\/p>\n<p id=\"caption-attachment-2291976\" class=\"wp-caption-text\">View from the top of Queen Elizabeth Park; concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (City of Vancouver)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"650\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190695\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189984_545_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-43.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190695\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay ParkadeHenriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"309\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190684\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189985_786_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-53.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190684\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"226\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190690\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189985_732_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-48.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190690\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"816\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190703\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189986_786_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-36.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190703\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"570\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190725\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189987_54_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-14.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190725\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay ParkadeHenriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"617\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190683\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189987_482_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-54.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190683\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p>ABC city councillor Mike Klassen also supported the proposal, calling it one of the most significant redevelopment projects City Council has considered in years.<\/p>\n<p>\u201cDowntown Vancouver is where our region expects to accommodate growth, jobs, and investment. If we believe in a vibrant downtown growth and a strong regional economy, then we have to be prepared to support ambitious projects in the places that are best suited to them,\u201d said Klassen.<\/p>\n<p>\u201cWe often talk about wanting Vancouver to remain globally competitive and landmark projects don\u2019t happen often. And when they do, they require long-term thinking. While height naturally attracts attention, I think more important question is whether this project contributes positively to the city over the next 50 to 100 years\u2026 This proposal represents a major investment in Vancouver at a time when we need confidence in our city\u2019s future.\u201d<\/p>\n<p>ABC city councillor Lisa Dominato said she was struck by both the scale and architectural design of the project.<\/p>\n<p>\u201cI think it will be viewed as iconic,\u201d said Dominato. \u201cI think it will be viewed as a beautiful legacy piece as part of the city.\u201d<\/p>\n<p>ABC city councillor Sarah Kirby-Yung framed the project as an opportunity to replace an underused parkade block with a much more active mix of uses, including hotel rooms and a new major tourism attraction with the plan to build an observation deck.<\/p>\n<p>She also described the parkade location as \u201ca signature piece of real estate in our city and in the heart of downtown,\u201d and said the project aligns with City Council\u2019s broader efforts to restore energy and activity to the core of the city centre.<\/p>\n<p>Kirby-Yung also pressed City staff on legal protections for the preservation of the Randall Building\u2019s heritage facade on the West Georgia Street side of the development site, saying she did not want to see the developer later avoid that commitment at a later date. City staff said the heritage retention is a condition of bylaw enactment, and that if the facade could not be retained, the matter would have to return to City Council and the broader public benefits package would have to be reconsidered.<\/p>\n<p>Addressing the elephant in the room: the shadow of Little Mountain<\/p>\n<p>Some of the focus on the Randall Building\u2019s heritage facade stems from the emergency demolition of the former Dunsmuir Hotel SRO building at the northeast corner of the parkade block in early 2025.<\/p>\n<p>Of the 237 social housing units planned for the new Abbott Street tower, 167 would replace the SRO units lost through that demolition. The former Dunsmuir Hotel had been vacant since 2013, when its remaining residents were relocated to purpose-built social housing because the building was already in poor condition. Its condition later worsened to the point that the City issued an emergency demolition order. Before that unplanned demolition, the developer had intended to preserve and integrate the building\u2019s facade \u2014 fronting Dunsmuir Street and Richards Street \u2014 into the broader redevelopment of the block.<\/p>\n<p>It should also be noted that unlike the dilapidated condition of the Dunsmuir Hotel SRO building\u2019s final decades, the Randall Building is currently in good condition with retail and office tenants.<\/p>\n<p>Maloney ultimately voted against the project, despite acknowledging its design and major economic benefits. She cited concerns over Holborn Group\u2019s broader track record in Vancouver, including the lengthy delays with realizing the new social housing for the Little Mountain site and the unexpected loss of the former Dunsmuir Hotel SRO building.<\/p>\n<p>During the project\u2019s first public hearing date last Thursday, City staff outlined the legally mandated guarantees and municipal protections that would be placed on Holborn Group to achieve the Abbott Street social housing tower.<\/p>\n<p>Before Holborn Group can receive an above-grade structural permit for the residential portion of the Hudson\u2019s Bay parkade redevelopment, it would have to provide the City with a letter of credit or other security worth approximately $184 million \u2014 the assessed value of the in-kind CAC of the Abbott Street social housing tower.<\/p>\n<p>The City would hold that security until the completed Abbott Street social housing tower is transferred to municipal ownership. Over time, the value of this security would also be adjusted for construction-cost inflation.<\/p>\n<p>If the developer does not obtain a building permit for the Abbott Street social housing tower project within four years of receiving the above-grade structural permit for the residential towers of the Hudson\u2019s Bay parkade redevelopment, or if the completed social housing building and property are not transferred to the City within eight-and-a-half years, the municipal government could cash the security of $184 million.<\/p>\n<p>An option allowing the City to purchase the Abbott Street property for a nominal price of $10.00 would also be registered on its title before the rezoning is enacted.<\/p>\n<p><img alt=\"388 Abbott Street Vancouver social housing tower 1\" title=\"\" loading=\"lazy\" width=\"2048\" height=\"1534\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2139355\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189988_556_388-Abbott-Street-Vancouver-social-housing-tower-1.jpg\"\/><\/p>\n<p id=\"caption-attachment-2139355\" class=\"wp-caption-text\">Concept of the social housing tower at 388 Abbott St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"388 Abbott Street Vancouver Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"846\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190751\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189988_612_388-Abbott-Street-Vancouver-Henriquez-Holborn-3.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190751\" class=\"wp-caption-text\">Concept of the social housing tower at 388 Abbott St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"388 Abbott Street Vancouver Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"850\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190750\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189989_374_388-Abbott-Street-Vancouver-Henriquez-Holborn-4.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190750\" class=\"wp-caption-text\">Concept of the social housing tower at 388 Abbott St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"388 Abbott Street Vancouver Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"679\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190747\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189989_151_388-Abbott-Street-Vancouver-Henriquez-Holborn-7.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190747\" class=\"wp-caption-text\">Concept of the social housing tower at 388 Abbott St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"388 Abbott Street Vancouver Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"617\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190743\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189990_750_388-Abbott-Street-Vancouver-Henriquez-Holborn-11.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190743\" class=\"wp-caption-text\">Concept of the social housing tower at 388 Abbott St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"388 Abbott Street Vancouver Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"887\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190744\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189991_912_388-Abbott-Street-Vancouver-Henriquez-Holborn-10.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190744\" class=\"wp-caption-text\">Concept of the social housing tower at 388 Abbott St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p>Early in today\u2019s public hearing, Tiah also briefly addressed longstanding significant criticism related to Holborn Group\u2019s sluggish redevelopment of BC Housing\u2019s former Little Mountain social housing site, which was raised by some opponents during the public hearing.<\/p>\n<p>He pushed back on the suggestion that the company had failed to deliver on its commitments, telling City Council that most of the social housing at Little Mountain has now been completed before any market housing on the site.<\/p>\n<p>He said the recently completed City-owned building at Little Mountain includes a daycare for 89 children, a neighbourhood house, a public plaza, and public art. The municipal government had planned a media event last Thursday to mark the completion of this building, but it was postponed at the last minute.<\/p>\n<p>According to Tiah, the remaining two social housing buildings at Little Mountain are expected to reach full completion in Fall 2206.<\/p>\n<p>\u201cWe do not step away from our commitments or obligations,\u201d Tiah told City Council.<\/p>\n<p>Tiah then linked the Little Mountain comments to Holborn Group\u2019s broader track record in Vancouver, arguing his company is capable of delivering a complex project of this scale. He noted his company previously built the second-tallest tower in Vancouver \u2014 the 2016-built, 616-ft-tall (188 metres) Paradox Vancouver Hotel tower (originally known as the Trump International Hotel and Tower Vancouver), designed by the late Arthur Erickson \u2014 which he asserts is \u201cstill the most architecturally stunning building\u201d in the city, and said the Hudson\u2019s Bay parkade block redevelopment represents a rare opportunity.<\/p>\n<p>\u201cIt happens once in a lifetime,\u201d he said. \u201cIt would be our honour to build this project for the city.\u201d<\/p>\n<p>There were suggestions by public speakers during the first public hearing date last week that the type of housing provided by this project is unnecessary given current weak market conditions. But the project is still years away from construction. It must still go through detailed design, the preliminary development permit process, development permit review, and building permit applications. It also has to navigate around <a href=\"https:\/\/dailyhive.com\/vancouver\/holborn-bay-parkade-vancouver-supertall-tower-nav-canada-federal-aviation\" target=\"_blank\" rel=\"nofollow noopener\">NAV Canada\u2019s potential height concerns for aviation airspace<\/a>, with the project\u2019s architect suggesting last week that this can be mitigated through negotiations, with precedent set by other projects in Vancouver that change air space regulations as the city evolves over time.<\/p>\n<p>At the very earliest, construction on the first phase \u2014 the first market residential tower on the parkade site and the Abbott Street social housing tower \u2014 would not begin until around 2030. By then, market conditions for presale condominiums could look very different from today for securing the financing necessary to proceed with the project.<\/p>\n<p><img alt=\"the stack office tower 1133 melville street vancouver\" title=\"\" loading=\"lazy\" width=\"1075\" height=\"1498\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-1833444\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/the-stack-office-tower-1133-melville-street-vancouver-53.jpg\"\/><\/p>\n<p id=\"caption-attachment-1833444\" class=\"wp-caption-text\">Views of Metro Vancouver\u2019s existing tallest buildings of Paradox Hotel (right) and Living Shangri-La (left) from the rooftop of The Stack office tower. (Kenneth Chan\/Daily Hive)<\/p>\n<p><img alt=\"501-595 West Georgia Street Vancouver Bay Parkade Henriquez Holborn\" title=\"\" loading=\"lazy\" width=\"1100\" height=\"715\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2190702\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189992_104_501-595-West-Georgia-Street-Vancouver-Henriquez-Holborn-37.jpg\"\/><\/p>\n<p id=\"caption-attachment-2190702\" class=\"wp-caption-text\">Concept of the Hudson\u2019s Bay parkade city block redevelopment at 501-595 West Georgia St., Vancouver. (Henriquez Partners Architects\/Holborn Group)<\/p>\n<p><img alt=\"bay parkade towers holborn vancouver tallest\" title=\"\" loading=\"lazy\" width=\"1000\" height=\"853\" decoding=\"async\" data-nimg=\"1\" class=\"size-full wp-image-2291979\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1785189992_298_bay-parkade-towers-holborn-vancouver-tallest.jpg\"\/><\/p>\n<p id=\"caption-attachment-2291979\" class=\"wp-caption-text\">Comparing the heights of the three towers on the Hudson\u2019s Bay parkade site with Vancouver\u2019s existing tallest buildings. (City of Vancouver)<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Vancouver City Council has approved one of the most ambitious private sector-led building projects in the city\u2019s history,&hellip;\n","protected":false},"author":2,"featured_media":830058,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-830057","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/830057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=830057"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/830057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/830058"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=830057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=830057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=830057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}