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Developer Seeking to Nix Office Portion of Broadway Project
Bosa Properties is seeking to scrap the office component in an approved mixed-use development project Vancouver’s Broadway corridor.
The Burnaby, B.C.-based investment and development company has submitted a text amendment application to the city, advising that the firm now wishes to build two hotels at 888 West Broadway. The project is slated to include retail spaces.
The company originally planned to develop an office building and hotel with both standing 10 storeys. If the city accepts the revision request, the two hotels will stand 11 and 15 storeys while more than doubling the project’s originally planned room count to 396 from 156.
Bosa Properties asserted in its text amendment that two Hilton-branded hotels will serve strong demand for accommodation and support tourism, the city and local community.
“New hotel rooms are desperately needed to address the significant shortfall,” said Bosa Properties in its notice.
The property is situated Broadway and Laurel Street, directly across from the future Oak-Vancouver General Hospital subway station site.
The company’s revised request is not expected to receive much resistance, because the location currently houses the closed 117-room, seven-storey hotel and the Fairview Pub.
The city approved the original development plan in January 2023.
Rendering: Henriquez Partners Architects/Bosa Properties/City of Vancouver
- ◦Sale/Acquisition