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Vacant Robson Street Site to Become Hotel: Report

A vacant downtown Vancouver site will become a hotel after its previous owner scrapped plans to develop a strata office tower, according to a published report.

Bonnis Properties sold the property, located at the corner of Robson and Seymour streets, to an unidentified international hotelier, says the report. The publication cited Kerry Bonnis, whose family owns Vancouver-based Bonnis Properties, as the source of the information.

According to the report, the proposed hotel’s developer has submitted a development application to build a 30-storey hotel.

Bonnis told an interviewer that the strata office market has “basically, completely disappeared since the COVID-19 pandemic broke out.

The divestment of the Robson and Seymour asset comes after Bonnis Properties scrapped plans to build a 17-storey office tower nearby as part of the Commodore Ballroom redevelopment in downtown Vancouver.

Kerry Bonnis has attributed the firm’s decision to a lack of demand for large-use office space.

Pictured: Former proposed strata-office redevelopment of a vacant downtown Vancouver site

Rendering: Perkins & Will


Inside The Story

BonnisCity of Vancouver

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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