Fairmount Pacific Rim to Be Open for Games


Saturday, November 19th, 2005

Sun

Located at Canada Place Way and Burrard Street in downtown Vancouver, the Fairmont Pacific Rim Vancouver will offer 415 hotel rooms on 18 lower floors and 173 apartments on 26 upper floors. The developer, Westbank and Peterson Group, released muchanticipated details of the project this week. James K.M. Cheng Architects will do the building; Bob Rennie, the marketing of the residences. The release estimates the project will cost more than $350 million to build. Westbank and Peterson are currently developing the Living Shangri-La tower. They are also the developers of the former Woodward’s store site. Westbank and Peterson expect to begin construction of Fairmont Pacific Rim Vancouveron next summer. They expect to complete construction in the middle of 2009.

A construction start next summer should generate a construction end three years later, in good time for the 2010 Olympics, the developers of the Fairmont Pacific Rim Vancouver announced this week.

A construction start next summer should generate a construction end three years later, in good time for the 2010 Olympics, the developers of the Fairmont Pacific Rim Vancouver announced this week.

The hotel and residential property will be located at Burrard and Canada Place Way.

Its neighbours will include downtown landmarks of the past and future, among them the Marine Building and the expanded convention centre. Details, K23

CMHC LAUDS SALSBURY HEIGHTS REHABILITATION

The latest CMHC housing-research release includes a report on a local rehabilitation — Salsbury Heights.

“Salsbury Heights is a heritage revitalization and infill project that includes six apartments in an existing, municipally designated heritage house, two new single-detached infill houses and eight new infill townhouses, four of which front on to a lane,” the release notes.

“The project was approved by the City of Vancouver through a Heritage Revitalization Agreement that allowed the developer additional density in return for saving the heritage building and features.

“Objections from neighbours caused time delays, and the exacting, heritage retention and restoration work was more time-consuming and expensive than anticipated. However, the project has proved to be a valuable addition to the neighbourhood.”

For the full report visit: cmhc.ca.

© The Vancouver Sun 2005



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