The Holborn Group’s nameless $500 million twisting Vancouver tower (originally developed as the Ritz-Carlton) is to resume construction but with some interior downgrades. The project developers, The Holborn Group, have decided to keep the exterior structure unchanged but to modify the interior plans so as to make units more affordable. The original 58-storey project included 123 luxury condos on the top 38 floors and 127 hotel rooms on the first 20 floors.
(Source: Daily Commercial News)
Construction of an Arthur Erickson-designed luxury hotel and condo project is set to resume after the developer rejigged the plans.
It was originally developed as the Ritz-Carlton Vancouver, but excavation work on the $500 million twisting tower was halted in October 2008.
Read the full article by Richard Gilbert “Developers simplify design in bid to save Vancouver luxury hotel” at Daily Commercial News (August 27, 2009)
See BuzzBuzzHome’s prior posts on this story:
Vancouver: Work to Resume on $500 Million Twisting Tower – August 22, 2009