(Source: Journal of Commerce)
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.
The worldwide recession and the softening of the local housing market forced developer, Holborn Group to develop a new building strategy.
Read the full article by Richard Gilbert “Work set to resume on Vancouver highrise” in the Journal of Commerce (August 24, 2009)
A little more about the tower (from Wikipedia)…
The Ritz-Carlton Vancouver (formerly referred to as Palm Court and Vancouver’s Turn) would have been a skyscraper in Downtown Vancouver, British Columbia, Canada. The 58 storey, 183 metre (600 foot) high, mixed-use tower would have been located at 1133 West Georgia Street, and was scheduled to be completed in 2011. The Ritz-Carlton would have been one of the two tallest buildings in the city, along with the Shangri-La tower.
The tower, designed by architect Arthur Erickson, would have been triangular in shape, twisting gradually with height up to 45 degrees from bottom to top. The building was described as having a ‘hyperbolic paraboloid’ form; the design is similar to the Absolute Tower and Turning Torso highrises. The developer, Holborn Group, was aiming for LEED Silver certification for the building. The 9 level derelict building formerly occupying the site was demolished.
Click image below for Google Earth Snapshot…