A 30-storey hotel tower is proposed for a mid-block site on Seymour Street, between Robson and Smithe in downtown Vancouver.
The project is being proposed by Forme Development and Paul Y. Construction (B.C.) Ltd., a private company wholly owned by the Tso family which originated from Hong Kong. Architects are Perkins & Will.
The new hotel will contain 393 hotel rooms and four levels of underground parking, consisting of 59 vehicle parking spaces and 33 bicycle parking spaces.
The project team says the project will deliver urgently needed hotel rooms downtown.
“From 2020 to 2030, the annual hotel room night demand in Metro Vancouver is projected to increase from 7.5 million nights to 8.8 million room nights.”
The developer is asking for an expedited approval process of 18 months from the city in order to ensure the hotel is open for the 2026 FIFA World Cup.
According to the BC Ministry of Tourism, hosting the FIFA World Cup will “increase tourism dollars by $1 billion during and within five years of the event.” It’s estimated that the event would bring 3,300 jobs, and 174,000 overnight visitors paying for over 292,000 rooms in Vancouver.
A ‘Skyroom’ at the rooftop of the tower will provide additional hotel amenity space and offer guests stunning views of downtown Vancouver.
The hotel proposal is next to another recently announced redevelopment: plans by the Bene Group to redevelop the old Hollywood North building into an office building with a heritage retention component.