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Tuesday, February 20, 2024

The Anchor nears completion and offers exceptionally inspired restaurant, retail, potential Liquor Primary, showroom opportunities in Gastown

The Historic Anchor Hotel, Gastown’s latest, and one of the most ambitious heritage redevelopment projects, The Anchor at 99 Powell Street/90 Alexander Street is now in the final stages of completion. 

After years of meticulous planning and thoughtful design, this beautifully restored character building in the heart of Gastown, originally constructed between 1905 – 1912, is a full modernization of an original brick and masonry 4 storey structure.

The revitalization includes the vertical addition of two floor-to-ceiling glass levels, a brand new passenger elevator, and exceptionally upgraded restaurant/retail/potential liquor primary/showroom spaces at street level.   

Restaurant example. Credit: Supplied

With the classic vibrancy and charm of Gastown, new retailers continue to open in the area, including Arcade Showroom, Kit & Ace, CNTRBND, and the much anticipated Franco-Japanese fashion and music brand Maison Kitsuné’s first Canadian location. 

Additionally, as tech giant Microsoft plants a flag in the heart of Gastown with its new 300 employee, 75,000 SF offices now open, home grown tech firm Global Relay hiring an additional 250 employees, and staff returning to offices, this is an exceptionally strategic opportunity to capitalize in the resurgence of Vancouver’s original entertainment, tech and tourist district, Gastown.

Rendering of 99 Powell Street in Gastown
Rendering of 99 Powell Street in Gastown. Credit: Corbel Commercial

With commercial retail units designed for food operators in mind, each premise will be delivered with access to dedicated commercial vent shafts for commercial kitchens, grease-traps, new plumbing throughout, code-conforming washrooms, newly upgraded power service, state-of-the-art HVAC and mechanical systems, with municipal approvals for food primary establishments in place. 

Additionally, with three exceptional frontages along Powell Street, Alexander Street and Columbia Street, generous outdoor patio opportunities, character arched windows along Alexander & Columbia St. & an integrated folding door system on Powell St., The Anchor delivers multiple demising options ranging from 1,800 – 12,000 SF +/- and is available for fixturing immediately.

Contact Corbel Commercial Inc. for more information at 604.609.0882 or info@corbelcommercial.com

Gastown aerial
Gastown aerial. Credit: Supplied

About Gastown 

The birthplace of Vancouver. Iconic, internationally renowned historical area. Award-winning, mixed-use developments and heritage restoration projects. Home base of Industrial Light & Magic, Microsoft, and several homegrown tech and design firms. Destination for fashionable shopping and high-end home décor. Home to many of Vancouver’s award-winning independent cocktail-forward eateries. The original entertainment district. 

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