06/29/2025
New project proposed for Vancouver.
Here’s a summary of the Holborn Group’s proposed $2.8 billion project in Downtown Vancouver:
⸻
🌆 Project Overview
• Developer/Architect: Holborn Group in partnership with Henriquez Partners Architects 
• Scope & Scale:
• Three-tower complex (68‑, 69‑, and 80‑storeys) on two blocks bounded by West Georgia, Richards, Seymour, and Dunsmuir
• Includes a separate 38-storey building at 388 Abbott St. in the DTES 
⸻
Key Components
1. Market Housing – 1,288 condos/apartments
2. Rental Units – 273 homes, including family-sized units 
3. Social Housing – 378 non-market units at Abbott St.
• Largest standalone social housing project in Vancouver’s history
• Includes a childcare facility (37 spaces), Indigenous art gallery (~5,150 sq ft), and artist-in-residence spaces for Musqueam, Squamish, and Tsleil-Waututh Nations 
4. Hospitality & Conference –
• A 920-room hotel (would be B.C.’s tallest at 1,033 ft)
• Over 70,000 sq ft of meeting/conference space with three ballrooms 
5. Public Realm & Culture –
• Plaza at West Georgia & Seymour with First Nations art
• Three-level public observation deck and garden on hotel
• A 250-seat restaurant and water-feature pedestrian routes 
⸻
Design & Sustainability
• Inspired by glass sponge reefs—structures that support habitat, filter carbon, and aid ocean ecology 
• Proposed embodied carbon emissions ~50% below City of Vancouver standards 
⸻
Heritage & Site History
• Dunsmuir House at 500 Dunsmuir was demolished last December due to structural instability; façade isn’t being preserved 
• Randall Building façade (1929 heritage) to be integrated as public art canvas by contemporary Indigenous artists 
• Holborn’s rationale: remediation costs skyrocketed, making demolition more practical 
⸻
Timeline & Status
• Rezoning applications submitted; expected to proceed to public hearing in ~2 years
• Full build-out could take over a decade 
⸻
Community & Political Reaction
• Mayor & Councillors (Maloney, Orr, Kirby‑Yung, Meiszner, Klassen) have mixed views:
• Praise for ambition and design quality
• Excitement over housing, hotel, childcare, and public benefits
• Concerns about Holborn’s past, SRA bylaw fees, heritage loss, and ensuring truly affordable housing 
⸻
Bottom Line
Holborn’s proposal is a transformative, mixed-use mega-development combining market housing, a major hotel, convention space, and what could be Vancouver’s largest standalone social housing contribution—anchored by cultural and sustainability features. It redefines the downtown skyline and public realm. The project is under review by city staff and council, with broader community consultation and political debate still ahead.
A hotel, condos, rental housing, social housing and an Indigenous art gallery will span several properties, including in the Downtown Eastside.