WAN Awards

WEDNESDAY 31 AUGUST 2016

SEARCH   
 
Previous Next
 

The Residence "Twisted Tower", Vancouver, Canada

Thursday 26 Feb 2009
 

$half billion condo project scrapped

 
The Residence "Twisted Tower" by WAN Editorial in Vancouver, Canada
 
 
Your comments on this project

No. of Comments: 0

Add comments | More comments

Be the first to comment
 
Editorial

Vancouver’s Twisted Tower project cancels following poor sales 

An upscale 60-storey hotel condo project planned for downtown Vancouver has been officially cancelled after construction was halted at the site in October.

Developed by the Holborn Group and designed by noted Canadian architect Arthur Erickson, the twisted tower, as the project was called, was to house a luxury Ritz Carlton hotel on the lower floors with 123 luxury condos above ranging from $2.5 to $10 million with a penthouse unit priced at $28 million.

Joo Kim, president of Holborn, said they had not achieved the sales needed to continue the project. “Only 62 units had been sold, not enough to move ahead and complete the project by 2011”, Kim said. The developer is sending letters to the buyers this week, informing them their contracts have been cancelled and their deposits will be returned.

Sharon McHugh
US Correspondent

Key Facts

Status Planning
Value 0(m€)
WAN Editorial
worldarchitecturenews.com

More projects by this architect

FRP Bridges: Tech Spot #66

Reford Gardens: Tech spot #65

London City Airport

Tech Spot #61: HOUSE1

Liverpool Street Station

More Projects

 
WIN Awards 2016
WAN Business Information
ECOWAN
 

Click here to view the NEWS IN PICTURES tablet site