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City of North Vancouver Green Lights Waterfront Hotel in the Shipyards District
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(Posted on Aug 31, 2016 at 01:00PM by Michelle Bogle)
The City of North Vancouver has given its go-ahead for a waterfront hotel as part of an ambitious mixed-use development on the final parcel in the city-owned Shipyards District.Â
Known as Lot 5, the parcel is slated to become an interactive, year-round centre that will feature the Lower Mainland’s largest outdoor skating rink in the winter and a water play area in the summer, covered by a retractable roof. In addition to the hotel, the site will also offer 64,000sq. ft. of commercial space, including a restaurant and other retail spaces.
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In recent months, the site has undergone environmental remediation and has been leveled for construction. Building is expected to begin on the site early next year, with the centre slated to open in late 2018. Quay Property Management Corp. has been selected by the city to develop the $35-million project.
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As the development prepares to break ground, QPM is in the process of selecting a hotel operator for the building. The small hotel is expected to host 60 to 70 rooms and offer a higher-end experience to visitors.
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As for the commercial space, it will feature mixed-use retail, restaurants and various commercial uses, which will bring the waterfront site to life in a number of exciting ways – a space that has sat largely unused since 1992 when industrial operations ceased on the land.
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“This project is going to provide the community with a new level of interaction with the City’s waterfront, and will be providing new businesses with a truly unique environment to operate in,†says Gary Mathiesen, President of QMP. “The result will be a world-class destination for year-round activity in the Shipyards. We are honoured to be a part of the continued growth of this vibrant community.â€
For more information regarding this development, including project renderings, please click here.
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