Bringing out the Best in the Bay Building
Our vision for the future of this storied landmark
Our Commitment to Vancouver
With an eye toward the future, we’re shaping a plan for the evolution of 674 Granville Street—one that aims to retain Vancouver’s rich stories that the building embodies while restoring its original architecture and complementing it with features that will benefit the area and its residents. We have begun actively engaging with local First Nations with a view of including their stories and perspectives in how this landmark building is redeveloped.
Rebirth of the Building
The proposed changes range from structural additions that will reinvigorate the area’s retail and office spaces to renovations that will bring the building’s heritage-designated façade back to its former glory.
We aim to honour the building’s past by maintaining the heritage-designated terracotta façade, and we are in discussions with the city to preserve other attributes of significant character and heritage value.
The Bay Building’s proposed lower levels will strengthen the city’s green mobility connections with a central downtown hub connecting active and public transportation.
The existing floors of the building will be reconfigured into an all-new retail destination that transforms the existing space into an open and engaging experience.
A 12-floor structure will be built above the existing store, respecting the views of nearby buildings while remaining lower than Vancouver’s planned building height limits for the area.
ECONOMIC IMPACT
The revitalization of this iconic structure will have a significant positive impact on Vancouver’s people and economy, both during construction and on an ongoing annual basis.
$1.65 BILLION ECONOMIC OUTPUT IN BRITISH COLUMBIA TO BE GENERATED THROUGH CONSTRUCTION
7,950 CONSTRUCTION JOBS TO BE CREATED – OF WHICH 4,850 WILL BE IN VANCOUVER ALONE
$510 MILLION IN EXPECTED LABOR INCOME – $330 MILLION OF WHICH WILL BE IN VANCOUVER
Bike to Downtown
The lower levels of the Bay Building will create a transport hub, integrated with the existing downtown cycling network to add storage for around 1,500 bicycles and will provide direct access to transit and SkyTrain through new pedestrian links.
AN INVIGORATED DOWNTOWN STREETSCAPE
The newly renovated site will reactivate the street level and contribute to the long-term health of the city through the creation of office jobs and the retention of retail space.
A RETAIL EXPERIENCE READY FOR THE FUTURE
The Bay Building will offer a whole new retail environment for visitors to Hudson’s Bay and other new stores with a mix of dining and entertainment interspersed throughout a future-ready retail experience.
OFFICE SPACE THAT IS EXCITING TO RETURN TO
New office space for 5,000 workers will contribute to vibrant city life and help nearby shops and services thrive.
Space to Decompress
In addition to close connections with the local mobility network, the Bay Building will feature public and private spaces that offer respite and places to relax.
The revitalization of the street-level retail experience will replace the current “vertical” circulation model inside the building with an open escalator concept permeating 350,000 square feet of retail space.
A Breath of Fresh Air
Designed with the modern business environment and future workers’ needs in mind, the open spaces visible from the façade will be grand atria five stories high and planted with flora. Future office tenants will also be able to take advantage of planned rooftop gardens featuring spaces to work, mingle, and take in the broad views of Vancouver.
