Council to Vote on Credit Suisse Office Tower Proposal November 13
Courtesy of the Vancouver Sun
The historic Vancouver Stock Exchange building at the corner of Howe and Pender streets is poised to get a $200-million overhaul as part of a major commercial development proposed by global financial giant Credit Suisse.
City council will vote Nov. 13 on a rezoning application that would more than double the maximum density and allow for the construction of a 30-storey tower on the site, which includes an adjacent property on Pender Street.
The design calls for retail uses at street level topped by 369,000 square feet of new, premium office space.
City staff has recommended council approve the application, reasoning that it will contribute to Vancouver’s job space, economic development, heritage and sustainability objectives.