Vancouver’s downtown Bay store to get a major facelift.

VANCOUVER — Downtown Vancouver’s iconic Hudson’s Bay Co. store will undergo a multimillion-dollar facelift inside and out beginning this spring in a bid by the U.S.-owner retailer to become the city’s fashion headquarters.

“It’s going to be absolutely beautiful, world-class,” said Bonnie Brooks, HBC president, of planned renovations to the 86-year-old structure at the intersection of Granville and Georgia Streets.

Blue Sky Properties has applied to the City of Vancouver to rezone 633 Main Street, at the Northwest corner of Main and Georgia, from HA-1A (Historic Area) District to CD-1 District. The proposal is for a 16-storey mixed-use building with ground-level commercial uses and 151 residential units. The proposal includes a density of 9.29 and a maximum height of 150 ft., and 158 parking spaces.

The site was sold to Blue Sky Properties in 2011 by Colliers. More information about the project can be found here.

Located at 9500 Erickson Drive in Burnaby, this 528 residential suite, 21 commercial unit, 4 tower property recently sold for approximately $100,000,000.  Built in 1973, the property currently produces $7,400,000 in gross income per year and sits on 7.5 acres of land.