A new $535 million super complex at BC Place, which will house a casino, two boutique hotels and numerous restaurant/retail spaces, has been given the go-ahead by Vancouver City Council.
A video released by 360 Vox, Dundee Corporate and Paragon shows how the property has been envisioned as an urban and “iconic” Vancouver landmark which has been inspired by its “mountains, escarpments, gorges and valleys”.
The new structure will be built adjacent to the Cambie St bridge and will replace the current Edgewater Casino found at the Plaza of Nations.
The new casino portion of the complex will house a 72,000 square foot gambling floor and have approximately 550 guest rooms. The overall square footage will occupy 675,000 square feet of land.
The new casino however will not accommodate any additional gaming tables or slot machines than the 600 slot machines and 75 gaming tables currently found at the current Edgewater Casino. This was a stipulation for approval by council.
Also, there will be limited ATMs and hours of liquor service and operating hours will also be restricted.
Pavco remains the landowner and will lease the space to build the complex to Paragon over a 70 year term.
Look for construction to start late next year with a target opening date of late 2016.
