Donald Trump was joined by daughter Ivanka, sons Donald, Jr., and Eric, in Vancouver, British Columbia, yesterday for the announcement of the newest Trump-branded hotel and residences, an iconic property for a global city.
The new 63-story tower, to be known as Trump International Hotel & Tower Vancouver, will be developed by Holborn Group with the Trump Organization involved in the hotel management, branding, design and quality control. The $360 million development is to be located at 1151 West Georgia Street in Downtown Vancouver’s Coal Harbour district, a site formerly earmarked for a Ritz Carlton Hotel and Residences which was cancelled during the financial crisis of the last decade.
The signature design of Trump International Hotel & Tower offers a twisting floorplate with a hyperbolic paraboloid form designed to maximize light and air and ensure that each hotel suite and residence has unique views. The architect, Arthur Erickson, was a prolific Canadian modernist who passed away in 2009.
The hotel will offer 147 guest rooms, with a champagne lounge, signature restaurant, Palm Beach-inspired Mar-A-Lago Spa, Trump Attaché concierge services, conference facilities, and a poolside bar and nightclub. Upstairs, the tower will offer 218 luxury residences ranging from 644 to 4400 square feet (60 to 409 square meters). Prices have not yet been released as sales of the residences are anticipated to commence this fall, with construction anticipated for completion in summer 2016.
Vancouver has long been established as an international property investment destination, particularly with Asian buyers from across the Pacific Ocean. The addition of the Trump brand should only help to attract attention from luxury property buyers from around the globe. Joo Kim Tiah, CEO and president of Holborn Group and deputy CEO of TA Global Bhd., forecasted that “Trump International Hotel & Tower Vancouver will become a new symbol for Vancouver and will solidify the city’s arrival on the international stage.”
“We are thrilled to be bringing the Trump flag to Vancouver as it has become a world-class city in its own right,” added Donald J. Trump. “When looking at expanding our portfolio, we felt this was a market that held great potential for our brand. As we continue to grow globally, our goal is align ourselves with the best opportunities – and we know the Trump International Hotel & Tower Vancouver will be like no other hotel and residential offering.”
As one of the two tallest buildings in Canada’s Pacific metropolis, with a remarkable design, great location, and superlative services, we will not be surprised when buyers cross oceans for a closer look at Trump International Hotel & Tower Vancouver.