Vancouver hotel-condo project cancelled
February 26, 2010 by John Grasty · Leave a Comment
VANCOUVER — The half-billion-dollar Ritz-Carlton hotel-condo project in downtown Vancouver is officially dead – a victim of the global recession.
Buyers who purchased luxury condos in the proposed 60-storey tower are receiving letters informing them of the project’s cancellation this week.
The letter from lawyers representing developer Holborn Group states that “worldwide economic turmoil” has had a [...]
