After 120 years in its current location encompassing 2 full city blocks in Downtown Vancouver, St. Paul’s Hospital is relocating from its current 6.6-acre Burrard Street site, leaving the site available for development. As the largest available development site in downtown Vancouver, St. Paul’s Hospital was positioned as a once-in-a-generation legacy development opportunity for developers to “build their vision” and unlock the potential of the site by building Vancouver’s next signature mixed-use towers on an expansive site in the downtown core, shaping the city’s skyline and future of Vancouver.
CBRE administered a comprehensive global marketing campaign that successfully reflected the prestige of this rare opportunity. After receiving unprecedented interest from global and domestic developers and investors, CBRE successfully completed the disposition of this site to Concord Pacific at full market value.