This Gastown project is finally moving ahead, after getting the thumbs up from the Urban Design Panel in 2015. This is a more recent render; the initial proposal is shown below.
The façades of the two storey 151 Water St will be retained, along with the seven storey neighbor at 157 Water. Originally three additional floors were proposed to be added in a complementary ‘heritage’ style, and 157 Water Street would have been redeveloped, with the façade ‘reconstructed’ to match the existing building, but with one less floor (so that floors line up across the entire structure).
The project now ends up with seven floors of office over retail and restaurant uses, around 95 feet high. The total space will be around 75,000 square feet and Musson Cattell Mackey are the architects.