800 Granville property and approved redevelopment plans listed for sale | Daily Hive

March 2025 revised concept of the 800-876 Granville St. redevelopment in downtown Vancouver. (Perkins&Will/Bonnis Properties)

Bonnis Properties is testing the market for one of Downtown Vancouver’s most significant approved redevelopment sites — just months after securing rezoning approval for the transformative mixed-use project at the prominent southeast corner of the intersection of Granville Street and Robson Street.

The Vancouver-based developer has listed its 800 Granville Street property for sale through commercial real estate brokerages CBRE and Marcus & Millichap, marketing the site as a “generational investment opportunity” in the heart of the Downtown Vancouver peninsula.

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The offering encompasses nearly an entire city block, entailing the properties of 800-876 Granville Street — just kitty corner from CF Pacific Centre mall, roughly one block south of SkyTrain’s Vancouver City Centre Station and Granville Station, and at what is widely considered Vancouver’s busiest pedestrian intersection.

The developer’s long-held land assembly starts at the Robson Street frontage and ends just before the municipally-owned building with the Orpheum Theatre’s Granville Street entrance. It also includes the mid-block Commodore building with the Commodore Ballroom and the Commodore Bowling & Billiards.

Site of 800 Granville St., Vancouver. (Google Maps)

fifa world cup store 810 granville robson vancouver

FIFA World Cup store at 810 Granville St., Vancouver, before its opening, as seen on June 4, 2026. (Kenneth Chan)

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FIFA World Cup store at 810 Granville St., Vancouver, before its opening, as seen on June 4, 2026. (Kenneth Chan)

The listing comes just four months after Vancouver City Council unanimously approved the project’s rezoning application in February 2026, following years of planning and public consultation. The project has a long and storied history dating back to before the pandemic, when it was primarily proposed as a major office development that faced opposition from the City of Vancouver’s previous urban planning leadership.

Bonnis Properties has now spent more than eight years advancing the redevelopment concept, which was also the direct catalyst for the City’s Granville Street Plan for the span of the street in the city centre.

Kerry Bonnis, the principal of Bonnis Properties, has indicated that the listing allows him to explore options ranging from remaining involved in the project in some capacity to fully exiting the project.

“Large scale projects have their challenges and we engaged agents ideally to present the opportunity for partnership investment or if required an outright sale to see the development realized,” Bonnis told Daily Hive Urbanized today upon inquiry.

Existing condition:

Site of 800 Granville St., Vancouver. (Google Maps)

Future condition:

800 granville street vancouver revised 2025

March 2025 revised concept of the 800-876 Granville St. redevelopment in downtown Vancouver. (Perkins&Will/Bonnis Properties)

March 2025 revised concept of the 800-876 Granville St. redevelopment in downtown Vancouver. (Perkins&Will/Bonnis Properties)

The approved project would dramatically reshape the 800 block of Granville Street with two mixed-use towers rising 43 and 39 storeys, reaching heights of 451 ft. and 395 ft., respectively. Together, the development would deliver 565 secured purpose-built rental homes, including 492 market rental units and 73 below-market rental units rented at rates 25 per cent below Canada Mortgage and Housing Corporation’s (CMHC) Vancouver average.

The redevelopment would also include a 102-room boutique hotel across about 47,000 sq. ft. of hotel space, and over 130,000 sq. ft. of retail, restaurant, entertainment, commercial, and cultural uses across the first five levels. In total, the project would comprise about 670,000 sq. ft. of total building floor area.

A key feature of is the full retention of the historic mid-block Commodore building with the Commodore Ballroom — one of Vancouver’s most iconic live music venues — and underground bowling/billiards attraction. The project would also preserve the facades of four heritage buildings along Granville Street while integrating them into a new base podium structure. Plans further include a suspended bridge between the towers that would serve as bicycle storage and provide a distinctive architectural element above the development.

The project is positioned to play a central early role in the future transformation of Granville Street. The City’s Granville Street Plan, approved in June 2025, envisions the nearby intersection of Granville and Robson streets becoming a major public gathering space supported by large-format digital signage, enhanced public realm improvements (including the potential permanent vehicle-free transformation of the street over the long term), and intensified mixed-use development that enhances the street’s function as a safe and vibrant entertainment district.

800-876 Granville Street Vancouver revision bonnis march 2025 design

March 2025 revised concept of the 800-876 Granville St. redevelopment in downtown Vancouver. (Perkins&Will/Bonnis Properties)

March 2025 revised concept of the 800-876 Granville Street redevelopment in downtown Vancouver. (Perkins&Will/Bonnis Properties)

The marketing materials describe the property as an opportunity for a buyer to acquire a fully approved redevelopment project in one of Canada’s highest-profile urban locations, with the potential to shape the future character of Vancouver’s entertainment district and the evolving Granville Street corridor.

No asking price has been publicly disclosed.

According to BC Assessment’s roll, as of July 2025, the land assembly of properties at 800-876 Granville Street are valued at $151.5 million, including $67.8 million for land value and $83.7 million for structure value. This includes $58.4 million for the Commodore building, including $25.2 million for land value and $33.2 million for structure value.

For decades, Bonnis Properties has been one of the largest property owners on the Granville Strip, but in recent years the company has been disposing of some of its major assets, such as the sale of the Best Buy/Marshalls retail building at 798 Granville St., located immediately north of 800 Granville Street.

The developer also explored selling the 2024-built, four-storey office and retail building located mid-block at 978 Granville St., which is now home to businesses such as KFC and Taco Bell, as well as the relocated Canada Passport Office (previously at Sinclair Centre) and Cornerstone International Education. Earlier this year, a childcare facility for about 180 kids was approved for the building’s top office floor.

About half a year ago, Bonnis Properties also submitted a rezoning application to turn 1105-1109 Granville St. — at the southwest corner of the intersection of Helmcken Street and Granville Street — into a 35-storey, mixed-use tower with hotel, secured purpose-built rental housing uses, and retail/restaurant uses.

All three projects — 800 Granville St., 978 Granville St., and 1109 Granville St. — are designed by the Vancouver office of architectural firm Perkins&Will.

This past spring, a major historic property just to the north changed hands through a court-supervised receivership process. Local developer Onni Group acquired the former Hudson’s Bay Vancouver flagship department store building for its redevelopment potential.

1105-1109 Granville Street Vancouver hotel

Concept of 1105-1109 Granville St., Vancouver. (Perkins&Will/Bonnis Properties)

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