Why the Kiewit is coming to Vancouver’s Downtown Eastside

Why the Kiewit is coming to Vancouver’s Downtown Eastside

The city is planning to build the world’s tallest building on a hilltop in the heart of downtown Vancouver, with a $20 million price tag.

The new tower, dubbed the Kool-Aid Hill, is expected to be finished in 2019 and will have an estimated cost of $25 billion, said a press release from city staff Tuesday.

It will sit at 1,918 metres above sea level and will be the tallest building in the world.

Kool-aid Hill will include a parkland and a residential neighbourhood.

The Kool Aid Hill will have a pedestrian plaza with bike lanes, pedestrian islands and a public plaza.

The site is located at the corner of the intersection of Victoria Avenue and Seymour Street, between the old and new Victoria Market, the city said.

The area is also bounded by Victoria Street and Richmond Street.

Construction on the project is expected by the end of the year, and it will take two years to complete, the release said.

The tower will be one of five planned for Vancouver, but the city has yet to announce which projects will be in the final stages of construction.

“I think the community has been quite supportive, and we’re very excited to be getting it up here,” said Rob Gorman, president of the Greater Vancouver Chamber of Commerce.

The announcement comes a month after the city unveiled its first plans for the future of the K-Street Bridge.

Gorman said he’s hopeful the Koo-Aid is a sign that Vancouver is going to be “a city of people and commerce.”

“It’s really good for people to be able to walk around, go for a coffee or lunch or just have a nice conversation with their friends,” he said.

“And I think it’s a great example of a public infrastructure that works, and is designed to work in a world that is changing so rapidly.”

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