Hudson's Bay liquidates Vancouver stores
This is a Vancouver news story, published by vancouversun, that relates primarily to Jerry Daniels news.
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downtown Vancouvervancouversun
•Entertainment
Entertainment
What will be the future of Vancouver's Hudson's Bay store?
71% Informative
The Hudson's Bay store in downtown Vancouver is a city-designated heritage site on top of major transit lines.
The six -storey building on the corner of West Georgia and Granville streets is in need of significant upgrading that will cost a lot of money.
With transit lines underneath and major office towers all around, this building can’t be empty for four or five years .
The estimated price tag for the downtown Vancouver building has more than doubled from $130 million to $310 million .
Grand Chief Jerry Daniels said the rise in cost was related to supply chain pressures, inflation and U.S. tariff threats on construction materials.
There are vertical marketplaces seen in Tokyo and Mexico City with spaces for small restaurants and other companies.
VR Score
73
Informative language
71
Neutral language
65
Article tone
semi-formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Source diversity
6
Small business owner?