In December 2019, Manulife Investment Management submitted a development application for a 59 storey rental tower at Church and Charles, where the 7 storey Traders Building presently stands.
Manulife had held two community consultations in the preceeding months. At the second community consultation on October 2, Manulife polled community members as to whether they would choose to preserve the current building's facade or to have the building demolished in exchange for more green space.
Subsequent to that meeting, Manulife submitted its proposal to the City. The development would be a 59-storey mixed-use building, inclusive of a 6-storey podium which preserves the facade of the Traders Building. The building will house commercial tenants on the lower levels, with 651 residential units in the tower.
For more information, see the City's Development Application page for the project, or consult our Interactive Map.