The Developer

The Pantages theatre and the four buildings adjoining on the west are owned by developer Marc Williams under 0725105 BC Ltd. Mr. Williams is also the VP of the West Coast Division at Worthington Properties Inc. whose headquarters are in Edmonton. The Vancouver office is currently located at the Koret Lofts at 55 E. Cordova St.

Marc Williams has an extensive background in innovative heritage restoration and conversion projects, the most recent of which is the Koret Lofts in Gastown. The Koret Lofts is Vancouver’s first commercial work/live building of its kind. Previous heritage conversion projects of Mr. Williams’ with Worthington Properties are located in downtown Edmonton, including the city’s first federal RRAP housing project transformed from a century-old brick warehouse into affordable housing units. The innovation in this project included a co-gen system providing free electricity, heat, and hot water to the tenants.

Mr. Williams acquired the theatre and adjacent properties in 2005 with the vision of restoration and development of affordable housing for the neighbourhood, in addition to the new theatre lobbies and Black Box Studio, which he targets for completion by 2010.