Prominent Vancouver real estate developer Peter Wall dies
"Peter Wall's legacy is woven into the very fabric of Vancouver. His bold vision, boundless generosity, and unwavering commitment to excellence have left an indelible mark on the city he so dearly loved," the development firm said in a statement Thursday.
"His deep love and admiration for Vancouver went far beyond its breathtaking scenery, it was the city that captured his heart and inspired his soul."
Wall, a Ukrainian immigrant of Mennonite heritage who came to Canada after the Second World War, died earlier this week, according to the statement.
He co-founded Wall & Redekop Corporation Ltd. in 1996, which later became Wall Financial Corporation and established him as one of the city's largest hospitality and residential developers.
Some of his most prominent projects include One Wall Centre, a 48-storey hotel with residential units in downtown Vancouver, and the Westin Wall Centre hotel in Richmond.
Wall Financial Corporation said that Wall controlled the company through his ownership and control of 54 per cent of the company's outstanding common shares. It said all of those shares will now pass to the Peter Wall Legacy Trust.
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