From Gordon Price's Price Tags blog —The Most Important Thing That Never Happened in Vancouver

Project 200 along the Burrard Inlet waterfront would have required the demolition of everything from Granville Street, including most of the heritage buildings in the Sinclair Centre, to Cambie Street, including most of Gastown to Woodwards. You can see the remaining W sign at the far left centre. Granville Square was the only part of the project actually constructed – which is the reason there’s a yawning entrance to a parkade at the foot of what was once our most prestigious street.

The main feature though is the waterfront freeway, connecting the Chinatown Freeway with the proposed Third Crossing, off to the right. It would have been part of a loop surrounding the entire central business district. More here.