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Home / Business and Economy / Iconic Chinatown Restaurant Shutters After Decades of Service

Iconic Chinatown Restaurant Shutters After Decades of Service

31 Oct

•

Summary

  • Floata Seafood Restaurant, a large seafood restaurant in Vancouver's Chinatown, has closed
  • The city posted a lease termination notice on the restaurant's door
  • The restaurant was known for hosting large banquets and had up to 1,000 seats
Iconic Chinatown Restaurant Shutters After Decades of Service

In a significant development for Vancouver's Chinatown, the iconic Floata Seafood Restaurant has closed its doors. The city posted a lease termination notice on the restaurant's door on October 24, 2025, indicating that the establishment's lease had expired on September 30 and the tenant had failed to provide a clear plan for future operations.

The Floata Seafood Restaurant was a long-standing fixture in the community, known for its large open spaces that could accommodate up to 1,000 guests for banquets and other events. The closure of this establishment has left a void in the city's culinary landscape, as it was a hub for Lunar New Year celebrations and other major community gatherings.

According to Vancouver Councilor Pete Fry, the Floata was "quite an anchor" for Chinatown, with the councilor himself attending dozens of banquets at the restaurant over the years. The closure of this establishment is expected to pose a challenge for the city in hosting large-scale events in the future.

The city has stated that it plans to lease the space to a new tenant and is currently in discussions with "a number of potential operators." However, the process of finding a suitable replacement and undertaking necessary tenant improvements is likely to result in a lull in activity at the site.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The Floata Seafood Restaurant, a large seafood restaurant known for hosting banquets, has closed after the city posted a lease termination notice on its door.
The city cited the restaurant's failure to provide a clear plan for future operations and significant rent arrears, including unpaid COVID-era rental support, as the reasons for terminating the lease.
The closure of the Floata, which had up to 1,000 seats and was a hub for Lunar New Year and other major events, will pose a challenge for the city in hosting large-scale events in the future, according to Councilor Pete Fry.

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