Both projects have been approved:
424 West Pender http://rezoning.vancouver.ca/applications/424wpender/index.htm
454 West Pender http://rezoning.vancouver.ca/applications/454wpender/index.htm

Photos from March 14, 2017.
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Rendering for 454 West Pender:

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Love it. It's good to have some finer grained developments happening Downtown. Would have been good if they could have had a bit more height though, at least matching the building at the end of the block.
 

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