03/12/2014 08:18 EDT | Updated 03/14/2014 07:59 EDT

Douglas Coupland Designs Gold Hollow Tree Replica In Vancouver (PHOTO)

If you've ever spent a day (or 10) wandering through the greenery of downtown Vancouver's Stanley Park, you've undoubtedly come across the famous Hollow Tree.

The majestic (and literally hollow) tree has huge significance for many — even, as it turns out, beloved artist and Vancouverite Douglas Coupland.

Coupland was commissioned by real estate developer Intracorp to create a sculpture for display outside of its new MC2 condo and retail development at Southwest Marine Drive and Cambie. Coupland came up with a sculpture version of the Hollow Tree, the plan for which he unveiled Wednesday.

"My decision was to create a mirror image of the Hollow Tree, as though the real tree had been teleported across the city to compensate for the city’s new centre of gravity," Coupland said in his artist's statement.

Aptly named "Golden Tree," it will be made out of steel-reinforced resin and fiberglass encased in a gold patina finish, according to a press release. It will stand at 43 feet in front of a 25 by 40-foot image of Stanley Park.

"To the uninitiated this new golden tree becomes a sacred object — a reminder of nature’s abundance that allowed the city to become what it is — as well as an acknowledgement that we have a relationship with nature and aren't foolish enough to think that we created what we did all on our own."

It is set to be installed in 2015.

See more photos:

Photo gallery Douglas Coupland's "Golden Tree" See Gallery

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