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INDUSTRIAL WAREHOUSE
475 Clark Drive, Vancouver, BC
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Located in the heart of Downtown Vancouver’s Granville Entertainment District, 1129–1155 Granville Street represents a rare opportunity to acquire a prominent hotel development site within one of the city’s most active and evolving corridors. Luk Real Estate Group presents this unique opportunity to acquire a rarely available assembled site comprising approximately 15,000 square feet with 125 feet of frontage along Granville Street, situated mid-block on the west side of Granville Street between Helmcken Street and Davie Street.
The property benefits from strong redevelopment momentum, with two significant rezoning precedents within the same block: an approved rezoning application at 1167–1193 Granville Street for a 33-storey hotel at 21.79 FSR, and an active rezoning application at 1105–1109 Granville Street for a 35-storey hotel and market rental building at 24.11 FSR. These precedents underscore municipal support for increased height and density for hotel development along Granville Street, enhancing the long-term value and redevelopment potential of the subject property.
Located in the heart of Downtown Vancouver’s Granville Entertainment District, 1129–1155 Granville Street represents a rare opportunity to acquire a prominent hotel development site within one of the city’s most active and evolving corridors. Luk Real Estate Group presents this unique opportunity to acquire a rarely available assembled site comprising approximately 15,000 square feet with 125 feet of frontage along Granville Street, situated mid-block on the west side of Granville Street between Helmcken Street and Davie Street.
The property benefits from strong redevelopment momentum, with two significant rezoning precedents within the same block: an approved rezoning application at 1167–1193 Granville Street for a 33-storey hotel at 21.79 FSR, and an active rezoning application at 1105–1109 Granville Street for a 35-storey hotel and market rental building at 24.11 FSR. These precedents underscore municipal support for increased height and density for hotel development along Granville Street, enhancing the long-term value and redevelopment potential of the subject property.
* NOI stands for Net Operating Income. The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.
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