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1129-1155 Granville Street, Vancouver, BC

Active - For Sale

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Luk Real Estate Group presents the unique opportunity to acquire a rarely available hotel development site in the heart of the Granville Entertainment District. As Vancouver continues to see hotel room rates rise and with demand projecting to outstrip supply in the coming years, a new hotel is needed in this changing neighbourhood. The nearby rezoning at 1167-1193 Granville Street, which proposes a 33-storey hotel on the corner of Granville and Davie Street serves as an excellent precedent for the changing landscape of this block on Granville.

Downtown Vancouver is the city’s vibrant core, where urban energy blends seamlessly with natural beauty, offering stunning views of mountains and Burrard Inlet. Anchored by the bustling Granville Entertainment District, stretching from Robson to Drake, this area thrives with life day and night. As night falls, neon-lit bars, clubs, and theaters bring the district to life with an electric nightlife scene. Major redevelopment is reshaping the skyline with new skyscrapers, businesses, luxury hotels, and residences, enhancing Vancouver’s global appeal and solidifying its reputation as a thriving destination for both locals and visitors.

  • Prime Location: Situated in the heart of Vancouver’s lively Granville Entertainment District, known for its vibrant nightlife, upscale shopping, and cultural attractions.
  • High Visibility: Located on Granville Street, this site benefits from high foot traffic and visibility, drawing in tourists, locals, and business travelers alike.
  • Increasing Demand for Hotel Space: With rising hotel rates and demand outpacing supply, this site presents a lucrative investment for meeting the area’s growing need for accommodations.
  • Nearby Redevelopment Precedents: The nearby rezoning proposals for hotel buildings, sets a strong precedent, signaling further transformation in this rapidly evolving neighbourhood.
  • Thriving Redevelopment Scene: The area is undergoing major growth with new skyscrapers, luxury hotels, and residential spaces, enhancing the district’s appeal as a global destination.

About

Luk Real Estate Group presents the unique opportunity to acquire a rarely available hotel development site in the heart of the Granville Entertainment District. As Vancouver continues to see hotel room rates rise and with demand projecting to outstrip supply in the coming years, a new hotel is needed in this changing neighbourhood. The nearby rezoning at 1167-1193 Granville Street, which proposes a 33-storey hotel on the corner of Granville and Davie Street serves as an excellent precedent for the changing landscape of this block on Granville.

Downtown Vancouver is the city’s vibrant core, where urban energy blends seamlessly with natural beauty, offering stunning views of mountains and Burrard Inlet. Anchored by the bustling Granville Entertainment District, stretching from Robson to Drake, this area thrives with life day and night. As night falls, neon-lit bars, clubs, and theaters bring the district to life with an electric nightlife scene. Major redevelopment is reshaping the skyline with new skyscrapers, businesses, luxury hotels, and residences, enhancing Vancouver’s global appeal and solidifying its reputation as a thriving destination for both locals and visitors.

features

  • Prime Location: Situated in the heart of Vancouver’s lively Granville Entertainment District, known for its vibrant nightlife, upscale shopping, and cultural attractions.
  • High Visibility: Located on Granville Street, this site benefits from high foot traffic and visibility, drawing in tourists, locals, and business travelers alike.
  • Increasing Demand for Hotel Space: With rising hotel rates and demand outpacing supply, this site presents a lucrative investment for meeting the area’s growing need for accommodations.
  • Nearby Redevelopment Precedents: The nearby rezoning proposals for hotel buildings, sets a strong precedent, signaling further transformation in this rapidly evolving neighbourhood.
  • Thriving Redevelopment Scene: The area is undergoing major growth with new skyscrapers, luxury hotels, and residential spaces, enhancing the district’s appeal as a global destination.
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* 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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