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.