80 Powell Street presents a rare opportunity to develop a boutique hospitality asset at the eastern gateway to Gastown, one of Vancouver’s most iconic and culturally significant neighbourhoods. The site is currently improved as a surface parking lot and is the subject of an active development permit application for a 13-storey or 14-storey hotel with a destination rooftop restaurant. The proposed development has been thoughtfully designed to integrate with Gastown’s historic context, referencing the site’s former CPR railway alignment and off-grid orientation while introducing contemporary architecture that complements the surrounding heritage streetscape. A setback, double-height ground floor creates a highly permeable pedestrian realm, strengthening connections between Powell Street, the laneway, and adjacent public spaces. Crowning the building, the rooftop restaurant is envisioned as a publicly accessible destination offering panoramic views over the downtown waterfront, port facilities, Burrard Inlet, and the North Shore mountains. Positioned as a modern counterpart to Gastown’s historic western gateway, the project is designed to anchor the district’s eastern edge while contributing to the area’s continued revitalization and long-term economic vitality. 80 Powell Street offers investors a compelling opportunity to participate in the next chapter of Gastown — blending hospitality, placemaking, and heritage-sensitive design in a highly visible urban location.