1129-1155 Granville Street, Vancouver, BC

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. 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.