A listing has been released for the sale of a hotel in Vancouver’s premiere shopping district.
A new owner is wanted for the Greenbrier Hotel, a three-storey, 33-suite property at 1393 Robson Street.
The hotel’s location at the northeast corner of Robson and Broughton streets is kitty-corner to the former Empire Landmark Hotel.
The Greenbrier is also across from what was once the Robsonstrasse Hotel and Suites.
The Empire Landmark and Robsonstrasse hotels on Robson Street have been demolished to make way for new developments.
The listing for the Greenbrier’s sale was released by the Goodman Commercial Inc.
The announcement is billed as a potential development opportunity in the city’s West End neighbourhood.
According to the listing, the new owner has a number of options, like operating the hotel “as is”.
Another is to renovate the hotel as a “higher-end luxury offering”. As the listing notes, “there is severe shortage of hotel space in Vancouver’s Downtown core”.
The new owner can also “redevelop the property on its own under the existing zoning”.
Or, “assemble with the neighbouring site”, which is the adjacent Tropicana Suite Hotel at 1361 Robson Street, in order to “maximize in a larger mixed-use tower form”.
No price was indicated in the sale listing.