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The subject property is prominently located steps from the southeast corner of East Pender and Main Streets in the heart of Chinatown with frontage on East Pender Street. Main Street is one of the principal north-south thoroughfares bisecting Vancouver, facilitating an average of 33,000 vehicles per day as it intersects East Pender Street. Vancouver' s Chinatown is North America' s second largest Chinatown after San Francisco and is rapidly transforming into a vibrant mixed-use, pedestrian-friendly neighbourhood with numerous mixed-use developments. Pender Place benefits from its proximity (driving or walking) to the downtown core, False Creek, Yaletown, Gastown, Crosstown and Railtown neighbourhoods.