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The property is situated on Granville Street in the heart of Vancouver’s Granville Entertainment District. With close proximity to the Skytrain and Canada Line Rapid Transport Railway stations, 855 Granville Street enjoys high pedestrian traffic both throughout the day and well into the evening. Area tenants include Pacific Centre shopping mall, Nordstorm as well as countless restaurants, retailers, bars and nightclubs. The subject property is a Heritage Conversion that will transform the entire former theatre complex into three building mixed-use commercial and retail space. The Heritage facades originally from 1893 Palms Hotel will remain part of the conversion, as well as the Art Deco frieze from 1938 Paradise Theatre.