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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.
The three consolidated buildings that make up 855 Granville Street are located in the core of downtown Vancouver’s entertainment district, between Robson Street and Smithe Street. This site marks an important piece of the city’s history forming part of the iconic ‘Theater Row’, a name coined during the 1920’s while Granville Street was home to ten theaters within a five-block radius. The Street thrived with numerous attractions, hotels and bright neon light signage persevering through its up and down development caused by the Depression, WWII and increasing popularity of the home television. Today Granville is still regarded as Vancouver’s most vibrant street, with neighbouring tenants such as Nordstrom, Holt Renfrew, Joe Fresh, Shoppers Drug Mart, The Keg, The Bay, Top Shop, Adidas, Urban Outfitters and many more. The property is just 1 block from Pacific Centre Shopping Centre (±1 million SF enclosed mall), Nordstrom, and both the Canada Line and Expo Line SkyTrain stations. The subject property is a Heritage Conversion that will transform the entire former Empire Theatre complex into a 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 deco frieze from 1938 Paradise Theatre. The renovation taking place on 855 Granville will further consolidate and modernize the three buildings with a brilliant new articulated glazed look while respecting the existing heritage building facades.