Description
An exceptional opportunity exists to acquire and develop a land parcel (3.2+/- acres) strategically located within the Niagara Falls hotel Entertainment and Tourism Core with elevation views to Niagara Falls, one of Canada's most visited destinations (14 + Million visitors annually). The site is ideally suited for high-rise hotels integrated with branded condo residences, capitalizing on tourism, international brand recognition, and strong investor demand. This development concept aligns with Niagara Falls' evolution toward luxury hospitality, experiential tourism, and branded residential offerings. Location Highlights: Prime Location with Niagara Falls views and frontage on Stanley Avenue providing good access. It is located a very short distance from Marine Land at the southern entrance of the Entertainment and Tourism Core. The site is within walking distance to attractions including Marine Land, the OLG Theatre, the Fallsview District, the Niagara Falls Convention Centre and the Fallsview Casino Resort. Ideal for a Hotel + Branded Condo Residences Model; this site appeals to: International Hotel/Resort + Condo Developers and International investors. Conceptual plans envision pursuing development approvals for two towers (35 stories each) containing approx 1,500 hotel/residential units over a shared retail and parking podium. Ancillary components may include: a signature restaurant and rooftop lounge observation deck.. Spa / wellness facilities; Meeting & event space. Retail or experiential ground-floor uses. ite outright or in part through a severance consent or plan of condo process. A VTB maybe available to a qualified Buyer. There might be a future opportunity to pursue a Casino License if Province opens the market. The List Price of this property for one dollar does not legally require the seller to sell it for that price, as it is considered an"invitation to treat" rather than a binding offer. The property is being sold via a competitive bidding process (id:60351)
Overview
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MLS#: X12714356
Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.
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