Property 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 condominium residences, capitalizing on year-round 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. Property has frontage on Stanley Avenue providing good access and 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, International investors, Lifestyle purchasers & investors. Conceptual plans envision pursuing development approvals for two towers (35 stories each) containing approximately 1,500 hotel/residential units over a shared retail and parking podium. Ancillary components may include: a signature restaurant and rooftop lounge with an observation deck.. Spa / wellness facilities; Meeting & event space. Retail or experiential ground-floor uses. There is the opportunity to purchase the site outright or in part (phased) through a severance consent or plan of condominium 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 up. The property is being sold via a competitive bidding process, with a hidden reserve price. (id:63357)
Property Details
- Property Type
- Land
- Living Area
- 3 sqft
- Status
- Active
Location & Neighborhood
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