Description

An immediate opportunity exists to pursue a new Casino license. This land parcel (3.2+/- acres) is 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 with branded condo residences on a Casino Retail Podium. 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; this site appeals to: International Hotel/Resort + Condo Developers, Casino Operators 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. A JV or VTB maybe available to a qualified Buyer. Buyer can pursue a Casino License at their own risk as Province has opened 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:66096)

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