Cornell Developments Ltd has sold the land, building, and business at 3020 Blanshard Street to the Province of British Columbia.
Comfort Inn & Suites – The Property
Lot size: 120,721 sqft (irregular)
Net building area: 8,584 sqft (151 hotel rooms)
Year built: 1987
Zoning: C-1 Limited commercial district
OCP: General Employment
2019 Assessment: $14,175,000
Purchase Price: $18,500,000
Conveniently located across from Topaz Park where over 300 homeless have been camping since the COVID19 pandemic. According to the government, the hotel will immediately be used to provide safe shelter for people living in homeless camps, and the province will engage with the local community to determine how the hotel will be configured for affordable housing after that.
According to the province, 65 rooms are available immediately to provide housing to vulnerable populations. The hotel will be operated by Our Place Society.