East Vancouver's Waldorf Hotel is closing down.
The Waldorf has been sold to a real estate company that plans to put up condos.
The hotel was built back in 1947, and after some pretty run-down years, made a comeback in 2010 with a new look and attitude.
The hotel will be closed as of January 20th.
Mayor Gregor Robertson has issued the following statement on the Waldorf:
"The Waldorf closing is a big loss to Vancouver’s growing creative community. They built a great culture hub, and it’s my hope that they’ll be able to re-launch and return in some form in the near future. Supporting Vancouver’s dynamic arts and culture sector is a top priority of our City Council, and the City is exploring ways to support the Waldorf continuing as one of Vancouver’s most unique and vibrant cultural spaces."
Additional background from the Mayor’s Office:
The site at 1489 East Hastings is currently zoned for mixed-use commercial purposes, not residential development.
Any change in zoning would require extensive neighbourhood consultation and approval by City Council.