After sitting vacant for years, the Park Hotel in downtown Grande Prairie will be demolished. On Monday afternoon, city council agreed to enter into a lease with the building’s current owners, who plan to demolish it and construct a six-storey multi-use building in its place.

The hotel has sat on 100 Avenue boarded up and covered in graffiti for the past 11 or 12 years now. Infrastructure and Economic Development Director Brian Glavin says the city can’t wait to see some work start on the building.

“I think we’re all excited to see a new project go up downtown and if the Park Hotel comes down with it I think we’re even more excited.”

Glavin says the building should be down by at least April 2020, with the construction of new units hopefully starting soon after.

“Twelve months after signing the agreement they need to have started construction, so assuming we get that signed before the end of the year you should see construction starting before the end of 2020.”

The total cost to the building’s owner for demolition and construction is currently sitting at around a minimum of $25 million.