Merchant House capital is planning to redevelop the NW corner of Fort and Blanshard into a hotel:
Per the DRA: "The proposed plan is to develop the NW corner of Blanshard and Fort, with a unique tower design for modern low-staff hotel catering to tech industry/millennials. The remainder of the block, including The Montrose Building, will be maintained with residential and small CRUs (which are being renovated as vacancies arise)."
The CALUC meeting is January 29 @ Christ Church Cathedral; the developer is Merchant House Capital. Given that the proposed height is 65 metres, this hotel (on the site currently occupied by Monk Office) could be approximately 20 storeys tall? It will be called the Montrose Wintergarden Hotel.
Some additional details are in the meeting notice: https://victoriadra....ALUC-Notice.pdf