Jon Stovell, the president and CEO of Reliance Properties, told Daily Hive Urbanized his company is in the process of selecting an international architectural firm to develop some redevelopment design concepts soon. He says it will be a mixed-use development, with an upscale hotel as a “strong consideration” given its location in the very active core of the city centre, and its close proximity to Hotel Vancouver. “We think it’s one of the most important sites in the whole city. It is the cultural heart of the city, so we’re talking to quite a wide range of really global-level architectural firms,” said Stovell.