The 1.95 acre Greystone hotel site is situated just south of downtown Cochrane, and is an integral part of the new 140-acre master planned community of Greystone, currently under development. Greystone is the largest active development project within Cochrane at present, and upon completion, it will be an attractive and significant new feature to the town, offering a broad, diverse mix of residential, commercial, retail, food service, tourist/leisure, and sports/recreation uses. The hotel site is adjacent to the fully operational 325,000 square foot Spray Lakes Sawmills Family Sports Centre, home to three hockey rinks, six curling rinks, a running track, fitness facility, aquatics centre, basketball courts, field hockey, etc.). The location presents a significant opportunity to drive customers from sporting and cultural events as hotel guests. A 10-acre regional sports field will be constructed in 2024 directly south of the hotel site and will include 20 pickle ball courts (qualifies for national tournaments), 2 full sized baseball diamonds, a tennis and basketball court, children's play structures, informal open space areas and washroom facilities. The downtown core of Cochrane is located within a short, one to two-minute drive from Greystone. A variety of recognized retail chains such as Canadian Tire, Staples, and Wal-Mart are located here. There is also a very quaint, historic section in downtown Cochrane with several old, preserved homes, stores, and businesses, which feature Cochrane’s rich western-inspired architecture from a century ago. Other nearby attractions to the subject site include the 9-hole Cochrane Golf Club, situated just a short distance west of River Avenue, as well as the 18-hole Links of GlenEagles Golf Club, also a short, five-minute drive north of Greystone. GlenEagles is a championship par-72 golf course which, among other accolades it has received, has historically been voted as one of Alberta’s top-10 rated public golf courses.