I'll put a couple of bucks down on Lanterra having scooped up the lot, and that a Clewes-designed tower called Torcello will soon be announced for this site.
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Toronto 1Thousand Bay | 104.85m | 32s | Cresford | a—A
- Thread starter Mike in TO
- Start date
planlaw
New Member
It was purchased by Mayfair Properties from Vancouver for $11,750,000. They have been looking for a boutique hotel/condo location in toronto for a while now.
Mongo
Senior Member
'Irregardless' is incorrect, you mean 'Regardless'. I know I might be a bit extreme, but I loathe this nonsensical word.
http://en.wikipedia.org/wiki/Irregardless
Therion
Senior Member
^ Thanks a bunch, Captain Semantics.
Observer Walt
Senior Member
Planlaw, thanks for that information. I suppose the city could use another "boutique" hotel. I imagine the project would also include condo apartments.
adma
Superstar
Irregardless...
That's interesting to hear, and will bring more variety than my tongue-in-cheek prediction of another Lanterra/aA tower on this stretch (although who knows about the architecture at this point...).
Mayfair Hotels and Resorts owns and operates hotels for quite a range of brands, so who knows which chain a hotel here would join. Mayfair's properties are all midrange (save one called 'The Landis'), and include Best Western, Hampton Inn, Days Inn, Holdiay Inn, Travelodge, and a number of untethered locations, so who knows how this one would go...
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Observer Walt
Senior Member
Given the location I would expect something a bit more upmarket than Days Inn or Best Western. We'll watch with interest.
khris
Senior Member
Ya but how many more upscale hotels can Toronto get?
Maybe a W?
Maybe a W?
maestro
Senior Member
^Toronto could certainly use some brand new 4 star quality stock. It ain't exactly cheap to sleep here and no matter how extensive or often the renovations, those mid-seventies hotel towers are still outdated
richwkc
New Member
wondering any news on this site?
Northern Light
Superstar
NEWS - 32 Storeys Hotel/Condo combo
OPA / Rezoning 09 199659 STE 27 OZ 1000 BAY ST Dec 23, 2009 --- --- Ward-27
South-District --- --- --- --- --- --- --- --- ---
Proposal for condo / hotel complex - 32 storeys - 99 residential units 115 hotel suites - 4 levels below grade 106 parking spaces
OPA / Rezoning 09 199659 STE 27 OZ 1000 BAY ST Dec 23, 2009 --- --- Ward-27
South-District --- --- --- --- --- --- --- --- ---
Proposal for condo / hotel complex - 32 storeys - 99 residential units 115 hotel suites - 4 levels below grade 106 parking spaces
KA1
Senior Member
1000 Bay Street
Any pros and cons of buying a residential unit in a combined hotel/residential development, please?
Any pros and cons of buying a residential unit in a combined hotel/residential development, please?
greenleaf
Senior Member
That's very interesting about about the parking. If you're going to do it anywhere, it might as well be here.
The Condo Observer
Active Member
Finally! Cannot wait to see this corner filled in, but hope its worthy of the site!
Post details people!
Post details people!