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Hotel development at Loretto to include restoring historic Niagara Falls building
$1-billion plan includes towers of 32, 42 and 57 storeys
NEWS Jun 02, 2019 by Ray Spiteri
www.stcatharinesstandard.ca
canada.constructconnect.com
www.greatfallsniagara.com
$1-billion plan includes towers of 32, 42 and 57 storeys
NEWS Jun 02, 2019 by Ray Spiteri
They also heard from representatives of 3Bridges Properties (Group) Corp., a Vancouver-based development company with plans to transform the 2.96-hectare (7.4-acre) property on Stanley Avenue into a luxury hotel and limited-edition residences.
The heart of the project, which 3Bridges Properties chief executive officer Dan Zhang said will be worth $1 billion, will incorporate the existing Loretto Academy building with its mansard roof and cupola. These architectural elements will be retained, conserved and restored into its river-facing facade.
He said the plan is to restore the roof that was destroyed by fire in 1938.
"Because this building has a lot of history, we will retain it and restore it. It's such a historic building that we want to make sure … it really remains a landmark as part of our vision for this whole property."
A 32-storey south tower, 57-storey central tower and 42-storey north tower will include a luxury hotel with "world-class amenities" and condominium residences above.
Zhang said 3Bridges plans to retain an architect with global experience and a Canadian contractor.
The project is still in design phase, so a construction start date has not been determined.
The development will be 3Bridges' first venture outside British Columbia. The company was founded in 2014.
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Hotel development at Loretto to include restoring historic Niagara Falls building
The past met the future on one of the most historic sites in Niagara Falls Sunday.
![canada.constructconnect.com](https://cc-production-uploads-bucket.s3.amazonaws.com/uploads/2019/06/3Bridges-site-mainweb.jpg)
Allure of Niagara Falls draws Vancouver’s 3Bridges Properties Corp. east to build - constructconnect.com - Daily Commercial News
Vancouver-based 3Bridges Properties (Group) Corp. plans to build a luxury hotel and condominium complex on a historic site in Niagara Falls — its first venture outside of British Columbia. A construction start date has not been announced for the estimate
![canada.constructconnect.com](https://canada.constructconnect.com/app/themes/constructconnect/dist/favicon/favicon-32x32.png)
The Great Falls
Canada-based Three Bridges Properties (Group) Corp. is developing a Luxury Hotel and two Limited-edition Residences to redefine the Niagara Falls skyline. The property land has rich historical heritage, with the historic Loretto Academy building on the site. The existing building will be...