The St. Regis Toronto facts for kids
Quick facts for kids The St. Regis Toronto |
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The St. Regis Toronto (centre) among other towers, looking east along Adelaide Street West
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Former names | Trump International Hotel and Tower Toronto (2012-17) The Adelaide Hotel Toronto (2017-18) |
Hotel chain | St. Regis Hotels & Resorts |
General information | |
Status | Complete |
Type | Residential, hotel, retail |
Architectural style | Postmodern |
Address | 325 Bay Street Toronto, Ontario M5H 4G3 |
Coordinates | 43°38′59″N 79°22′49″W / 43.64972°N 79.38028°W |
Construction started | October 2007 |
Opening | Soft: January 31, 2012 Grand: April 16, 2012 |
Owner | InnVest Hotels LP |
Management | Marriott International |
Height | |
Antenna spire | 276.9 m (908 ft) |
Roof | 236.5 m (776 ft) |
Technical details | |
Floor count | 57 |
Floor area | 74,510 m2 (802,000 sq ft) |
Design and construction | |
Architect | Zeidler Partnership Architects |
Developer | Talon International Development Inc. |
The St. Regis Toronto is a mixed-use skyscraper in the city's downtown core of Toronto, Ontario, Canada. It was built by Markham-based Talon International Development Inc., which is owned by Canadian businessmen Val Levitan and Alex Shnaider. The hotel portion of the building is owned by InnVest Hotels LP, which acquired it in 2017.
The building is located in Toronto's Financial District, at 325 Bay Street, on the southeast corner of Bay and Adelaide streets. Including the spire, it is the second-tallest building in Canada, the tallest mixed-use building in Toronto and the fourth-tallest structure in Toronto, as of 2020.
After it opened in 2012 as the Trump International Hotel and Tower Toronto, the hotel was controversial for its affiliation with Donald Trump, who was a real estate developer at the time, later the President of the United States. In 2017, this affiliation led to calls from the public for the hotel to drop its Trump branding following the president's Executive Order 13769, which restricted people from a number of predominantly Muslim countries from traveling to the United States.
The Trump Organization, a company owned by the Trump family, previously held the management contract for the hotel and was a minority shareholder in the project. The management contract was bought out by JCF Capital in June 2017, and the hotel portion of the building was then purchased by InnVest Hotels LP, a subsidiary of Bluesky Hotels and Resorts. The hotel management shifted to Marriott International, which operated it on an unbranded basis as The Adelaide Hotel Toronto during renovations. After the renovations were completed, the hotel became part of Marriott's St. Regis Hotels & Resorts on 28 November 2018, adopting its present name.
Specifications
The tower has 65 storeys, 57 occupiable floors, is 276.9 m (908 ft) tall, and is clad with a steel, glass, and stone facade. The building includes 261 luxury hotel rooms and 118 residential condominium suites. The top two floors of the hotel section house a 5,486 m2 (59,050 sq ft) spa. The tower was designed by Zeidler Partnership Architects and is the tallest mixed-use building in Canada. Floors 2-31 occupy the hotel, while floors 32-57 occupy condominium suites.
Residential suites range in size from 207 m2 (2,230 sq ft), and were designed with upscale fixtures and 3.4 to 4 m (11 to 13 ft) ceilings. Suite prices started at C$1.2 million. There are 4-6 suites per floor. Residents have a separate entrance and elevators from hotel guests.
Builders planned to connect the building to Toronto's underground PATH network, however this plan was dropped because of the high costs associated with tunnelling under the city.
History
Rivalry with Sapphire Tower
Developer Harry Stinson intended to create a friendly rivalry with Trump for the tallest mixed-use building in Canada with the Sapphire Tower. As a result, the planned heights of both projects were revised several times in an attempt to outdo each other, and Stinson's skyscraper would have been 17 metres taller in its last design. However, the Sapphire Tower failed to gain approval of city council, in part because it would have cast a shadow over Toronto City Hall's Nathan Phillips Square, and its development company filed for bankruptcy in 2007. At that time, the Trump Tower's design was also scaled back and the height was reduced because of the real estate market slowdown.
Construction
The building was built on a previously vacant lot, used only for parking, between Scotia Plaza and The National Club. Lewis Builds Corporation, a construction and development manager in downtown Toronto, was the construction manager for this project.
On March 23, 2007, Talon International Development Incorporated of Markham announced that it had reached an agreement with international bank Raiffeisen Zentralbank Österreich AG (RZB) to arrange C$310 million in construction financing for its Trump International Hotel & Tower development.
Construction began with the removal of the sales centre in September 2007. The official groundbreaking was on October 12, 2007. The hotel portion of the tower was planned to be completed in late 2011. The tower was projected to be completed in early 2012. The building topped out in early September 2011, and the spire was raised on September 24, 2011. The hotel opened for business on January 31, 2012, and its grand opening occurred on April 16, 2012. Work on the top of the building continued until completion in July 2012 with the activation of two high-intensity aircraft warning lights.
See also
In Spanish: The St. Regis Toronto para niños