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Toronto Hotels |
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| | Last Updated: September 01,2009 09:48:45 am |
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 Similar to other major hotel, restaurant and retail construction projects across the city - the world, for that matter - credit concerns has halted work on Toronto's über-cool boutique hotel, Gansevoort Toronto. Odd. Since the hotel chain is simultaneously looking to open more luxury spaces in Europe, with Istanbul and London high on the company’s radar. Nonetheless, the plug has been officially pulled on the Toronto outpost.
Gansevoort, which opened its first hotel in the meatpacking district in NYC in 2004, blew into South Beach with Gansevoort South, and subsequently announced two more locations - the Gansevoort Park Ave South in New York (to open summer 2010) and one in Toronto, at 318 Richmond Street West. Tongues were wagging indeed. With TAS DesignBuild in tow, the cutting-edge Toronto location was to be a cubist-design 35-story tower. Construction was to start early 2010, with the opening slated for mid 2012.
Alas, the Gansevoort Toronto, a 150-room, 35-storey hotel, spa and condominium, has been halted even before ground has been broken. With what would have been a gorgeous entry to the Toronto skyline, the location was suspect from the beginning. While Toronto's first LEED certified condo/hotel was admirable, and the design truly , plopping it into an already over-crowded (with nightclubs) area, property was doomed from day one.
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