Park Hyatt Toronto

Last updated
Park Hyatt Toronto
Park Plaza Hotel.JPG
The 1936 south tower
Toronto map.png
Red pog.svg
Location in Toronto
Hotel chainPark Hyatt
General information
Architectural style Art Deco/Chicago School - south
Modernist - north
Location4 Avenue Road
Toronto, Ontario, Canada
M5R 2E8
Coordinates 43°40′8.25″N79°23′40.7″W / 43.6689583°N 79.394639°W / 43.6689583; -79.394639
Opened1936 (1936) - south
1956 - north
Owner Oxford Properties
Management Hyatt
Height52 metres (170.6 ft)
Technical details
Floor count17 - south
14 - north
Design and construction
Architect(s)Hugh Gordon Holman - south
Peter Dickinson - north
Other information
Number of rooms219 [1]
Number of suites40
Number of restaurants2
Parkingunderground via Park Hyatt North wing
Website
Official website

The Park Hyatt Toronto is a historic hotel that opened in 1936 as the Park Plaza Hotel. It is located in the Annex area of Toronto, Ontario, Canada.

Contents

History

The site

The hotel is located at the northwestern corner of Bloor Street and Avenue Road. The first known building on the site was a small wayside inn built in 1820 and named Tecumseh Wigwam. Then a considerable distance from the city, it served travellers on their way north out of town. The inn was demolished around 1875. [2]

Park Plaza Hotel

Originally named the Queen's Park Plaza Hotel, the structure was designed by Hugh Gordon Holman. Construction began in 1928 and was due to be completed in 1929. However, the stock market crash and the beginning of the Great Depression caused its builder to go out of business. The steel framed structure was left partially completed for several years, as various attempts to restart it failed.

The hotel was finally completed as The Park Plaza Hotel and opened on July 11, 1936. [3] The Park Plaza was expanded in 1956 with a second annex tower directly to the north, a modernist structure designed by Peter Dickinson.

Located across the street from the University of Toronto the hotel became known as a centre for Canadian literature, attracting authors, especially to the rooftop patio. As a result, the hotel has appeared in works by a number of Canadian writers including Margaret Atwood, Morley Callaghan, Mordecai Richler, and Hugh Garner. Near Queen's Park, it was also a popular site for many provincial government officials, with the Premier Bill Davis government's "Big Blue Machine" holding frequent meetings there. [4]

In 1995, the hotel went into receivership, but was purchased by new owners who began a complete overhaul, adding such features as an almost 2,000-square-foot (190 m2) penthouse, to woo back the wealthiest guests. [5]

Park Hyatt Toronto

In 1999 Hyatt purchased the hotel for $107 million, [6] calculated to be the highest cost per room ever paid in Canada, [7] and renamed it Park Hyatt Toronto. In 2014, Hyatt sold the hotel to Toronto-based Oxford Properties, for $90 million USD, [8] with an encumbrance that the hotel remain operated as a Hyatt for at least 40 years. [9]

Oxford closed the hotel on December 1, 2017, for an extensive renovation. The 1936 south tower was converted to 65 luxury rental units, marketed as Two Avenue Road, but still operated as part of the hotel complex. The 1956 north tower was completely renovated, to continue operating as a 219-room hotel. The two-story podium and vehicle forecourt that connected the towers was demolished and replaced by a new larger podium that makes up a streetwall. [10] The hotel reopened on September 15, 2021. [11]

See also

Related Research Articles

<span class="mw-page-title-main">Four Seasons Hotels and Resorts</span> Canadian headquartered international hotel chain.

Four Seasons Hotels Limited, trading as Four Seasons Hotels and Resorts, is a Canadian luxury hotel and resort company headquartered in Toronto, Ontario, Canada. Four Seasons currently operates more than 100 hotels and resorts worldwide. Since 2007, Bill Gates and Prince Al-Waleed bin Talal have been majority owners of the company. As of January 2022, Cascade Investment owns 71.25% and Kingdom Holding Company owns 23.75% of the hotel and resort company.

Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across six continents.

<span class="mw-page-title-main">Water Tower Place</span> Shopping mall in Illinois, U.S.

Water Tower Place is a large urban, mixed-use development comprising a 758,000 sq ft (70,400 m2) shopping mall in a 74-story skyscraper in Chicago, Illinois, United States. The mall is located at 835 North Michigan Avenue, along the Magnificent Mile. It is named after the nearby Chicago Water Tower, and is owned by affiliates of Brookfield Property Partners.

<span class="mw-page-title-main">The St. Regis Toronto</span> Luxury hotel in Toronto

The St. Regis Toronto is a mixed-use skyscraper located in the 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.

<span class="mw-page-title-main">Inn on the Park</span>

Inn on the Park was a luxury hotel which was formerly located on a hill overlooking Leslie Street and Eglinton Avenue in North York, Ontario. It was one of the early Toronto hotels operated by the Four Seasons Hotel chain.

<span class="mw-page-title-main">One Yonge Street</span> Toronto Star headquarters

One Yonge Street is a 25-storey office building in Toronto, Ontario, Canada. The building served as the headquarters of Torstar and its flagship newspaper, the Toronto Star, from 1971 to 2022. It is 100 metres tall and built in the International style. It was built as a replacement to the Old Toronto Star Building, which was located at 80 King Street West. That building was torn down to make room for First Canadian Place.

<span class="mw-page-title-main">Shinjuku Park Tower</span> Skyscraper located in Tokyo

The Shinjuku Park Tower is the second-tallest building in Shinjuku, Tokyo.

<span class="mw-page-title-main">Millennium Hilton New York One UN Plaza</span> Hotel in Manhattan, New York

The Millennium Hilton New York One UN Plaza is a 439-room hotel in the East Midtown neighborhood of Manhattan in New York City, United States. Designed by architect Kevin Roche of the firm Roche-Dinkeloo and opened in 1976, the hotel is located at 44th Street and First Avenue, near the headquarters of the United Nations. It occupies part of the ground floor and top 13 stories of One and Two United Nations Plaza, a pair of 39-story skyscrapers also designed by Roche-Dinkeloo. The UN Plaza Hotel is owned by Millennium & Copthorne Hotels and operated by Hilton Hotels & Resorts. Part of the hotel's interior is a New York City designated landmark.

<span class="mw-page-title-main">Architecture of Toronto</span>

The architecture of Toronto is an eclectic combination of architectural styles, ranging from 19th century Georgian architecture to 21st century postmodern architecture and beyond.

<span class="mw-page-title-main">The Century Plaza Hotel</span> Hotel in Century City, Los Angeles, California

The Fairmont Century Plaza is a 19-story luxury hotel in Century City, Los Angeles, US. The hotel fronts the Avenue of the Stars, adjacent to the twin Century Plaza Towers and the 2000 Avenue of the Stars complex. At the time of its opening in 1966, the Century Plaza Hotel was the highest building in Century City, with views extending all the way to the Pacific Ocean. It was also the first hotel to have color televisions in all of its rooms. The hotel closed for renovations in 2016, and reopened on September 27, 2021, operated by Fairmont Hotels and Resorts. It is a member of Historic Hotels of America.

<span class="mw-page-title-main">Oxford Properties</span> Canadian multinational corporation

Oxford Properties is a Canadian multinational corporation, with operations in real estate investment, development and property management. Its portfolio includes office, retail, industrial, multi-residential, life sciences and hotel assets. Established privately in 1960 and later wholly owned by the Ontario Municipal Employees Retirement System (OMERS) since 2003, the company is headquartered in Toronto with regional head offices in New York City, London, Australia, Singapore and Luxembourg. The organization has 2,000+ employees and approximately C$70 billion of assets that it manages for itself and on behalf of its investment partners. Oxford's owned portfolio represents more than 150 million square feet in key cities and high-growth hubs. Some of its most notable properties include Hudson Yards, Yorkdale Shopping Centre, Fairmont Banff Springs Hotel, Olympic Tower and Sony Center. Oxford also owns a portfolio of luxury hotels in Canada as well as rental residential units in Canada and the US.

<span class="mw-page-title-main">Hotels in Toronto</span>

Hotels in Toronto have been some of the most prominent buildings in the city and the hotel industry is one of the city's most important. The Greater Toronto Area has 183 hotels with a total of almost 36,000 rooms. In 2010, there were 8.9 million room nights sold. Toronto is a popular tourist destination, with it having the 6th highest room occupancy rate in North America, but about two thirds of rooms are taken by commercial, government, or convention travellers.

<span class="mw-page-title-main">Marriott Wardman Park</span> United States historic place

The Washington Marriott Wardman Park was a hotel on Connecticut Avenue next to the Woodley Park station of the Washington Metro in the Woodley Park neighborhood of Washington, D.C.

<span class="mw-page-title-main">Four Seasons Hotel and Residences Toronto</span> Luxury condominium and hotel

The Four Seasons Hotel and Residences Toronto is a complex consisting of a 204-metre, 55-storey residential condominium tower and a 125-meter, 30-storey luxury hotel tower in the Yorkville district of Toronto, Ontario, Canada, which opened on October 5, 2012. Located at 60 Yorkville Avenue, at its intersection with Bay Street, the complex is situated one block east of the former Four Seasons Hotel Toronto building at 21 Avenue Road.

<span class="mw-page-title-main">Bayview Village Shopping Centre</span> Shopping mall in Toronto, Canada

Bayview Village Shopping Centre is a shopping mall in Toronto, Ontario, Canada. The 440,000-square-foot (41,000 m2) shopping mall is located at the northeast corner of Bayview Avenue and Sheppard Avenue in the former city of North York. It has a total of 110 stores, the anchor stores being Loblaws, Shoppers Drug Mart and LCBO.

<span class="mw-page-title-main">Chatham Center</span> Commercial and residential in PA, USA

Chatham Center is a 5.5 acre commercial and residential building complex located within Downtown Pittsburgh. It is bounded by the Interstate 579 on the west, Centre Avenue on the north, Washington Place on the east, and Fifth Avenue to the south. Comprising a 2,200 car parking garage, Marriott Hotel, residential condominium building, and office and retail space, Chatham Center is a located adjacent to PPG Paints Arena and Duquesne University nearby.

<span class="mw-page-title-main">One Nine Elms</span> Mixed-use skyscraper

One Nine Elms is a mixed-use skyscraper scheme currently under construction in Nine Elms, London. It was originally developed by Wanda One, a UK subsidiary company of Dalian Wanda, until they sold the project to R&F Properties, another Chinese firm in 2018. It was designed by architects Kohn Pedersen Fox (KPF). The development replaces two towers on the site built in the 1970s called Market Towers and forms part of a wider redevelopment of the Nine Elms area of London. The development consists of two towers: the 57-storey City Tower contains 334 homes, while the 42-storey River Tower contains a 203-room Park Hyatt luxury hotel and 103 luxury Park Hyatt-branded apartments. Upon completion in 2024, One Nine Elms will become one of the tallest residential developments in London and the United Kingdom.

<span class="mw-page-title-main">Essex on the Park</span> Apartment building in Chicago

Sentral Michigan Avenue or 808 South Michigan (Avenue) is a 479-unit apartment building on South Michigan Avenue in the Loop community area, Chicago, Illinois. It is connected to Le Méridien Essex Chicago at 800 South Michigan Avenue.

<span class="mw-page-title-main">One Bangkok</span> Mixed use development in Bangkok, Thailand

One Bangkok is a US$3.9 billion mixed-use development under construction in Bangkok, Thailand. One Bangkok is being developed by Frasers Property, a subsidiary of TCC Group, one of Thailand's largest conglomerates. It was expected to open in stages between 2023 and 2026 but due to delays has commenced opening in March 2024 starting with the first office building and other elements expected to open during 2024 onwards.

<span class="mw-page-title-main">Hyatt Regency Toronto</span>

The Hyatt Regency Toronto is a 394-room, 19-floor hotel in the Entertainment District of Toronto, Ontario. The hotel opened as a Holiday Inn in 1990 and has been operated by Hyatt since 2009.

References

  1. "The Reimagined Park Hyatt Toronto Officially Reopens its Doors".
  2. Arthur, Eric (1986). No Mean City. University of Toronto Press. p. 53. ISBN   978-0802065872.
  3. "Historicist: Depression Skyscraper Debacle". 30 January 2010.
  4. Freedman, Adele (14 June 1986). "Kill the Park Plaza? Is nothing sacred any more?". The Globe and Mail . p. D.15.
  5. Wong, Tony (10 January 1999). "Room service...switch on the luxury!". Toronto Star . thestar.com. p. 1. Retrieved 2014-01-27.
  6. Marr, Garry (3 July 2014). "Toronto's Park Hyatt hotel said to be nearing sale as city's high-end property market heats up | Financial Post". Financial Post.
  7. Bagnell, Paul (24 February 1999). "Hyatt buys Toronto's Park Plaza". National Post . p. C.09.
  8. "Hyatt Announces Sale of Park Hyatt Toronto to Oxford Properties".
  9. Marr, Garry (3 July 2014). "Toronto's Park Hyatt hotel said to be nearing sale as city's high-end property market heats up | Financial Post". Financial Post.
  10. "Demolition Marks Start of Park Hyatt Conversion Project | UrbanToronto".
  11. "Reimagined Park Hyatt Hotel and Residences Revealed at Grand Opening | UrbanToronto".