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Redevelopment of old Four Seasons into condo tower will cost $250 million



The old Four Seasons hotel will soon be a condo tower, and since Camrost-Felcorp are doing it, it will even continue to look like the old Four Seasons.

"We're going to respect the brutalist architecture of the building," says founder, president and CEO David Feldman, 
"and in that regard also the classical nature of the interiors of the existing Four Seasons building."

An earlier plan, by Menkes, would have seen the demolition of the building and the erection of two towers high enough to cause concern for the north-looking vista of the Ontario legislature. Under Camrost-Felcorp, the vista will be staying put.

They're even hiring the building's original architect, WZMH (formerly The Webb, Zerafa, Menkes, Housden Partnership), to work alongside interior firm The Design Agency on the project, which Feldman estimates will cost about $250 million.

When the refurbishment is done in early 2014, which will include retail, restaurants and maybe a bar at street level, units will be available in the $300,000 to $500,000 range.

Writer: Bert Archer
Source: David Feldman

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