View source for Four Seasons Hotel and Residences Toronto

{{Short description|Luxury condominium and hotel}}
{{Infobox building
|name               = Four Seasons Hotel and Residences Toronto
|image              = Four Seasons under construction February 2012.jpg
|caption            = The Four Seasons under construction in February 2012
|antenna_spire      =
|location           = 60 Yorkville Ave.<br/>[[Toronto]], [[Ontario]]
|coordinates        = {{coord|43|40|19|N|79|23|20|W|region:CA-ON|display=inline,title}}
|roof               = Hotel - {{convert|204|m|ft|1}}<ref>http://www.skyscrapercenter.com/create.php?search=yes&page=0&type_building=on&type_tower=on&status_COM=on&status_UC=on&status_UCT=on&list_continent=&list_country=CA&list_city=&list_height=&list_company=&completionsthrough=on&list_year={{dead link|date=June 2020}}</ref> <br> Residential - {{convert|125|m|ft|1}}
|floor_count        = 52 (hotel) and 26 (residential condo)
|completion_date    = 2012<ref>{{cite web |title=Toronto Luxury Hotel {{!}} Downtown Yorkville 5-Star Hotel {{!}} Four Seasons |url=http://www.fourseasons.com/toronto/ |website=www.fourseasons.com |language=en}}</ref>
|floor_area         = {{convert|78429.29|m2|sqft|abbr=on}}
|developer          = Bay-Yorkville Developments
|architect          = [[Peter Clewes]] of [[architectsAlliance]]<ref>{{cite web |url=http://www.emporis.com/application/?nav=building&lng=3&id=4seasonsyorkvillehotel-toronto-canada |archive-url=https://web.archive.org/web/20121024060558/http://www.emporis.com/application/?nav=building&lng=3&id=4seasonsyorkvillehotel-toronto-canada |url-status=usurped |archive-date=October 24, 2012 |title=The New Residences of Yorkville Plaza |website=Emporis}}</ref>
|main_contractor    =
|owner              = [[Shahid Khan]]<ref>{{cite web |url=https://www.wsj.com/articles/saudi-princes-investment-company-sells-toronto-four-seasons-hotel-for-171-3-million-1475420783 |title=Saudi Prince's Investment Company Sells Toronto Four Seasons Hotel for $171.3 Million |date=Oct 2, 2016 |website=WSJ}}</ref>
|building_type      = [[Hotel]] and [[Condominium (living space)|residential]]
}}
The '''Four Seasons Hotel and Residences Toronto''' is a complex consisting of a 204-metre,<ref>{{cite web |url=http://www.emporis.com/buildings/240684/four-seasons-private-residences-west-tower-toronto-canada |archive-url=https://web.archive.org/web/20150512213249/http://www.emporis.com/buildings/240684/four-seasons-private-residences-west-tower-toronto-canada |url-status=usurped |archive-date=May 12, 2015 |title=Four Seasons Hotel and Private Residences, West Tower |website=Emporis}}</ref> 55-storey [[Condominium (living space)|residential condominium]] tower and a 125-meter, 30-storey [[luxury hotel]] tower in the [[Yorkville, Toronto|Yorkville]] district of [[Toronto]], [[Ontario]],<ref>[http://www.toronto.ca/planning/fourseasons.htm City of Toronto: Four Seasons Development Project]</ref> 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|Four Seasons Hotel Toronto]] building at 21 Avenue Road.
The 55-floor complex contains 259 hotel rooms and 210 private condominium units in addition to a two-storey spa, Café Boulud and bar (by international [[restaurateur]] and chef [[Daniel Boulud]]), and glass-enclosed event spaces. It was designed by [[architectsAlliance]], with [[Page and Steele]] as Architect of Record. The project was developed by Bay-Yorkville Developments Ltd. (a [[joint venture]] of Alcion Ventures, LP, Menkes Developments Ltd., and Lifetime Homes), and it uses the "Four Seasons" trademark under licence. The taller tower was initially the 10th [[List of tallest buildings in Toronto|tallest building in Toronto]], but by 2017, its position had fallen to 17th as other taller buildings were completed. The site had previously been the Bay Ford Lincoln [[car dealership]], and it is next door to [[Toronto Fire Services]] Station 312.
The penthouse, which occupies the entire 55th floor of the West Residence was sold for C$28 million in 2012, making it the most expensive condominium unit sold in Canada.<ref>{{cite web |date=May 30, 2011 |title=Four Seasons Toronto Penthouse Sells for Record C$28 Million |url=http://www.businessweek.com/news/2011-05-30/four-seasons-toronto-penthouse-sells-for-record-c-28-million.html |archive-url=https://web.archive.org/web/20110911110030/http://www.businessweek.com/news/2011-05-30/four-seasons-toronto-penthouse-sells-for-record-c-28-million.html |archive-date=2011-09-11 |website=Bloomberg Businessweek}}</ref> Before the [[ribbon-cutting]] ceremony, [[Four Seasons Hotels and Resorts|Four Seasons Hotels]] chairman and founder [[Isadore Sharp]] proclaimed the new location as being "...in a category by itself, a true Four Seasons in our hometown, our flagship hotel. It is a landmark development for the city of Toronto".<ref>{{cite web |url=http://www.digitaljournal.com/article/334264 |title=Toronto's stylish new Four Seasons hotel opens its doors SPECIAL |date=Oct 5, 2012 |website=Digital Journal}}</ref>
==History==
===The Four Seasons Motor Hotel===
The first Four Seasons-operated hotel in Toronto was '''The Four Seasons Motor Hotel''', opened in 1961 at 415 Jarvis Street near Carlton. Built by architect [[Peter Dickinson (architect)|Peter Dickinson]], it operated as a motor inn before it was demolished and replaced by townhouses.
===Inn on the Park===
The next hotel operated by Four Seasons was the [[Inn on the Park]], which opened in 1963. It became a Holiday Inn in the 1980s, and has since been demolished and replaced by the Lexus on the Park car dealership.
===Four Seasons Sheraton Hotel===
The '''Four Seasons Sheraton Hotel''' opened in 1972 as a joint venture between Four Seasons founder [[Isadore Sharp|Issy Sharp]] and Sheraton. Unhappy with the partnership, Sharp sold his 49 percent interest in the hotel in 1976 for $18.5 million, and the hotel was renamed [[Sheraton Centre Toronto Hotel|The Sheraton Centre of Toronto]].<ref name="encyclopedia">{{cite web |url=https://www.encyclopedia.com/social-sciences-and-law/economics-business-and-labor/businesses-and-occupations/four-seasons-hotels |title=Four Seasons Hotels Inc. |website=encyclopedia.com}}</ref>
===Four Seasons Hotel Toronto===
The longest-operating Four Seasons property in the city was located on 21 Avenue Road at the intersection with Yorkville Avenue. It consisted of a 31-storey [[Brutalist architecture|Brutalist]] concrete tower, with a low-rise podium that stretched south to Cumberland Avenue. It was built in 1972 as the '''Hyatt Regency Toronto'''. Issy Sharp bought the hotel in 1978 and renamed it the '''Four Seasons Hotel Toronto'''.<ref name="encyclopedia" /> The hotel was popular with celebrities when the [[Toronto International Film Festival]] was centred on the Yorkville area. However Sharp said the building "felt like driving into a garage."<ref>{{cite web |url=https://www.thestar.com/business/article/1267071--toronto-s-contemporary-new-four-seasons-hotel-opens-doors |date=October 5, 2012 |title=Toronto's contemporary new Four Seasons Hotel opens doors |website=The Star}}</ref> The hotel closed on March 28, 2012 and was sold to developer Camrost-Felcorp, which converted it to a condominium development known as '''Yorkville Plaza'''.<ref>{{Cite web |date=2020-02-01 |title=Four Seasons Toronto closes, new hotel on the horizon (Includes first-hand account) |url=http://digitaljournal.com/article/322064 |archive-url=https://web.archive.org/web/20200201205701/http://digitaljournal.com/article/322064 |archive-date=2020-02-01  |access-date=2022-10-09 }}</ref><ref>{{Cite web |title=Yorkville Plaza Soaring to New Heights {{!}} UrbanToronto |url=https://urbantoronto.ca/news/2011/10/yorkville-plaza-soaring-new-heights |access-date=2022-10-09 |website=urbantoronto.ca}}</ref> The hotel's facade was renovated, while the podium containing the hotel function rooms, driveway and below-grade retail was demolished and replaced by a new retail complex.
==Composition==
There is a {{convert|9038|sqft|sqm|adj=on|order=flip}} penthouse at the top. Finnish businessman Robert Oesterlund and his ex-wife Sarah Pursglove bought the penthouse for $28 million in 2012.<ref>{{Cite news |last=Irel |first=Carolyn |date=2017-06-08 |title=Home of the Week: A $36-million Yorkville penthouse |language=en-CA |work=The Globe and Mail |url=https://www.theglobeandmail.com/real-estate/toronto/home-of-the-week-a-36-million-yorkvillepenthouse/article35230105/ |access-date=2022-10-09}}</ref><ref>{{cite web|author=Wong, Tony|url=https://www.thestar.com/life/homes/2011/05/31/four_seasons_condo_sells_for_record_price.html |archive-url=https://web.archive.org/web/20140118120004/https://www.thestar.com/life/homes/2011/05/31/four_seasons_condo_sells_for_record_price.html |archive-date=2014-01-18 |title=Four Seasons condo sells for record price|work=[[Toronto Star]] |date=2011-05-31 |access-date=2019-11-17}}</ref> The penthouse was designed by Brian Gluckstein.<ref>{{cite news |title=Condo Sells for Record 28 Million |url=https://business.financialpost.com/personal-finance/condo-sells-for-record-28-million |access-date=26 May 2020 |publisher=Financial Post |date=2011}}</ref>
== See also ==
*[[List of tallest buildings in Canada]]
*[[List of tallest buildings in Toronto]]
*[[Peter Clewes]]
*[[architectsAlliance]]
*[[Trump International Hotel and Tower (Toronto)]]
*[[Four Seasons Hotels and Resorts]]
* [[Hotels in Toronto]]
== References ==
{{reflist}}
==External links==
{{commons category|Four Seasons Hotel and Residences (Toronto)}}
*[http://www.fourseasons.com/toronto/ Four Seasons Hotel Toronto website]
*[http://www.architectsalliance.com/projects/xl/four-seasons-hotel-residences architectsAlliance project page]
*[http://www.toronto.ca/planning/fourseasons.htm City of Toronto: Four Seasons Development Project]
*{{usurped|1=[https://web.archive.org/web/20201014082120/https://www.emporis.com/complex/113536/four-seasons-hotel-and-private-residences-toronto-canada Four Seasons Hotel and Private Residences]}} at ''Emporis''
*{{SkyscraperPage|41582|Four Seasons Hotel & Residences West}}
{{Four Seasons Hotels}}
{{Toronto skyscrapers}}
[[Category:Residential skyscrapers in Toronto]]
[[Category:Skyscraper hotels in Canada]]
[[Category:Condo hotels in Canada]]
[[Category:Modernist architecture in Canada]]
[[Category:Hotels in Toronto]]
[[Category:Four Seasons hotels and resorts]]
[[Category:2012 establishments in Ontario]]
[[Category:Hotels established in 2012]]
[[Category:Shahid Khan]]