Released for Brand Hotel and Condo project in Entertainment District

Freed Developments is branding the proposed hotel and condominium project at Adelaide and Duncan streets in Toronto's entertainment district as Freed Hotel & Residences. Located at 240 Adelaide Street West, the $800 million tower marks Freed Developments' first foray into Toronto's luxury hotel market, along with the introduction of Canada's first Katsuya restaurant.

To the east, it overlooks Freed Hotels and Residences, designed by AS + GG Architecture for Freed Developments.

The new tower was designed by the prestigious Chicago firm AS + GG Architecture, which is among the tallest skyscrapers in the world, including the planned Jeddah Tower in Saudi Arabia, which could become the tallest building in the world, and the currently completed 160 Front. West in Toronto. AS+GG partner Gordon Gill of the American Institute of Architects (FAIA) elaborated on the design, saying, “the tower's formal geometry is defined by both its approach and its skyline. The diamond-shaped facets create a unique arrival and retail experience at street level, while the additional faceted silhouette at the top of the tower creates a distinct identity in the Toronto skyline.”

Looking north at the diamond-shaped facet of the rooftop building designed by AS + GG Architecture for free-flowing developments.

The 63-story, 219m-tall project will feature 117 five-star luxury hotel rooms and 376 luxury condominiums with a Skybar/restaurant on the 63rd floor and an approximately 10,000 ft² Katsuya restaurant by Sam Nazarian's Disruptive Group. sbe, a leading hospitality company, is on the second floor. Dubai, Miami, New York, etc. This will be the first Katsuya in Canada.

Speaking as the owner/operator of Ontario's largest portfolio of hotels and resorts, Peter Freed, founder and CEO of Freed Developments, describes the project as “a testament to my undying love for Toronto.” The developer's projects in Toronto include the Art Shoppe Condos on Yonge near Eglinton and many in the King West area, including Seventy5 Portland. and Residences hotel and condominium lobby proudly displays the stunning artwork of Takashi Murakami, Flower with Parent and Child, Murakami's work is recognized for his contribution to the world of art, and the flower acts as his most iconic piece. motive.

An overhead view looking southeast of the Freed Hotel and Residences, designed by AS + GG Architecture for Freed Developments.

Peter Fried's vision for the project is to combine art, culture and elegance for hotel-style living. This vision was supported by the collaborative efforts of partners, including AS+GG Architecture and Toronto's own Design Agency responsible for interior design. The interior boasts both hotel and residential functions, including a top-floor Sky Lobby, a grand staircase leading to the 63rd-floor restaurant and bar, terraced outdoor garden areas and a boutique spa.

DesignAgency founding partner Anwar Mehayech praised the partners involved in the project. “By assembling a world-class creative team, Peter Fried has paved the way for innovation and imagination on a grand scale,” he said.

Freed Hotel and Residences is scheduled to launch in March 2024. A short walk to Osgoode or St Andrews stations on the University Line 1, the site is the former home of Crocodile Rock.

Aerial view of site and surroundings, image from Google Maps

UrbanToronto will continue to monitor progress on this development, but in the meantime, you can learn more about it in our Database file linked below. If you like, you can join the conversation in the related project forum or leave a comment in the space provided on this page.

* * *

UrbanToronto has UrbanToronto Pro, a research service that provides comprehensive data on construction projects in the Greater Toronto Area from proposal to completion. We also offer Instant Reports, location-based downloadable images, and a daily subscription newsletter, New Development Insider, that tracks projects from the source app.