Holiday Inn hotel in Toronto to be demolished and replaced by condos
The 50-year-old Holiday Inn by Yorkdale will soon be demolished for a trio of towers.
The 12-storey hotel directly across the street from Yorkdale Mall will become the site for a new development from Fitzrovia Real Estate Inc.
According to Holiday Inn Toronto-Yorkdale, its last day of operations will be November 30, 2020.
It has long been known that the ageing lodging would eventually be replaced by massive towers.
The proposal includes townhouse units, a new network of roads, and a public park.
Residential units will be added to the area, the majority of which are two-bedrooms.
The tallest tower will be 29 storeys, and will replace the 372-room Holiday Inn Toronto-Yorkdale, which was built in 1970.
The real loss here appears to be the family-like relationship between employees, according to some staff in a local community group, and the memories made by guests who've visited over the last half century.
"I've taken pictures at company events and felt this sense that it was a really special place," wrote group member Joseph Fiore. "It will be sadly missed."
Goodbye to the conference rooms, indoor pool, and cool lobby courtyard, they don't make them like this anymore.
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