Quote:
Originally Posted by JamieDavid Exchange
Everyone's also forgetting about One Portage and Main. That's another 180+ rooms in a 28 story high-rise. Or, is that also cancelled? I know the same developers are in a lawsuit right now with Edgewater on Wellington.
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It's funny that Lakeview is backing out due to too much competition given that they were seriously pursuing a hotel project probably since before any of the other players even thought about their projects. I swear the Lakeview hotel project was one of the first construction rumours I must have read here when I first joined this forum.
That said, there is a fair bit of hotel development around downtown now. Here's a list:
Under construction:
-Alt Hotel
-Mere Hotel
Planned/preliminary work:
-"Project W"
Proposed:
-SoPo Hotel
-Convention Centre Hotel
You'd probably have to go back 40 years to the last time there were 5 hotels on the go downtown all at once. But with the Sheraton and PLR hotels being converted to apartments, there really won't be a huge net gain in the number of rooms downtown... probably just a small, marginal increase. At least there will be more up-to-date hotel options downtown, though... some of the hotels are getting quite stale in appearance.