Quote:
Originally Posted by drew
IMO, I'd like them just to renovate what's there.
Obviously it has to make sense financially (as renos are pricey, especially to bring the building up to Code) but I imagine the bones of the building are fine, and a renovated 60s hotel would be great.
|
Could you economically renovate a building like that to a reasonably high standard, i.e. to, say, a 3.5 or 4 star quality room where you could charge $150 a night and up, along the lines of an older downtown hotel like the Delta or the Radisson?
I've never been in the rooms there, but from what I can see from the street, they do look fairly small and with hotels of this vintage, washrooms tend to small and kind of dingy too... and the OVI is not old enough where you can market that as part of the building's historic character either.
As far as hotels go, I think a new build along these lines would be the ideal development from the perspective of improving the neighbourhood... big enough to make an impact, but not so big as to overwhelm: