Toronto’s Exhibition Place Enters Into Exclusive Negotiations With HKHotels


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The Board of Governors of Toronto’s Exhibition Place approved of entering into exclusive negotiations with HKHotels following their response to a Request for Proposal for the development, construction and management of an on-site, privately-financed convention hotel.

 

HKHotels is a privately run company that successfully operates four boutique hotels in New York City and a new resort hotel in Prague.

 

The hotel developer has put together a strong development team that includes NORR Architects and Urban Strategies, and is committed to achieving LEED (Leadership in Energy and Environmental Design) Silver rating design standard.

 

The first phase of this development recommends an urban resort-style hotel, with at least 300 rooms, complimented by amenities including tennis courts, pool, health club, underground parking and green space.

 

“The proposal from HKHotels demonstrated a well thought out urban master plan for the hotel site. It combines the needs and quality of a convention-style hotel, with environmental sensitivity and spectacular design features that will compliment the existing buildings on the grounds including the award-winning Direct Energy Centre and the many heritage properties at Exhibition Place,” said Deputy Mayor Joe Pantalone, Chair of Exhibition Place.

 

Four potential sites, each representing approximately 3.5 acre parcels were identified by Exhibition Place in the 2006 Request for Proposal and Hotel Development Market Brief.

 

HKHotels proposal sited the hotel in the lands south of the Direct Energy Centre, and adjacent to the Automotive Building (see site plan attached).
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