Park Hyatt Toronto

The Park Hyatt Toronto is a historic hotel that opened in 1936 as the Park Plaza Hotel. It is located in the Annex area of Toronto, Ontario, Canada.

Park Hyatt Toronto
Park Plaza Hotel.JPG
The 1936 south tower
Park Hyatt Toronto is located in Toronto
Park Hyatt Toronto
Location in Toronto
Hotel chainPark Hyatt
General information
Architectural styleArt Deco/Chicago School - south
Modernist - north
Location4 Avenue Road
Toronto, Ontario, Canada
M5R 2E8
Coordinates43°40′8.25″N 79°23′40.7″W / 43.6689583°N 79.394639°W / 43.6689583; -79.394639Coordinates: 43°40′8.25″N 79°23′40.7″W / 43.6689583°N 79.394639°W / 43.6689583; -79.394639
Opened1936 (1936) - south
1956 - north
OwnerOxford Properties
ManagementHyatt
Height52 metres (170.6 ft)
Technical details
Floor count17 - south
14 - north
Design and construction
Architect(s)Hugh Gordon Holman - south
Peter Dickinson - north
Other information
Number of rooms219[1]
Number of suites40
Number of restaurants2
Parkingunderground via Park Hyatt North wing
Website
Official website

HistoryEdit

The siteEdit

The hotel is located at the northwestern corner of Bloor Street and Avenue Road. The first known building on the site was a small wayside inn built in 1820 and named Tecumseh Wigwam. Then a considerable distance from the city, it served travellers on their way north out of town. The inn was demolished around 1875.[2]

Park Plaza HotelEdit

Originally named the Queen's Park Plaza Hotel, the structure was designed by Hugh Gordon Holman. Construction began in 1928 and was due to be completed in 1929. However, the stock market crash and the beginning of the Great Depression caused its builder to go out of business. The steel framed structure was left partially completed for several years, as various attempts to restart it failed.

The hotel was finally completed as The Park Plaza Hotel and opened on July 11, 1936.[3] The Park Plaza was expanded in 1956 with a second annex tower directly to the north, a modernist structure designed by Peter Dickinson.

Located across the street from the University of Toronto the hotel became known as a centre for Canadian literature, attracting authors, especially to the rooftop patio. As a result, the hotel has appeared in works by a number of Canadian writers including Margaret Atwood, Morley Callaghan, Mordecai Richler, and Hugh Garner. Near Queen's Park, it was also a popular site for many provincial government officials, with the Premier Bill Davis government's "Big Blue Machine" holding frequent meetings there.[4]

In 1995, the hotel went into receivership, but was purchased by new owners who began a complete overhaul, adding such features as an almost 2,000-square-foot (190 m2) penthouse, to woo back the wealthiest guests.[5]

Park Hyatt TorontoEdit

In 1999 Hyatt purchased the hotel for $107 million,[6] calculated to be the highest cost per room ever paid in Canada,[7] and renamed it Park Hyatt Toronto. In 2014, Hyatt sold the hotel to Toronto-based Oxford Properties, for $90 million USD,[8] with an encumbrance that the hotel remain operated as a Hyatt for at least 40 years.[9]

Oxford closed the hotel on December 1, 2017, for an extensive renovation. The 1936 south tower was converted to 65 luxury rental units, marketed as Two Avenue Road, but still operated as part of the hotel complex. The 1956 north tower was completely renovated, to continue operating as a 219-room hotel. The two-story podium and vehicle forecourt that connected the towers was demolished and replaced by a new larger podium that makes up a streetwall.[10] The hotel reopened on September 15, 2021.[11]

See alsoEdit

ReferencesEdit

  1. ^ "The Reimagined Park Hyatt Toronto Officially Reopens its Doors".
  2. ^ Arthur, Eric (1986). No Mean City. University of Toronto Press. p. 53. ISBN 978-0802065872.
  3. ^ "Historicist: Depression Skyscraper Debacle". 30 January 2010.
  4. ^ Freedman, Adele (14 June 1986). "Kill the Park Plaza? Is nothing sacred any more?". The Globe and Mail. p. D.15.
  5. ^ Wong, Tony (10 January 1999). "Room service...switch on the luxury!". Toronto Star. thestar.com. p. 1. Retrieved 2014-01-27.
  6. ^ Marr, Garry (3 July 2014). "Toronto's Park Hyatt hotel said to be nearing sale as city's high-end property market heats up | Financial Post". Financial Post.
  7. ^ Bagnell, Paul (24 February 1999). "Hyatt buys Toronto's Park Plaza". National Post. p. C.09.
  8. ^ "Hyatt Announces Sale of Park Hyatt Toronto to Oxford Properties".
  9. ^ Marr, Garry (3 July 2014). "Toronto's Park Hyatt hotel said to be nearing sale as city's high-end property market heats up | Financial Post". Financial Post.
  10. ^ "Demolition Marks Start of Park Hyatt Conversion Project | UrbanToronto".
  11. ^ "Reimagined Park Hyatt Hotel and Residences Revealed at Grand Opening | UrbanToronto".

External linksEdit