Freed Developments is announcing a new $800-million Freed Hotel and Residences at Adelaide and Duncan complete with a master work of contemporary art and a massive new restaurant to the city.
Designed by the esteemed Adrian Smith + Gordon Gill Architecture, known for work such as the Jeddah Tower in Saudi Arabia and Central Park Tower in New York. The tower will feature 100 hotel rooms and 400 luxury condo units complemented by a sky-high bar and restaurant on the 63rd floor, a boutique spa, and a 10,000 sq ft Katsuya Restaurant on the 2nd floor.
“As the largest owner and operator of the Ontario hotel and resorts portfolio, this project is a testament to my profound love for Toronto. Freed Hotel and Residences represents a groundbreaking moment for Freed Developments with the opportunity to merge art, culture, and sophistication through hotel-style living,” says Peter Freed, founder and CEO of Freed Developments.
Adding to the allure of the Freed Hotel and Residences is the inclusion of artwork by Takashi Murakami, one of the most influential contemporary artists of our time. Murakami’s iconic piece, “Together with the Flower Parent and Child,” will grace the lobby, offering residents and guests a glimpse into his captivating visual universe.
Toronto’s DesignAgency takes the reins in crafting the interiors of the Freed Hotel and Residences, ensuring a seamless fusion of contemporary architecture with captivating design elements.
“Freed Hotel and Residences is already an iconic project. By assembling a world-class creative team, Peter Freed has set the stage for innovation and imagination on a grand scale. Together with these exceptional collaborators, DesignAgency is excited to explore new realms of possibility to create immersive interiors that exude great wonder and style,” says Anwar Mekhayech, founding partner, DesignAgency.
The 62nd-floor Sky Lobby will boast a magnificent staircase that ascends to the 63rd-floor restaurant and bar, set within a soaring 70-foot-tall space beneath a gently sloping skylight. Additionally, the tower will offer a boutique spa, a serene terrace with an outdoor garden, exclusive spaces for private entertaining and dining, a state-of-the-art fitness and yoga studio, a private theatre room, and a myriad of other amenities.
Freed Hotel & Resorts has solidified its position as the premier owner and operator of hotel and resort communities in Canada, boasting an extensive portfolio that encompasses renowned properties such as Muskoka Bay Resort, Deerhurst Resort, Horseshoe Resort, and Blue Mountain Resort.
The Freed Hotel and Residences is scheduled to begin sales in March 2024 and will be located at 240 Adelaide Street West.
