Fusioncorp Developments Inc. of Toronto has been awarded a construction management contract valued at $8 million to convert and expand a 5-storey residential site at 45 Mutual St. in Toronto from a residence/commercial building to a hotel—Hotel Beebop.
The expansion will add four new levels (48 units with a gross floor area of 18,582 sq. ft.) atop the existing structure, with a similar floorplate. As the construction manager, Fusioncorp will work with the developer Castl Inc. and onespace unlimited inc. (architecture + interior design) to create a modern exterior and spacious interiors.
“We are intrigued by this project,” says Nick Ainis. co-founder & CEO of Fusioncorp Developments. “We have many successful building conversions and expansions in our portfolio and a hotel in the downtown Toronto core is a welcome addition. The address is ranked a walker’s, rider’s and biker’s paradise on Walkscore.com, which is ideal for hotel guests. This conversion poses some challenges, including construction access in such a busy area. We’re looking forward to getting underway.”
Construction is slated to begin later this year. The projected completion date is Spring 2026.
Ottawa’s hotel landscape is poised for a significant transformation over the next three years with the introduction of four major international hotel brands: AC Marriott, Moxy, Renaissance, and Hard Rock Hotel.
Atlific Hotels has opened its new property—Hotel Dene & Conference Centre, located at Highway 28 and, Range Road 423, Cold Lake, AB T9M 1P5—along Highway 28 and adjacent to Casino Dene, this full-service hotel is…
The Holiday Inn Express & Suites Kitchener Southeast by Sunray Group celebrated its grand opening this past week.
The Quebec Hotel Investment Conference took place on September 19th, 2024, at the InterContinental Montréal. It featured industry leaders discussing critical topics, including equity and debt financing, branded vs.…
