Evan
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Stinson says Connaught condos closer to consummation
Green dream for 100-storey tower
Michelle Dubé, CHCH News
Published: Wednesday, May 21, 2008
The man with big plans for a famous landmark in downtown Hamilton - the Royal Connaught Hotel - says his vision is coming closer to becoming a reality.
Toronto's dethroned condo king, Harry Stinson, has unveiled his final design for the Grand Old lady. And it's safe to say if we do see it come to life it will transform how people see Hamilton's downtown.
Stinson plans to build a 100 storey structure, attached to a revamped Royal Connaught. He says the adjacent Connaught Tower mirrors the shape of Gore Park and it will be visible from afar - considering it's 80 percent of the height of the CN Tower.*
Stinson wants the tip to have wind turbines, solar cells and other green features.
Both buildings will have hotel rooms, and condos. In the royal connaught prices will range around the 200 thousand dollar mark, and then the tower prices will range from 300 thousand and up - with the 80th floor priced at seven figures.
But that's not all Stinson has planed: he wants 24 hour food services, ball rooms for weddings and events, as well as a plaza area with a bandstand for people to congregate in the core. It all adds up to an ambitious project, but Stinson says it has to be.
"If it weren't overwhelming it wouldn't work. If we put a normal box up there and tentatively stuck our toe in the water and said 'well, we're sort of going to give it a try, we'll put up this mediocre building and if anybody buys it then we'll do something good'... it wouldn't work. You have to do something wow. This is perfectly buildable."
A company that Stinson owns has purchased this building for 9 and a half million dollars. The closing date is June 30th. By mid-June Stinson says he plans to open a sales office and start selling units in the Royal Connaught.
He expects construction on the Connaught to be completed in 2 years, then 3½-4 years for the tower.
Stinson says he will be able to finance the project once he has sales, and can prove to investors he can generate revenue.
*WTF?
Green dream for 100-storey tower
Michelle Dubé, CHCH News
Published: Wednesday, May 21, 2008
The man with big plans for a famous landmark in downtown Hamilton - the Royal Connaught Hotel - says his vision is coming closer to becoming a reality.
Toronto's dethroned condo king, Harry Stinson, has unveiled his final design for the Grand Old lady. And it's safe to say if we do see it come to life it will transform how people see Hamilton's downtown.
Stinson plans to build a 100 storey structure, attached to a revamped Royal Connaught. He says the adjacent Connaught Tower mirrors the shape of Gore Park and it will be visible from afar - considering it's 80 percent of the height of the CN Tower.*
Stinson wants the tip to have wind turbines, solar cells and other green features.
Both buildings will have hotel rooms, and condos. In the royal connaught prices will range around the 200 thousand dollar mark, and then the tower prices will range from 300 thousand and up - with the 80th floor priced at seven figures.
But that's not all Stinson has planed: he wants 24 hour food services, ball rooms for weddings and events, as well as a plaza area with a bandstand for people to congregate in the core. It all adds up to an ambitious project, but Stinson says it has to be.
"If it weren't overwhelming it wouldn't work. If we put a normal box up there and tentatively stuck our toe in the water and said 'well, we're sort of going to give it a try, we'll put up this mediocre building and if anybody buys it then we'll do something good'... it wouldn't work. You have to do something wow. This is perfectly buildable."
A company that Stinson owns has purchased this building for 9 and a half million dollars. The closing date is June 30th. By mid-June Stinson says he plans to open a sales office and start selling units in the Royal Connaught.
He expects construction on the Connaught to be completed in 2 years, then 3½-4 years for the tower.
Stinson says he will be able to finance the project once he has sales, and can prove to investors he can generate revenue.
*WTF?