Hyatt Regency Toronto Airport (Regal Constellation site)

[Prometheus The Supremo]

don't go there. you could get asbestos exposure.

 

[CGM]

Mmmmmmm.... asbestos

 

[maestro]

great town ... little depressed though

 

[Archivist]

Does anybody know if the Hyatt Regency near the airport is dead? Since it was announced in December, 2007, it seems to have gone away. I assume the land is flat and cleared, but perhaps the proposal is not moving forward.

 

[simply Dan]

I flew over the site the other week and some of the old hotel buildings are still standing!!

 

[Hipster Duck]

That sucks. So we lost two great suburban buildings last year to nothing (Bata + this).

 

[caltrane74]

I went to some solid calypso jams at this place!!! -


Brought in the very best honies from Trinidad and Guyana at Caribana in it's day!!!

 

[Hipster Duck]

^Malton/Rexdale was like Reggae central back in the day. I think Malton was even home to Johnny Osbourne.

 

[interchange42]

Sagecrest II LLC, the mother company of the local subsidiary that bought the Regal Constellation, has filed for bankruptcy in Connecticut.

The (very) long list of creditors includes Terrasan, the company currently doing demolition at the site, as well as the Canadian Revenue Agency.

I'm not entirely sure how this news will affect the Merchant Equity Group/Sagecrest partnership, but I imagine the Hyatt proposal is now in serious doubt.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a3fdUPy_SIf4&refer=home

http://www.finalternatives.com/node/5270

Does anybody know if the Hyatt Regency near the airport is dead? Since it was announced in December, 2007, it seems to have gone away. I assume the land is flat and cleared, but perhaps the proposal is not moving forward.

Archivist, since the previous story above, I don't think anything has happened on the site. No more tear-down by Terrasan had been apparent for a while when I last drove by the airport last week. The cheese grater still stands!

42

 

[Archivist]

I'm glad the grater is still there. The other building struck me as dispensable, but we like the grater. Perhaps it could be placed on the inventory?

 

[maestro]

Perhaps it could be placed on the inventory?

demo permits do expire

 

[adma]

Only possible catch--it's in Rob Ford's ward...

 

[Nebakenezer]

Demolition has halted so far. Not even worth demolitioning at this point until the economy picks up again.

 

[Towered]

Recent interior pics: http://community.livejournal.com/abandonedplaces/1975886.html#cutid1

 

[Marko]

I'm not sure if any of the recent respondents have been by this site lately, but there has been activity going on again for the past couple of months.

The parking structure is completely gone, the older tower is now gutted and ready for demolition, and it appears that the newer building along Dixon is also being prepped for flattening.