Toronto St Regis Toronto Hotel and Residences | 281.93m | 58s | JFC Capital | Zeidler

How many completed buildings has he actually built or been attached to? I'd assume he'd be dead long before enough cities around the world have his name on them that he'll start asking if they want a second helping of Trump.
 
How many completed buildings has he actually built or been attached to? I'd assume he'd be dead long before enough cities around the world have his name on them that he'll start asking if they want a second helping of Trump.

Potential developers that wanted to link up with Trump would certainly have to do their homework first. They would need to pick cities with a critical mass of tacky nouveau-riche arrivistes.
 
Yes, very true. Maybe they could have a secondary Trump brand, a bit lower end (like DKNY vs. Donna Karan). This could be marketed to the types that are not rich, but are still tacky enough to attend his seminars on how to get rich.
 
Not 1005 but....

While I was riding past yesterday I thought it looked as though some of the furnishings in the sales office had been removed and pictures were off the walls.

Anybody going by it anytime soon to confirm?



PS- Not 100% but.... should read Not 100% but...
 
Didn't they apply for their construction permits back in January?
 
Must have been the cleaning crew moving stuff around. That or I ride my bike too damn fast to take things in.
 
Not too much new, but the OMB appeal is a bit strange.

This article is from the Toronto Star.

Trump lops off 13 floors from luxury T.O. condo

Developers say slow sales, technical problems reasons for reducing height to 57 storeys from 70
Jul 18, 2007 04:30 AM
Gail Swainson
Tracy Hanes
Real Estate Reporters

Donald Trump's Toronto tower is taking just a little off the top.

The Trump International Hotel and Tower – which was to be a 70-storey, five-star, $500-million project at the corner of Bay and Adelaide Sts. – will now be 57 storeys. Gone are 11 residential floors and two from the hotel, though the new plan does call for an increase in the overall number of units.

Rumours have gone on for months that sales are not going well. Trump himself told the Star's Tony Wong in March it has taken longer to sell out in Toronto than any Trump towers in other cities.

Trump spokesperson Howard Tikka, speaking from Phoenix, Ariz., this week, initially conceded slow sales may have contributed to the whittled-down height. He later added "sales have really done well for us, though initially, of course, we hoped to sell more."

When pressed further, Tikka says the height reduction – and related decrease in the size of many of units – relates to the speed of the building's two elevators and some other technical issues.

"The more residents we had, the more the elevators were going to be used and that wasn't what we wanted in an exclusive building like the Trump," says Tikka, who estimates total pre-construction sales at $275 million with 80 per cent of the hotel-condo suites accounted for.

At 70 storeys, the Trump tower was touted as the tallest residential building in Canada when it was announced in 2001.

It has since been eclipsed by other projects, like an 80-storey tower planned for Yonge and Bloor, to be built by Bazis International of Kazakhstan. And in its new shorter form, another five-star hotel and condo project also tops Trump, as the Shangri-La is slated for 65 storeys at University Ave. and Adelaide St. W.

Talon International Development, the Trump tower's main developer, was recently awarded a minor variance by the city's committee of adjustment, allowing it to lop 13 storeys.

In an unusual twist, Talon has since appealed the committee of adjustment's decision to the Ontario Municipal Board, saying it actually needs 59 storeys so there can be two floors for items such as mechanical systems.

John Dawson of McCarthy Tetrault LLP, Talon's legal counsel for planning matters, says this change would give the developer 57 habitable floors.

He says the building has to be truncated. "The developers had very great concerns that all building systems, such as the elevators and HVAC be working at peak performance," Dawson says. "And in coming up with the final design of the units and the working drawings, they felt it was best to go with fewer storeys," Dawson adds. "They felt it is best to err on the side of making sure everything is working at platinum status."

Tikka, creative director for Trump International, says scaling back the size of the tower was a tough decision to make, "but we had really pushed the engineering envelope too far."

Talon won't be the only Trump project appeal to be heard at OMB hearings scheduled to start in September.

The neighbouring Bank of Nova Scotia is objecting to the increased number of combined hotel suites and residential condo units – 379 instead of 336 – saying it will create more traffic by the bank's entrance. The bank is also objecting to some of the parking spaces.

Corwin Cambray, a planner with Toronto's city planning division, said the development has met all the city's strict planning tests.

"It is still a good addition to the downtown skyline," he says.

The upper residential floors are to have some of the most expensive suites in the country, including a $19.6 million penthouse. Penthouse offerings range from 4,251- to 7,719 square-feet, with great rooms, libraries, terraces and grand entrance foyers.

The residential suites are to have 11- to 13-foot ceilings, direct access elevators and floor-to-ceiling windows. Hotel condominium suites are selling from $819,000, with larger residential suites starting at $2.1 million. Tikka promises that construction will begin in September.

The project is to be the fourth Trump International Hotel and Tower and the first outside the United States.
 
The elevator issue seems kind of ridiculous...they're really reaching with that one (or so it seems). I just don't think they did that great a sales job, especially when you consider how quickly other high end properties in the city are selling (Ritz, Four Seasons, etc.).
 

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