First-of-kind hotel coming to Toronto

A new hotel is being developed in Toronto which its owners say will be the first of its kind for Canada.

1 Hotel Toronto is being developed  by New York firm 1 Hotels, in partnership with Mohari Hospitality, a global real estate investment company and owner of the building which is currently operated as the Thompson Toronto.

The ethos of 1 Hotels is all about sustainability and in the development of the existing building, locally sourced and reclaimed materials will be used including timber, driftwood, and limestone.

"1 Hotel Toronto will introduce the city to a new standard for an eco-conscious luxury experience, and is the first of its kind in Canada," said Sternlicht. We look forward to sharing our mission to inspire conscious consumption with guests from across the globe as well as the local community. Our partnership with Mohari is key to the re-development of the project, and we are pleased to be collaborating with them."

The existing hotel will remain open and operating while the work to create a luxury eco-focused ‘urban oasis’ is completed.

Mark Scheinberg, founder of Mohari Hospitality, said: "We're excited to be partnering with 1 Hotels to open this luxury hotel and brand in the heart of Toronto. At Mohari, we look for innovative projects that are changing the hospitality market and 1 Hotel Toronto perfectly fits that mould."

More Mortgage Guide