Freed Adds Three Stories Hotel - FREED HOTEL & RESIDENCES

2023-2-11

Freed Adds Three Stories, Hotel To Crocodile Rock Development

A 63-storey shard of glass may soon rise from the figurative ashes of Crocodile Rock. The site has been slated for redevelopment since 2020, when the infamous bar shut its doors and Freed Developments first submitted a Rezoning application for 224-240 Adelaide Street West. Nearly three years later, Freed has presented city planners with a revised Site Plan Approval application for the skyscraper, with several notable changes.

The revised plans increase the height of the Adrian Smith + Gordon Gill Architecture-designed building by three storeys, for a total of 63; at its tip, the tower will rise 219 metres into the sky.

The mixed-use building will now house a hotel, with 117 rooms spread across floors three, four, and seven to 12. Amenities, including an outdoor pool, will be sandwiched between the rooms on the fifth and sixth floors.

The addition of the hotel, for which an operator has yet to be revealed, has led to a reduction in the number of residential units from 554 to 376. The condos will be comprised of 126 studios, 52 one-bedroom units, 160 two-bedroom units, and 38 three-bedroom units

The top two floors of the building — where amenities were located in the initial application — will now be dedicated to commercial uses. Architectural plans show a kitchen on the 63rd floor, and another on the second floor, signalling that the development will include two restaurants.

Overall, the new proposed gross-floor area (GFA) is just over 39,065 sq. m, approximately 30,405 sq. m of which will be dedicated to residential space. The revised plan has increased the non-residential GFA from 1,489 sq. m to approximately 8,660 sq. m.

Renderings offer up a sleek, shimmering tower culminating in a pointed edge. A triangular glazing pattern snakes up the façade of the stainless steel and aluminum tower, capped with an illuminated Freed sign.

Condo Market

近期,加拿大各大地產熱點如多倫多、萬錦、列治文山等地,房產成交違約個案急升。不少準買家因利率上漲、估價不足或按揭批不下來而「撻訂」,導致業主被迫二次開售,甚至遭遇損失。…..

2025-5-3

Condo Market

隨著加拿大房市進入新常態,2025年將成為買家與業主面臨重大抉擇的一年。利率是否會下調?樓價是否持穩?而你,該選擇固定利率還是浮動利率?…..

2025-5-3

News

Living Lush Park Place Invites Condo – From opulent design…..

2024-4-18

Recommended Articles

Condo Market

Living Lush Park Place Invites Condo – From opulent design…..

2024-1-19

Condo Market

Freed Adds Three Stories Hotel – A 63-storey shard of…..

2024-2-13

Condo Market

Freed Adds Three Stories Hotel – A 63-storey shard of…..

2023-2-11

Condo Market

Fraser Valley Sees Home Sales – The Fraser Valley saw…..

2023-8-30

Condo Market

Despite a recent marginal improvement in housing affordability, Canada continues…..

2023-7-30

Condo Market

The Canadian housing market experienced a turning point in May,…..

2023-6-21