69 Yonge featured in The Globe & Mail!

September 28, 2026

Developers look toward hotels for adaptive reuse.

Author Wallace Immen highlights GPA’s upcoming conversion of the Beaux-Arts-Style Canadian Pacific Building at Yonge and King, citing the spike in hotel supply growth over the last 6 years.

“The property will be repositioned through an adaptive reuse strategy into a 162-key lifestyle luxury hotel under Marriott International’s Tribute Portfolio brand, with a focus on design, wellness and elevated guest experience,” says Gaurav Gupta, Artifact Group’s president.

Details of the redevelopment, which is being planned by Giannone Petricone Associates Inc. Architects with interior design by Montréal-based Ivy Studio, have not yet been announced. However, Artifact Group expects renovations to begin in early 2027, with an anticipated opening in 2028.”

- Wallace Immen for The Globe & Mail

Read the article here