A new 5-star luxury hotel and residence is coming to Toronto! Freed Developments is introducing the first-ever Freed Hotel in Canada with the skyscraper set to take to the area of Adelaide and Duncan, just west of University in Toronto. Here’s everything we know.

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What is the Freed Hotel and Residences?

freed hotel and residences
Image via Freed Developments

Freed Hotel and Residences will be located at 240 Adelaide Street West and is the latest hotel coming to Toronto, and it’s “set to transform The Toronto skyline.”

According to the announcement, the $800 million skyscraper with feature 100 five-star luxury hotel rooms and 400 luxury condominiums with a world-class Skybar/restaurant on the 63rd floor, a boutique spa, and a 10,000 sq ft Katsuya Restaurant on the 2nd floor.

The hotel and residences are designed by Chicago-based tall building experts Adrian Smith + Gordon Gill Architecture, renowned for the world’s tallest and most luxurious skyscraper Jeddah Tower in Saudi Arabia, as well as Central Park Tower in New York City.

The building’s amenities are plentiful featuring a boutique spa, terrace and outdoor garden, private spaces for entertaining and dining, fitness and yoga studio, a private theatre room, valet parking and a full-service concierge.

“As the largest owner and operator of the Ontario hotel and resorts portfolio, this project is a testament to my profound love for Toronto. Freed Hotel and Residences represents a groundbreaking moment for Freed Developments with the opportunity to merge art, culture, and sophistication through hotel-style living,” said Peter Freed, Founder and CEO, of Freed Developments.

Artist Takashi Murakami’s artwork Together with the Flower Parent and Child will be featured in the lobby as well, which Freed says is an ode to the city’s culture.

“A captivating piece of artwork by Takashi Murakami, adding a unique cultural dimension to this venture, while also bringing forward the first-ever Katsuya Restaurant to Canada which will further enhance the city’s culinary landscape, and best-in-class hotel experiences for both residences and guests.”

Freed Developments in Toronto

While this will be the first Freed Hotel, Freed Developments projects can be seen in Toronto already.

Freed Developments has been recognized for some of the most iconic buildings in Toronto, including the Art Shoppe Lofts and Condos in collaboration with Karl Lagerfeld, Seventy5 Portland with globally renowned designer Philippe Starck and Fashion House on King Street West.

The Freed Hotel and Residences is scheduled to begin sales in March 2024 with no exact opening date announced as of yet.

Time to get excited about this all-new 5-star hotel coming to Toronto!

Freed Hotel and Residences Toronto

When: TBA
Where: 240 Adelaide Street West, Toronto