Ontario Construction News staff writer
Toronto-based SAMM Developments says it has broken ground on Regal Plaza Corporate Centre, a new $104 million, 335,650 sq. ft. mixed-use complex at 600 Dixon Rd. near Pearson Airport.
This complex includes an 11-storey above-grade Staybridge Suites hotel and a commercial condo centre, with two new underground parking levels offering 295 spots and a new atrium connecting it with the existing Holiday Inn Toronto-Airport East hotel.
Regal Plaza Corporate Centre โis being constructed to meet the TIER-1 Toronto Green Standard, the developer says. โMore than 50 construction jobs are now confirmedโ, SAMM Developments Mark Robertson said in a statement.
The project team includes: Architects IBI Group; engineers Cole Engineering, LEA Consulting, Sigmund Soudack and United Engineering; construction manager, Gillam Group; interior designer, Chase Architect; and landscape architect, Ferris & Associates
โRegal Plaza is an example of our companyโs ongoing commitment to innovative initiatives that improve local markets and economies,โ said SAMM president Ali Ackman.
โThis is an important area of the city as far as business is concerned. Proximity to the highways and airport is ideal. And with commercial, retail, restaurantsย and three floors of corporate condominium office space in the building, tenants will have accommodations, eateries andย shopping facilities all in one location. Anyone attending events at the International Centre just a short walk from this property, will also find Regal Plaza convenientย for staying over. We are calling this Torontoโs premier business address.โ
โThe new atrium will feature skylights and is designed to resemble an indoor courtyard with seating areas and greenery to accommodate exhibits and business presentations,โ said project director Mark Robertson. โIt will also encompass a breakfast area and lounge. On the ground floor, the cafรฉ and retail shops will serve tenants and guests of both hotels; the new Staybridge Suites, the InterContinental Hotels & Resorts (IHG) upscale extended-stay brand, and the existing Holiday Inn brand hotel.ย Levels 2, 3 and 4 will encompass a total leasing space of 64,820 sq. ft. of commercial office condos, with 750 sq. ft. modules that can be combined to create larger spaces. On the penthouse level, a banquet hall will be available for large gatherings.โ