Developer breaks ground on $104 million business complex near Pearson Airport

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caption for groundbreaking photo (L-r) Jonathan Lund, IHG regional vice-president, Canada; Ali Ackman, president, SAMM Developments; Michael Ford, Toronto Etobicoke North Ward 1 Councillor; Sajed Rahaman, pwner, Regal Hotel Group; Chad Hope, CEO LHM Canada Inc. at the Regal Plaza Corporate Centre groundbreaking. (Photo: John Halenko) Renderings: IBI Group

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 “is being constructed to meet the TIER-1 Toronto Green Standard, the developer says. “More than 50 construction jobs are now confirmed”, 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

“Regal Plaza is an example of our company’s ongoing commitment to innovative initiatives that improve local markets and economies,” said SAMM president Ali Ackman.

“This 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, restaurants and three floors of corporate condominium office space in the building, tenants will have accommodations, eateries and 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 convenient for staying over. We are calling this Toronto’s premier business address.”

“The new atrium will feature skylights and is designed to resemble an indoor courtyard with seating areas and greenery to accommodate exhibits and business presentations,” said project director Mark Robertson. “It will also encompass a breakfast area and lounge. On the ground floor, the café 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.  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.”

 

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