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PI Cap builds first Avid Hotel in Vaughan

Mark Buckshon
By Mark Buckshon
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At the Oct. 2 groundbreaking: (Left to right): Sonia Sidhu, Member of Parliament, Government of Canada; Harpreet Rana, Owner PI Cap; Tony Carrella, Councillor, City of Vaughan; Sherjang Singh Rana, Owner PI Cap; Jonathan Lund, Regional Vice President InterContinental Hotels Group, Canada; Aman Ahuja, Owner-Representative PI Cap.

Ontario Construction News staff writer

Despite the dramatic impact of COVID-19 on the hospitality industry, some new hotel projects are proceeding in Ontario, including an 119-room Avid Hotel in Vaughan.

InterContinental Hotels Group (IHG) issued a news release on Oct. 13 based on an Oct. 2 groundbreaking event, saying the new hotel – the first of its brand-type in Canada – is owned by PI Cap, with corporate offices at 7003 Steeles Ave. in Toronto.

The new hotel is expected to open in spring, 2022. Track One Construction Management based in Mississauga says it is the project’s construction manager. The news release issued by IHG did not outline the hotel’s construction cost, nor provide its exact location.

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Mark Buckshon
Mark Buckshon
Mark Buckshon founded the precursor business behind Ontario Construction News in 1989. Earlier, he worked as a journalist and sub-editor, including a stint on the Bulawayo Chronicle in 1979-80, during the transition from Rhodesia to Zimbabwe.  He has lived in Ottawa since 1981. While most publishers achieve their role through a sales/business development career, Mark developed his business skills after succeeding as a journalist, and he continues to enjoy actively writing, editing and contributing to the publication. Mark can be reached at buckshon@ontarioconstructionnews.com
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