This has been on the radar for a long time…
From what I’ve been reading over on UT, this is zoned for a 37s mixed use tower and Fairmont owns the land.. They are looking at a Spring 2010 launch.
From MikeToronto$$ On UT:
Application has been submitted for mixed use Hotel, Residential, Office and Path on this site. I have word from the city. Working on getting the document
Location is the northeast corner of Bremner and Lower Simcoe. Hopefully this will be as attractive as Fairmont’s Pacific Rim in Vancouver. Anyone willing to bet on the name? Fairmont Lake Ontario? Fairmont Toronto Centre? Fairmont Union Station?