Finally! After 13 years of living at Yonge and St Clair, many of them with the majestic Imperial Oil Building closed to the public, exciting things are about to happen! How many times, during the period when it sat, lonely & forlorn, did I think :Wow! This is a prized piece of architecture that cries out for condo conversion! Well Davis Feldman, of Camrorost-Felcorp was on the same page all and has recently announced the following regarding the rich history of this historic landmark:
The Imperial Oil Building, originally designed to be the "new" City Hall, became the headquarters of Canada's largest oil company in 1957. It was the tallest building in the city, sitting at the top of a section of the Escarpment, commanding spectacular views of the city, lake and beyond (on a clear day- it is even possible to see the mist rising above Niagara Falls).
The Imperial Oil Building's impressive stature is only one of its many distinguishing features. Designed in the International Style, at the height of its popularity in the mid-1950s, the building is an eloquent manifestation of the finest design quality. There is little doubt that Imperial Oil spared no expense in making the building the finest of its day. Clad in limestone with state-of-the-art aluminum and bronze window casements, and a marble and granite lobby with gold mosaic inlays on its feature wall and ceiling, the building is simply exceptional. Group of Seven alumnus: A.Y. Jackson stated that the two York Wilson 32-by-21 foot panel murals in the lobby, "the finest thing of its kind ever done in Canada."
The Imperial Plaza is about to turn over a new leaf and enter into the exciting 1st phase of development. We at Camrost-Felcorp, along with Onespace Unlimited and The Design Agency, are ready to start the restoration and transformation of this iconic building. There are no other opportunities for conversion of this kind in Toronto, let alone Canada. The Imperial Plaza's pedigree seems clear; it is Canada's own Rockefeller Center.
We look forward to being in touch shortly with more specific details about the Imperial Plaza amenities and suite features. In the meantime, click here for the article in the National Post this past weekend.