Trump Tower Toronto

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Trump Tower Toronto

Postby PVC King » Fri Mar 18, 2005 11:40 pm

The Trump Hotel & Tower are being marketed with much fanfare : http://www.trumptoronto.ca/main_nav.html

Architecturally it looks very 1980's to me but is there a market for this type of property in Toronto or has time moved on into a more European style of architecture?
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Re: Trump Tower Toronto

Postby phil » Sat Mar 19, 2005 11:32 am

'80s is right. The music on the web-page really takes the biscuit!
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Re: Trump Tower Toronto

Postby Paul Clerkin » Fri Apr 22, 2005 6:07 pm

Just looks like a corporation office tower - the corner detail is awful
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Re: Trump Tower Toronto

Postby Ranger Josh » Mon Apr 25, 2005 10:27 pm

that is one awful looking RESIDENTIAL (???) building. i could see maybe as an entirely office building but i think id hate to live there.
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Re: Trump Tower Toronto

Postby zerokarma » Fri May 27, 2005 5:20 pm

I don't think it looks that bad, thake a look at some of the skyline rendering pictures on this page:



I think it looks fairly decent.
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Re: Trump Tower Toronto

Postby PVC King » Sat May 28, 2005 12:22 am

Paul Clerkin wrote:Just looks like a corporation office tower - the corner detail is awful


The original intention probably was offices but if you look at Global vacancy rates (flashing across the top of the page)

http://www.cbre.com/index

The market intervened post site acquisition.
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Re: Trump Tower Toronto

Postby LandBaron » Wed Nov 02, 2005 5:02 am

I find this tower design (by Zeidler) to be rather weak.

Does anyone else remember the universally-panned original scheme (by Kirkor I believe) proposed for this site back in '99?
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Re: Trump Tower Toronto

Postby PVC King » Mon Sep 18, 2006 5:43 pm

Any signs of its completion?
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Re: Trump Tower Toronto

Postby Paul Clerkin » Mon Sep 18, 2006 6:08 pm

It hasn't started as far as I know.
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Re: Trump Tower Toronto

Postby PVC King » Fri Jan 19, 2007 12:38 am

Read a piece in the Sunday business post about a development where some Irish investors got badly stung due to a collapse in the Montreal market the irish agents involved appeared to behave very badly and just pointed to the 'cyclical nature of the market'

Is Toronto as cyclical?
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Re: Trump Tower Toronto

Postby helloinsane » Fri Jan 19, 2007 1:29 am

All markets are cyclical. Toronto residential looks to have peaked last fall, not sure what the commerical market is like.
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Re: Trump Tower Toronto

Postby PVC King » Sat Jan 20, 2007 5:13 pm

Agreed particularly office and industrial markets.

But you rarely see residential projects axed or significantly deferred in Ireland or the UK wjilst it seems to be much more common in Canada. I suppose it is nothing that localised tax breaks couldn't fix.
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Re: Trump Tower Toronto

Postby helloinsane » Sat Jan 20, 2007 10:24 pm

I've never understood the logic of providing tax breaks to speculative development in the midst of a runaway construction boom.

I also suspect anyone who worked in Ireland or the UK through the late eighties and early nineties would be able to list more than a few axed residential projects. The last decade has been quite an anomaly in development terms.
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Re: Trump Tower Toronto

Postby PVC King » Mon Jan 22, 2007 1:58 pm

Agreed on the tax breaks when you introduce them in a sound market you not only undesireably inflate demand but if it goes wrong you remove one of the most powerful tools to restimulate the market if it goes horribly wrong.

They are one of the most powerful Keynsian tools available to a government in a recession as it is impossible to lose revenue when there are very limited income streams in the first instance.

Re the UK / Ireland 1993 seems like a long time ago now and I would say that economic regulators have matured greatly since the demise of Reganomics. When you actually analyse the late 1980's housing boom in London it is one of the most ridiculous booms in history as its backdrop were double digit mortgage rates.

I think the backdrop in Canada sounds very different.
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Re: Trump Tower Toronto

Postby helloinsane » Mon Jan 22, 2007 10:59 pm

Every construction boom is different, but there's yet to be one anywhere which can sustain itself indefinitely.
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Re: Trump Tower Toronto

Postby rocktheboat » Sat Mar 24, 2007 5:02 am

worst ever project to be built in Toronto; a disgusting pathwork of anything, exhaling nothing. Ho well, why being surprised?... it is just another Zeidler project that pollutes our architectural environment... new in-house partners at Zeidler seem to get worse and worse in their architectural practice, Mr Zeidler should dissociate himself from them... as they clearly have no talent whatsoever... how disappointing...it is not even built and we already hate it. Dear Trump Tower's architects, "You embarrass me".
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Re: Trump Tower Toronto

Postby rocktheboat » Sat Mar 24, 2007 5:19 am

The city of Toronto, like any other Canadian cities (by the way, I am Canadian), is SO eager to look and/or to be international, that means: to have also "its Trump Tower", that it accepts to build just a-n-y-t-h-i-n-g. How come Mr Trump always ends up with the wrong guys (architects), he had the chance to "build' a new sparkling image of his empire by choosing avant-garde architects that will bring his coporative image FINALLY to the 21st century, no instead he chooses the worst ever coporate architects from Canada, architects that all they can do is "click-copy-click-paste-click-crop-click-copy-click-paste-click-print". The result is an empty shell with an empty content that exhale an empty image...
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Re: Trump Tower Toronto

Postby Xoote » Fri Jul 11, 2008 1:42 pm

I dont like it.. Trump could have done something completely different this time and didnt. I think i was kind of expecting a little more
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