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February 08, 2005

The Canadien vs. The Donald in Downtown Toronto

Much like the race between the Empire State Building and the Chrysler building to build the largest building in the US in the late 1920s, two prominent businessmen are upping the ante to build the largest residential building in Canada. Donald Trump is in the process of constructing a 324-meter Trump International Hotel & Tower in downtown Toronto. A block away, local real estate developer, Harry Stinton is in the planning stages of his 320-meter Sapphire Hotel. Last November, the Donald reapplied for a height adjustment to add some more floors to his tower and outdo Stinton. This week, Stinton hinted at going back to the drawing to raise the height of his current plans. Will the Donald be outdone?? Will these reapplications slow construction? Are they worth it? Should be a fun competition to watch.

Posted by Chris H. Anderson at 11:45 AM in International Trade | Permalink


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