NEW YORK — 1 Hotel Toronto will open its doors next summer following an extensive renovation to the building currently operated as the Thompson Toronto.
Barry Sternlicht, 1 Hotels founder and CEO and chairman of Starwood Capital Group, is developing the hotel in partnership with Mohari Hospitality, a global real-estate-investment company and owner of the building.
“We’re excited to be partnering with 1 Hotels to open this luxury hotel and brand in the heart of Toronto,” says Mark Scheinberg, founder of Mohari Hospitality. “At Mohari, we look for innovative projects that are changing the hospitality market and 1 Hotel Toronto perfectly fits that mould.”
A luxury lifestyle brand that debuted in 2015, 1 Hotels currently boasts a portfolio of four U.S. hotels, with seven properties under development — including locations in Mexico, France, China and Australia. The brand brings its sustainable vision to life by incorporating nature in its design and culinary collaborations, connecting with the local community to make a meaningful impact in the way people travel, eat, live and work. The brand purposefully reuses existing structural and reclaimed materials gathered from the local community, including timber, driftwood and local limestone. The hotel’s design balances refined elements with a comfortably curated atmosphere, inspired by the creativity and craftsmanship of local artists, builders, chefs and others.
“1 Hotel Toronto will introduce the city to a new standard for an eco-conscious luxury experience and is the first of its kind in Canada,” says Sternlicht. “We look forward to sharing our mission to inspire conscious consumption with guests from across the globe as well as the local community. Our partnership with Mohari is key to the re-development of the project and we’re pleased to be collaborating with them.”
The hotel will remain open and operating as the Thompson Toronto until the renovation begins.