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950 King: Rejuvenating the Palace Arms Hotel, providing rental housing

Daily Commercial News June 19, 2025 1 min read
Construct Connect Canada
950 King: Rejuvenating the Palace Arms Hotel, providing rental housing
AI Article Summary

In Toronto, a heritage project is underway at 950 King St. W to provide 231 rental units, including 40 affordable homes. The redevelopment of the historic Palace Arms Hotel involves a 17-storey building, supported by Greenwin, Intentional Capital, Windsor Private Capital, and LiUNA! Pension Fund. This initiative aims to rejuvenate the area while offering new housing opportunities.