Comment 26142

By abacus (anonymous) | Posted July 31, 2008 at 13:12:18

According to Moodie, “a deal could actually be closer than it appears.” Not necessarily a deal involving Harry, as is reiterated throughout the article: “a deal that may or may not see them working together” / “the group is open to offers from other developers” / “The owners group is meeting today to talk about its plans for moving on without Stinson”. I’m sure that many RTH readers will reflexively wrinkle their noses at the mention of Vrancor joining in on the Connaught, but it isn’t that outrageous a suggestion. Vrancor is one of the few local builders with bona fides in hotel development, having developed Staybridge Suites (the last new hotel build downtown?) and a number of Hilton-branded hotels, winning a developer of the year award from the Hilton Hotels Corporation last year. That’s not to say that there’s not room for another experienced out-of-town party – Tridel, Daniels, Menkes, Concord – to tackle this project with the kind of confidence that that triggers a turnaround.

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