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June 3, 2019

Vancouver developer to build luxury hotel and residences on Loretto Academy’s Niagara Falls site

 

 

NIAGARA FALLS, ON, JUNE 3, 2019 – Representatives from 3Bridges Properties (Group) Corp. recently gathered with family and friends from Loretto Academy, and government officials, to celebrate the 50th Graduates Reunion from this historic institution, that will be transformed into a luxury hotel and limited edition residences.

The heart of the complex will incorporate the existing Loretto Academy building with its mansard roof and cupola. These architectural elements will be retained, conserved and restored into its river-facing façade.

 

 

The project, Great Falls, has been described by real estate industry experts as the most anticipated building in eastern Canada, located at 6880 Stanley Ave., on 7.385 acres of the most desirable available land in Niagara Falls.

The 32-storey south tower, 57-storey central tower and 42-storey north tower will include a luxury hotel with world-class amenities and condominium residences above. This development will transform the cityscape in the Fallsview Tourism District, Niagara Falls’ prime dining, entertainment, and nightlife corridor.

3Bridges plans to retain an architect with global experience and a Canadian contractor. Construction start date has not been announced.

This development is Vancouver-based 3Bridges Properties’ first venture outside British Columbia. “We are delighted to be able to introduce what will be three distinctive buildings into the Niagara Falls skyline,” said 3Bridges Properties CEO Dan Zhang.

“Our corporate vision is building three bridges – of diversified cultures in this multicultural city, of economic development in the area, and of friendship and understanding between Asia and North America. By honoring Loretto Academy’s past, we pave the way for a bright future for this landmark address.”

Added Zhang, “Many in Asia know about Niagara Falls but haven’t visited this ‘Seventh Wonder of the Natural World.’ When completed, our project should attract millions more visitors from Asia and boost local tourism, and create over a thousand employment opportunities for the Greater Niagara Region. As property developers, we expect this venture to contribute to the local economy and community.”

The three buildings which will sit in a park-like setting are designed to maximize views to Niagara Falls. With the new Scotiabank Convention Centre across the street, the hotel, which will be managed by an upper-market brand, will be popular. Visitors and residents will also find the famous John Daly Thundering Waters Golf Club 600 metres to the south.

For more information about the Loretto Academy transformation in Niagara Falls, visit https://3bridgesproperties.com/

 

ABOUT 3BRIDGES PROPERTIES

Founded in 2014 in Vancouver, BC, 3Bridges Properties (Group) Corp. is bringing international staged real estate projects to Canada, setting a new standard in design. The company is known for building bridges between quality and community, luxury and comfort living, and east and west. The 3Bridges team has many years of experience completing large development projects worldwide, partnering with established local firms and overseas investors to maximize the end results. A prime example is Gold House at Metrotown in Burnaby, BC, where 3Bridges partnered with Rize Alliance to create two highly successful high-rises.

 


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