Harry Stinson

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Stinson, 100-storey Connaught Towers presentation, Hamilton Chamber of Commerce, Hamilton, Ontario- (Monday June 2, 2008)
Stinson, 100-storey Connaught Towers presentation, Hamilton Chamber of Commerce, Hamilton, Ontario- (Monday June 2, 2008)

Harry Stinson (June 3, 19?? - ), born in Toronto, is a high-profile real estate developer from Hamilton, Ontario, is president of Stinson Properties, Inc. He has been called Toronto's "condo king".[1] Stinson's highest profile project to date has been "1 King West", a condo/hotel point tower that he claims is the "narrowest building in the world" on the basis of its height-to-footprint ratio. It incorporates the former headquarters of The Dominion Bank.

He was promoting the Sapphire Tower, a new residential tower for Toronto's financial district that would have been the tallest residential tower in Toronto at 342 metres (90 stories). He was competing with Donald Trump who is developing the "Trump Tower Toronto", a condo/hotel of similar height.[1]

His Dominion Club was closed on September 20, 2006, and the vast hall was reopened as a special event space.

In March 2007, the "condo king" filed for bankruptcy protection as a result of an $11.8 million dispute with David Mirvish, the financier of 1 King West.[2]

On April 20, 2007 Stinson & Mirvish headed to Ontario Superior Court where on April 23 Mr. Justice Colin Campbell issued an order granting Mr. Stinson permission to continue running One King, but puts him on a short leash and appointed Ira Smith Trustee & Receiver Inc. as monitor, with full access to all records of Mr. Stinson’s businesses.[2]

On August 24, 2007 Ira Smith Trustee & Receiver Inc. was appointed Receiver and Manager over the assets, properties and undertakings of several of Mr. Stinson's companies, pursuant to the Order of the Honourable Madam Justice Pepall.

On February 29, 2008 Stinson inked a $9.5-million contract to purchase the Royal Connaught Hotel at Hamilton, Ontario. The agreement was secured with a $100,000 deposit and provides a 30 day conditional period for Stinson to secure financing. The concept includes restoration and a substantial addition to the existing Connaught building to include a 100-room boutique luxury hotel and approximately 200 compact one and two bedroom multi-use condominiums. Stinson has confirmed a 100 storey condominium tower with a commercial gallery designed to be an architectural signature piece for downtown Hamilton. Harry Stinson now resides in the city of Hamilton. [3][4]

Projects:

Contents

[edit] Images

Connaught Tower stats

100-storey Connaught Tower

Harry Stinson, Hamilton Chamber of Commerce

Harry Stinson, Hamilton Chamber of Commerce

[edit] References

  • ^  William Hanley, "The condo king's crowning moment: Persistence pays off for Harry Stinson with Toronto tower", National Post's Financial Post & FP Investing, September 25, 2004.
  • ^  Tony Wong, "Condo king files for bankruptcy protection", Toronto Star, March 9, 2007.
  1. ^ See Moscow Times 8 February 2005
  2. ^ Kuitenbrower, Peter. "Letter from King Street: Stinson, Mirvish finally call a truce." National Post. 3 May 2007: A13.
  3. ^ De Lazzer , Rachel. "Condo king buys Royal Connaught for $9.5m." Hamilton Spectator. 29 February 2008: A1.
  4. ^ "Every city needs an icon."- Harry Stinson, Hamilton Spectator. 24 May 2008: WR7.

[edit] External links

[edit] Video

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