Freed Developments reveals an $800M luxury hotel and residences skyscraper in Toronto

Freed Hotel and Residences — Photo by Freed Developments

Visionary real estate developer Peter Freed of Freed Developments announces first-ever Freed Hotel and Residences tower located at Adelaide and Duncan, just west of University. This $800M skyscraper will bring both Katsuya by Sam Nazarian's Disruptive Group by sbe and artwork by renowned Japanese artist Takashi Murakami to Toronto. Designed by Chicago-based tall building experts Adrian Smith + Gordon Gill Architecture, renowned for the next world's tallest and most luxurious skyscraper Jeddah Tower in Saudi Arabia, as well as Central Park Tower in New York, the project will feature 100 five star luxury hotel rooms and 400 luxury condominiums with a world class Skybar/restaurant on the 63rd floor, boutique spa, and a 10,000 sq ft Katsuya Restaurant on the 2nd floor.

Sam Nazarian's sbe, the leading lifestyle hospitality company that develops, manages and operates world-class restaurants, lounges and nightclubs, is proud to announce the much-anticipated upcoming opening of the very first Katsuya restaurant in Canada on the second floor of the Freed Hotel and Residences, expected to launch in Fall 2028. This announcement follows Nazarian's 2020 sale of Nazarian's hospitality brand and management platform which included over 100 hotels (SLS, Delano, Mondrian and Hyde, among others), more than 150 restaurants and lounges, and over $4 billion of luxury residential sales. sbe's Katsuya is a groundbreaking fusion that ignited a new sushi trend that swiftly spread throughout the culinary industry with locations in Dubai, Miami, Los Angeles, New York, and The Bahamas. This restaurant will mark the first location in Canada and the 12th globally. The menu, curated by Master Sushi Chef Katsuya Uechi, who merges the elegance of Japanese cuisine with modern techniques and flavors, will feature staples from the 20-year tradition of excellence that has brought Katsuya international acclaim, and new dishes imagined specially for Toronto.

In addition, artist Takashi Murakami's captivating artwork Together with the Flower Parent and Child will be featured prominently in the lobby of the first-ever Freed Hotel and Residences launching in Toronto. Artist Takashi Murakami is celebrated globally for his groundbreaking contributions to contemporary visual culture. Murakami's most iconic motif, the flower, takes on the role of a parent and child holding hands and standing in synchronicity.

Toronto's DesignAgency leads the interior design of Freed Hotel and Residences. In harmony with the contemporary architecture and landmark Murakami sculpture, the interiors will bring together a creative collection of spaces and amenities that transport residents and hotel guests into magical, fun, and exciting worlds of design. Melding moments of poetic simplicity and dramatic juxtapositions of colour, mood and scale, the identity-defining interiors will express a feeling of transformational luxury that embodies the project's iconic aspirations.

Key features of the Freed Hotel and Residences project include:

Freed Hotel Debut: Freed Hotel and Residences marks the introduction of the first-ever Freed hotel in Canada, offering an unparalleled blend of luxury, style, and sophistication through hotel-style living.
Multi-Functional Tower: The project will feature 100 luxury hotel rooms and 400 luxury condominiums with a world class Skybar/restaurant on the 63rd floor.
Katsuya, Contemporary Japanese Restaurant: The hotel will house the exquisite Katsuya Japanese restaurant by Sam Nazarian's Disruptive Group by sbe on the second floor.
Takashi Murakami Art Integration: Takashi Murakami will bring forward his famous artwork, "Together with the flower parent and child," that will be featured prominently inside the lobby of the first-ever Freed Hotel and Residences.
Amenities include: 62nd floor Sky Lobby with grand staircase leading to 63rd floor restaurant and bar featuring 70 ft tall space below a sloping skylight, boutique spa, terrace and outdoor garden, private spaces for entertaining and dining, fitness and yoga studio, private theater room, valet parking and full-service concierge, and more.

Hotel website