HomeNews & LifestyleNewsToronto's historic Gladstone Hotel has been sold to developers that own Broadview...

Toronto’s historic Gladstone Hotel has been sold to developers that own Broadview Hotel

Toronto’s iconic, 131-year-old Gladstone Hotel has been sold to the same developers that own the Broadview Hotel.

Streetcar Developments and Dream Unlimited have acquired the Queen West hotl from the Zeidler family. “The decision to sell the hotel is a personal one,” Christina Zeidler explains in a statement. “I looked for someone with the vision to carry on the legacy of the Gladstone Hotel – someone who understands the historic significance but also its cultural significance. It took a long time to build the culture around the Gladstone. The commitment to continue to grow this vision is a dream come true.”

Zeidler had run the hotel since 2005, when it underwent major renovations and rebranded as both a boutique hotel and nightspot. The Gladstone is known for its both its queer events, like the weekly Drag Brunch with Miss Moço, and its participation in arts and cultural events like Nuit Blanche.

Streetcar and Dream Unlimited have yet to reveal future plans for the hotel, but will take ownership of the Gladstone later this month. The companies were sure to highlight their history of operating local cultural spaces like the Distillery District and the Broadview Hotel.

“We look forward to amplifying the hotel’s offerings with our refreshed vision, enhancing the current building while ensuring the property remains a staple within the community,” Streetcar founder and president Les Mallins explains in a statement.
Lead photo courtesy of csaila.

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