Australian developers Ninety-Four Feet retained the façade of the original 1912 building, at 51 Albert St.
It’s a point of difference in an increasingly populated skyline.
“There’s been a few that’ve stalled over the past couple of years with the cycle change, so it’s great to see this one coming to completion and there are other plans afoot,” said Mark Harris, managing director of Sotheby’s Realty.
The soon-to-be-completed $250-million tower will boast a new hotel and 30 apartments.
Sotheby’s Realty has sold nearly all the apartments already.
“I actually bought one in here myself,” Harris told Newshub.