The Path has shared a new interview with Issy Sharp, founder of Four Seasons Hotels and Resorts, speaking about his career and life's work.
Super 8 hotel in St. John’s announces plans for building to be turned into apartment complex
Super 8 hotel in St. John’s, Nfld., has announced its plans for the building to be converted into Latitude Living, an apartment complex.
The hotel is located at 175 Higgins Drive, off the Trans-Canada Highway.
Tom Casey, co-president of the Nova Scotia-based Holloway Lodging Corporation—which operates a number of franchises of the American Super 8 chain in its Canadian portfolio—said the company has been considering converting some of its units to residential housing for some time.
"This was our first implementation," said Casey in an email to CBC News. "We are still a hotel as of today but by December 31, 2023, we will have the renovations completed and conversion to residential will be complete," Casey said the St. John's housing crisis was a consideration in the company's decision to convert the hotel rooms to apartments.
"St. John's, like so many cities in Canada, is in dire need of additional housing, and we are very pleased to be able to bring this unique offering to the market," he said in the email.
There will be 82 units, he said, made up of one-bedroom and studio apartments. Some of the units have already been renovated and are already being rented. The lowest rent will be $1,500 a month, he said, for fully furnished units with complimentary Wi-Fi and cable.