Wednesday, September 30, 2009

Introducing Joe Ieradi

The new website detailing the person Joe Ieradi is now ready. Please note that it is a biographical website only. Although there exists information for Joe Ieradi on other blogs and websites, this is the only site about Joe Ieradi that is available from the man himself. Please check out http://www.joeieradi.com/ soon to see more.



Joe Ieradi developed the prestigious Westmount-Keele Terraces Condominium complex in Toronto.

Tuesday, September 29, 2009

Westmount Condos by Joe Ieradi

IN THE SUMMER of 1975, Joe Ieradi was one of the workers who helped build the Triumph Hotel at Keele Street and Wilson Avenue. Twenty –eight years later, Ieradi is back to rejuvenate the structure – converting it to the luxurious Westmount Condominiums. “The beautiful thing about converting this building to condominiums is that I know the structure is very well built. I saw it go up – I was part of the original team,” says Ieradi.


As for making sure the decorative finishes are top-of –the-line, Ieradi is taking care of that in his typical hands-on fashion. Suites now boast expensive features personally selected by Ieradi, including granite countertops in the kitchens, marble floors and counters in the bathrooms, hardwood flooring and brushed nickel door handles. In addition, the exterior of the hotel will be redone in classic stucco. “Construction is an interesting animal,” Ieradi notes. “You create structures and they are there for generations. You look at a building you built and you want to be proud – that’s why I build things a little better so that I can feel proud to put my name to them.”


Roy Varacalli of Burka – Varacalli Architects, one of the city’s leading architects, is working with Ieradi on the 252 suites at Westmount Condominiums. Featuring one nine-storey tower and one 10-storey tower, opening day prices will range from $97,900 for a bachelor suite with a built-in hideaway bed to $295,000 for a two-bedroom suite with a den. Five appliances are included in the price and on-site amenities will include a pool and a large fitness centre. The building’s main floor will offer a variety of retail services, while other conveniences, including a public library, post office, bank, grocery store, doughnut shop, public high school and a separate high school, are just a short walk away. In addition, Downsview Park, the huge former military base, is only minutes from the site, while the Spadina subway line and Yorkdale Mall are a short bus ride away.


“Keele and Wilson has been identified as a sub-node for the city,” says Anthony Peruzza, spokesperson for Maria Augimeri, councilor for Ward Nine. “It is a good area for intensification and redevelopment and a significant amount of money has been budgeted for and approved. We are just waiting for the construction season to begin.”

“The beautiful thing about converting this building to condominiums is that I know the structure is very well built. I saw it go up – I was part of the original team.”
- Joe Ieradi, President

The Toronto Sun • April 23 & 25 • 2004

THINGS TO KNOW One nine-storey tower and one 10-storey tower offering 252 suites Five appliances are included in the purchase price On-site amenities include a pool and a large fitness centre Builder: Westmount Location: North York The sales centre is located on the 10th floor of the Travelodge Hotel on Keele Street, north of Hwy. 401 For more information: Call 416-630-5151 or email at thewestmount@rogers.com

Monday, September 28, 2009

Westmount Condos

Joe Ieradi is the developer for Westmount Condo project located at Keele and Wilson in Toronto. His role as lead developer has produced an impressive retrofit of the Travelodge Hotel that was situated on that very site. The Travelodge Hotel was running a deficit since 1999 and was on the verge of bankruptcy due to mismanagement and union issues. The owners were looking for a way out and Joe Ieradi provided a very strong project concept that saved the site from being sold in portions. By applying his years of experience in the construction industry he was able to retrofit the entire hotel into a condominium solution that took advantage of the structure and gave way to a very high end solution for suites.

Joe approached the build by making the upgrades part of the offering and not a negotiating point. His ability to overcome construction problems saved millions on the build and gave way to increased value for the future home owners. All in all a very solid success.