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.

2 comments:

  1. Hi Joe Ieradi, I hope that the second phase of the westmount Condominiums is as successful as the first. I look forward to seeing Joe Ieradi build the second phase.

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  2. Joe Ieradi is doing great things for his community.

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