We are honoured to be receiving the Ecclesiastical Insurance Cornerstone Award for Building Heritage (Adaptive Reuse/Rehabilitation) for Market Street Development from the National Trust for Canada.

Located in Toronto’s historic Saint Lawrence neighbourhood, the modest commercial building at 10-12 Market Street Development was commissioned by local politician William Cayley in 1880 and operated as the Armory Hotel. Along with the adjoining 8 Market Street (1899) and with 87 Front Street (1858 and 1871), it forms a handsome streetscape that stands as a reminder of Toronto’s 19th century commercial heritage. Extensive alterations and decay over the years meant that conservation was a significant undertaking involving the stabilization of the brick façade during construction of a new steel-frame structure, masonry repairs and restoration, the design of appropriate wood replacement windows, and the reconstruction of a character-defining cornice based on historical documentation. The result is a successful adaptive use that has transformed a formerly derelict building and seamlessly integrating it into an inviting, low-rise, pedestrian-friendly urban streetscape.