Toronto has few historical buildings, and the Capitol Theatre located at 2492 Yonge Street remains one of the few. The Capitol is a boutique residence project by the Madison Group that is breathing new life into the iconic Toronto landmark Capitol Theatre. This theatre-turned condominium is a partnership between Westdale Properties and the Madison Group. This amazing development is being directed by the award-winning Hariri Pontarini Architects and Turner Fleischer Architects, with interior design by the award-winning Studio Munge.
The Toronto-based real estate development company, Madison Group, has been in business for 55 years. They have extensive experience in creating communities, low- and high-rise residential properties and commercial properties in both NYC and Toronto. The team is focused on reaching the highest standard for well-designed and executed properties that surpass their customer’s expectations.
On July 14, representatives from Madison Group — including Josh Zagdanski, vice president of High Rise at Madison Group, Alessandro Munge — founder & design director of Studio Munge, Elliott Taube; president of EMT Consulting, and Mike Colle, Councillor, spoke at the official groundbreaking of their new project, The Capitol, to give us a sneak peek of what to expect.
This residence will pay tribute to the history of the space with the original marquee and façade on the first three floors being preserved.
The theatre debuted in 1914 and closed in 1998 when it transitioned from a theatre to a popular event venue. The building will be transformed into a 14-storey residence with 145 suites ranging from 424 to 1950 square feet. This transformation will include extensive private terraces, oversized balconies and remarkable city views. Green space is very important to this new development, as there is a desire for more of it in this bustling neighbourhood. There will be tiered levels of terraces on the east side, while the west side will provide the sought-after green spaces to the city. The parking lot will be turned into a 3,700-square-meter park, giving residents space to enjoy the outdoors.
At the intersection of Yonge and Castlefield, a new Torontonian theatrical experience is preparing for opening night. Leading real estate developer Madison Group, in collaboration with Westdale Properties, is setting the stage for a high-end condominium project that will have every resident feeling like a star. The Capitol Residences will stand at the site of the illustrious Capitol Theatre, which dazzled guests from 1914 to 1998.
THE CURTAIN RISES ON A NEW ERA
During its heyday, and notably during the Great Depression of the 1930s, the Capitol Theatre transported guests through its magnificent programming. For almost a century, stage and screen were home to presentations such as Wings of the Morning and Jane Eyre.
“Over the last century, the Capitol Theatre has been a staple in Toronto’s entertainment scene and we are honoured to bring new life to this highly historic venue through the launch of its namesake residences,” says Josh Zagdanski, Vice President of High Rise at Madison Group. “This mid-rise project will capture the nostalgic vibrancy of years past while adding a modern twist on the original style. Just as the Capitol Theatre once brought joy and entertainment to the city, The Capitol Residences will bring new liveliness to the neighbourhood.”
“Over the last century, the Capitol Theatre has been a staple in Toronto’s entertainment scene and we are honoured to bring new life to this highly historic venue.” – Josh Zagdanski, Vice President of High Rise at Madison Group
SETTING THE STAGE
Residents will be able to choose from 145 units, offering living spaces of 425 to 1950 sq. ft. in one, two, or three-bedroom configurations, starting at under $1 million.
Hariri Pontarini Architects and Turner Fleischer Architects are the award-winning teams responsible for recreating an air of anticipation and excitement with the building’s transformation, which will pay homage to grand evenings of yore.
From the thoughtfully preserved original marquee and façade designed by John MacNee Jeffrey, the three-storey former theatre will rise an additional 11 floors above Toronto’s streets. The new building exterior boasts sand-cast brick and a smooth stone finish to harmoniously integrate elements of its history into its current role.
IN THE LOGES
Studio Munge has outdone itself to craft a world evocative of theatre and film in the 1920s. The experience begins from the moment residents pass through a grand porte cochère and into a concierge-orchestrated lobby. Decadent furnishings are illuminated by unique custom fixtures; a hint of what awaits in each Gallery Suite, Premiere Penthouse, Marquee Estate Suite, or Orchestra Townhome. Bespoke touches and 10-foot ceilings make each residence worthy of the spotlight.
The decadence extends outdoors to allow residents of the Capitol to benefit from a rare show of nature in the city. A tiered eastern façade will provide terraces with an infusion of greenery, while a 3,700-square-metre park flanking the west side of the building enhances the neighbourhood, as it extends the space for residents to enjoy.
The Capitol Residences Amenities
● Automated parcel storage
● Lush green park on the west side extending over 3,700 square metres
● Gym with private workout areas
● Golf simulator and lounge area
● Social club featuring a lounge, dining and servery
● Extensive outdoor lounge and dining area, including a garden and grill stations
MADISON GROUP — The 14-storey Capitol Residences in Toronto from Madison Group and Westdale Properties will feature the original facade and marquee of the old Capitol Theatre.
TORONTO — Madison Group has announced groundbreaking for a 14-storey residence at Castlefield and Duplex Avenues in Toronto that will preserve the original marquee and facade of the Capitol Theatre.
Madison is partners on the project with Westdale Properties. Designers are Hariri Pontarini Architects and Turner Fleischer Architects and interiors are by Studio Munge.
The Capitol Residences will feature 147 suites ranging from 535 to 2,165 square feet and pricing starting in the $900,000s. The project will feature tributes to the site’s history as a theatre, stated a release.
The original Capital Theatre facade was designed by John MacNee Jeffrey. The art deco structure debuted in 1914 and closed in 1998, subsequently becoming an event venue.
The groundbreaking ceremony on July 14 was hosted by Josh Zagdanski, vice-president of highrise at Madison Group.
The new design team selected sand-cast brick and light-coloured smooth stone finish for the main body of the building. The residences will feature private terraces and large balconies with city views.
Amenities include all-day concierge service, automated parcel storage, gym, golf simulator, social club with lounge and dining facilities, outdoor lounge and dining area, greenhouse, children’s play area, pet spa and residential guest suite.
Yesterday, Madison Group in partnership with Westdale Properties held a ground breaking ceremony for The Capitol Residences, a boutique condominium that will bring new life to the historic Capitol Theatre block in Midtown Toronto. The developers hosted purchasers, project partners, and local representatives to kick off construction of the luxury mid-rise project.
Shovels in the ground at The Capitol Residences, image by Téana Grazianihttps://urbantoronto.ca/release/ad-leaderboard-container.php
Located on the northwest corner of Yonge and Castlefield, The Capitol will feature 145 suites ranging from 425 to 1,950 ft² in area. Designed by Turner Fleischer Architects and Hariri Pontarini Architects, the project will pay homage to the Capitol Theatre’s rich history from its 1914 debut, to its final curtain call in 1998, before it was repurposed as a popular event venue.
The Capitol by Turner Fleischer Architects and Hariri Pontarini Architects for Madison Group and Westdale Properties, image courtesy of Madison Group
At the ground breaking event, Josh Zagdanski, Vice President of High-Rise at Madison Group, spoke of the project, highlighting how the new building will represent the history of the former theatre while offering a unique line up of amenities including a golf simulation room, and a vibrant kids’ play area amongst many others. He also touched on the quality of the neighbourhood, offering a huge variety of shops, restaurants, and other conveniences right outside The Capitol’s future front door, in addition to a private girl’s school – St Clement’s – located right next door.
Josh Zagdanski speaking at the event, image by Téana Graziani
The residences will boast extensive private terraces and oversized balconies, offering wide Midtown views. While the tiered levels on the east side will offer large private terraces for many residents, considering the desire for green space in the bustling neighbourhood, the west side of the property will add new green space to the city that everyone will be able to enjoy with the conversion of a surface parking lot into a 3,700m² park, a fact that was highlighted in particular by Toronto City Councillor Mike Colle who also spoke at the event.
East-facing terraces of The Capitol, image courtesy of Madison Group
Last to speak was Alessandro Munge, Founder and Design Director of Studio Munge, who is in charge of the interiors of the building. He spoke of how the amenities and shared spaces of The Capitol were inspired to be an extension of the residences, and to be places that residents would be excited to use regularly.
Meanwhile, just around the corner from where the event was held, construction is gearing up…
Construction underway at the rear of The Capitol, image by Téana Graziani
…with crew members on site, standing amongst a collection of construction machines and materials in the parking lot at the rear of the theatre – which is currently being used as a staging site while the theatre undergoes restoration work, ahead of becoming a public park.
Park space visible at rear, image courtesy of Madison Group
On the Yonge-facing side of the theatre, the sidewalk has been fenced off following the closure of the shops that used to exist in its base. Machines are now carefully working on dismantling parts of the building that will not be restored, while preparing to protect the heritage walls that will be featured, all under the supervision of heritage specialists GBCA Architects.
Construction underway at the Yonge-facing portion of The Capitol, image by Téana Graziani
Madison Groups’ The Capitol Officially Breaks Ground
Boutique residences brings new life to The Capitol Theatre through reviving its rich history with thoughtful amenities and nostalgic design
Madison Group, a leading real estate development company with developments in Toronto and New York City, unveils details for The Capitol Residences, an iconic new building and tribute to the Toronto landmark, The Capitol Theatre. In partnership with Westdale Properties and directed by the award-winning team at Hariri Pontarini Architects & Turner Fleischer Architects, the famed Capitol Theatre will be transformed into a stunning 14-storey residence while preserving the original marquee and façade. Complete with interiors designed by Studio Munge, the stage is set to welcome a new era of inspiration to Toronto’s Midtown Village.
Located at Yonge and Castlefield, The Capitol Residences will feature 147 suites ranging from 535 to 2,165 sq. ft. and pricing starting in the $900’s. The project will pay homage to the theatre’s rich history from its 1914 debut to its last curtain call in 1998 before becoming a popular event venue. The theatre was home to spectacular screenings and shows including Annabella, Wings of the Morning, and Jane Eyre. With thoughtful amenities such as a speakeasy-inspired golf simulator and parlour as well as the resident social club, Madison Group will create a grand residence reminiscent of decadent nights out while welcoming a new era of memorable nights in.
“Over the last century, the Capitol Theatre has been a staple in Toronto’s entertainment scene and we are honoured to bring new life to this highly historic venue through the launch of its namesake residences,” says Josh Zagdanski, Vice President of High Rise at Madison Group. “This boutique project will capture the nostalgic vibrancy of years past while adding a modern take on the original style. Just as The Capitol Theatre once brought joy and entertainment to the city, The Capitol Residences will bring new liveliness to the neighbourhood.”
The Capitol Residences Architecture:
Hariri Pontarini Architects & Turner Fleischer Architects have attentively designed a timeless piece of architecture that is eloquent and refined using a palette that ties the building both to the existing context and to the original Capital Theatre facade previously designed by John MacNee Jeffrey. The team selected a warm-coloured, sand-cast brick and light-coloured smooth stone finish for the main body of the building, seamlessly blending old and new. The rising residences will boast extensive private terraces and oversized balconies with remarkable city views.
The tiered levels on the East side will bring in refreshing landscapes to the terraces. Mindfully considering the desire for green space in the bustling neighbourhood, the West side of the property will add new greenspace to the city with the conversion of a parking lot into a 3,700 square metre park, ensuring residents have lots of space in the city to live, work and play.
The Capitol Residences Interiors:
Studio Munge has created an experience characteristic of theatre and film as early as the 1920s. The original art deco marquee and façade compliment an elaborate porte cochère to usher residents into a lobby conducted by The Capitol Concierge. Punctuated with whimsical custom fixtures and plush furnishings, it’s a perfect preview for guests waiting to be shown up to their homes. Featuring 10′ ceilings and handpicked finishes, every home has the best seat in the house—whether it’s a Gallery Suite, Premiere Penthouse, Marquee Suite, or an Orchestra Townhome.
The Capitol Residences Amenities:
24/7 concierge service
Automated parcel storage
Lush public park on the West side expanding over 3,700 square metres
Gym with private workout areas
Golf simulator and parlour
The social club featuring a lounge, dining and servery
Extensive outdoor lounge and dining area – including The Capitol Gardens featuring an intimate greenhouse and private seating areas
A curated kids play area
Pet spa
Residential guest suite
The Capitol Residences will add to Madison Group’s impressive portfolio within the Yonge- Eglinton community. For over five decades, the company has invested in the vitality of this neighbourhood through offering residential, office and retail spaces and now, residences at The Capitol—as well as their ART program which inspires locals and visitors with an illuminated walkway designed by muralist David Guinn and lighting designer Drew Billiau, Madison is building a neighbourhood that will flourish for generations to come.
ABOUT MADISON GROUP
For 55 years, Toronto-based Madison Group is a widely diversified real estate development company with extensive experience in creating master-planned communities, award-winning high-rise and low-rise residential projects, and a substantial portfolio of office and commercial properties in Toronto and New York City. Madison Group is defined by the talent, dedication and passion of its team; focused on setting the standard for value, design and customer satisfaction.
ABOUT WESTDALE PROPERTIES For more than 60 years, Westdale has owned, managed, and developed real estate across Canada. Westdale is committed to creating positive experiences for thousands of people who call their buildings home, and for those who work and shop at their properties. This commitment extends to partners, suppliers, and a team of over 200 dedicated employees. With a core business in multifamily residential real estate, Westdale has expanded to include a portfolio of retail, office, and industrial properties. Westdale is also actively involved in a number of significant urban residential developments across the country, including projects in Toronto, Calgary, and Halifax.
Shovels in the ground at The Capitol Residences, image by Téana Grazianihttps://urbantoronto.ca/release/ad-leaderboard-container.php
The Capitol by Turner Fleischer Architects and Hariri Pontarini Architects for Madison Group and Westdale Properties, image courtesy of Madison Group
Josh Zagdanski speaking at the event, image by Téana Graziani
East-facing terraces of The Capitol, image courtesy of Madison Group
Construction underway at the rear of The Capitol, image by Téana Graziani
Park space visible at rear, image courtesy of Madison Group
Construction underway at the Yonge-facing portion of The Capitol, image by Téana Graziani
