King's Wharf 'signature building' would be tallest in HRM, cost up to $2 million per condo
"The Iconic Tower" at King's Wharf has grown from 30 storeys to 36 over the years, and developer Francis Fares hopes to break ground next fall.
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"The Iconic Tower" at King’s Wharf has grown, and if you want to be at the top, it’ll cost you.
Developer Francis Fares announced his finalized proposal Monday for the “signature building” at his King’s Wharf development, now dubbed the Maristella.
According to a news release from Fares, the developer hopes to break ground next fall on what would be the tallest building in the Halifax Regional Municipality at 36 storeys.
The first 11 floors would be a hotel, the next two “amenities,” and then floors 14 to 36 would be residential condo units. Those condos would start at $500,000, climbing way up to $2 million, presumably for the two penthouse floors at the top of the building.
The project was conceptually approved as part of the King’s Wharf development as a whole back in 2009. That approval allowed for 12 buildings ranging in height from 5 to 32 storeys, and municipal spokesperson Tiffany Chase said in an email that the building itself was “proposed as a high-profile building on a podium, with a maximum height of 360 feet above sea level.” Fares had been advertising “The Iconic Tower” online at 33 storeys, and it was originally approved as a 30-storey building.
“Detailed amendments to the original development agreement will be required to go through the council approval process before construction on this building may proceed,” Chase said in an email.