Monthly Archives: May 2012

(Original link at the Toronto Star.)

May 10, 2012

Valerie Hauch 
and Jayme Poisson

Canada’s most famous castle is “at the tipping point” and badly in need of $20 million worth of external repairs, says Lyle Hall, a spokesman for HLT Advisory Inc. which was hired by Casa Loma Corp.

The City of Toronto created CLC to manage the iconic century-old residence and estate buildings constructed by Sir Henry Pellatt and come up with recommendations for their future. Hall spoke at a Thursday night community meeting held at Grace Church on the Hill, not far from the castle, attended by CLC members, area residents, people in the business and entertainment community, Casa Loma staff, city councillors and staff.

Hall said that estimates for interior repairs are unknown at this point. But the “capital need is urgent,” he warned.

Revenues from admittance to Casa Loma and from special event rentals come to around $1 million after expenses.

The Casa Loma Corp. … Read the rest