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Obi Anyanwu Published
February 23, 2025
CD Capital Developments and Freed Developments will partner with Designer and Creative Director, Karl Lagerfeld, on their Art Shoppe Lofts + Condos at Yonge and Eglinton in Toronto, Canada.
Lagerfeld will design two lobby spaces for the building called ‘Lobbies by Karl Lagerfeld’, marking the partnership as his first North American condominium project and first major project in Canada.
Managing Partner of CD Capital Developments, Jordan Dermer said, "We are especially honored to collaborate with Karl Lagerfeld - one of the world's most celebrated and prolific designers - to execute the 'Lobbies by Karl Lagerfeld’. "My partner Todd Cowan and I approached the Art Shoppe Lofts + Condos with the goal to develop an iconic architectural landmark destination in the heart of Toronto. With the involvement of Karl Lagerfeld we are doing just that. A true pioneer of design, his mastery of fashion, photography and interior design are unparalleled. Combining property with possibility; it is this talent that will give the building a timeless identity and bring the 'Lobbies by Karl Lagerfeld' to life."
Lagerfeld added, "What I really like is what I've never done before. I am always looking for opportunities to expand my range of creative expression, and am excited by the opportunity to design this in Toronto, Canada as part of the Art Shoppe Lofts + Condos. I'm excited to be part of the CD Capital & Freed approach to the Art of Change."
In addition to working with the developers, Lagerfeld will also partner with project groups Alliance and Cecconi Simone, who will serve as architects.
The 28-storey, Art Shoppe Lofts + Condos will be located on 2131 Yonge Street, in Toronto.