 At the time, the new hotel was the tallest building in Canada and quickly became the city's most elite lodging.In the northern part of the city, this era also saw the erection of the Park Plaza in 1929.The 1970s and 1980s saw a number of major hotel projects in central Toronto, with the Sheraton Centre, Toronto Hilton, Sutton Place, and Four Seasons adding thousands of new rooms to the market.