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NEIGHBOURHOOD WATCH: Toronto Entertainment District a condo community?

Toronto Entertainment District a booming condo community in the making

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Toronto Entertainment District a booming condo community in the making

If you haven’t been to Toronto’s Entertainment District lately, you’re in for quite the surprise.

In fact, you might not even recognize this booming neighbourhood.

Long a Toronto hot spot filled with some of the city’s best theatres and restaurants, the Entertainment District is in full-on transition mode – into also becoming one of the most prestigious condo destinations.

A place to live

The Entertainment District, a condo community?

Yes, that same area punctuated by such landmarks as Roy Thompson Hall, the Princess of Wales Theatre, and Canada’s Walk of Fame, known as a place to play and eat, is now becoming known as a place to live.

“Look around at all the buildings being built and how the neighbourhood is changing and will continue to change,” Alan Vihant, senior vice-president, highrise at Great Gulf recently told Condo Life at the ground-breaking for the company’s 357 King West project. Great Gulf’s 357 King West is a 42-storey condo at the corner of King St. W. and Blue Jays Way.

This development and population growth is now leading to other expansion. “It’s not just a place to live now,” Vihant says. “A lot of offices are moving here, the bars and restaurants continue to evolve. It’s a great time to be building down here.”

Essentially born in the 1990s as an entertainment and tourist hub, with a burgeoning nightclub scene elbowing its away among the existing theatres and restaurants, the early 2000s brought the first wave of a condo boom.

More recently, SoHo Metropolitan Hotel & Residences, Festival Tower, and Bisha Hotel and Residences are among some of the notable condo projects that are up and running.

Abuzz with excitement

One key cultural attraction is TIFF Bell Lightbox, which opened in 2010 on the northwest corner of King Street and John Street. The first five floors of this 42-storey tower serve as headquarters for the Toronto International Film Festival, while the Festival Tower residences sit atop. With TIFF Bell Lightbox serving as host to countless international stars and pre-screenings during the annual festival, the area is often abuzz with excitement.

Add to this more recent landmark developments such as Bisha Hotel and Residences, and Nobu Residences, and you have an expanding array of exciting residential opportunities.

Then there’s Wayne Gretzky’s Restaurant at 99 Blue Jays Way, and more recently even a Wahlburgers (of the Wahlburgers restaurant chain and famed brothers Donny and Mark Wahlburg). All of it a stone’s throw from the Rogers Centre, Ripley’s Aquarium, the CN Tower, Metro Toronto Convention Centre and Scotiabank Arena.

The team at Great Gulf breaking ground at 357 King West.
The team at Great Gulf breaking ground at 357 King West.

Transition to excellence

And more is on the way.

Great Gulf and Ed Mirvish Enterprises, for example, recently announced they have reached an agreement on the sale to Great Gulf of the site of the proposed landmark Mirvish+Gehry project in the Entertainment District.

All of it adds up to an area in transition indeed – to excitement and excellence.

 

Location, location, location

Bordered by Spadina Avenue, King Street West, University Avenue and Front Street

Key landmarks

  • Roy Thompson Hall
  • TIFF Bell Lightbox
  • Wayne Gretzky’s Restaurant
  • Wahlburgers
  • Rogers Centre

Select existing condos

  • SoHo Metropolitan Hotel & Residences, by Mastercraft Starwood
  • Festival Tower, by Daniels
  • Bisha Hotel and Residences, by Lifetime Developments

Select upcoming condos


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Panda Condos

Panda Condos by Lifetime Developments

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Panda Condos by Lifetime Developments

Lifetime Developments Launches New Panda Condos in the Heart of Toronto

Times Square in New York. London’s Piccadilly Circus. The Old Town Square in Prague…These are just some of the world’s great pedestrian centres that have come to define the world’s great cities.

While many of us would include Toronto on any listing of great international urban centres, those of us who know and love ‘the 6’, recognize that in many ways it was the opening in 2002 of Yonge-Dundas Square that cemented the city’s place among the world’s best. Since its opening, the Square has hosted countless public events, performances and art exhibitions, establishing itself as a defining characteristic for our city and a global icon.

Lifetime Developments, Panda Condos, Toronto

“It’s a world class destination, in a world class city,” says Lifetime Developments’ Brian Brown. “Yonge and Dundas is the heart of the city. Whether you’re visiting from Scarborough or Scotland, no visit to Toronto is complete without time spent at Yonge and Dundas.”

Brown should know. His company, Lifetime Developments, is one of Toronto’s most successful condominium companies. From Liberty Village to the Financial District, and from King West to Yonge and Eglinton, Lifetime has earned a reputation for developing award-winning communities in Toronto’s best locations.

“There’s nothing more important to the success of a new condo project than its location,” says Brown, as he and his team – including Cecconi Simone, Turner Fleischer Architects and Baker Real Estate – prepare to launch Panda Condos at 20 Edward Street… steps from Yonge-Dundas Square.

Lifetime Developments, Panda Condos, downtown Toronto

A 30-storey tower, defined by its glass three-storey podium, bold vertical lines and two-tone palette, the development sits directly across from the neighbouring Ryerson University Campus, while offering unparalleled views of the downtown core, midtown Toronto, and Lake Ontario.

Featuring 555 extraordinary suites, designed by Cecconi Simone, they are both modern and memorable. Offered in a range of layouts – from an efficiently designed 356 square feet to an expansive 1,462 square feet – which includes one, one-plus-study, one-plus-den, two, two-plus-study, two-plus-den, and large three-bedroom designs. With floor-to-ceiling windows and large, spacious balconies, the dynamic energy of the surrounding neighbourhood will flood the units, highlighting Cecconi Simone’s distinctive design touches.

Panda’s kitchen designs include custom cabinetry, Euro-style stone countertops, tile backsplashes and an ultra-modern, sleek appliance package including integrated refrigerator, exhaust fan and dishwasher. Elegant and timeless bathrooms offer custom designed cabinetry, hand-selected countertops and sinks, decorative light fixtures and an accessory package chosen by the design team.

Lifetime Developments, Panda Condos, Toronto downtown

The site itself boasts both a perfect Transit and Walk Scores (100) and high Bike Score, offers convenient PATH access, and unparalleled proximity to Ryerson University, U of T, and the Eaton Centre.

“While the location offers an abundance of choice for residents looking for chic retailers, internationally-celebrated universities, hot restaurants and cool night life, hospitals, libraries and ample transit options, Panda is committed to matching the area’s dynamic lifestyle options, with a range of condo amenities that exceed expectations,” adds Brown.

Among the amenities offered at Panda includes unique facilities geared towards the modern student or young professional, including study spaces, gaming room, fitness and yoga studio, theatre and sports facilities.

“While it may have taken the opening of Yonge-Dundas Square to cement Toronto’s international reputation as a great destination to visit,” says Brown, “Panda Condos will establish the location’s reputation as a great location to live.”

For your chance to live at Panda, call or visit the website.

(416) 927-8989
PandaCondos.com



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