KingBlue_Groundbreaking1 Shanghai-based real estate developer Greenland Group held the official ground breaking ceremony of its King Blue residential complex in downtown Toronto’s Entertainment District earlier today.

In attendance at the event was Toronto Mayor, John Tory, Henry Cao, President of Greenland Group (Canada), Xue Bing, Consulate General of the People’s Republic of China, Michael Chan, Minister of Citizenship Immigration and International Trade, and Ivan Poloni, Vice-President, Estimating at EllisDon.

The King Blue complex consists of two residential high-rise towers as well as Canada’s first Theatre Museum which will incorporate the historic Canadian Westinghouse Building on the corner of King Street and Blue Jays Way.

During the ceremony, Henry Cao, President of Greenland Group (Canada) also announced plans to add a brand new boutique luxury hotel to the site, which will be owned and operated by the Greenland Group.

KingBlue_Groundbreaking2 “In addition to the two new condominiums in the Entertainment District, we are also pleased to announce our launch of the first Primus-brand hotel in Canada,” said Cao. “This seven storey boutique hotel will feature 122 rooms with many spacious suites, a rooftop terrace with pool and lounge and on-site conference facilities.”

KingBlue_Groundbreaking3 Combined with the planned Theatre Museum, the Primus Toronto hotel is expected to have a major economic impact on the City of Toronto.

“This is a very significant development in the context of the Greenland Group making their first investment in Canada here in the City of Toronto,” said Mayor John Tory.

“The hotel will be extremely beneficial for the economic life of our city in terms of the new jobs that will be created, and the Theatre museum will contribute to the cultural life of our city, for tourism, and for the people who live here and enjoy the fruits of culture in our city.”

KingBlue_Rendering When completed in 2018, the residential component of the development will consist of 44- and 48-storey towers designed by Page + Steele IBI Group Architects and B+H Architects housing a total of 910 units.

Interiors, designed by Munge Leung, feature stunning lobbies, chic party rooms, and a landscaped rooftop terrace with waterfalls and firepits. Other amenities include a rooftop pool with bar, fully-equipped fitness centre and multi-media room.

Suites at King Blue start at $299,000 and range in size from 356 square feet to 935 square feet. Standard features include nine foot ceilings, engineered oak hardwood floors, polished granite countertops and a stainless steel or integrated appliance package.

For more information, call 416 599 1355 or email kingbluecondos@bakersales.info.

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