A 1.3-million sq. ft. ‘City of the Arts’ will soon rise on TORONTO’s eastern waterfront. Developed by Daniels Corporation, the company that’s transforming Regent Park into a new community, the project is to be built in two phases. The south phase, nearest the lake, will include office space in two buildings, retail space at ground level, and a 150,000-square-foot Creative Industries Hub that will house a cluster of arts organizations.
Non-profit (and very active) arts development organization Artscape is moving into the complex, along with a talent management firm, an entertainment law firm, Manifesto (whose programs empower disadvantaged youth through arts and culture), and the Remix Project (a non-profit organization working with youth in the creative sector). Daniels Corporation plans to relocate here as well.
The second phase will consist of 900 apartment suites within two towers. One, named the Lighthouse Tower, will rise 48 storeys above the harbour. Sales will begin in the fall.