It took Hong Kong-based St. Thomas Developments to make a “straightforward offer” that closed the deal on this downtown block <PHOTO ABOVE> bounded by Shuter, Queen, Mutual and Dalhousie Streets.

A European-inspired pedestrian-friendly community of condos, a boutique hotel, restaurants, parks, a grocery, coffee bars and sitting-out places is about to take shape in this amenity-rich neighbourhood.

      Now a parking lot, the block is adjacent to the Financial District, the Eaton Centre, subway, the St. Lawrence Market, hospitals and Ryerson University.

It has a WalkScore of 99 and a TransitScore of 100. Nearly every developer in town has tried to buy the site because of its location in the heart of TORONTO’s hottest condo submarket – Downtown East. Phase One begins soon.