Toronto Condo Profile: Festival Tower

Gala groundbreaking attracts a crowd at Bell Festival Centre and Festival Tower

From New Dream Homes and Condos Magazine

On Monday, April 23, 2007, the Toronto International Film Festival Group (TIFFG) and the King & John Festival Corporation (a joint venture between The Daniels Corporation and the Reitman Family) took up their shovels to mark groundbreaking at Bell Festival Centre and Festival Tower. The construction at King and John Streets is a huge step toward the launch of sales at Festival Tower, which will rise from Bell Festival Centre – TIFFG’s new permanent home.

Among the group who were on hand for a ceremonial groundbreaking at the site were Premier of Ontario Dalton McGuinty, Federal Heritage Minister Bev Oda, Provincial Culture Minister Caroline Di Cocco, renowned Filmmaker Ivan Reitman, Daniels Chairman and long-time Festival supporter John Daniels, TIFFG’s Director and CEO Piers Handling and Managing Director Michele Maheux, Daniels President Mitchell Cohen and Senior Vice President Tom Dutton, and Architect Bruce Kuwabara of Kuwabara Payne McKenna Blumberg Architects (KPMB) - plus many other VIP guests. From there, everyone then attended a star-studded reception at the Fairmont Royal York Hotel. Many members of Daniels’ Inner Circle were also present for this “red carpet” event.

A World First. One Part Condo. One Part Film Festival.

Toronto’s only “film-inspired” condominium, Festival Tower provides residents with a unique and exclusive connectivity in the form of perks, privileges and passes to Bell Festival Centre - a 365-day-a-year destination facility dedicated to the moving image. Each condo purchase includes an exclusive three-year membership to Bell Festival Centre, entitling owners to early access and preferred pricing for many events.

Owners will be invited to a pre-public party to celebrate the opening of Bell Festival Centre, and will be offered the Toronto International Film Festival “Festival Experience Pass” Director’s Edition – a pre-packaged selection of three Festival films chosen by the Festival director, in three versions to fit with different lifestyles. Other perks include private screenings hosted by TIFFG in Bell Festival Centre’s main theatre, with renowned film guests in attendance, and the list goes on.

A Five-Star Design

Designed by world-renowned Kuwabara Payne McKenna Blumberg Architects (KPMB) in association with Kirkor Architects and Planners, the dramatic 46-storey Festival Tower will rise from the podium housing TIFFG. Trend-setting suite layouts will feature sumptuous appointments and finishes. All this, and condo owners will enjoy a five-star hotel-inspired lifestyle every day, with the ability to tap into a la carte services such as room service, housekeeping, valet parking and more.

Among the condo’s fabulous amenities within the Tower Club are the authentic state-of-the-art Tower Cinema seating up to 55 people and the adjacent Cinema Lounge; a Pool House with an indoor pool, whirlpool and stunning waterfall feature, and an outdoor meditation garden. Residents will have exclusive access to these and many more amenities.

Festival Tower residents will also live in the hub of the city’s most coveted entertainment and cultural venues including The Four Seasons Centre for the Performing Arts opera house, Roy Thomson Hall, The Royal Alexandra Theatre and The Princess of Wales Theatre. In addition, Toronto’s hottest theatres, music, nightlife, restaurants and the TTC are just steps away.

Festival Tower condo sizes will range from chic studios at 487 square feet to over 2,700 square feet, ultra-luxurious penthouses with panoramic views of the city skyline, the lake and beyond. Prices will range from the $300,000s to over $2 million.

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Contact the Jeffrey Team for more information

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