When we last checked in on the Greenland Group's King Blue project in May, a ground breaking ceremony—attended by a number of notable guests, including Mayor John Torymarked the start of construction on one of the city's most notable upcoming high-rise developments, which is set to house the Theatre Museum Canada in its Mercer Street podium.

King Blue Condominiums, Page + Steele / IBI Group Architects, GreenlandThe ceremonial groundbreaking, image by Jack Landau

Featuring a pair high-rise towers of 48 and 44 storeys and a range of amenities, King Blue will become part of one of Canada's most vibrant and exciting neighborhoods, with the TIFF Bell Lightbox and the Theatre District—together with a wide range of restaurants and boutiques—only steps away.

King Blue Condominiums, Page + Steele / IBI Group Architects, GreenlandA new rendering of the completed project, image courtesy of Greenland Group Canada

What makes King Blue unique, however, is that the Theatre Museum Canada will be located in the project's Mercer Street podium. With the only museum in Canada devoted to performing arts history situated in the complex (taking up approximately 9,000 sq.ft), King Blue will distinguish itself from many Toronto condos by housing a notable cultural institution. 

Neighboring the museum, the Primus Hotel will be situated in the project's King Street podium, as the multi-use development looks to become a dynamic part of Toronto's cultural core. 

King Blue Condominiums, Page + Steele / IBI Group Architects, GreenlandThe rooftop terrace, image courtesy of Greenland Group Canada

Above the dynamic cultural hub at street level, residents will be able to enjoy King Blue's luxurious amenities. In addition to a fitness facility and media rooms, King Blue will feature a landscaped rooftop terrace and bar (above) with waterfalls and an indoor pool (below), adjacent to a lounge and party room. According to Jeff Clark, Senior Vice President of Baker Real Estate Inc, "all suites come complete with the finest finishes, from hardwood floors and granite countertops to gourmet show kitchens and designer-selected hardware—all reflecting a sophisticated lifestyle which is what King Street West is about"

Clark also notes that a current incentive on 2 bedroom units with 2 year leaseback and 10 percent deposit "guarantees investors a set amount of income regardless of how the market is doing at the time." During the leaseback period, buyers do not have to worry about finding renters, while the 10% deposit (as opposed to the more common 20%) means that, for buyers, purchasing a unit "does not tie up their money."    

King Blue Condominiums, Page + Steele / IBI Group Architects, GreenlandA rendering of the rooftop pool, image courtesy of Greenland Group Canada

Designed by Page + Steele / IBI Group Architects with interior work by Munge Leung and landscaping by NAK Design Group, King Blue offers residents the combination of a cultural hub with domestic comforts, serving as both a conduit for the city around it, and a private haven for the residents above.

We will keep you updated on this significant project as it develops, with regular updates on construction together with new photos as the project continues to unfold. In the meantime, you can learn more by visiting our dataBase file for the project, linked below. Want to get involved in the discussion? Check out the associated Forum threads, or leave a comment in the space provided at the bottom of this page.