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FORMA Condos
(27 votes, average: 4.59 out of 5)
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Condo Project Summary
This new condo project has access to a vibrant artistic hub that contains creative offices, retail, a public art gallery and a new campus for the Ontario College of Art.
FORMA Condos is a new mixed-use high-rise condominium development in Toronto. This pre-construction project by Dream, Great Gulf and Westdale Properties is located at 266 King Street West, between Ed Mirvish Way and the west by John Street in the Entertainment District.
The application proposes a 73-storey building for the east portion of the site, and an 84-storey building for the west portion.
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FORMA Condos building will have 2,034 units in total, including:
- studio suites
- one-bedroom suites
- two-bedroom suites
- three-bedroom suites
With internationally-renowned Frank Gehry at the helm of the building’s architectural team, the towers will each have complementary, yet distinct designs, which will seamlessly vibe with the history and texture of the vibrant neighbourhood.
This new condo development includes over 85,000 square feet of unlimited potential for retail opportunities, from international brands to trendy restaurants, to locally-based boutiques. In addition to 115,000 square feet of commercial space, right on the King streetcar line, the complex will also become a hotspot for employment opportunities.
The incorporation of an arts facility for OCAD students presents a unique aspect to this Entertainment District condominium. The 25,000-square foot facility – to be officially named “The Princess of Wales Centre for Visual Arts at OCAD University” will consist of studios, seminar rooms, a gallery and public theatre and lecture hall.
Not content to just be part of this vibrant Cultural Corridor, FORMA is helping ensure the future of Toronto’s reputation as a hub for the creation, study and exhibition of art. The proposal also provides for an enhanced streetscape along King Street West, John Street, Ed Mirvish Way and Pearl Street, which borders the site to the north.
Keeping the pedestrian and community experience in mind, a public square is proposed for part of the site. FORMA Condos is set to lead King Street West’s evolution into a thriving, livable and sustainable community. Not just a desirable address to call home, but a fantastic place to experience the world’s finest in art, culture and design, all without leaving your residence!
Location & Neighbourhood
FORMA Condos is in the Entertainment District. This area is already an attractive option for real estate. It is truly an urban enclave where everything is at your fingertips. From world-class entertainment at hotspots like the Princess of Wales Theatre and Roy Thompson Hall, to some of the city’s trendiest restaurants, bars and clubs, there’s always something to entertain, engage and inspire. The TIFF Bell Lightbox, headquarters for the Toronto International Film Festival - which also hosts screenings and A-list industry events all-year-round - is right down the street.
The location scores a near perfect 98 on its Walk Score and 100 for Transit Score, understandably, since it’s right on the 24-hour King Streetcar line and only steps from St. Andrew Subway station. For slower-paced days, it’s a fifteen-minute stroll to Toronto’s idyllic waterfront where you can grab a ferry and take a day trip to Toronto Island.
Homes in this district are coveted by a wide range of Torontonians, from students and young professionals, to executives who work in the nearby Financial District, even young families are choosing to live in the area, attracted by its proximity to almost everything. It’s not often you get a chance to invest in a project that will meet the needs of so many different communities and lifestyles.
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FORMA Condo Developers
Dream Unlimited Corp is one of the most prolific and successful real estate developers in Canada. They first opened their doors in Toronto in 1994, but today they are a publicly traded company that has expanded throughout the country.
read more about this developer.
Great Gulf has a diverse portfolio, having provided development, construction and property management services in many different sectors, including residential, office, industrial, retail and resort. They value the connection between buildings and neighborhoods and strive to bring design innovation, sustainability and new construction technology to all their projects across the continent.
Read more about this developer.
Westdale Properties has been in operation for over 60 years, and today their presence can be seen through North America. They own, develop, and manage real estate assets across the country, and they have properties in vital Canadian markets like Toronto, Calgary and Halifax.
read more about this developer.
