Greenland Holding Group purchases King West - King Blue Condos from Gupta and Easton Remington Group for 100 million dollars

King Blue Condos |Westinghouse Building |50 Floors |Remington |Page & Steele |Entertainment District

King Blue Condo complex, which launched in the Entertainment District of Toronto last month. It will be suituated right by the corner of King and Blue Jays Way.. hence the name "KING BLUE"

King Blue Condo - Project Update and Pricing

Development Name:	King Blue Condos
Development Address :	Westinghouse Building
Development Type :	Highrise - Tower - Skyscraper
Number of Floors:	50 Floors
Developer:	Remington
Architect :	Page & Steele
Rendering : If Available
Location:	Entertainment District
Amenties
Height	155 meters

If you've been wondering what's been happening around the base of the old Westinhouse Factory for the past few months, wonder no more! What has been going on is the King Blue Condo complex, which launched in the Entertainment District of Toronto last month. It will be suituated right by the corner of King and Blue Jays Way.. hence the name "KING BLUE" It is also bringing with it some cultural character as it the condo base will also be home for the Theatre Museum of Canada.

Greenland Holding Group Co., a Shanghai-based developer owned by the Chinese government, said it bought King Blue, a two-tower condominium project in Toronto, its first purchase in Canada.
Greenland Holding bought the planned development, which includes 44 and 48-story towers, from closely held Easton’s Group of Hotels Inc. and The Remington Group Inc. for at least $100 million, according to Easton’s Chief Executive Officer Steve Gupta.
Immigration is a main factor driving demand, Gupta, the India-born founder of Toronto-based Easton’s, said by phone today.