Architectural icon Frank Gehry joins the development group to celebrate the start of construction on Forma, Toronto’s most anticipated residential residence

Architectural icon Frank Gehry joins the development group to celebrate the start of construction on Forma, Toronto’s most anticipated residential residence

The official start of construction work in Forma, Frank Gehry The masterpiece, Homecoming, comes as the project reaches its conclusion 1 billion dollars In sales

toronto, June 8, 2023 /CNW/ – Gulf Greater Developers Group, dream (consisting of Dream Unlimited) (TSX: digital rights management) And Dream Impact Fund (TSX: MPCT.UN)), Westdale Properties has joined Frank Gehry To celebrate the official start of construction on the homecoming project of world-renowned architect, Forma. Gehry is among the most influential artists in contemporary architecture, with his award-winning works spanning the globe, including the Guggenheim Museum in… BilbaoWalt Disney Concert Hall AngelsAnd the Louis Vuitton Foundation Paris. Forma marks Giri V’s first residential tower Canada and his tallest building in the world, paving the way for the revered architect’s return to his birthplace and the city that inspired his love of architecture. The construction phase of the East Tower comes with the team’s arrival 1 billion dollars On sales in less than a year.

“We are thrilled to stand on the future site of Forma to mark the official start of turning this extraordinary vision into reality,” he says. Mitchell CohenChief Operating Officer, Westdale Properties. “This project truly raises the bar for the future of urban living toronto. There are hundreds of people who have worked to get us here, and I am proud to work with a strong team that promotes a thoughtful approach to architecture and interior design. “After nearly a decade of planning, the momentum for this project continues to grow, which is evidenced by the amazing reception we have received so far.”

Since its launch in June 2022Forma has been a huge success. In November, the project saw the highly desirable penthouse suite at Forma sell for over $100 20 million dollars. This latest sales achievement reinforces the continued desire to build new luxury residential homes in toronto.

“This building is very close to my heart. toronto It’s my hometown, and I wanted to do right by it. We wanted to build a building that paid tribute to him toronto Rich past while also looking forward to its optimistic future. I hope we have succeeded in creating a sculpture on the skyline that reflects the light and essence of this city that I love,” he says sincere Geary, Geary Partners LLP.

Distinguished by its shimmering facade and quirky shape, Forma will create an unforgettable statement toronto Sky line. By offsetting the floor plates, the design ensures unparalleled views from every suite, giving residents an exclusive opportunity to experience toronto From countless angles. The exterior is designed to reflect the light and color of the city.

Along with Jerry, the world-famous interior designer Paolo FerrariStudio founder Paolo Ferrari was brought in to design the interiors. Inspired by Gehry’s vision, Ferrari drew from his extensive experience working on international hospitality projects to create an amenity design that strikes a compelling balance between abundance and serenity. Amenities include a Creator’s Club featuring multi-functional workspaces, an adjacent Maker’s Studio for hands-on activities, a large suite with expansive views of the city skyline, plus a health and wellness retreat with a spa, Jacuzzi and a dedicated whirl room.

To register and learn more about Forma, please visit: https://formatoronto.com/.

About the Gulf Group

Established in 1975, Great Gulf Group includes Great Gulf Homes; Ashton Woods Homes, the largest private home builder in the United States; First Gulf, a commercial developer specializing in industrial, laboratory, data center and mixed-use properties; Tucker HiRise, which specializes in building high-density, mixed-use projects; H+ME Technology, a precision engineered panel manufacturing facility; New entertainment and resorts department responsible for taboo and Laura Bay in ontarioAnd Mount Killington in Vermont; and a build-for-rent division with a growing presence across America’s Sunbelt states. Learn more at www.greatgulfgroup.com.

About Dream Unlimited

Dream is a leading developer of exceptional office and residential assets in torontoowns stable income-generating assets in both Canada and the United States, and has a well-established and successful asset management business, including 24 billion dollars of assets under management across four Toronto Stock Exchange-listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record of innovation and our ability to source, structure and execute attractive investment opportunities. For more information, please visit our website at www.dream.ca.

About Dream Impact Trust

Dream Impact Trust is an open trust dedicated to impact investing. Dream Impact’s core portfolio consists of exceptional real estate assets listed within two operating segments: development and investment properties, and recurring income, which would not otherwise be available in a fully public and transparent vehicle, managed by an experienced team with a proven track record of success. In these areas. Dream Impact’s goals are to create positive and lasting impacts for our stakeholders through our three impact sectors: Environmental Sustainability and Resilience, Attainable and Affordable Housing, and Inclusive Communities; While generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

About Westdale Properties

For more than 60 years, Westdale has owned, managed and developed real estate across the country Canada And United State. A family-owned company, Westdale is committed to creating positive experiences for the tens of thousands of North Americans who call our buildings home, and for those who work and shop at our properties. This commitment extends to our partners, suppliers, contractors and our team of more than 1,400 specialized employees. With the core business consisting of over 50,000 residential units in ontario, Quebec In 11 U.S. states, Westdale continues to expand its portfolio to include more than 4 million square feet of retail, office, industrial, food and beverage, hotel and resort properties on both sides of the border. Westdale is also actively involved in a number of important urban residential projects across it north americaincluding projects in toronto, Halifax, Kitchener, Atlanta, Dallas And Miami. Please visit: www.westdaleproperties.com.

Source: Greater Gulf Group

For more information: Samantha Lim, (email protected), 613-983-8365; Raquel Ruiz, (email protected), 647-268-0990

(Tags for translation) Greater Gulf Group

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