TORONTO – It’s long been cramped in Corus Entertainment’s overflowing Jefferson Ave. Toronto home but an announcement made Friday says that space problem might be alleviated come 2009.
Toronto Mayor David Miller and John Cassaday, president and CEO of Corus Entertainment Inc., that the company has agreed to be the first employer in the new East Bayfront precinct in the development currently known as Project Symphony.
Through a proposed lease with Toronto Economic Development Corporation (TEDCO), upon City Council approval, Corus would occupy a new building south of Queen’s Quay and east of the Jarvis slip in late 2009.
“Corus Entertainment is delighted to be a part of this exciting waterfront revitalization project,” said Cassaday, in the press release. “We are confident that our great brands and the collective strength of our 1,300 Toronto-based employees will have a positive impact on the goal of making our city’s waterfront a thriving business and cultural destination for Torontonians and visitors alike.”
“Toronto welcomes Corus Entertainment to our waterfront,” said Mayor Miller, “We envision other knowledge-industry leaders joining them on the shores of Lake Ontario.” Miller emphasized East Bayfront’s new infrastructure standards including ultra-broadband networks, LEED GOLD design, parks and transit-oriented development.
The building will be surrounded by lively and accessible public space designed by West 8 and du Toit Allsopp Hillier, the winner of an international design competition held by TWRC in 2006.
Radio, pay and specialty TV and content creator Corus Entertainment owns brands such as YTV, Treehouse, W Network, Movie Central, Nelvana, Kids Can Press, CKNW, CKOI, 102.1 the Edge and Q107.