Forma Will Be the Tallest
Gehry-Designed Building in the World
TORONTO, March 31,
2022 /CNW/ -- Developers Great Gulf Group, Dream
(consisting of Dream Unlimited Corp. [TSX: DRM] and Dream Impact
Trust [TSX MPCT.UN]), and Westdale Properties today announce the
name unveiling of their newest mixed-use, two-tower development
designed by world-renowned architect Frank
Gehry. The development, Forma, will be the first
Gehry-designed new development in Canada and marks Frank
Gehry's homecoming to Toronto. What's more, the development will
feature the tallest Gehry-designed building in the world.
Gehry's work has been considered among the most influential in
contemporary architecture. Throughout his illustrious career he has
been recognized with numerous awards including the Pritzker Prize,
the world's most prestigious architecture award. A few of Gehry's
most notable projects include the Guggenheim Museum in Bilbao, the Walt Disney Concert Hall in
Los Angeles and Fondation Louis
Vuitton in Paris.
Named for the Latin and Italian meaning for form, shape and
appearance, and inspired by the towers' dancing movement, Forma
marks a bold, yet timeless masterpiece that will forever impact the
way that visitors and residents experience Toronto.
"As we continued to meet with Frank, his team and our partners,
we couldn't help but be drawn to the name, Forma," stated
Amanda Wilson Watkins, Senior
Vice-President, Sales & Marketing of Great Gulf Group. "The
'form' – in true Gehry fashion – reflects, both literally and
figuratively, the City of Toronto,
and pays homage to where Mr. Gehry grew up."
Gehry's unique art forms are the hallmark of his international
recognition, and the design of Forma's towers creates a sense of
movement that will transcend the building. Forma's iridescent
façade and twisting shape will reflect the colours of the sun and
the form of the surrounding buildings to change Toronto's skyline.
"Forma will be an exceptional addition to the city's downtown
Entertainment and Financial District," said Krystal Koo, Head of Marketing & Sales of
Dream Unlimited Corp. "By collaborating with a full team of local
and internationally recognized design talent, Forma brings
inspiration from around the world and will become a new landmark
for the city's skyline, elevating Toronto on the global stage."
Forma, a mixed-use development, located at Downtown Toronto's 266-284 King Street West, will feature two residential
towers – one will be 73 storeys and the other will be 84 storeys
with a total of 2034 condominiums – commercial and retail spaces
and a new space for OCAD University.
"Working with a global team to see the Forma brand come to life
has been inspiring," added Mitchell
Cohen, Chief Operating Officer of Westdale Properties. "We
are confident that Forma will put Toronto on the map as a world-class
architectural destination and look forward to the next phase of
this development as we reveal more details and launch sales later
this year."
Sales for Forma are coming soon. For more information visit:
www.formatoronto.com
About Great Gulf Group
Established in 1975, the Great
Gulf Group including Great Gulf Homes, an international
award-winning, low-rise and landmark high-rise residential
developer providing over 80,000 families with places to call home;
Ashton Woods Homes, the 2nd largest
private builder and 15th largest in the U.S.; First Gulf, an
innovative market leader in sustainable, accessible and
transit-oriented commercial developments and large scale
design-build industrial facilities; Tucker HiRise, a leading
construction management company, specializing in the construction
of high-density, mixed-used projects; H+ME Technology, a precision
engineering panelization manufacturing facility; and Taboo Muskoka,
one of Canada's top-ranked golf
courses, is one of North America's
premier real estate organizations. With major projects in
Canada and the United States, the company's fully
integrated activities span the entire real estate spectrum. Learn
more at www.greatgulfgroup.com.
About Dream Unlimited
Founded in 1994 with a vision
to revolutionize the way people live and work, Dream is one of
Canada's leading real estate
companies, with over $15 billion in
assets across North America and
Europe. Across the Dream group
platform, there is approximately 4 million square feet of GLA in
retail or commercial properties and over 20,000 condominium or
purpose-built rental units in our development pipeline and 9,000
acres of lands across Western
Canada. Responsible for some of the country's most iconic
and transformative projects, we always invest with purpose,
embracing creativity, passion and innovation, delivering strong
returns, while positively impacting the communities and the world
around us through our focus on impact investing.
About Westdale Properties
For more than 60
years, Westdale has owned, managed and developed real estate
across Canada and the United States. 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 over 1,400 dedicated employees. With a
core business consisting of over 50,000 residential units in
Ontario, Quebec and 11 U.S.
states, Westdale continues to expand its portfolio to
include over 4 million square feet of retail, office, industrial,
food & beverage, hotel and resort properties on both sides of
the border. Westdale is also actively involved in a
number of significant urban residential developments across
North America, including projects
in Toronto, Halifax, Kitchener, Atlanta, Dallas and Miami.
Media Contact:
Quinn PR
gehry@quinn.pr
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SOURCE Great Gulf Group; Dream Unlimited; Westdale
Properties