Bjarke Ingels Group
Westbank Corp and Allied Properties REIT
KING Toronto is a new condo development by Westbank Corp and Allied Properties REIT currently in preconstruction at 489 - 539 King St West (West of Spadina) in the King West Fashion District area.
The building was designed by the Bjarke Ingels Group (BIG) - led by Bjarke Ingels, a world renowned architecture for his work on the Serpentine Pavilion, the Via 57 West, and his appearance on the Netflix Original “Abstract”, he is widely known for his ideas of pragmatic utopia and want architects to transform from builders of stereotypical houses to become designers of ecosystem and to encourage social interactions through architecture.
The building is zoned and certified for office, public space, residential and retail purposes.
The building has a total of 495 units across 16 stories.
The expected occupancy is 2023.
Pricing is being forecasted at $1500/sf.
KING a perfect walk score and transit score since it is located in the heart of King West’s Entertainment District.
Currently on the KING Toronto site at 485-539 King Street West is the installation of Unzipped, designed by Bjarke Ingels and The BIG Group, which began as part of the Serpentine Galleries in London, UK and will be open to the public as an exhibition celebrating the launch of KING Toronto.
Benefiting from its certifications for housing, retail, and boutique office space, it is conceived as a vertical community meant to expand on the heritage building already existing on the site.
The building is organized as a traditional perimeter block with a public plaza in the center.
Surrounding the plaza it rises as sets of pixels, each pixel set at the size of a room; rotated 45 degrees from the street grid to increase exposure to light and air.
KING Toronto is the fourth Toronto project for Westbank.
Westbank is Canada’s leading luxury residential and mixed-use real estate development company.
Their first project in Toronto was the successful Shangri-La Hotel & Residences Toronto. With two projects currently under construction in Toronto at 19 Duncan Street and the highly-anticipated Mirvish Village redevelopment Westbank is continuing to expand their presence in Toronto.