Interesting that the presentation centre is at 200 University on the 3rd floor. It would seem that they are planning to fore go the usual on site sales office/presentation centre like Ritz, Trump, Four Seasons ect. The email I just received, copy below.
"TORONTO LOVES LIVING SHANGRI-LA
202 of 352 Homes Sold in the first 60 days
Open House This Weekend Only
When: Saturday & Sunday (June 9 & 10)
Time: 12-5pm, No appointment necessary.
Where: Living Shangri-La Toronto Presentation Centre
3rd Floor, 200 University Avenue
Complimentary valet parking is available!
Drinks and Hors d'oeuvres will be served.
There are many great homes are still available.
One and Two bedroom Residences starting from $800,000
Two and Three Bedroom Estates with Private Two Car Garages from $2,300,000"
With 202 of 353 units already sold why bother to construct a sales centre on site. They obviously intend to start construction before next spring is over. That gives them a three year build time to early 2011 occupancy.
I know this group (Westbank) and they don't mess around. They just get things done. I met the VP at the Azure launch in Dallas a couple of years ago. He was there with Chen. That's were I learned of the Shangri La expansion plans into London UK, Chicago, Vancouver, and Toronto. With Chen designing the Canadian hotels.
I would expect Four Seasons to be under construction by early next year as well.
Raffles also could be in the mix for a 2008 start if their deal with Tridel goes through.