here's their press release from today....

Shangri-La Hotel, Toronto to Open 2011


TORONTO, ONTARIO--(Marketwire - April 8, 2008) -

Editors Note: A photo for this release will be available via Marketwire on the picture wire of The Canadian Press

Shangri-La Hotels and Resorts, Asia Pacific's leading luxury hotel group, signed an agreement with Vancouver's Westbank and Peterson Group to manage the 202-room five-star Shangri-La Hotel, Toronto opening 2011. The hotel will be Shangri-La's second property in Canada following the debut of the Shangri-La Hotel, Vancouver in January 2009 by the same development team.

The Shangri-La Hotel, Toronto will be located on University Avenue at Adelaide Street within walking distance of central downtown office buildings, theatres, performance venues plus the vibrant Bloor Yorkville shopping and dining area. Luxury condominium residences will be located on the upper levels of the tower.

The hotel will occupy the first 17 floors of the C$430 million 66-storey tower. Its 202 guestrooms will be among the most spacious in the city and decorated in a contemporary style with Asian highlights.

Guests entering the hotel through an elegant vaulted forecourt will be welcomed into a spacious three-storey glass atrium lobby offering streetscape views. The heart of the hotel will be its lobby lounge - an "urban living room" with a sidewalk cafe nestled in the shadow of the boulevard trees overlooking University Avenue. Breakfast, lunch and afternoon tea service will be followed by tapas and evening entertainment in the relaxed yet refined lounge.

The street-level club-style bar will lead to a mezzanine level feature restaurant overlooking University Avenue, the new Opera House and Queen's Park. It will be open for lunch and dinner, pre- and post-theatre. A private dining room will look out over the lobby.

CHI, The Spa - Shangri-La's signature spa brand - will offer treatments to in-house guests, condominium owners and local residents. Inspired by the origins of the Shangri-La legend, the CHI concept is based on Chinese and Himalayan healing therapies. Each of the 10 private CHI treatment rooms and one double treatment suite will provide a "spa within a spa" atmosphere, offering guests the luxury of time and space.

The hotel's function rooms, on the third floor, will open onto a landscaped garden terrace as well as overlook the historic Bishop's Block to the southwest. The ballroom will seat 200 and four smaller rooms will seat 12 to 50 persons. All function rooms will offer floor-to-ceiling windows and an elegant pre-function foyer. A screening room/theatre seating 50 guests will provide a venue for screenings or executive presentations that require dramatic special effects.

"We are delighted to announce our second project in Canada with Westbank and Peterson," said Giovanni Angelini, Shangri-La's chief executive officer and managing director. "Our Canadian properties will offer travelers Shangri-La's renowned Asian-style hospitality complemented by luxurious guestrooms, fine dining, and state-of-the-art facilities."

Ian Gillespie, president of Westbank, added, "The Shangri-La in Vancouver and in Toronto both have ideal locations, and each property will undoubtedly become one of their respective city's leading deluxe hotels under Shangri-La's award-winning management."

Hong Kong-based Shangri-La Hotels and Resorts currently owns and manages 55 hotels under Shangri-La and Traders brands with a rooms inventory of over 28,000. Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services. Shangri-La hotels are located in Australia, mainland China, Fiji, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, Sultanate of Oman, Taiwan, Thailand and the United Arab Emirates.
The group has over 50 projects under development in Austria, Canada, mainland China, France, India, Japan, Macau, Maldives, Philippines, Qatar, Seychelles, Thailand, United Arab Emirates, United Kingdom and the United States. For more information or reservations, please contact a travel professional or access the website at www.shangri-la.com.

The group has projects under development in Canada, mainland China, France, India, Japan, Austria, Macau, Maldives, Philippines, Qatar, Seychelles, Thailand, United Arab Emirates, United Kingdom and the United States. For more information or reservations, please contact a travel professional or access the website at www.shangri-la.com.

Westbank is Canada's pre-eminent luxury residential developer. The company was founded in 1992 and emerged as a leader in the development of retail shopping centres. Today, emphasis is on selecting key urban spaces to develop environmentally sensitive mixed-use/residential properties, defined by world-class design, amenities, landscape architecture and compelling public art. Westbank is currently developing or has completed over 11 million square feet of real estate exceeding $3.7 billion in cost with new properties in Toronto, Vancouver, Victoria, Edmonton and Dallas.

Peterson Group is a leading private real estate and manufacturing company with offices in Vancouver and Hong Kong. The company is recognized among its peers for bringing a proven, progressive and entrepreneurial approach to signature developments and acquisitions as well as to ventures in the manufacturing sector. Peterson Group's North American real estate portfolio totals over 5.4 million square feet and is comprised of large, mixed-use developments including retail, office, residential and institutional properties.

For digitised pictures of the group's hotels, please go to http://www.shangri-la.com/imagelibrary.
 
Hooray for the Shangri-la-dee-da! They better bust a move though; the Donald's tower is already a hole in the ground.
 
steel workers: meet your shangri la!

Today:
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This will hopefully be one of the nicest new developments for the big highrises downtown. Great location that will really make an impact. I just hope they do something really special to showcase this development.
 
Great photo.
Maybe you add RBC and Ritz in background...so we can see the complete effect to skyline.
 

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