Michael Lewis
Special to GTA Construction News
Lifetime Developments and DiamondCorp say they have broken ground at Q Tower, a 60-storey condominium project that will bring nearly 980 residential suites to 200 Queens Quay West in Toronto.
The developers in a statement say the milestone marks the start of a project with an estimated cost of more than $640 million dollars that will create hundreds of jobs across construction and related industries. Construction is set to finish by early 2030.
Designed by Wallman Architects with interiors by U31, Q Tower will feature suites with views of the city skyline and Lake Ontario.
“With Toronto continuing its rapid growth and expansion, Q Tower is arriving at precisely the right time,” said Brian Brown, principal, Lifetime Developments. “Breaking ground this year ensures we’re ahead of the curve in delivering much-needed housing to meet demand through 2030.”
“In today’s market, where few projects will reach completion by the end of this decade, Q Tower distinguishes itself as a rare and dependable project,” added DiamondCorp president Ty Diamond.
Q Tower will feature amenities including a kids’ zone, social lounge, fitness and recreation spaces, outdoor dining terraces, and a street-level lobby with retail frontage. A collaboration with contemporary German pop artist Michael Moebius will imbue Q Tower’s common areas with his signature hyper-realistic illustrative portraits of cultural icons.
