It's going to be a very busy year for Daniels in 2011. On top of an already full line-up of new releases, they continue adding more. Their latest release is Cinema Tower at 21-31 Widmer St, Toronto, Ontario. Daniels just announced that they will have a VIP sales event for their new Condo; Cinema Tower in the new year. And because Daniels is such a big developer, they went ahead and started construction before selling the units. (They did the same thing with the Paintbox Condominium which is also scheduled to be launched in 2011)
What makes the Cinema Tower unique is that residents of this tower get access to the Bell Lightbox & other Toronto International Film Festival events. Located in the heart of the entertainment district, Cinema Tower will be another landmark for Toronto. It is 43 stories high (was supposed to be 44) and contains 444 suites. On top of that, prices are starting at mid $300,00s. Which is very good considering that Mercer Condo sold for the same prices and isn't going to be nearly as iconic as this one.
Residents of Cinema Tower get access too all the same amenities as Festival Tower. Which is very good for the Cinema Tower residents but not so good for the Festival Tower owners since they lost their exclusivity to those amenities. I know some resident in the Festival Tower who are not happy with this but on the bright side, I'm sure their maintenance fee won't go up too much in the future since it is being shared by Cinema Tower residents.