TORONTO, April 20 /CNW/ - Mayor David Miller and John Cassaday, President
and CEO of Corus Entertainment Inc., announced today that Corus has agreed to
be the first employer in the new East Bayfront precinct in the development
currently known as Project Symphony.
Through a proposed lease with Toronto Economic Development Corporation
(TEDCO), upon City Council approval, Corus would occupy a new building south
of Queen's Quay and east of the Jarvis slip in late 2009.
"Corus Entertainment is delighted to be a part of this exciting
waterfront revitalization project," said John Cassaday. "We are confident that
our great brands and the collective strength of our 1,300 Toronto-based
employees will have a positive impact on the goal of making our city's
waterfront a thriving business and cultural destination for Torontonians and
"Toronto welcomes Corus Entertainment to our waterfront," said Mayor
Miller, "We envision other knowledge-industry leaders joining them on the
shores of Lake Ontario." Miller emphasized East Bayfront's new infrastructure
standards including ultra-broadband networks, LEED GOLD design, parks and
The building will be surrounded by lively and accessible public space
designed by West 8 and du Toit Allsopp Hillier, the winner of an international
design competition held by TWRC in 2006.
Corus Entertainment Inc., a Canadian-based media and entertainment
company, is a market leader in specialty television and radio with additional
assets in pay television, advertising and digital audio services, television
broadcasting, children's book publishing and children's animation. The
company's multimedia entertainment brands include YTV, Treehouse, W Network,
Movie Central, Nelvana, Kids Can Press and radio stations including CKNW,
CKOI, 102.1 the Edge and Q107. Corus creates engaging branded entertainment
experiences for its audiences across multiple platforms. A publicly traded
company, Corus is listed on the Toronto (CJR.B) and New York (CJR) exchanges.
For more information, visit Corus at www.corusent.com.
Toronto is Canada's largest city and sixth largest government, and home
to a diverse population of about 2.6 million people. It is the economic engine
of Canada and one of the greenest and most creative cities in North America.
In the past three years Toronto has won more than 50 awards for quality and
innovation in delivering public services. Toronto's government is dedicated to
prosperity, opportunity and liveability for all its residents.
Visit our website at www.toronto.ca
For further information:
For further information: Media contacts: Tracy Ewing, Corus
Entertainment, (416) 642-3792; Stuart Green, Office of Mayor Miller, (416)