From 263 Adelaide:

The current plans call for 263 Adelaide Street West to be re-developed into a forty plus storey mixed-use residential and office complex, containing approximately 340 residential suites and 60,000 square feet of commercial and office space. The project planning process has commenced and we expect this to be one of the most dynamic projects in the downtown core. Located in the entertainment and financial capital of Canada, the development will be designed with a creative edge that will capture the essence of downtown living. The office space will be ideal for dynamic business in a niche industry consistent with the city's plans for a cultural centre.