Plans for us$ 3 billion condo-casino complex in Toronto unveiled

The 11-acre project would also include hotel and residential units, retail and office space, 4,000 underground parking spots and 5.5 acres of public park that would connect downtown to the waterfront by crossing the railway corridor.

“If the decision is made to have a casino in the City of Toronto, Oxford believes it can provide the best location and the ideal solution for all stakeholders,” Oxford Properties CEO Bruce Hutcheson said in the release, adding that the project would would not require any public infrastructure or funding.

Conceptual drawings for the project show the casino and hotel housed in two towers to the north of the Rogers Centre and another two towers to the north of the CN Tower that would be home to residential and office space.

“Oxford has a considerable vested interest both in this project and in the downtown core,” said Hutcheson. “We have engaged an extraordinary team to develop the very best plan for this site and to transform this entertainment and commercial hub into a world class destination.”

According to the release, the casino would take up less than 10 % of Oxford Place’s total area and would be paid for by a casino operator selected by the province.