Shangri-La 180 Universtiy Ave

Price range: $550,000 to more than $10-million

Following up on its Living Shangri-La Vancouver hotel condominium project, Shangri- La Hotels and Resorts with Westbank and Peterson Group is introducing the new Living Shangri-La Toronto, designed by James K.M. Cheng Architects and Young Wright Architects. The hotel will occupy the first 17 floors of a $430-million, 65-storey tower. Luxury condominiums will be located on the upper levels. The hotel will feature a three-storey lobby with a cafe, a mezzanine-level restaurant overlooking University Avenue, and Chi, The Spa, the hotel and resort chain's spa brand. Hong Kong-based Shangri-La Hotels and Resorts currently manages 50 hotels around the world under Shangri-La and Traders brands.The building has a clean-lined contemporary design with Asian influences, featuring; spa, lounge, retail and restaurant spaces, along with hotel guest rooms and both pieda-terre and "estate style" residential suites.Builder/developer Westbank and Peterson Group, and Shangri-La Hotels and Resorts Building 65 storeys Suites Floors 18 to 48 feature one- and two-bedroom residences with larger private estate; suites on the 49th to 64th storeys, and two expansive penthouse units on the top floor. Size From approximately 800 to more than 6,000 square feet Occupancy Spring, 2011 Target market An international group of buyers, many with other homes, looking for a pieda-terre or a larger residence in a hotel building Features Suites include Italian-style kitchens, high-end Sub- Zero and Miele appliances and marble and stone finishes. Amenities Residents will be able to take advantage of the in-house spa, a fitness centre and such a la carte services as housekeeping and room service. There will be a concierge and doorman, and residents in the estate and penthouse suites will also have valet parking included. Standouts The hotel will feature restaurants and retail elements, the Four Seasons Centre for the Performing Arts is across the street and shopping and the services of downtown are close by.