MGM Resorts International will pitch what would be its first hotel-casino in Canada, after reaching a joint-venture agreement with developer Cadillac Fairview to build a project in the Toronto area.
MGM Resorts didn’t disclose the proposed scope of the resort or when it would open. It did say that the development would include a permanent Cirque du Soleil show as well as a restaurant helmed by Toronto-based celebrity chef Mark McEwan.
Toronto-based Cadillac Fairview, which is owned by the Ontario Teachers’ Pension Plan, owns more than $20 billion in real estate, including Toronto’s Eaton Centre and Simcoe Place shopping centers.
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