Nobu plans hotel/condo in Toronto

TORONTO — Upscale Japanese-fusion restaurant chain Nobu is making its first foray into the Canadian market with a combination hotel/condo complex in Toronto, it was announced March 8.

TORONTO — Upscale Japanese-fusion restaurant chain Nobu is making its first foray into the Canadian market with a combination hotel/condo complex in Toronto, it was announced March 8.

Founded by chef Nobu Matsuhisa, Academy Award-winning actor Robert De Niro and Hollywood producer Meir Teper, the brand is building two 49-storey towers, which are set to include 700 condominium suites, hotel rooms and a 15,000-square-foot restaurant on Mercer Street, in Toronto’s Entertainment District. Construction is expected to begin in 2018.

The first Nobu restaurant was launched in New York in 1995 and the brand has since expanded to cities including Beijing, Dubai, Las Vegas, London, Melbourne, Mexico City and Moscow.

Nobu hotels are found in cities including Chicago, Malibu, Calif., Manila, Miami and Riyadh.

Toronto is the first city to have a restaurant integrated with Nobu-branded high-rise residences and a hotel, the company said in a release.