Woodbine Live! Gets Nod

Toronto councilors yesterday overwhelmingly rubber stamped the $120 Million tax break for Woodbine Live! The project is expected to create as many as 2,500 full-time jobs. Woodbine Live is a $1 billion multi-use entertainment /retail complex on 25 acres beside Woodbine Racetrack.

Toronto Mayor, David Miller told reporters, “The development will mean good things for the community. There is an enormous parking lot in the middle of Etobicoke right now that’s going to be turned into a destination for entertainment. We’ve managed to negotiate significant benefits for the city, including a unique training program for people in neighborhoods marked by poverty who need opportunity the most,” he said, noting that it will ultimately add $250 million to the city’s coffers by 2028.”