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As seen on Urban Toronto, October 1, 2015 1:33 pm | by Jack Landau
Perhaps one of Toronto’s most dramatic neighbourhood transitions in progress is that of the Dundas and Jarvis area. A part of the city recently considered somewhat undesirable, the area surrounding the intersection is seeing a renaissance of investment, fueled by a surging real estate market and a growing demand for student housing in the vicinity of Ryerson University. Another page was turned in this area’s growth saga yesterday, when ground was ceremonially broken at the future site of Gupta Group’s Dundas Square Gardens.
TORONTO, June 29, 2015 – At Ryerson University’s Spring 2015 Convocation, Steve Gupta, CEO/President of The Gupta Group and Easton’s Group of Hotels, was honoured with a Doctor of Laws honoris causa degree.
He was one of two distinguished individuals recognized for making outstanding contributions to their fields. The presentation took place as part of the Ted Rogers School of Management convocation ceremony, Friday, June 12, 2015.
Toronto’s downtown Garden District is getting a residential investment that will, in turn, create a $1-million donation to neighbour Ryerson University.
New condo development Dundas Square Gardens plans nearly 1,000 condo units — and revitalization — for the area. The site, at Dundas and Jarvis Sts., is just east of the iconic, city-block Dundas Square, and bordered by Carlton, Sherbourne, Queen and Yonge Sts.
This article originally appeared in Maclean’s Magazine. By Peter C. Newman.
When he was growing up in Patiala, a modest provincial city in the Punjab, Suresh (Steve) Gupta topped his class in math and English, but he lived for his dreams. They included the usual youthful fantasies about having one big mother of a car, but he spent many more nights visualizing the luxury hotels he was determined someday to build and own.