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Massive aquarium planned for base of CN Tower

According to the Globe & Mail, Toronto could see the completion of a 50,000 square-foot aquarium at the foot of the CN Tower within the next three years: "a boon for the nearby entertainment and waterfront districts, and for the burgeoning convention business in Toronto". Ripley's Believe It Or Not, the company behind the proposed attraction is also slated to construct a 47,000-square-foot retail and restaurant on the site. While the proposal is still tentative, as no funding plan has yet been finalized, the Canada Lands Company (CLC), (the Crown corporation which owns the CN Tower) have already signed a long-term land lease deal with Ripley.

"There's a reason they're choosing Toronto - it speaks well of the destination," said David Whitaker, the president and chief executive officer of Tourism Toronto. "We're really starting to find our swagger."
But landing the contract to build and operate an aquarium in the shadow of one of Canada's most popular tourist draws is also a coup for Vancouver business titan Jim Pattison: Ripley Entertainment Inc., is a division of his Jim Pattison Group, the third-largest private company in the country.

"The location is magnificent for us," said Tim O'Brien, vice-president of communications for Ripley, which already owns two major aquariums in Myrtle Beach, S.C., and Gatlinburg, Tenn."

Click here to read the full Globe & Mail article
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