Pursuits
Billionaire Westons Fund Said Among Bidders on Toronto LCBO Plot
- Wittington is seeking 11 acres of waterfront property
- Province selling LCBO-owned land to fund infrastructure
The Mother of All Land Deals in Toronto
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An investing vehicle run by the Westons, one of Canada’s richest families, is among companies bidding on what may be Toronto’s biggest land deal, according to people with knowledge of the plans.
Wittington Properties Ltd. is in the running with at least two other companies to acquire an 11-acre (4.5-hectare) plot near the city’s waterfront owned by the Liquor Control Board of Ontario, the provincially owned alcohol retailer, said the people, who asked not to be identified because the bidding is private.