The Toronto City Council, by a vote of 32-6 on Wednesday, approved a plan to give the Woodbine Entertainment Group a $120 million tax break over 20 years for its Woodbine Live! development project.
Woodbine Entertainment had applied for the tax break under the city's community improvement program.
The project, a partnership between Woodbine Entertainment and the Baltimore-based developers The Cordish Company, is a $1 billion-plus, 180-acre project combining retail, entertainment, and residential elements.