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The area's First Canadian Place is the tallest building in Canada at height of 298 metres (978 feet).The CN Tower, once the tallest free-standing structure in the world, remains the tallest such structure in the Americas, standing at 553.33 metres (1,815 ft., 5 inches).It is a community of distinct downtown neighbourhoods including the site of the original Town of York, which was Toronto's first neighbourhood, dating back to 1793. It is home to hundreds of restaurants, nightclubs, sporting facilities, boutiques, hotels, attractions, and live theatre.The area boasts one of the largest concentrations of 19th century buildings in Ontario. The district was formerly an industrial area and was redeveloped for entertainment purposes in the early 1980s, becoming a major centre for entertainment.There is a large cluster of retail centres and shops in the area, including the Toronto Eaton Centre indoor mall.There are an estimated 600 retail stores, 150 bars and restaurants, and 7 hotels.The construction of skyscrapers in downtown Toronto had started to rapidly increase during the 1960s. Lawrence to the east of the financial district is one of the oldest area of Toronto. Paul's Basilica, the Enoch Turner School House, the Bank of Upper Canada, Le Royal Meridien King Edward Hotel, and the Gooderham Building. Other historical districts in downtown Toronto include Cabbagetown, Corktown, the Distillery District, and Old Town.It features heritage buildings, theatres, music, dining and many pubs. To the west of the financial district is the Entertainment District.
Many international and domestic businesses relocated to Toronto and created massive new skyscrapers downtown.It is also the location of the City of Toronto government and the Government of Ontario.The area is made up of the Canada’s largest concentration of skyscrapers and businesses that form Toronto's skyline.The area to the east of Yonge Street is still in transition, with conversion of industrial lands to mixed residential and commercial uses planned.
Among the important government headquarters in downtown Toronto include the Ontario Legislature, and the Toronto City Hall.Downtown Toronto is home to three public universities, OCAD University, Ryerson University, and the University of Toronto.