The ONE Group plans to open in Toronto

The ONE Group Hospitality, Inc. (NASDAQ: STKS) said its subsidiary has completed a management agreement to open an STK in Toronto–marking the company´s first location in Canada.

Planned to open in 2016, the restaurant will be located in the cosmopolitan neighborhood of Bloor-Yorkville, home to the city´s luxury shopping, restaurants and hotels.

STK Toronto will be located at 155 Yorkville Avenue, and will feature 8,880 square feet.

The ONE Group is a global hospitality company that develops and operates upscale, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both nationally and internationally.