The Toronto International Film Festival Group (TIFFG) expects to break ground in the spring on its much-anticipated Festival Centre, according to TIFFG.

The site consists of TIFFG's Festival Centre, a five-storey podium building housing the Group's operations, a gallery, five cinemas, educational suites and a film reference library, and Festival Tower, a 37-story residential condominium.

The measure of the anticipation was apparent in today's announcement that a fence was now in place around the designated site and that 'full hoarding' would be installed by early March.

'This truly is a momentous occasion for TIFFG and all our partners involved in this project,' said TIFFG director and CEO Piers Handling.