Work begins on 85-storey residential/commercial tower in Toronto

Construction on what is slated to become the tallest liveable building nationwide has begun in Toronto last week, the structure’s developer announced.

The One, touted by developer Foster + Partners as a state-of-the-art building combining residential and commercial spaces, is an 85-storey, 306-metre structure situated at the border of the downtown area and the Yorkville neighbourhood.

The tower is designed as a “clearly articulated building” that will offer commercial units at lower levels and residential apartments at the higher floors.

“The structural frame is clearly expressed on the façade creating a distinctive series of vertical, horizontal and diagonal framing elements that are clad in a champagne bronze colour,” Foster + Partners stated. “The building is further articulated with the introduction of horizontal bands at regular intervals where mechanical floors are located. By expressing the functions and its distinctive structure, the building acquires a unique identity, becoming an outstanding new addition to the Toronto skyline.”

“The residential floors are based on consistent 57 square-metre (620-square-foot) planning modules, allowing for flexible configurations throughout. The tower is topped by a series of duplex penthouses, which have sweeping views across Lake Ontario and beyond,” the developer added.

“The One is the final piece of the jigsaw in the tower cluster at the Yonge and Bloor node – one of the most prominent intersections in the city. The project creates a new anchor for high-end retail along Bloor Street West, while respecting the urban scale of Yonge Street. The design is respectful of the legacy of the William Luke Buildings, and incorporates the historic 19th century brick structures within the larger development,” Foster + Partners senior partner Giles Robinson said.

“The One will set new standards for commercial and retail developments in Canada.”

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!