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2015 in review: A big year in Toronto condo launches

Things to look forward to include a transformed athletes’ village and a mega-tower in an iconic corner of the city

Menkes’ One York/Harbour Plaza project, circled above, is currently under construction in the South Core district.

Menkes Developments Ltd.

Menkes’ One York/Harbour Plaza project, circled above, is currently under construction in the South Core district.

As we head into the new year, Metro looks back at some of Toronto’s biggest condo announcements during 2015: the whirlwind year of the condo.

Fashionable team

Remember when style icon Karl Lagerfeld came to town last February? In his first visit to Toronto, Lagerfeld announced his participation in a new midtown condo complex set to occupy the site of the former Art Shoppe showroom at Yonge and Eglinton.

Lagerfeld, one of the world’s most recognized fashion legends, will collaborate with the architectural team and interior designers Cecconi Simone to design the residential lobby spaces at the Art Shoppe Lofts + Condos.

Karl Lagerfeld inspects a model suite at the Art Shoppe Lofts + Condos in February.

Courtesy Brandon Communications

Karl Lagerfeld inspects a model suite at the Art Shoppe Lofts + Condos in February.

Post-Games

We all remember the summer of the Toronto 2015 Pan American/Parapan American Games, held at the site of the West Don Lands community. During the Games, the athletes’ village hosted approximately 10,000 athletes and officials from 41 countries.

The 32 hectares of land along the Don River has now been transformed, once again, into Toronto’s newest urban community. Its cafés, galleries and retail stores aim to galvanize the community and provide a range of options for shopping, dining and playing.

The Canary District currently features two condominium residences: the Canary District and the Canary Park, which have now been turned over to private residences.

South Core

Toronto’s South Core district has undergone massive changes this year. The new neighbourhood will see the extension of the financial district southwards towards the lake. This exciting new live-work-play community is currently a hive of construction activity.

Spearheading the development is a massive, mixed-use project by the Menkes Developments that consists of One York, a new office tower, and two residential condo towers comprising Harbour Plaza. The three buildings occupy a common podium with commercial and retail space.

Yonge and Bloor

In a surprise announcement last spring, Mizrahi Developments announced a proposal to construct an 80-storey mega-tower at the site of the venerable Stollerys clothing store at Yonge and Bloor. The One, as it is named, will feature a distinctive exoskeletal structure designed by high-profile British architect Norman Foster.

At 90 storeys, The One will be the second-tallest building in Canada next to the CN Tower.

Courtesy Mizrahi Developments

At 90 storeys, The One will be the second-tallest building in Canada next to the CN Tower.

By the waterfront

A ceremony in March marked the kickoff of the Daniels Waterfront — City of the Arts, a $700,000,000 mixed-use community occupying the site of the former Guvernment nightclub that promises to be the gateway to Toronto’s East Bayfront district.

The East Bayfront projects will transform an underutilized and quasi-industrial stretch of lands along Queen’s Quay, east of Jarvis Street.

Tridel’s Aquavista and Aqualina at Bayside condominiums are already underway at the foot of Parliament Street.