One Bloor

From Wikipedia, the free encyclopedia
  (Redirected from One Bloor East)
Jump to: navigation, search
One Bloor
One Bloor East, Toronto, Ontario, Exterior Rendering.jpg
One Bloor exterior rendering
General information
Status Under construction
Type Residential, retail
Location 1 Bloor Street East, Toronto, Ontario, Canada
Coordinates 43°40′13″N 79°23′11″W / 43.6702°N 79.3865°W / 43.6702; -79.3865
Construction started August 2011
Topped-out Fall 2015
Estimated completion Winter 2015–2016
Opening Spring 2016
Height
Roof 257 m (843 ft)
Technical details
Floor count 76
Floor area 68,634 square metres (738,770 sq ft)
Design and construction
Architect Hariri Pontarini Architects
Developer Great Gulf Homes
Main contractor Tucker Hi-Rise Construction

One Bloor, previously One Bloor East and Number One Bloor, is a mixed-use skyscraper under construction at the intersection of Bloor Street and Yonge Street in downtown Toronto, Ontario, Canada. The project was initially launched by developer Bazis International Inc. in 2007, before being cancelled and re-developed under developer Great Gulf Homes. The two-storey buildings located on the site were demolished in December 2008. The 76-storey tower topped out in late 2015.

History[edit]

There have been several attempts to build a residential building at No. 1 Bloor Street East. In 2005, a 60-storey tower was proposed by Young and Wright.[1] The site was then sold to Bazis International, and finally to Great Gulf Homes. The site was formerly a two storey retail building with a Harveys and City Optical on the ground floor, which was demolished once the One Bloor project proceeded.

Bazis proposal[edit]

In 2007, an 80-storey proposal was announced with much fanfare by Bazis International. The existing two-storey buildings located on the site were demolished in December 2008.

It was to be approximately 275 m (902.2 ft) tall and was designed by Rosario Varacalli.[1] The proposal called for a semi-transparent metal and glass tower with environmentally friendly and efficient technology. The building planned to include 189 hotel rooms and 612 condominium units.

In July 2009, both the final scope and the eventual fate of the project were called into question. News reports stated that the height would be reduced to 67 storeys to reduce the construction costs.[2] The Toronto Star also reported that a group of lenders sought to have their $46 million loan be repaid, or that the court allow them to buy the vacant land. The lenders reportedly made a failed bid of $50.5 million to Bazis for the land.[3] Bazis purchased the site for $63 million in 2007, and cited the global lending crisis as a reason for the height reduction and the loan being in default.[4]

Sale to Great Gulf[edit]

One Bloor site, September 2009
One Bloor construction site in April 2015

On July 22, 2009, the Star reported that Bazis has sold the property to privately held Great Gulf Homes, who have expressed interest in building a skyscraper on the site.[5] The Bazis proposal died as a result of the sale. Great Gulf Homes relaunched the plans to build a condo tower there with a new design, reduced height (initially 91 to 80, but then 80 floors to 65), and a new name.

Buoyed by strong sales, One Bloor grew from the downsized 65 floors to 70 floors and again to 75 floors. The skyscraper's final height will be 257 m (844 ft), making it the second tallest residential tower in Toronto and Canada, after Aura.[6] The first move in date is projected to be by early 2015.

The building is designed by Hariri Pontarini Architects, overseen by David Pontarini. Number One Bloor features over 27,000 square feet (2,500 m2) of resort-inspired amenities on the sixth and seventh floors designed by Cecconi Simone. On the seventh floor terrace, there is 19,000 square feet (1,800 m2) of outdoor amenity space designed by Janet Rosenberg + Associates, Landscape Architecture/Urban Design.

The six-storey podium will include 100,000 square feet (9,300 m2) of retail space.[7] One major tenant, the American Nordstrom Rack chain will open a 40,000 square feet (3,700 m2) store. It will be the chain's first Canadian location.[8]

Construction[edit]

Foundations of One Bloor in January 2013

The project has been rebranded. The final scheme comprises a 76-storey condominium tower built by Great Gulf Homes. Construction began in August 2011.[9]

See also[edit]

References[edit]

  1. ^ a b Bentley Mays, John (11 September 2015). "Yonge-Bloor reinvention is indeed special: As One Bloor takes shape, it is revealed as robust, dramatic and briskly urbane". The Globe and Mail. p. G2. 
  2. ^ - Toronto Star
  3. ^ Wong, Tony (14 August 2009). "Developer sells failed 1 Bloor condo-hotel property". Toronto Star. 
  4. ^ - New Release
  5. ^ Donovan, Kevin (22 July 2009). "Tower's future up in the air as Yonge-Bloor site being sold". Toronto Star. 
  6. ^ Urban Toronto. "One Bloor East Urban Toronto Database". Retrieved 2014-12-16. 
  7. ^ Hume, Christopher (13 February 2015). "Bloor Street may be messy, but it's vital". Toronto Star. p. GT.4. 
  8. ^ "Nordstrom Rack launches first Canadian Location at One Bloor" (Press release). First Gulf. February 23, 2016. 
  9. ^ "Number One Bloor". MENA Report. 19 May 2015. 

External links[edit]