One Bloor East - Toronto, Ontario - Building Buildings on Waymarking.com

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.

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. 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. 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. On July 22, 2009, the Star reported that Bazis had sold the property to privately held Great Gulf Homes, who had expressed interest in building a skyscraper on the site. The Bazis proposal died as a result of the sale.

The project was rebranded to feature a 70+ storey condominium tower to be built on the same site by Great Gulf Homes. Construction began in May 2011.

Completion is scheduled for 2015.

Architect: Hariri Pontarini Architects Number of Stories: 76 Building Type: Residential Projected Start & Finish Date: From: 05/01/2011 To: 12/31/2015 Website Address: [Web Link] Public: no Construction Completed: no

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