Toronto Pinnacle Centre Condos | 161.84m | 55s | Pinnacle | P + S / IBI

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Pinnicle Centre from EyeTower at www.flickr.com

This picture was taken when there were about 14-15 floors to go..........
I'm pretty sure it's down to 12 floors by now.
 
That's the first shot i've seen that shows the 4th tower above ground, with work being done on the second podium level
 
That's the first shot i've seen that shows the 4th tower above ground, with work being done on the second podium level
The 4th tower is above ground but I think they are now doing little or no work on it. (It is up to a finished floor 1 above grade.)
Are they going to finish #3 first and move the concrete guys to #4 or are they simply going to stop? Will the one floor of Tower 4 be the next Bay-Adelaide stump?
 
The 4th tower is above ground but I think they are now doing little or no work on it. (It is up to a finished floor 1 above grade.)
Are they going to finish #3 first and move the concrete guys to #4 or are they simply going to stop? Will the one floor of Tower 4 be the next Bay-Adelaide stump?

This project has sold fairly well,and i doubt that they will cancel tower 4.
 
The 4th tower is above ground but I think they are now doing little or no work on it. (It is up to a finished floor 1 above grade.)
Are they going to finish #3 first and move the concrete guys to #4 or are they simply going to stop? Will the one floor of Tower 4 be the next Bay-Adelaide stump?

Yellow Card warning. If you look through the pictures from the last months, you can see that the crane is moving around and progress is being made.
 
amazing shots CN ! really shows the scale of the project
 
wow success is turning out really good!
Even if its as some ppl say, just another green glass building in the green glass district...
Its no where near as generic as the others and is quite classy imo.

I think I can forgive it for the awful name now.
 
I just love this tower!!! - More! More! More!!
This afternoon (2pm) it was LESS, LESS, LESS as they were removing the crane from the stump of Tower 4 (the SW one which is at the first floor level.) Are they bringing in a bigger crane? Are they bringing in a new contractor? Are they taking a break?
 
The crane (Success #2) was gone a 5:05pm today. They have poured two floors (Success #1) this week, one floor was done on Monday late into the evening and they started another floor pour today, it will probably continue late into the evening again. They seem to have a parade of cement trucks lined up along Harbour during a pour. I guess they have to do the whole floor all at once. The new part of the parking garage is about ready to be used for the ACC center. They charge $25 on game night. The model they have in the sales office has also changed, only Success Tower #2 is left. Pinnacle #1 and Pinnacle #2 have 'Sold Out' signs on the empty spaces and Success #1 has a sign that says under construction on its empty space. Let the Rumours Begin!!! LOL
 
Is this the same pinnacle company? If so, the new CEO could be more cautious, and perhaps this development was one of the "high profile" condo projects to bite the LEH bullet?


http://www.reuters.com/article/pressRelease/idUS155249+02-Sep-2008+PRN20080902
Pinnacle Announces New Chief Financial Officer John Carrosino
Tue Sep 2, 2008 11:26am EDT SEATTLE, Sept. 2 /PRNewswire/ --

Pinnacle, an international real estate management firm, today announced the appointment of John Carrosino as its new
Chief Financial Officer (CFO), effective September 1. Carrosino will be
responsible for providing quantitative and qualitative analysis for major
projects, supervising internal financial controls, and cultivating
relationships with outside financial sources as Pinnacle continues to expand
internationally. He will also serve as a key advisor to the principals of
affiliates Olympic Investors, Cascade Affordable Housing, and Pinnacle AMS
Development Company.
"We welcome John as a key member of our management team," said Chief
Executive Officer Stan Harrelson. "His financial acumen and depth of
experience will be an invaluable asset as we continue to expand our
operations."
Carrosino has more than 26 years experience in financial management.
Before joining Pinnacle, he spent two years as CFO of Corliss Properties.
Carrosino also served as CFO of Associated Grocers, Inc. for four years and as
CFO of R.D. Merrill Co. for 10 years. He began his career in finance at Ernst
& Young.
Carrosino earned a Bachelor of Arts in Business Administration from
Seattle University. He is a certified public accountant in the state of
Washington and a member of the American Institute of Certified Public
Accountants.
About Pinnacle
Pinnacle, an American Management Services Company, is the nation's leader
in third-party fee management, managing a portfolio of apartment, office and
industrial assets valued at more than $17 billion, with over 4,600 employees
in 42 states. Pinnacle's multifamily portfolio consists of over 160,000
units. For more information, visit PinnacleAMS.com.
SOURCE Pinnacle

Jane Griffith of Pinnacle, +1-206-215-9730, jgriffith@prmc.com
 
Is this the same pinnacle company? If so, the new CEO could be more cautious, and perhaps this development was one of the "high profile" condo projects to bite the LEH bullet?


http://www.reuters.com/article/pressRelease/idUS155249+02-Sep-2008+PRN20080902
Pinnacle Announces New Chief Financial Officer John Carrosino
Tue Sep 2, 2008 11:26am EDT SEATTLE, Sept. 2 /PRNewswire/ --

Pinnacle, an international real estate management firm, today announced the appointment of John Carrosino as its new
Chief Financial Officer (CFO), effective September 1. Carrosino will be
responsible for providing quantitative and qualitative analysis for major
projects, supervising internal financial controls, and cultivating
relationships with outside financial sources as Pinnacle continues to expand
internationally. He will also serve as a key advisor to the principals of
affiliates Olympic Investors, Cascade Affordable Housing, and Pinnacle AMS
Development Company.
"We welcome John as a key member of our management team," said Chief
Executive Officer Stan Harrelson. "His financial acumen and depth of
experience will be an invaluable asset as we continue to expand our
operations."
Carrosino has more than 26 years experience in financial management.
Before joining Pinnacle, he spent two years as CFO of Corliss Properties.
Carrosino also served as CFO of Associated Grocers, Inc. for four years and as
CFO of R.D. Merrill Co. for 10 years. He began his career in finance at Ernst
& Young.
Carrosino earned a Bachelor of Arts in Business Administration from
Seattle University. He is a certified public accountant in the state of
Washington and a member of the American Institute of Certified Public
Accountants.
About Pinnacle
Pinnacle, an American Management Services Company, is the nation's leader
in third-party fee management, managing a portfolio of apartment, office and
industrial assets valued at more than $17 billion, with over 4,600 employees
in 42 states. Pinnacle's multifamily portfolio consists of over 160,000
units. For more information, visit PinnacleAMS.com.
SOURCE Pinnacle

Jane Griffith of Pinnacle, +1-206-215-9730, jgriffith@prmc.com


These companies don't seem to be related. Pinnacle International is Vancouver based: http://www.pinnacleinternational.ca/about.htm and Pinnacle AMS http://www.pinnacleams.com/flash_index.htmis is based in Seattle. If there is a linkage between the two their respective websites make no mention of it. It does not make sense that they would keep such a linkage a secret so I think we can conclude that this is a different "Pinnacle"
 

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