Toronto Pinnacle One Yonge | 345.5m | 105s | Pinnacle | Hariri Pontarini

[DSC]

It will be a great addition to our skyline.
Go pinnacle !

We shall see - some of their other projects have started off OK and then disappointed.

 

[biospherian]

So any news about the hearing held 2 days ago??

 

[interchange42]

So any news about the hearing held 2 days ago??

The settlement hearing is on November 3.

42

 

[innsertnamehere]

There was a OMB decision issued on October 21st. Apparently, the city and Pinnacle are almost done a settlement offer, with only minor parkland dedication rates remaining. An additional hearing has been scheduled for November 3rd to allow the board to approve the settlement and enact the required zoning by-laws. This is very close to approval!

 

[enrigue8]

That a very good news !
I hope they have a contractor in place and they can start sales as soon as possible.

 

[Praxus]

i wonder if they still plan on re-cladding the Star building?

 

[raptor]

From link:

the Settlement Hearing is now scheduled for one day on Tuesday, February 14, 2017

 

[Automation Gallery]

From link:

Wow, this just keeps on going forever

 

[enrigue8]

Oh no !
Why it 's so long for a landmark like that to be approved ?
A wait of almost 3 month is like waiting 30 years for me.
And i hope if it's approved on February 14 ,that this approval will be the final one.
What a torture !

 

[differential]

Build the damn thing, it's not that hard.

 

[Ramako]

Build the damn thing, it's not that hard.

lol what? Yeah planning, financing and building a nearly 100 story tower is easy peasy.

 

[Automation Gallery]

lol what? Yeah planning, financing and building a nearly 100 story tower is easy peasy.

True it's not, Pinnacle wouldn't plan such a massive development if they knew they couldn't build and sell it
but this thing has been dragging around city planning for the last 5 years with studies after studies to see what is appropriate to this area

 

[isaidso]

True it's not, Pinnacle wouldn't plan such a massive development if they knew they couldn't build and sell it
but this thing has been dragging around city planning for the last 5 years with studies after studies to see what is appropriate to this area

Agree. People are so used to how slow things move in this city that they think all is fine. Rules, regulations, and a process are important but you get to a point that a bureaucracy becomes bogged down and silly. This is a city that took years and an absurd amount of money to get 5 food trucks deployed in a city of 3 million people. And the kicker was they thought it constituted progress.

 

[UrbanAffair]

True it's not, Pinnacle wouldn't plan such a massive development if they knew they couldn't build and sell it
but this thing has been dragging around city planning for the last 5 years with studies after studies to see what is appropriate to this area

This delay was requested by the rep for Pinnacle.

 

[ADRM]

Not every project that doesn't move as quickly as some of us would like is symptomatic of broken bureaucracy.