goodcitywhenfinished
Active Member
Shoutout to the GC and all the subs on this one - they seem to be absolutely crushing it
Developer proposes demolition of former Toronto Star office building at 1 Yonge St.
Vancouver-based Pinnacle International Realty Group’s plan would involve the demolition of the 25-storey tower and construction of two towers of 90 and 95 storeyswww.theglobeandmail.com
Apparently, the idea it would be demolished is not an entirely new one. Here's a screenshot from someone's review of the building on Google Maps from 5 years back:From the link above, the key bits:
View attachment 571987
The docs that Alex has seen come from a confidential, in-camera, meeting of both the Waterfront Design Review Panel and the City of Toronto Design Review panels.
The meetings were pre-application. So there are no new docs in the AIC, and outside of the height, everyone is being tight lipped about the details.
To be clear, this would remove the majority of the office space.
From the link above, the key bits:
View attachment 571987
The docs that Alex has seen come from a confidential, in-camera, meeting of both the Waterfront Design Review Panel and the City of Toronto Design Review panels.
Corrections: that’s not how the sourcing in the story is worded, and it is written by Shane Dingman.
one more to add to the many (better) pics -
View attachment 572004
Wow now this somewhat surprising (although not completely shocking) Pinnacle wants to go this route. The occupancy rate here is....well not good and considering that there are more modern builds in and around in the area, it's probably a bit of a money pit for Pinnacle as it currently stands.Developer proposes demolition of former Toronto Star office building at 1 Yonge St.
Vancouver-based Pinnacle International Realty Group’s plan would involve the demolition of the 25-storey tower and construction of two towers of 90 and 95 storeyswww.theglobeandmail.com