They are still working on this - looks like it has been reduced to 26 storeys.......from today's Daily Commercial News...
CONDOMINIUM APARTMENT BUILDING Proj: 9056246-9
Toronto, Metro Toronto Reg ON NEGOTIATED/PLANNING
40 Wellesley St E, M4Y 1G4
$40,000,000 est
Note: Cons has completed preliminary design. Owner is seeking Municipal rezoning approvals. Arch expects to begin Working drawings when approvals are in place late Fall/early Winter, 2009. Schedules for Sub trade tender and construction are undetermined. Further update November, 2009.
Project: proposed const of a 26-storey glass-clad condo apartment building with commercial space at grade.
Scope: 200,000 square feet; 26 storeys; 1 storey below grade; 214 units; 1 acres
Development: New
Category: Apartment bldgs; Retail, wholesale services