Kelly Grant Toronto — From Wednesday's Globe and Mail Great Gulf Group plans to start selling condos in the spring in the tower that will rise from ashes of former owner's failed deal.
A curvy 65-storey condominium could be coming to 1 Bloor East, site of a much-hyped hotel-condo project that fell apart when a Kazakhstan-based developer lost financing.
The new plan envisions a tower with 687 units atop a two-storey, 104,000-square-foot retail podium, according to a site plan application submitted to the city's planning department Friday. It also includes four floors of amenities for residents – possibly including a spa – on top of the stores.
The luxury hotel envisioned by the site's former owner, Bazis International Inc., is no longer part of the plan.
Toronto firm Hariri Pontarini is designing the proposed tower at the southeast corner of Yonge and Bloor streets, but the architects have yet to formally unveil drawings.
Great Gulf Group, which bought the site last summer, aims to start pre-selling condos at 1 Bloor East in the spring. [read more-->]
If you would like to be updated when more information becomes available for Number One Bloor, including details on any upcoming VIP sales events, please contact me.
Comments