May 2017 Issue May Issue | Page 8

98 STORY

Cresford Unveils Plans for 98-Storey Tower at Yonge & Gerrard
Rising to an incredible 98 storeys , Toronto ’ s — and Canada ’ s — tallest building could be coming to the southeast corner of Yonge and Gerrard . Designed by New York ’ s Kohn Pedersen Fox for Cresford Developments , the super-tall tower would feature a mix of retail , office uses , and residential space . The height ? 343.9 metres .
With the developers now putting forward a submission to the City of Toronto , further details of the project are expected to be revealed in the coming weeks . Cresford announced a year ago now that a new building — YSL Residences — would be a new landmark development in Downtown Toronto . Now released , renderings depict a sleek , faintly sculptural form with a smooth , glassy exterior , free of balconies . Fronting the corner , the existing three-storey heritage building at Yonge and Gerrard would be maintained , with a small , angular podium volume rising above .
Sett ’ s sale of the site , the Quadrangle-designed proposal was shelved as plans for the prominent Downtown corner evolved .
Located kitty-corner from the 78-storey Aura at College Park , which — for now — remains the country ’ s tallest residential building , the development would add a declarative height peak to what could become one of Toronto ’ s tallest communities . Immediately across Yonge Street , the Delta Hotel site is currently subject to another massive redevelopment plan , with Great Eagle Holdings ’ ‘ Chelsea Green ’ proposal calling for three architectsAlliance-designed high-rises , including two 88-storey towers , and a 49-storey building .
Cresford ’ s new project follows earlier plans for the site , with KingSett Capital ’ s 2015 proposal envisioning paired 73- and 62-storey towers , joined by a dramatic skybridge . Following King- Sett ’ s sale of the site , the Quadrangle-designed
proposal was shelved as plans for the prominent 8 4GUYS . CA