[URBAN NOTE] “Cresford Unveils Plans for 98-Storey Tower at Yonge & Gerrard”
Urban Toronto’s Stefan Novakovic describes plans to build a tower 98 storeys tall (!) on the southeast corner of Yonge and 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.
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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.