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As reported in the SSC Toronto threads, there is a new proposal for a mixed development at Yonge St and Bloor Street in Toronto:





Here is the Press Release:

Bazis International unveils plans for Canada's most celebrated corner

TORONTO, March 22 /CNW/ - Bazis International of Toronto, Ont., willunveil its plans to redevelop Canada's most important corner at a newsconference Thursday, April 5, 2007. Bazis International has acquired a one-acre property on the southeastcorner of Yonge and Bloor Streets in the heart of Toronto. It will create aninnovative mixed use development featuring a nearly 80 storey tower with afour storey double-height podium at the base making it Toronto's tallestresidential/commercial building. Michael Gold together with celebrated Toronto architect, Roy Varacalli,both of Bazis, will offer details and be available for interviews as will CityCouncillor Kyle Rae. The news conference will be held in the Panorama Room on the top of thenearby ManuLife Centre, a vantage point that offers a bird's eye view not onlyof the 1 Bloor site but also of Bazis' first Toronto project, the Crystal Blucondominium, soon to start construction on Balmuto Street just south of Bloor.

WHAT: Unveiling plans for 1 Bloor, Canada's most high profile urban address
WHERE: The Panorama Room on the top of the ManuLife Centre
WHEN: Thursday, April 5, 2007 at 10 a.m.

NOTE: Parking under the ManuLife Centre will be validated for thoseattending the press conference.

and the developer's website:

Bazis International
 
It was just the other day someone was asking about another supertall for Toronto and BAM! That whole area is going to be one huge construction site the next 5 years or so, it's going to be amazing transformation. A midtown we can really call midtown. We're going to look like Chicago now with book ends! ;)
 
I LOVE IT!!!!!!!!!!!!!!!!!!!!! Im so excited about this building, its sooooooooooooo sexy and modern. Everyone always says Toronto's buildings are bland and boring but this should change everyhting! Everything is going great for Toronto, first Trump reveils that financing is secured and WILL begin this year and now this! its just AMAZING!
 
Very modern... very Asian yet not... Hmmm. I really like it actually! I just think it'd suit Yonge-Dundas Square better.

Bye bye closed GAP store? JK :p
 
It was just the other day someone was asking about another supertall for Toronto and BAM! That whole area is going to be one huge construction site the next 5 years or so, it's going to be amazing transformation. A midtown we can really call midtown. We're going to look like Chicago now with book ends! ;)
I think that when I heard the Mayor and a Toronto Star article refer to YnE as Midtown--the fight was over. Yonge and Eglinton is Midtown.
 
What an awesome building. I love it.

I've always considered Yonge and Bloor to be Midtown, but that's within the context of the old City of Toronto. Yonge and Eglinton was uptown and North York was just North York. I still think of it this way.
 
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