A shimmering champagne-colored condo tower will rise above Toronto

In the latest chapter of Toronto’s condo craze, a developer has asked to bring a 76-story condominium tower to the northeast corner of Yonge and Gerrard, adding to an area promising to be one of highest points of the city skyline.

Capital Developments has submitted plans to the city for a high-rise development at 399-405 Yonge Street, a pair of multi-address buildings currently home to a handful of businesses, including a Boston Pizza and Banh Mi Boys location.

Designed by Teeple Architects, the tower is expected to rise to a height of just under 250 meters.

If completed today, it would be the seventh tallest building in the city, but it would eventually be overshadowed by nearby developments at 385 Yonge and 33 Gerrard, a testament to how quickly this intersection will change. in the years to come.

The defining feature of the tower is a unique geometric cut approximately two-thirds the height of the corner above Yonge and Gerrard, complemented by similar features at the base of the tower and the roofline.

It’s a design feature not dissimilar to the relatively new but instantly iconic King Power Mahanakhon in Bangkok, which features pixelated spiral sections subtracted from its otherwise uniformly straight design.

Breaking with Toronto’s condominium conventions, Capital Developments is pursuing a building without a balcony in an effort to meet new energy code standards put in place by the city.

The project’s champagne metal panel and champagne-colored glass exterior would include the preserved heritage facades of 401-405A Yonge Street, integrated with the podium, housing a new retail space on the ground floor.

399 years

The rears of the buildings, as well as their neighbor to the south, would be demolished to make way for the footprint of the new tower.

Although 399 Yonge to the south doesn’t look too remarkable today, the building’s 1983 cladding obscures what remains of the former Coronet (formerly the Biltmore Savoy) Theater, a once delightful modernist and art deco mix dating back to 1950 .

Unfortunately, it was deemed unsalvageable after years of unsympathetic exterior changes.

Instead of the current structures, the proposal calls for a total of 828 condominium units, split into a mix of 73 studios, 426 one-bedroom apartments, 243 two-bedroom apartments and 86 three-bedroom apartments.

In another interesting departure from convention, the project offers zero parking spaces for residents, instead planning to provide residents and visitors with an impressive 844 bicycle parking spaces in its underground area on a more mezzanine level.

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