The Hottest New Housing Developments to Watch out for Canderel Proposes 66-Storey Mixed-Use Tower at 1075 Bay by admin February 21, 2019July 22, 2019 February 21, 2019July 22, 2019 The stretch of Bay Street between Bloor and Wellesley in Downtown Toronto could soon have a new tower rising high above surrounding buildings as a new proposal from Canderel seeks rezoning for a 66-storey, mixed-use condominium and office development at 1075 Bay Street. Designed by Hariri Pontarini Architects, the tower is proposed at a height of approximately 238 metres, which would add a significant new peak to the Bloor-Yorkville skyline. The plan would replace the existing 1976-built 13-storey office and retail building currently onsite. At street level, 835 m² of retail space would replace existing storefronts. Above, levels 2 through 14 would be dedicated to office uses, accounting for 24,460 m² of office space, or 38% of the building, expanding upon the existing building’s 19,230 m² of office space. Tenants of the office component would have access to a 230 m² outdoor amenity terrace with landscaping, planters, dining and seating on the 2nd floor. Above the office floors, the building steps back for slender 750 m² floor plates, totalling 39,040 m², as it rises to 66 storeys. The design of the curtain wall exterior here appears similar to a shrink-wrapping of the concrete skeleton, while three vertical stacks of balconies pierce the skin as high as the 50th floor. 528 condominium units are located from the 16th through the 65th floor, with roughly 11 units proposed per level. The units are proposed in a mix of 313 one-bedroom units with average sizes of 53 m², 147 two-bedroom units with average sizes of 76 m², and 68 three-bedroom units with average sizes of 91 m². A number of amenity spaces are proposed for residents, with a total of 2,130 m² of amenities split between 1,420 m² of indoor and 710 m² of outdoor space. Residential amenities would begin on the 15th floor, dividing the office and residential components. This level would house 830 m² of indoor amenities, wrapped by a 605 m² outdoor terrace. These indoor spaces would partially extend up to the 16th floor, with a 90 m² space connected to a smaller 105 m² outdoor terrace. The standout amenity space is proposed on the 66th floor, in the form of a 500 m² indoor space enclosed within the tower’s glass crown. This space would offer residents of all floors access to the panoramic city views typically reserved for residents of a tower’s highest floors. The site would be served by a six-level underground garage containing 201 parking spaces, divided between 106 for residential units and 95 for office use. 639 bicycle parking spaces are also proposed within the garage, with 528 long-term resident and commercial spaces and 111 short-term resident and commercial visitor spaces. At 66 storeys. The design of the curtain wall exterior here appears similar to a shrink-wrapping of the concrete skeleton,levels 2 through 14 would be dedicated to office uses,1075 Bay Street Amenities 1075 Bay Street Amenities1075 Bay Street CondosDowntown Toronto condosReal Estate News About Nest and Castle Nest & Castle Inc is a leading edge real estate brokerage based in the heart of the Greater Toronto Area (GTA). We provide creative solutions and strategic advice on all aspects of the real estate industry. Our mix of conventional real estate techniques and forward-thinking technologies makes the buying or selling of your home, an easy and enjoyable experience. Search Exclusive New Developments Looking for your Dream Home? Sell Smarter With Data. It's The Future. 0 comment previous post Canada Housing Starts Fall Slightly Less than Expected next post RRSPs vs. homeownership You may also like SUGAR WHARF CONDOS – CANADA’S TOP SELLING CONDO... February 12, 2019 First Look: Thirty Six Zorra August 14, 2019 First Look: 123 Portland – King West –... September 9, 2019 Empire Quay House Condos by Empire Communities –... July 18, 2019 First Look: Universal City 3 – Pickering September 15, 2019 Canada Building Permits Fall 3% MoM in July July 3, 2020 Is Montreal the new Toronto? August 1, 2019 Dundas Square Garden Condos Topped July 24, 2019 Sugar Wharf 3 By Menkes Development September 14, 2019