Mizrahi Developments



Urban Toronto | January 04, 2021

Canada’s First Supertall ‘The One’ Shooting to be Supertaller

There’s a major update in the race to build Canada’s new tallest building.

The current tallest building in the country is the BMO Tower at First Canadian Place. It’s a 72-storey office tower that was completed in 1976 and has held the title, at 298 metres, ever since: office towers simply have not been built that large in this country over the intervening decades. For years, in fact, Toronto wasn’t getting any new office towers Downtown as office-building activity moved to suburban office parks. The towers are now coming back to Downtown though, and have been for the last decade, although developers—with few exceptions—have simply been creating buildings with less volume that can be filled more quickly. Now, it’s the condos that are vying to take the height crown.

More specifically, developers looking to take the height crown are now proposing or constructing multi-use buildings that are predominantly a residential condo tower. Of the highest three, each has retail space and a hotel on the lower floors before switching to condos.

The furthest out of the three is the taller of the two Mirvish+Gehry towers designed by Frank Gehry for Great Gulf and Dream, planned for King Street West on either side of Duncan Street. Proposed to rise 328.86 metres tall, the 91-storey structure to the west side of Duncan is not yet in sales.

Work started recently on the SkyTower at Pinnacle One Yonge, designed by Hariri Pontarini Architects for Pinnacle International, where excavation started in the last couple of months. To rise 95 storeys tall and reach 312.5 metres, it could hold the record until the Mirvish+Gehry west tower goes up, after it surpasses the 85-storey, 308.6-metre-tall The One, now under construction a few floors above ground level at Yonge and Bloor…

…except that Mizrahi Developments have now applied for a height increase for The One which, if approved as submitted, would take the crown over both the SkyTower and Mirvish+Gehry, and make The One a 94-storey, 338.3-metre-tall building, the tallest of any planned in Canada. The Foster + Partners and Core Architects-designed The One will already be Canada’s first ‘supertall’, a designation given to buildings over 300 metres, now it’s shooting to be supertaller, to grab the crown, and retain it.

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