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The first building in Toronto that will be taller than First Canadian Place, and the first aiming to cross the ‘Supertall’ threshold of 300 metres, is now under construction. Digging commenced this morning on The One, an 82-storey tall mixed-use tower that will top off in a couple of years at 306.3 metres or 1005 feet. Designed by London’s Foster + Partners and Toronto’s Core Architects, the complex by Mizrahi Developmentswill feature 7 double-height storeys of retail and restaurants (also connecting to the local PATH network and subway underground), 10 storeys of hotel, and another 66 storeys of residential and mid-tower mechanical.
This morning the digging began. Sam Mizrahi, President of Mizrahi Developments, told us he was “excited to confirm that, yes, we have officially mobilized and commenced construction on The One.” The photo below shows the scene from across the intersection of Bloor and Yonge streets from earlier today. The close-up that follows has been lightened to highlight the excavator at work.Just to the south of the site on Yonge Street, a construction site office has been set up. Mizrahi also wrote this morning “the Presentation gallery for The One residential sales will open next month” on Davenport Road. We expect an official ground breaking ceremony in September, and we are told that there will be an announcement of some of the commercial tenants at the time. When complete, The One will be Canada’s tallest building.