Vancouver developer Pinnacle International may have big plans to change Toronto’s waterfront – including the construction of what could be Canada’s tallest buildings.
Speculation is being stoked by a Toronto-area architectural blog, Urban Toronto, which late last week posted a potential conceptual drawing of the site. According to the Toronto Star, the five-building site plan could include towers of 92 and 98 stories, which would make them the country’s tallest buildings.
The tallest building in Canada today is the 72-storey First Bank Tower at 100 King Street West in Toronto, according to the Skyscraper Center, a database of the world’s tallest buildings.
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Pinnacle bought the Toronto Star Tower, on the Toronto waterfront at the corner of Yonge Street and Queen’s Quay, this summer. The parcel of land is now home to a parking lot and a low-rise building, but that may soon change.
No one was available to speak about the project at Vancouver’s Pinnacle International head office on Monday.
The conceptual drawing posted on the Urban Toronto site shows the 25-storey Toronto Star Tower in the lower left corner, with another tower beside it. A road separates those two smaller towers from four much taller towers behind the first two. The Toronto Star report said the four taller towers are residential towers, while the smaller new tower would be an office tower.
In a report in October, the City of Toronto said it would begin working on a plan for the Lower Yonge Precinct, where the Toronto Star property is located, in early 2013. The newspaper report said the plans have not yet been formally put forward to the City of Toronto.
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