Riseth
Senior Member
November 18, 2025
- Thread starter urbandreamer
- Start date
jer1961
Active Member
Well, seems to be back to normal now - seemed to be up earlier but to a max of 2m each photo, now up to regular size that I can post.... These are all from Friday (Nov. 14), so already a little dated.
As compared to the previous Friday, the crown is the same, and the east and north Rail Climbing Systems are up a level or two, with the visible installed glass still at level 74.
www.flickr.com
www.flickr.com
As compared to the previous Friday, the crown is the same, and the east and north Rail Climbing Systems are up a level or two, with the visible installed glass still at level 74.
One Bloor West (The One) construction
Photos of One Bloor West (The One) construction progress, including a "before" shot from 2011 and several from 2015 after the demolition of Stollery's. Notable for becoming Canada's first supertall building, i.e., over 300 metres (985 feet) tall. (The CN Tower does not fall under the definition...
www.flickr.com
One Bloor West (The One) "time-lapse"
From October, 2020, as above-ground construction started in earnest at The One (1 Bloor W.) in Toronto. More or less a weekly photo usually taken on a Friday, with some gaps during early-on construction hiatuses. The initial photographs are from 2015, during demolition at the site, 2018, during...
www.flickr.com
Rascacielo
Senior Member
Today
dob467
Active Member
I've always been suspect about buying pre-construction, mostly because new buildings often seem to take awhile to work out all the kinks even when occupied. But if now developers essentially are saying they'll take your money to get a project off the ground but then cancel that contract if they think they can make more money, I don't know what message that sends for consumer confidence. But hey housing in this city is just an investment tool to make a profit, right? Shameful.
The fine print in condo purchase contracts has always allowed developers to cancel under certain circumstances, that's not new. Developers do not typically want to cancel though as they have reputations to build at the same time they are putting their housing up. Cancelations are therefore rare, usually the result of worst-case scenarios. Nevertheless, the possibility of cancelation of any project exists, so there are those, yourself included, who are wary of pre-construction purchases, and no knock on them.
This, however, is not the simple scenario of a developer taking money and then canceling, just because, as you seem to be characterizing it. There is a very complicated financial situation here that sent this building into receivership. and has ended up with a new developer cancelling contracts that the defunct one agreed to. If the original contracts did not cover the cost of construction, then to get the building finished — which everyone who lives in this city has an interest in (we do not want unfinished blight on our skyline for any reason) — the new developer can seek approval to cancel the original contracts if they believe that it's the best way to get the building completed. It's a sad situation, but if there's no further money coming from the existing situation, a new situation has to be sought out. This is not simply a case of looking to make a profit (which is how every private company in every sector of the economy operates): if you've been following this project, you'll understand that this move by Tridel is an attempt on behalf of its client and the project's chief creditor, KEB Hana Bank of South Korea, to lose less money on this building.
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UtakataNoAnnex
Superstar
I would posit that what happen here was a "'worse case scenario" as the original developer had no intention of defaulting on this but was forced to under the circumstance. I won't get into how he was most likely to be blamed for this...as I don't think that's important for this exercise. The current developer had to change the unit pricing that would of likely been in disagreement of what folks had paid for purchasing those to try to get back some of the end's meet over this tower. So best and likely ethical thing to do here is to cancel purchases and start anew.
I am also pretty sure there where legal clauses written into the agreements with each purchase that this could actually happen. And the purchasers signed in on that...
...again to stress, I do not like this. But it is what it is, for good or bad. /sigh
I am also pretty sure there where legal clauses written into the agreements with each purchase that this could actually happen. And the purchasers signed in on that...
...again to stress, I do not like this. But it is what it is, for good or bad. /sigh
Last edited:
Natika33
Active Member
Around 5pm ish today from Queen's Park then a bit later from Bloor & Yonge:
UpwithOlives
Active Member
Worth the wait.Well, seems to be back to normal now - seemed to be up earlier but to a max of 2m each photo, now up to regular size that I can post.... These are all from Friday (Nov. 14), so already a little dated.
As compared to the previous Friday, the crown is the same, and the east and north Rail Climbing Systems are up a level or two, with the visible installed glass still at level 74.
One Bloor West (The One) construction
Photos of One Bloor West (The One) construction progress, including a "before" shot from 2011 and several from 2015 after the demolition of Stollery's. Notable for becoming Canada's first supertall building, i.e., over 300 metres (985 feet) tall. (The CN Tower does not fall under the definition...
One Bloor West (The One) "time-lapse"
From October, 2020, as above-ground construction started in earnest at The One (1 Bloor W.) in Toronto. More or less a weekly photo usually taken on a Friday, with some gaps during early-on construction hiatuses. The initial photographs are from 2015, during demolition at the site, 2018, during...
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jer1961
Active Member
Getting caught up here.... Some from the weekend, Nov. 15th and 16th, all from along Bloor, from around Bloor Go station to close to Dufferin. Cloudy ones Saturday, sunny dusk ones Sunday.
Johnny Au
Superstar
November 16, 2025:
ImmenselyMental
Active Member
I have been quite busy over the past couple weeks, but managed to snap the following photo from outside OISE this morning:
Rascacielo
Senior Member
Today
Johnny Au
Superstar
November 16, 2025:
Spadina and Macpherson:
Davenport and Berryman:
Spadina and Macpherson:
Davenport and Berryman:
steveve
Senior Member
One to One - Today from the 100th floor of SkyTower:
mburrrrr
Senior Member
Today
