Yonge and Bloor Changes Forever as Bazis Starts Work on 1 Bloor
TORONTO, ONTARIO--(Marketwire - May 22, 2008) -
ATTENTION: Real Estate, News, Retail, Business, Photo and Assignment Editors
Mark 2 p.m. on May 29, 2008, on your calendars. That is the day and time the face of Toronto changes forever.
It is when Bazis International starts demolition on the existing buildings on the southeast corner of Yonge and Bloor Streets to make way for its new 1 Bloor condominium tower, five-star hotel and shopping development.
Bazis' partners Michael Gold and Roy Varacalli as well as Toronto councilor Kyle Rae will mount a tracked excavator with a huge set of steel teeth and take a bite out of the existing building on the southeast corner of Bloor and Yonge Streets.
Involved is almost an entire city block from Bloor south to Hayden and east to the existing office tower on Bloor East.
To celebrate a significant moment in the city's history, Bazis is erecting a huge plasma screen 10 feet tall by 6 feet wide by the corner. It will show a video retrospective of the past 100 years at Yonge and Bloor.
As the black and white photos, gathered from archived collections, dissolve one into the other, a century of Toronto's busiest street corner will unfold. Horse drawn trolley cars will give way to Model T Fords. The corner was the site of the city's first traffic light.
Now it will become the home to the tallest residential structure in Canada.
"It will be a celebration of the spirit of Toronto," says Mr. Gold. "The past as prelude to the future."
WHEN: May 29 at 2 p.m.
WHERE: Southeast corner of Yonge and Bloor Streets
WHAT: Start of demolition to make way for 1 Bloor
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