UtakataNoAnnex
Senior Member
Can I double /upvote this?
- Thread starter greenleaf
- Start date
Northern Light
Superstar
Admittedly, including the digging of the pit; but King Blue took 5 years from ground break to occupancy.
It was also less than 1/2 the height of this proposal.
Riseth
Senior Member
This tower is a beast so it doesn't surprise me that it will take at least 5 years to be completed. Just keep the current design please!
Bulloch
New Member
Rumors out there that Concord didn’t outright buy Ysl instead Concord became main developer and partner with Cresford so Cresford still alive but badly injured. Nobody knows but I guess most likely Concord will be expanding upward 90 stories and/or looking to expand south towards Ryerson learning centre building at Yonge/Gould street. So don’t count previous ceiling height going to be same.
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The Preservationist
Active Member
Keep in mind a tower of this size can take well over a year from topping out to fully occupied. Start in earnest 2021 Q3, bottom out Q4, back to grade 2022 Q2/Q3, podium type levels complete 2023 Q1, 80+ more floors to top out 2025 Q1, fully clad Q3, fully occupy 2026 Q1/Q2. 2026 sounds about right.
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C-mac
Senior Member
5 years seems like a long time for a project of that size so not a great comparison. Look how fast the Prestige is going up.
Northern Light
Superstar
Prestige broke ground in March 2018, and will wrap ~ May 2022 all going well. That's 4 years, 2 months by my count.
King Blue is a better comparison for a couple of reasons.
1) Both sites had to deal w/heritage facade retention.
2} YSL is on a much tighter site vs Prestige which impacts construction time.
Note that 2026 is only 5 years away..........we're not talking a huge difference here.
C-mac
Senior Member
Keep in mind the Prestige is much taller than King Blue. So a much taller building in less time. That's my point.
Either way, seems like 4-5 years is the norm for these big buildings. I thought it was more like 2 years once they got going.
cd concept
Senior Member
I have a feeling this new developer will want to add on a lighting rod on top of the tower. To legitimately pass the 300m super-tall status mark.
Ciarlandini
Active Member
Crazy that Yonge and Gerrard is going to end up being our tallest intersection. Who would have guessed? Include the Chelsea which is in the works and you've got an entire skyline at one intersection.
UrbanAffair
Senior Member
That makes sense, and might be why a sale hasn't shown up yet for the main part of this development.
Bulloch
New Member
3 Chelsea hotel towers + 1 at Yonge Gerard south/west corner + 1 at Yonge & elm south of Gerrard + 1 YSL + 1 at 415 Yonge just north of gerrard + 1 Aura + 1 at Yonge & Gould south of gerrard , total 9 towers around Yonge and gerrard intersection alone. That is Crazy
Riseth
Senior Member
Perfect place for all those tall towers in the skyline too as it adds to the peak around Aura. Looking forward to seeing Yonge Street lined with loads of height.
Bulloch
New Member
Well Concord new construction office just opened few days ago at 357 1/2 Yonge just south of Zanzibar 12 1/2 feet frontage was sold on dec 21,2020 for 7.6 million dollars which owned by Cresford.previously, it is on land registry record but nothing for YSL Lot and if existing already sold Ysl condos contracts still in place then that’s the only thing make sense that cresford and concord joined for Ysl project. And concord is main developer. one thing for sure there won’t be a little park at 357a & 357 1/2 Yonge previously owned by cresford which we heard of previously instead of park concord might have different plans for south of YSL.
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KhalilHeron
Active Member
i thought you meant the island for a second
was very confused about what concord was doing in the Indian ocean