| The One | |
|---|---|
&sq=Qlik&lang=&file=File:The_One_-_20230501.jpg) The One (May 2023) | |
 | |
| General information | |
| Status | Under construction |
| Type | Residential, retail, hotel |
| Location | 1 Bloor Street West Toronto, Ontario |
| Groundbreaking | August 23, 2017 |
| Estimated completion | 2025[3] |
| Height | 306.324 metres (1,005.00 ft)[2] |
| Technical details | |
| Floor count | 85[1] |
| Design and construction | |
| Architecture firm | Foster and Partners Core Architects |
| Developer | Mizrahi Developments |
| Website | |
| onebloorwest | |
The One is a supertall skyscraper currently under construction in Toronto, Ontario, Canada. If completed, it will be the tallest building in Canada.[4] At a revised 306.3 metres (1,005 feet) and a revised 85 storeys,[1] it will be taller than First Canadian Place, which has been Canada's tallest building since 1975.[5] It will also be Canada's first supertall (> 300 m) skyscraper, as defined by the Council on Tall Buildings and Urban Habitat.[6] Construction of the building is estimated to be completed by March 2025.
Located in Toronto's Yorkville neighbourhood at the intersection of Yonge and Bloor, The One is across the street from the 257-metre-tall (843 ft) One Bloor condominium building. It will also stand next to Two Bloor West, an existing skyscraper completed in 1972. The site of The One involved land assembly that includes properties at 768 Yonge Street, in addition to those at 1 and 11 Bloor Street West.[7][8]
Developer Sam Mizrahi acquired the land in October 2014 for CA$300 million.[9] Mizrahi received approval from the city to build on September 12, 2016.[4] The total cost for the project was estimated to be $1 billion during planning stages, but that figured had ballooned to $2 billion at the time of the receivership filing in October 2023.[10][3]
- ^ a b Pereira, Ana (June 25, 2024). "The value of luxury condo The One is now about half its asking price. What happens if no one wants to buy it?". Toronto Star. Retrieved June 25, 2024.
- ^ "The One". Mizrahi Developments. Retrieved June 25, 2024.
- ^ a b Cite error: The named reference
BNNReceiverwas invoked but never defined (see the help page). - ^ a b "How Toronto's latest mega tower got the green light".
- ^ "Canada's Future Tallest Building, 'The One,' Gets Even Taller".
- ^ Hall, Joseph (October 9, 2016). "The art of taming the wind". The Star. Retrieved October 24, 2016.
- ^ "Analysis: Expanded retail at 'The One' could be valued at $1.2 billion". Retail Insider. April 30, 2015. Retrieved August 24, 2020.
- ^ Mitanis, Marc (January 19, 2015). "Stollerys demolition begins amid heritage concerns". Urban Toronto. Retrieved August 24, 2020.
- ^ Infantry, Ashante (October 8, 2014). "Mizrahi Developments buys Stollerys at Yonge and Bloor | Toronto Star". The Toronto Star. Retrieved November 15, 2016.
- ^ "Sam Mizrahi - One Bloor Street West, the One-Billion Dollar Building". Dolce Vita luxury magazine. December 18, 2014. Retrieved June 20, 2016.