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Canderel to build another massive Yonge Street tower




Get ready for another massive tower on Yonge Street.

Just a few blocks north of the 78-storey Aura, set to be the tallest residential tower in the country, Aura developer Canderel is planning a 66-storey condo at Grenville.

"It's given that the neighbourhood of Yonge Street is going to have a lot of density," says Canderel VP Riz Dhanji.

Just as they made waves with Aura's height, Dhanji says they're planning to install the country's – and possibly the hemisphere's – first rooftop infinity pool, to be called Aqua 66, for residents only.

And in another illustration of the fruits of councillors Kristyn Wong-Tam and Adam Vaughan, about 10 per cent of the units will be family-friendly three-bedroom designs.

The buildings, which include a Royal Bank, Hoops, and the former offices of Xtra, will be demolished sometime next year, according to Dhanji.

The interior designer will be Buridifilek, who with their work for Pink Tartan and Joe Fresh (both Mimram-family projects), and Holt Renfrew and Brown Thomas in Dublin (both Weston family properties), seem to be in with at least a certain segment of Toronto's elite, which may bode well for sales, which start at half a million and go up precipitously from there, right up to the penthouses, which will occupy the top five floors.

Another feature of note will be the podium floors – the first eight floors – which will include live-work spaces.

Architects are Graziani and Corrazza, and the project is expected to be completed in 2017.

Writer: Bert Archer
Source: Riz Dhanji
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