Toronto One Bloor West | 308.6m | 85s | Tridel | Foster + Partners

khaldoon said:
So they expect it will take 2.5 years to finish the building after topping out? Seems a bit long which may indicate that they have not done much interior work so far?
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As a purchaser, I can tell you that we have heard nothing. Looks like our floor(40) is not being reconfigured so I may actually still get the unit. Having said that, you may be onto something with regard to not starting interior finishes as they may not want to do that if the plan is to cancel the purchase agreements. My unit was purchased for $1,390/ft2, could they get more in this market? Tough to say. The other issue is the new completion date of 2028, that is beyond the "Outside Occupancy Date" of December 24, 2027, after which purchasers can cancel or collect compensation.
 
nightstreak said:
Cancelled as in Hyatt walked away or cancelled as in Tridal wants to take another stab at the current market? I don't even think they need to have retail here, just make the main floor a hotel lobby, restaurant and event space. The intersection would benefit from having an active presence here at all hours of the day. Hotel guests coming and going and evening events sure beats a clothing store or whatever that is closed after 8pm.
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Yeah I actually thought of this idea a while back especially with the pure presence that the main floor will have being so large
 
Got a photo from Bathurst and bloor
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Collingwoodbuildinglover said:
Yeah I actually thought of this idea a while back especially with the pure presence that the main floor will have being so large
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A hotel isn't paying the PSF that a retailer would; there's a reason you don't see hotels taking up major entrances on shopping arteries... 😬😬
I don't know the specifics but:
  1. You generally don't walk away from a done deal to try and renegotiate unless you think you can get a significantly better deal. There's both termination costs and you're not guaranteed a new tenant. I don't think we are in a time of crazy demand when it comes to hotels in Toronto.
  2. Given in the press release announcing Andaz it said it would open in 2022 and now they're saying 2028 - they most likely had an out close that allowed them to leave the deal if the certain milestones weren't met.
 
evandyk said:
I noticed that thing last summer when visiting one of the fancy cabinet-makers on Ronald. I guess because it's attached to the Bell CO, they could build that huge and imposing structure rather than the little ones they usually install on buildings.
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That tower goes way back when they had a lot of microwave dishes mounted.
 
hawc said:
I don't mean to be mean or cynical, but I'm trying to figure out the appeal of living at Yonge & Bloor. You've got the mink mile I suppose - which always feels like it's under various states of construction, is a bit run down or has a bit of homeless population vibe to it. You've got Yorkville to the north which I suppose is the biggest draw. You're close to the ROM. You're on two subway lines (although I feel the residents of One Bloor aren't really the transit types.) I don't know I just don't get it. For that kind of money I feel like I'd be buying somewhere else in Toronto. I mean Yonge Street from Bloor south is pretty much District 9. Bloor running eastwards isn't really anything. Really don't get the appearl. It likes to bill itself as the centre of the city, but that's not even accurate, that's actually Yonge & Eglinton geographically speaking. What am I missing here?
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It's the walkability and the ease of travel if you want to escape the city.
 
jackattack said:
So I lived at One Bloor for 3 years and for me (ignoring issues with the building aka elevators and water damage!) it was a combination of: the building itself (great views, huge balconies, large gym); transit/convenience (2 subway lines is a big plus); proximity to trails; super easy to bike down to Corktown in like 10/15mins; proximity to getting on the DVP… Youre right that there isn’t necessarily a ton immediately at the intersection but - as others have pointed out - within walking distance there is a pretty good choice of bars/restaurants across a few neighbourhoods (annex / along Bloor / Yorkville / up Yonge / the village), and if you need to go further and don’t have a car then that’s when the two subway lines comes in very handy. 🤙🏻
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Getting to the airport is also a breeze. We take the Bloor subway to Kipling station and hop on the airport express. It doesn't get any easier.
 
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