Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

[vinny_the_hack]

I just got back from vacation and the tower looks like it's grown some. There doesn't appear to be any activity at the top but the crane is growing taller, even though the protesters are blocking the Yonge/Bloor intersection.

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That must have been a heckuva long vacation,. Welcome back.

 

[Collingwoodbuildinglover]

I just got back from vacation and the tower looks like it's grown some. There doesn't appear to be any activity at the top but the crane is growing taller, even though the protesters are blocking the Yonge/Bloor intersection.

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The pictures I missed most. Thanks bloor

Also, do they have a residence floor already poured above the mechanical

 

[khaldoon]

Also, do they have a residence floor already poured above the mechanical

Yes. The mechanical section is 37, 38 floors. They have already poured floors 39 and 40 and are forming the 41st floor.

 

[daptive]

I just got back from vacation and the tower looks like it's grown some. There doesn't appear to be any activity at the top but the crane is growing taller, even though the protesters are blocking the Yonge/Bloor intersection.

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What returning to this thread must've felt like:

 

[Benito]

Today the site is still active with work on increasing the height of the crane.

 

[DNW]

So will the trades all lose on this? That's the big question. Could really hurt a lot of companies which would be very unfortunate.

 

[kotsy]

Thrilled to see photo updates return! I was getting tired of clicking through only to find heated discussions about the receivership drama.

 

[Collingwoodbuildinglover]

If the trades on this project were not being paid, they wouldn't be on site. Most companies wouldn't keep their people on site if the bill got any higher then a couple hundred thousand

 

[DNW]

If the trades on this project were not being paid, they wouldn't be on site. Most companies wouldn't keep their people on site if the bill got any higher then a couple hundred thousand

Was more wondering about trades who had invoices in at the time of receivership - unpaid in the normal course of construction payment draws.

 

[denfromoakvillemilton]

Not great to hear the news. Hopefully, it's all resolved soon.

 

[evandyk]

Was more wondering about trades who had invoices in at the time of receivership - unpaid in the normal course of construction payment draws.

I imagine there will be a million lawyers fighting about this stuff for the next 10 years.

 

[UtakataNoAnnex]

Was more wondering about trades who had invoices in at the time of receivership - unpaid in the normal course of construction payment draws.

I believe it's the intention of the receivership arrangement that they'll be paid. And likely in full.

 

[PEC]

Does any one recall a messy change of ownership that resulted in stalling the groundbreaking of One Bloor East? Or am I hallucinating again?

Yes, absolutely. The site was originally owned by Bazis International and their lenders (including I believe Minto) went to court to try to force Bazis to sell them the vacant land as they claimed Bazis had defaulted on the loan. Bazis ended up winning in court and selling the site to Great Gulf.

 

[cplchanb]

ive never seen that blue retaining wall being used for any other large tower project in this city. maybe thats why in part it's so overbudget.
the developer was duped into buying these expensive construction add ons .

 

[Mercenary]

So looks like March 2025 completion date. So another 17 months to go.