Since UrbanToronto’s last update in February, 20268 Elm has continued its ascent higher above Yonge and Elm streets in Downtown Toronto, with the building's bronze-coloured envelope also advancing. Designed by Arcadis for Reserve Properties and Capital Developments, with heritage restoration overseen by GBCA Architects, the 69-storey condominium tower is taking on an increasingly finished appearance. 

In May, 2026, a close-up of the southeast corner highlights the facade’s defining elements: bronze-toned aluminum cladding wraps projecting balcony slabs and vertical I-eam type accents, creating a strong grid that contrasts with reflective glazing and transparent balcony guards. The corner's continuous stack of rounded balcony slabs forms a prominent curved edge, with bullnose soffit cladding.

A close-up view looking northwest to the bronze-toned cladding, image by UrbanToronto Forum contributor skycandy

This month, looking east along Elm Street, forming has advanced into the upper floors. The south elevation at right is dominated by the full-height construction hoist. Along the west elevation, glass balcony guards have reached the 30th floor, while bronze-toned panels extend tod the 39th floor. At street level, restored heritage masonry lines Elm Street, while cantilevered material-staging platforms project from the upper north and south elevations.

Looking east to the construction hoist and tower rising above the heritage base along Elm Street, image by UrbanToronto Forum contributor ProjectEnd

From across Yonge Street at Edward, the structure has risen to approximately the 50th floor. A white concrete boom pump arches across the top to the left of the crane. Just below the top, three cantilevered platforms provide place to store forming materials on the tight site.

Looking northwest from Yonge Street to the tower crane rising beside the east elevation, image by UrbanToronto Forum contributor Rascacielo

From the intersection of Yonge and Elm, the lower levels showcase the contemporary tower rising above its restored heritage podium. Seen behind the hoarding, retained masonry facades have been substantially uncovered since the previous update, revealing cleaned red brickwork, reconstructed window openings, and restored cornice detailing. Above, the the building steps back for several floors to provide prominence to the heritage structure before cantilevering out to form larger floor-plates.

Looking northwest to the heritage podium and contemporary tower above, image by UrbanToronto Forum contributor Rascacielo

A southwest-looking drone view captures 8 Elm rising behind Concord Sky. Concrete forming has advanced to the 52nd floor, where we see rows of perimeter formwork panels and wooden sideforms. Below, the building envelope has climbed to the 42nd floor. At the base, exposed concrete walls await cladding.

A drone view looking southwest to forming and cladding progress at the upper levels, image by UrbanToronto Forum contributor kotsy

Upon completion, 8 Elm will stand 218.2m and deliver 819 condominium units.

Looking northwest to 8 Elm Street, designed by Arcadis for Reserve Properties and Capital Developments

UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you'd like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.

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UrbanToronto's research and data service, UTPro, provides comprehensive data on construction projects in the Greater Golden Horseshoe—from proposal through to completion. Other services include Instant Reports, downloadable snapshots based on location, and a daily subscription newsletter, New Development Insider, that tracks projects from initial application.​

Related Companies:  Aercoustics Engineering Ltd, Arcadis, Capital Developments, Cecconi Simone, Clark Construction Management Inc, Crozier Consulting Engineers, Goldberg Group, Grounded Engineering Inc., Kramer Design Associates Limited, Rebar Enterprises Inc, Reserve Properties, Sysconverge Inc, The Fence People