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Since UrbanToronto’s previous update in January, 2026, Pinnacle Lakeside Phase 1 has continued to rise in Toronto’s East Bayfront neighbourhood. Designed by Hariri Pontarini Architects, the project from Pinnacle International at the southwest corner of Lake Shore Boulevard East and Sherbourne Street now has its 15-storey building topped off, while the 44- and 54-storey towers continue climbing. Meanwhile, plans for Phase 2 have evolved, now calling for 60- and 70-storey towers.
In May, 2026, the 44-storey southwest condo tower (in the foreground to the left) had risen to eight storeys, with formwork and concrete walls in place for the ninth floor, while a blue concrete boom pump stood beside the crane. Behind it, the 15-storey rentals building has topped out, with dark glazing and white spandrel framing panels installed across 14 floors. To the right, the 54-storey condo tower’s wedge-shaped 15-storey podium has reached full height, revealing its V-shaped massing and outward-sloping perimeter columns. Formwork is staged on the podium roof behind the parapet walls, while materials are staged between the buildings at grade.
Earlier this month, the 15-storey rental building was captured with glass balcony guards installed to the seventh floor along the west elevation. Behind it, the 54-storey condo tower had climbed to roughly 23 storeys, with crews working around a blue concrete boom pump. Formwork is visible on the 24th floor beside the crane, while slab decking extends across portions of the 25th floor on the left.
From Lower Sherbourne Street, we see the podium of the 54-storey tower and its curving balcony edges. Along the east elevation, glazing, spandrel panels, and mechanical louvres are installed to the seventh floor, while the lower southeast corner remains exposed. At grade, the tower’s angled perimeter columns are wrapped in white weatherproofing. The newly constructed east–west street corridor is visible to the left.
Looking from across the Gardiner Expressway, formwork and rebar are visible on the 25th floor of the tallest tower. Below, glazing, spandrel panels, and mechanical louvres have advanced to about the ninth floor and extend across the seven-storey connecting volume linking the two northern structures. To the right, blue weatherproofing is visible along portions of the 15th-floor slab of the topped-out rental building.
From Queens Quay East, cladding has advanced to approximately the 10th floor of the tallest tower’s podium volume, with portions of the 11th floor now enclosed. Dark framing is installed across the first three podium levels. In the background, the 15-storey building has sections of white and black cladding installed along the top floor beneath the mechanical penthouse. To the left, work on the 44-storey tower is progressing on the 10th floor, and partial slab decking extends across the 11th-floor level. The tower’s contrasting massing features a curving east elevation and a projecting volume on the south face terminating in an angled slab at the eighth floor.
When complete, Pinnacle Lakeside Phase 1 will range in height from 57.95m to 174.86m and deliver 1,261 condominium units. To the west, Phase 2 is seeking permission to rise to 197m and 226.35m and add 1,390 units.
UrbanToronto will continue to follow progress on these developments, but in the meantime, you can learn more about them from our Database files, linked below. If you'd like, you can join in on the conversations in the associated Project Forum threads 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.
