45 Bay Toronto Design Competition : Latest Update Ivanahoe Cambrige, and SITQ that are the property managers of the large lot known to Torontoians as 45 Bay next to Union Station and Air Canada Centre, have stated an interest in having a design competition for the tower which is curretly slated for 245 meters in height. I know for a fact, that the city will likely require whatever building that is built here to have a bus terminal within the lower floors of the tower, to relieve the temporary GO Bus depot just north of this lot. This project, along with the other office and condo towers, is part of a projected "Next Wave" of massive Supertall and Megatall skyscraper development that has taken hold in Toronto. Just as we are getting use to 60 floor and 70 floor towers, we are hearing word of 80 floors towers, 90 floor towers, and 100 floor towers. Toronto has reached the next stage of Global City Evolution, and even the Financial Crisis, couldn't stop our rise. However some may state that it is the very Financial Crisis, that has caused this latest wave of investment and cash inflows into Toronto as the world seeks the only safe place to hold it's money as the Americans and Europeans fell on their faces during the Mortgage Meltdown.
Well let's see, you never know, once the world economy gets back on it's feet, Toronto might go back to the small provincial farming town it was before this latest blast of skyscraper construction.
Latest Update: Still waiting on word of the design competition that will select a design for what may well be the tallest office proposal Toronto has seen in a long while.
Not to put too fine a point on it, but we're many decades away from ever getting a megatall, defined as a tower 800 meters and up, as for a supertall, not likely for 20 years, you know our idiotic city council, god forbid they actually approve something that will actually help toronto, it might cast a shadow, or one 100 year old fossil might complain, we can't have that happening, can we? AGH! I despise those idiot, they have NO clue how to build a city! They're rejecting Massey Tower because it's too tall (despite the fact it's surrounded by tall skyscrapers) yet didn't hesitate to approve a condo project totally blocking our view of the water front, fricking morons!!!!
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