The two tallest towers of the Oxford Place redevelopment planned for the existing Metro Toronto Convention Centre would be the tallest buildings in the City. They would far outpace even the tallest bank towers of the Toronto Financial District, taking them past the 1000 foot mark. The current tallest tower of the Toronto Financial District is the First Canadian Place Tower (BMO) that rises to a height of 298 meters or 978 feet. However if you include the antenaee the tower is close to 1150 feet. Oxford is planning on demolishing the existing Metro Convention Centre, but not before building a new complex south of the railway lands to handle the overflow the demolition would cause to Toronto's Convention Space market. In addition to the two office-residential towers with a slated height of 1070 feet each, there is also the hotel component, of which the taller tower comes in at 255 meters.
This project has the potential to change Toronto in the most major of ways, making it more like Tokyo, Soeul or New York, bringing us to a high capacity high residency urban core, unlike anything else in North America. In combination with the Gehry proposals Toronto has been home to the release of 5 towers over 80 storeys of 270 meters in the past 3 weeks. This is happening at the same time the federally applied brakes to the Toronto Condo Market are kicking in, and condo sales are slowing down. However to the federal government's regret, office demand is picking up, and so the Harper Conservatives will have to find some other way to slowdown Toronto's rebounding constructing economy, so Calgary can get some development action going on, as a reward to their loyal electorate out there.