BUILD TORONTO, the independent and self-funding real estate and development corporation created to unlock the value of City real estate, is pleased to officially announce its first Partnership, for the development of a proposed 75-storey residential building at 10 York Street, with Tridel.

BUILD TORONTO, the independent and self-funding real estate and development corporation created to unlock the value of City real estate, is pleased to officially announce its first Partnership, for the development of a proposed 75-storey residential building at 10 York Street, with Tridel.

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This $295 million dollar development, that will change the City's skyline and link the downtown to its waterfront, will also enable BUILD TORONTO to deliver a significant financial return, generate new jobs and property tax revenue and inject funds into the local community for further investment.
"This premier site represents a fantastic financial opportunity, essentially, development at its best", says J. Lorne Braithwaite, President & CEO, BUILD TORONTO. "Not only are we generating great short-term value and long-term revenue growth to meet our shareholder needs; through


intensification, economic growth and vitality, we're also meeting the ever-growing needs of our City.
Located within Toronto's rapidly evolving Harbourfront neighbourhood and bounded by the City's financial district, the vacant site at TEN YORK was formerly leased to the Toronto Parking Authority for a pay parking lot, and to the Toronto Police Services for an impound lot.


Asked to realize maximum value for this municipal asset, BUILD TORONTO issued a Request for Proposal (RFP) to the private development sector in 2010. After a rigorous RFP process, BUILD TORONTO selected Tridel as its partner for development. This decision was made, based upon on a number of criteria, including Tridel's strong and longstanding performance in the private residential development sector, its recognized sales and marketing acumen and its vision for the site.

10 York Mega Skyscraper - New Design Release

10 York Mega Skyscraper - New Design Release

Updated :

• Project downsized due to community concerns regarding height of original 75 Floor Design
• Original Design didn't follow the pattern of the triangular lot
• Original Deisgn had above groud parking.
• The new tower will feature below ground parking.
• Condo Market may have had more to do with downsized redsign than community pressure
• Developer didn't state the reasons for the downsized development (Tridel - Developer)
• This project is a partnership with the City of Toronto that owns the land on which the tower will be built.
• The project is directly to the south of the ICE Project of Lanterra

New Design has been released for the Mega Skyscarper 10 York, which will be 68 floors tall, downsized from it's original 75 floors, and downgraded in height from 253 meters to 225 meters. The building is Tridel's biggest project to date and is located at the corner of Harbour Street and York Streets, in the Southcore Area. The project is being released at a time of slowing condo sales in the Toronto Market. However there would likely still be enough demand for this project along with HarbourPlaza by Menkes to proceed even in a downtrending market.

Without Further Ado......


Here are the New and updated Renderings for the project..


This project will become a landmark development. Not quite the development we had hoped for, but I'll take it nonetheless.

Bravo to Tridel!

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Nighttime View



Nighttime View of 10 York Development