Topped off at 60 storeys above Yonge Street, neighbouring the Elgin & Winter Garden theatres, the Massey Tower has taken its place on TORONTO’s skyline. <PHOTO – Razz/Urban Toronto>
<View of balcony edges looking east, image by Craig White>
< Screens billow in the wind atop climbing project panels, image by Marcus Mitanis>
Designed by HARIRI PONTARINI ARCHITECTS and built for MOD DEVELOPMENTS, the company has donated a portion of its site to MASSEY HALL, Canada’s oldest concert hall, now undergoing a complete renovation. That extra space will provide an expanded loading dock, and a new 500-seat performance venue.
The Canadian Massey family was known for being patrons of the arts, and for manufacturing farm equipment for a large company that became Massey-Ferguson. Raymond Massey was a well-known actor; Vincent Massey was the 18th Governor-General of Canada; U of T’s Hart House was named for Hart Massey; Massey College is part of the family’s legacy – the list goes on. There’s also an equally successful branch of the family in the United States.
<It’s been 20 years since the federal, provincial and city governments formed the Task Force that recommended the creation of WATERFRONT TORONTO.>
That didn’t take long. CIBC Square in South Core is rising. TORONTO’s new financial district south of Union Station will soon have two new skyscrapers. CIBC, the Canadian Imperial Bank of Commerce, will eventually move south from its present headquarters building on Bay Street at King. <PHOTO – Canadian Chocho>
Good news for kids 12 and under. Beginning on March 9th, they’ll be able to ride GO Transit trains and buses for free, the province has announced. Children under five already ride for nothing on GO, while those between six & 12 are granted a discounted fare. The under 12’s have been riding free for some time on the TORONTO Transit system, and the UP Express to-and-from Pearson Airport. Not a bad deal all around.
Holder of two Michelin stars, sushi chef MASAKI SAITO is leaving New York City and opening a new restaurant in TORONTO’s Yorkville neighbourhood. Here he will present his interpretation of traditional edomae-style sushi. Saiko opened the New York Branch of Sushi Ginza Onodera in 2016, earned his first Michelin star in 2017 and added another, at age 30, in 2018. He plans to put his roots down in TORONTO.The University of TORONTO is first in Canada in the 2019 QS World University subject rankings. It is also the only university in the world to rank in the top 50 for the vast majority of specific subjects included.University of Toronto has placed in the top ten globally in six QS subjects: library and information management (3rd), pharmacy and pharmacology (4th), sports-related subjects (5th), education (7th), nursing (7th), and anatomy and physiology (8th). More than 1,200 institutions were ranked across 48 subjects this year.
Until now, the condo market has been the last remaining bubble in TORONTO’s overheated real estate market, with prices hitting a record high in 2018 – and the average unit selling for more than $1,000 a square-foot. – URBANATION
Demand for new projects has slowed and long lineups have virtually disappeared. “I think those days of the modern gold rush, where every developer was selling out within 30 days are gone,” said real estate agent ADAM BRIND of Core Assets.
“You can’t just throw up a sign and say ‘we’re launching this’, and have a huge lineup.” Some see this as a healthy return to a normal market.<PHOTO ABOVE – condo listings on Bay Street in 2017>