TORONTO | Forma | 308 M - 266.5M | 82 & 72 FLOORS

[DanOttTor]

So I'm hearing tower 1 - 272M - 82 floors, tower 2 - 284M - 86 floors, tower 3 - 278M - 84 floors.

Any truth to this?

[cruzin4u]

Originally Posted by Hed Kandi

Never going to happen.

This is as much of a pipe dream as Gehry's Atlantic Yards proposal. Toronto's overheated condo market is going to fizzle out any time now.

By the time this project goes through with all the necessary approvals and permits it will be dead in the water.

The market has cooled off, but hasn't crashed. By the time the project goes through, we could be in yet another boom. People will always buy into areas that are hot and that is just what the Entertainment District is. This doesn't mean the project has to sellout in a week. You're making assumptions - baseless assumptions at that. This project will go through and will sell - don't be jealous.

[koops65]

Originally Posted by Hed Kandi

Never going to happen.

This is as much of a pipe dream as Gehry's Atlantic Yards proposal. Toronto's overheated condo market is going to fizzle out any time now.

By the time this project goes through with all the necessary approvals and permits it will be dead in the water.

Agreed... plenty of people have been saying the market will crash, for several years now... and they have all been proven wrong.

[caltrane74]

Even at the beginning of the condo boom, we could have sold out this building 5 times over 10,000 units plus. And even if our sales come down by a predicted 25% we're sell selling over 22,000 units per year. That would fill this building 10 times over if the sales were in just one year.

If you average the sales out over 3 years, the market can easily absorb these new units, even though trending down. Just the sales cycle should be calculated out a little longer.

[isaidso]

The biggest and most audacious buildings always seem to get proposed right at the end of a building cycle. It does look eerily like that, but who knows. Like Caltrane said, demand may be going down but there's still lots of demand.

[Fatality]

The sad part may be that these towers won't be even supertalls...but then again that is the least of the worries for this project I suppose. Nothing to do now but just wait and see...

[FrumYid]

I have noticed the `cooling off market`as reflected in the fewer posts of new projects proposed for TO.

Not too sure what to make of this mixed bag. As is, it looks a bit odd. Seems much more a statement than a legacy, as they are saying.

Time will tell.

Soon Toronto will be back with building office towers, oh well.

[Fatality]

Originally Posted by JayCortese

Soon Toronto will be back with building office towers, oh well.

You make that seem like a bad thing... Toronto has way too many condo towers anyway and it would be nice to see some dominating office towers rule the skylines (like you see in most major cities). I like office towers because even though most aren't architecturally appealing, their sheer size usually is impressive in itself (like FCP and SP). But then again, they have the beauty of the 90's buildings, where size is good enough. Hopefully, more recent ones will be better.

[DrNest]

Originally Posted by Fatality

You make that seem like a bad thing... Toronto has way too many condo towers anyway and it would be nice to see some dominating office towers rule the skylines (like you see in most major cities). I like office towers because even though most aren't architecturally appealing, their sheer size usually is impressive in itself (like FCP and SP). But then again, they have the beauty of the 90's buildings, where size is good enough. Hopefully, more recent ones will be better.

Agreed. Telus and PWC are nice new additions to the office towers in Toronto. I would have preferred them to have had another 20 or so floors, but I agree, generally office towers really add to the skyline.

[caltrane74]

Supertall office tower, supertall residential proposed for Toronto today.

[Gresto]

Supertall? Where did you hear this?

[isaidso]

Originally Posted by caltrane74

Supertall office tower, supertall residential proposed for Toronto today.

If you're referring to the casino proposal, no heights have been released. You must be talking about some other proposal?

[koops65]

I've made drawings for the Centre and East towers:
http://skyscraperpage.com/cities/?buildingID=15337
http://skyscraperpage.com/cities/?buildingID=31757
Toronto diagram: http://skyscraperpage.com/diagrams/?cityID=12

Anyone who wants to make a drawing of the West tower is welcome...

[Alegan]

Thank you Koops65! I was hoping someone would do these, and they look great!!

[caltrane74]

Originally Posted by isaidso

If you're referring to the casino proposal, no heights have been released. You must be talking about some other proposal?

You spoke to soon.

Old News Now, but yes the proposal so far has them over 1000 feet. Just a matter if they stay that way or get chopped down. I'm hoping for the former.

[Fatality]

Toronto condo projects on hold as sales plunge

http://business.financialpost.com/20...-sales-plunge/

[vinchops]

so any news on these or are they cancelled?

[Dwils01]

Just because there is no news for about a month doesn't mean that they are cancelled, there is a lot of stuff involved in these processes especially for buildings such as these and it will take some time before the project can move forward. It needs financing, a developer, approval then building permits by the city, and then a sales centre and hopefully sales go well here.

[Duck From NY]

Originally Posted by caltrane74

To the tower on the right: O.K. calm down Gehry.