Additional tidbits from Storeys: https://storeys.com/tridel-builders-the-one-mizrahi-completion/

The Receiver also notes that the existing agreement with Hyatt Hotels of Canada Inc. to operate what was going to be known as the Andaz Toronto - Yorkville will be disclaimed and that a new operator will be selected.
...
The Receiver did not identify an estimated completion date for the project in its December update, but previously estimated in November that The One would be completed in the second half of 2027.
 
From this morning Dec. 12th

Media.jpeg
 
I would have thought that once the structural work was done to support a 328m+ tower, that it would be more cost-effective to build more floors and more units rather than fewer.

The VE plan sounds like what RyanAir would do with an A380: all-economy class with 850 seats.
 
I mean we are basically returning to the original approval, minus some of the mega-units on the uppermost floors. The units up there are unlikely to be small, "ryanair" type units still.. just not 2-4,000 sf mansions in the sky. I imagine they are dividing them up into more manageable ~1,000sf 2-bed units.

Ultimately even at 86 floors this will be taller than any other building in the City. It may be a bit disappointing to lose the top 5 floors, but it's not like the building turns to crap because of it.

Tridel also does absolutely excellent interior finishes and construction quality, despite it's reputation for exterior design direction and it's preference for Kirkor.. Luckily in this case, the exterior design direction is already "locked in" and is not up to Tridel to change. They will deliver their signature, high quality interior design I'm sure for end purchasers here.

If I was a purchaser I would be pretty happy that the project ended up in Tridel's hands.

As to why they aren't pursuing 91 storeys - as far as I know, Mizrahi got the ZBA approved for the change, but never amended the Site Plan before losing control of the project. For whatever reason, I guess Tridel / Skygrid did not care to pursue the site plan modifications required.
 
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I mean we are basically returning to the original approval, minus some of the mega-units on the uppermost floors. The units up there are unlikely to be small, "ryanair" type units still.. just not 2-4,000 mansions in the sky. I imagine they are dividing them up into more manageable ~1,000sf 2-bed units.

Ultimately even at 86 floors this will be the taller than any other building in the City. It may be a bit disappointing to lose the top 5 floors, but it's not like the building turns to crap because of it.

Tridel also does absolutely excellent interior finishes and construction quality, despite it's reputation for exterior design direction and it's preference for Kirkor.. Luckily in this case, the exterior design direction is already "locked in" and is not up to Tridel to change. They will deliver their signature, high quality interior design I'm sure for end purchasers here.

If I was a purchaser I would be pretty happy that the project ended up in Tridel's hands.

As to why they aren't pursuing 91 storeys - as far as I know, Mizrahi got the ZBA approved for the change, but never amended the Site Plan before losing control of the project. For whatever reason, I guess Tridel / Skygrid did not care to pursue the site plan modifications required.
That exterior reputation is also outdated, most of their work the last 5 years has been nice, with some standouts like the Well and Aqualuna
 
I mean we are basically returning to the original approval, minus some of the mega-units on the uppermost floors. The units up there are unlikely to be small, "ryanair" type units still.. just not 2-4,000 sf mansions in the sky. I imagine they are dividing them up into more manageable ~1,000sf 2-bed units.

Ultimately even at 86 floors this will be taller than any other building in the City. It may be a bit disappointing to lose the top 5 floors, but it's not like the building turns to crap because of it.

Tridel also does absolutely excellent interior finishes and construction quality, despite it's reputation for exterior design direction and it's preference for Kirkor.. Luckily in this case, the exterior design direction is already "locked in" and is not up to Tridel to change. They will deliver their signature, high quality interior design I'm sure for end purchasers here.

If I was a purchaser I would be pretty happy that the project ended up in Tridel's hands.

As to why they aren't pursuing 91 storeys - as far as I know, Mizrahi got the ZBA approved for the change, but never amended the Site Plan before losing control of the project. For whatever reason, I guess Tridel / Skygrid did not care to pursue the site plan modifications required.
Come to think of it the 91 floor version would’ve stood out way to much so maybe 85 would look a bit better on the skyline 💁
 
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@DevDudeToronto's posted link says this:


Looking like they are sticking to 86 storeys:

View attachment 618913

We have asked for up-to-date architectural drawings. I want to see where this magical 86th floor is supposed to be. Failing new plans that shows where it is, we have dropped the DB file stats back to the 85-storey version.

And Tridel seems more of a foster parent taking in an unwanted child than that of a confident owner here. /sigh

The unwanted child of a receiver? Receivers are not equivalent to foster parents themselves, more like halfway houses. Mizrahi certainly did want this child, they just couldn't afford to raise them anymore. Tridel is taking on a sprouting teen that needs some experienced parenting to get it to adulthood!

Thread title needs a change now...

Done automatically with the update to the DB file!

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