December 30, 2022
As we near the end of 2022, we’re looking back on a year full of incredible milestones and unforgettable memories while looking forward to new projects on the horizon. Both our team and consultant partners worked together this year to achieve new levels of success, which would not have been possible without the collaboration and hard work of everyone involved. This year, we launched two new additional floors at 55C Bloor Yorkville Residences, travelled to Morocco with our top-performing brokers for the project and earned prestigious accolades for our commitment to heritage retention and design excellence in the city. Here’s a recap!
55C Bloor Yorkville Residences Continues To Rise
During 2022, we hit major construction milestones and are closer to welcoming future 55C residents home. This month, we poured concrete for the 27th floor and installed windows up to the 18th floor. Suite finishing has begun in the tower, and construction of architectural fins on the podiums is scheduled to begin next year.
Our Commitment to Building Affordable Housing in the City
Back in 2019, as part of the zoning approvals for 55C Bloor Yorkville Residences, we proposed the purchase of 218 Carlton Street with the goal of creating non-profit affordable housing for Indigenous men experiencing homelessness. The future residence will be operated by Na-Me-Res, a charitable organization dedicated to providing services for Indigenous men and to the broader community. We are proud to announce that we commenced construction in late November and look forward to turning over the building to the City and to Na-Me-Res in 2024.
New Accolades For Waterworks
Along with our partner, Woodcliffe Landmark Properties, we were awarded the top award for Adaptive Reuse from Heritage Toronto for our Waterworks development.
Waterworks exemplifies our commitment to city-building and design excellence by taking an entire block of abandoned industrial buildings erected in 1932 and repurposing them into the new heart of the King/Spadina neighbourhood. This block now includes residential uses, both condominium and affordable, retail and a soon-to-be-opened new neighbourhood YMCA and European-style food hall.
We Held Our First-Ever Industry Panel on City Building at Waterworks
In November, we had the pleasure of bringing together leaders in the business and financial community and some of the brightest minds in planning, real estate, design and municipal law for a conversation on city-building. Distinguished panellists included: Gregg Lintern, Chief Planner and Executive Director, City Planning Division, City of Toronto; Salima Rawji, Senior Vice President, Development, Create TO; Don Schmitt Principal, Diamond Schmitt Architects and Eileen Costello, Partner, Aird & Berlis LLP
We look forward to hosting more panels in the new year!
Massey Hall Opens Its Doors
This July, MOD was invited on a private tour to see all of the incredible work that went into the restoration of the iconic Massey Hall venue – the city’s oldest concert hall. The multi-year revitalization included a full exterior and interior renovation of the historic hall along with a new addition, both of which will be unified to form the Allied Music Centre. We are proud to have been Cornerstone Supporters of the revitalization as part of our commitment to heritage retention in the city.
After two years of travel restrictions, we were finally able to celebrate the success of 55C Bloor Yorkville Residences with our top brokers on the trip of a lifetime to Morocco in June. From visiting the local markets, riding camels in the desert and taking in the expansive Marrakesh views from a hot air balloon, our Morocco trip was an experience we will never forget. It was a privilege to immerse ourselves in the beautiful Moroccan culture and experience all that Marrakesh has to offer.
We Launched Two Additional Top Floors at 55C Bloor Yorkville Residences
In April, 50 became the new 48. Construction at 55C Bloor Yorkville Residences reached new heights this year after we received zoning approval for two additional top floors.
Standing tall in the heart of Bloor Yorkville, 55C will offer expansive views of the city and state-of-the-art residential units.
St. Andrews Playground Officially Opened
St. Andrew’s Playground opened in 1909 as Toronto’s first supervised playground at the corner of Brant and Adelaide Street, in the heart of what is now known as the Fashion District. Located south of the former St. Andrew’s Market, the park and playground continued to serve the surrounding community until it eventually fell into disrepair and part of it was used by the city as a parking lot. Thanks to a brilliant redesign earlier this year by the city in conjunction with our Waterworks project, St. Andrew’s Playground is back where it belongs: as a hub where Torontonians can gather.
After an incredible past year, we look forward to seeing what 2023 has in store. To keep up to date on all things MOD, follow us on social!