Sadly, the dreams of an 80 story tower and Yonge at Bloor are pretty much done…or at least the dream of it being built by Bazis is.  Several of my sources have informed me that the land has been sold to an affiliate of Great Gulf Homes.  The price paid for the land is unknown and probably won’t be disclosed until the deal closes in mid September.  Future plans are also anyones guess.  I’ve heard everything from keeping the design (which i HIGHLY doubt) to scraping the whole thing and rebuilding a new concept all together (which more than likely will happen).  You can check out the latest story from the Globe and Mail here.

I’ve been by the Crystal Blue project (Bazis’ current development) and was really pleased with how the outside facade is coming along. Looks like that’s all we’ll be seeing  in Yonge and Bloor area by Bazis. I just hope the condo gods have greater plans for this corner and that whatever is built, truly pushes the envelope.

Buh bye “Canada’s Tallest Residential Building.” Hello “SomethingElse Towers.”  Follow the rest of the 1Bloor story here

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Related posts:

1. And so the Plot Thickens
2. Bazis’ Turn to Talk
3. August 18th – New Date to Circle