Ontario Construction Report staff writer
The Toronto condo market is about to reach new heights.
Pinnacle International in February announced the next phase of its Pinnacle One Yonge development and details of the country’s tallest residential condominium tower, to be called SkyTower at Pinnacle One Yonge.
At a record-breaking 95-storeys and over 313 metres in height, the tower – designed by Hariri Pontarini Architects – will include more than 800 condominium suites in a variety of layouts, ranging from 520 to 2,300 square feet, with prices starting from just over $800,000.
“An iconic address like One Yonge demands an iconic architectural statement,” says Pinnacle’s vice-president of sales and marketing, Anson Kwok. “We knew this location demanded something elegant and distinctive.
“Our approach to this phase, and the other elements of this master-planned development, was predicated on a commitment to not just merely add yet another condo to the downtown core. Instead, we recognized the unique privilege provided by this site to forever reshape the Toronto skyline.”
The developers say in a statement: “While offering unparalleled views across Lake Ontario and over the surrounding GTA, suites at SkyTower will be defined by their timeless and contemporary designs created by the award-winning team at Tanner Hill and Associates, offering spacious and light-filled living experiences.”
Amenities will include a pool, yoga studio, games centre and party-space, as well as outdoor barbeques and lounge areas.
SkyTower is the second of three tall towers at Pinnacle One Yonge, and its launch follows the release of The Prestige, a 65-storey condominium tower that launched last year, is now under construction. Details of the third tower have not yet been released.
With more than 2,200 condominium suites between the three buildings, the residential towers will anchor the master-planned 4.4 million sq. ft. development of Pinnacle One Yonge. This master-planned community will also include 1.5 million sq. ft. of office space, 160,000 sq. ft of retail, a 250-room hotel, a 50,000 sq. ft. community centre and a 2.5-acre public park.