63-Storey Pencil Tower Proposed on Adelaide East Near Church Street
AI Article Summary
Premium Properties plans to replace a six-story office building on Adelaide Street East in Toronto with a 63-story residential tower. The proposal includes a pencil-thin design with a 472m² floor plate and a mixed-use component, consisting of commercial and residential spaces. The development, designed by BDP Quadrangle, has submitted applications for amendments to the Official Plan and Zoning By-law with the City of Toronto. The site is located near key transit areas and is part of an emerging cluster of tall towers in the St Lawrence area.
What This Means for Canadian Contractors
This project shows how urban areas like Toronto are increasingly focusing on high-density residential development in transit-accessible zones. For Canadian builders, this means adapting to constructing in tight urban spaces, which can influence labor needs and project timelines. Additionally, the absence of vehicle parking in such developments highlights a shift towards more sustainable, pedestrian-friendly urban planning.