Archinect - News 2024-11-05T06:00:42-05:00 https://archinect.com/news/article/150316936/a-new-tall-mass-timber-proposal-is-heating-up-the-race-to-the-top-in-toronto A new tall mass timber proposal is heating up the race to the top in Toronto Josh Niland 2022-07-15T13:02:00-04:00 >2024-10-25T04:07:38-04:00 <img src="https://archinect.gumlet.io/uploads/b4/b4f3581cb7e3378a8a6ee499e5fa3ceb.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Around the same time the new world record holder for tall mass timber buildings &mdash;&nbsp;the 25-story&nbsp;<a href="https://archinect.com/news/tag/1210313/ascent" target="_blank">Ascent tower</a> &mdash; is making its <a href="https://archinect.com/news/article/150316784/world-s-tallest-mass-timber-tower-opens-in-milwaukee" target="_blank">much-awaited debut in Milwaukee</a>, another North American design proposal has been revealed in Toronto that would surmount the historic milestone by a total of six stories if approved.</p> <p>The proposed 31-story residential tower is being floated by 26-year-old developer Jackey Chen, who says an impressive 80% of the building&rsquo;s 494 total apartment units will be made affordable under the city&rsquo;s <a href="https://www.toronto.ca/community-people/community-partners/affordable-housing-partners/open-door-affordable-housing-program/#:~:text=The%20Open%20Door%20Program%20is,affordable%20ownership%20homes%20by%202030." target="_blank">Open Door program</a>, with project costs totaling between $75 and $80 million. Toronto studio <a href="https://archinect.com/firms/cover/96422474/icon-architects" target="_blank">ICON Architects</a> will serve as the building&rsquo;s designer.</p> <p>The development would entail the preservation of three semi-detached heritage buildings located in front of its would-be podium and take around two years to complete following an anticipated start of construction sometime before 2025. The proposed plan would join a list of at least five other mass timber developments in the GTA that in...</p>