Archinect - News2024-11-21T12:28:48-05:00https://archinect.com/news/article/150265103/a-new-proposal-for-55-yonge-street-will-bring-much-needed-vertical-space-to-burgeoning-downtown-toronto
A new proposal for 55 Yonge Street will bring much-needed vertical space to burgeoning downtown Toronto Josh Niland2021-05-25T12:31:00-04:00>2024-10-25T04:07:38-04:00
<img src="https://archinect.gumlet.io/uploads/c5/c5673f776a7b7244614f6a8aa826fbb3.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>An ambitious proposal for a new 66-story mixed-use tower in downtown <a href="https://archinect.com/news/tag/1880/toronto" target="_blank">Toronto</a> has been released as developers H&R REIT eye an approval looming late next year. </p>
<p><a href="https://55yonge.ca/" target="_blank">55 Yonge</a> is the product of a collaboration between Canadian groups <a href="https://archinect.com/firms/cover/105861755/partisans" target="_blank">PARTISANS</a> and <a href="https://archinect.com/firms/cover/39889407/quadrangle-architects-ltd" target="_blank">Quadrangle</a>, which was acquired by the UK group BDP at the <a href="https://www.bdonline.co.uk/news/bdp-buys-leading-canadian-architect/5097704.article" target="_blank">beginning of 2019</a>.</p>
<figure><p><a href="https://archinect.gumlet.io/uploads/86/86fc9b3e6ce18ce0465356dc723d6d90.jpg?auto=compress%2Cformat&enlarge=true&w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/86/86fc9b3e6ce18ce0465356dc723d6d90.jpg?auto=compress%2Cformat&enlarge=true&w=514"></a></p><figcaption>55 Yonge Street, rendering by Norm Li</figcaption></figure><p>The tower will have retail spaces and over 180,000 square feet of office space easily accessible by the nearby King Street TTC subway station. The design also features space for nearly 500 one-, two- and three-bedroom residential units for lease at a site that currently hosts a 12-story 1958 building by <a href="https://www.thestar.com/news/insight/2010/01/17/hume_peter_dickinson_a_towering_figure.html" target="_blank">modernist master</a> Peter Dickinson. </p>
<p>Anchored by a cavernous base, the lattice facade stretches into an elongated high-rise that provides an updated take on podium typology and the mid-century modern style once popular in Canada’s largest city.</p>
<figure><p><a href="https://archinect.gumlet.io/uploads/00/005d8cfdcd64143a86374025da24c216.jpg?auto=compress%2Cformat&enlarge=true&w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/00/005d8cfdcd64143a86374025da24c216.jpg?auto=compress%2Cformat&enlarge=true&w=514"></a></p><figcaption>55 Yonge Street, rendering by Norm Li</figcaption></figure><p>Toronto is changing, in part because of <a href="https://www.thestar.com/news/gta/2021/04/12/torontos-downtown-office-vacancies-have-hit-a-13-year-high-because-of-covid-19-but-there-are-signs-thats-about-to-change.html" target="_blank">COVID-related vaca...</a></p>