‘World’s Tallest Mass Timber Tower’ Approved By Toronto City Council

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‘World’s Tallest Mass Timber Tower’ Approved By Toronto City Council
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Zakiya is a staff writer with STOREYS. She has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.

During their deliberations last week, Toronto City Council granted zoning approvals for around a half dozen towers that will bring more housing and density to the city at large.Toronto City Council put their stamp of approval on a handful of development proposals last week, and among them was what is poised to be the tallest mass timber building not only in Canada, but in the world.

These details are according to the most recent rendition of the proposal, which was filed at the end of February 2024. However, it was theof the plans that dubbed the development “the tallest wood construction building in Canada,” as it would utilize Cross Laminated Timber in lieu ofIn addition to Unix’s mass timber project, there were around a half dozen other tower proposals on Council’s docket last week that nabbed zoning approvals, including a 76-storey building from.

This particular proposal dates back to November 2020, at which time, 14 storeys and 270 rental units were proposed. Almega’s plans for the building have shifted over the past four years, with the most recent iteration of the proposal seeking 12 storeys and 328 units, including 15 affordable rental units and 313 condo units. A retail component has been proposed at grade with Sheppard West frontage.

The Ontario government wants to take a page from BC's book with a "cooling-off" period and, if all goes according to plan, a 10-day cooling-off period for purchases of new freehold homes could be in store for the province’s homebuyers in the not-too-distant future.The Okanagan Valley gets plenty of shine when talking about living among beautiful natural landscapes, mountains, and lakes in British Columbia. But the Kootenay region, further towards the east, should not be overlooked.

The receivership was initiated by KingSett, who was owed $47M, but the receiver has since revealed debt to other secured and unsecured creditors.​Toronto architectural firm Hariri Pontarini Architects has another accolade to add to its long list after picking up the Council on Tall Buildings and Urban Habitat Tall Building Design Award for its LEED Platinum office tower that anchors The Well in downtown Toronto.

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