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Canada's Tallest Building Breaks Ground

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A rendering of The One at One Bloor West

What is being billed as both Toronto’s first billion-dollar condo project and Canada’s tallest building officially broke ground Thursday.

“If you’re lucky, you get one opportunity in life to contribute to a project like The One,” Mizrahi Developments President Sam Mizrahi said in a news release. “Yonge and Bloor is one of the most iconic intersections in the city and arguably the country. Mizrahi Developments has a responsibility to deliver something Canada hasn't seen before and we’re grateful and excited to get started.”

Cost of construction of The One has been pegged at over $1B.

Residential amenities on the development will include a 2K SF rooftop swimming pool and an adjoining garden terrace that will be heated for four-season use, as well as a private gym and spa.

The One will also feature an LED lighting system sourced from Japan. The system can be used to produce different colours to reflect the mood of the city, and the infrastructure will be hidden within the construction of the building, allowing the light to appear as a glow.

“We want to be innovative. We want to introduce new concepts, new designs and new materiality to the city. There is only 1 Bloor West in Canada and we’re going to build it with passion,” Mizrahi said.

The One is expected to be completed by 2022.

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