Revisions for 58 Storey Condo Proposed in Midtown Toronto

Revisions for 58 Storey Condo Proposed in Midtown Toronto

The proposed development at 2323 Yonge Street in Toronto, set to rise in the heart of Midtown near the North Eglinton Station, promises to be a significant addition to the area. This project, led by RioCan REIT, aims to create a mixed-use building that blends residential units with retail and office spaces. Here’s an in-depth look at the construction and design aspects, focusing on the interests of workers in the construction field.


Project Overview


Key Details


  • Location: 2323 Yonge Street, Toronto, Ontario
  • Developer: RioCan REIT
  • Scope: Mixed-use development with residential and retail spaces
  • Height: 58 storeys
  • Total Residential Units: 750
  • Total Investment: Not specified
  • Completion Timeline: Subject to approvals and construction phases


Project Goals

Urban Toronto reports that the primary goal of this project is to provide a high-density residential and commercial space that supports urban living and working, enhances local amenities, and contributes to the skyline of Midtown Toronto.


Construction Phases and Key Features


Site Preparation

The initial phase involves extensive site preparation. Key activities include:


 - Demolition: Removal of existing structures to clear the site for new construction.

 - Utility Upgrades: Setting up new utility connections for water, electricity, and sewage.

 - Excavation: Preparing the site for foundation work.


Foundation and Structural Work

Building a solid foundation is crucial. This phase includes:


 - Deep Excavation: Creating a deep foundation to support the high-rise structure.

 - Concrete Pouring: Laying a robust concrete foundation with reinforced steel to ensure stability.

 - Waterproofing: Applying waterproofing materials to protect the foundation from water damage.


Superstructure Construction

The superstructure phase involves erecting the main framework of the building. This includes:


 - Steel Framing: Constructing the high-rise structure with steel beams and columns.

 - Floor Slabs: Pouring concrete slabs for each floor.

 - Exterior Cladding: Installing the building’s exterior skin, which includes glass, metal panels, and other materials.


Exterior and Interior Work

Detailed exterior and interior work will complete the building. Key tasks include:


 - Window Installation: Fitting high-performance, energy-efficient windows.

 - Facade Work: Completing the building’s exterior with a combination of glass and metal panels.

 - Interior Fit-Out: Installing electrical systems, plumbing, HVAC, drywall, flooring, and finishes.

 - Underground Parking: On two levels with spaces for 50 vehicles plus 750 bicycle parking spaces.


Residential Units

The development will feature a total of 750 condominium units, including:


 - Layouts: A mix of studio, one-bedroom, two-bedroom, and three-bedroom units. 

 - Amenities: Modern kitchens, high-quality bathrooms, and energy-efficient appliances.

 - Balconies: Many units will include private balconies with city views.


Commercial Spaces

The lower floors will house retail spaces, designed to attract high-end tenants. This will include shops and restaurants.

Public Amenities

The development includes several public amenities to enhance community engagement:


 - Fitness Center: A fully equipped gym for residents.

 - Community Spaces: Areas for social gatherings, events, and meetings.

 - Green Spaces: Rooftop gardens and landscaped areas.


Design and Sustainability


Architectural Design

The design by architects Dialog focuses on modernity and functionality. Key design elements include:


 - Vertical Garden: Incorporating greenery throughout the building to promote sustainability and enhance aesthetics.

 - Open Layouts: Spacious, open layouts to maximize natural light and airflow.

 - High Ceilings: Creating a sense of space and luxury in both residential and commercial units.


Sustainable Building Practices

Sustainability is a key focus. The construction will incorporate:


 - Energy Efficiency: Using energy-efficient systems, including LED lighting and high-efficiency HVAC. 

 - Sustainable Materials: Utilizing eco-friendly and recycled materials.

 - Water Conservation: Installing water-saving fixtures and systems.


Economic and Community Impact


Job Creation

The construction of 2323 Yonge Street is expected to create numerous jobs, benefiting the local economy. The project will employ a diverse workforce, including:


 - General Laborers: Handling various tasks such as site preparation and material handling.

 - Skilled Tradespeople: Specializing in carpentry, masonry, electrical work, and plumbing.

 - Engineers and Project Managers: Overseeing the construction process and ensuring adherence to plans and schedules.


The development of 2323 Yonge Street represents a significant urban redevelopment project in Toronto’s Midtown. For construction workers, this project offers a unique opportunity to engage with innovative construction techniques and sustainable practices. This project will provide high-end residential and commercial spaces that will attract businesses and residents.


DataBid is currently reporting on this project - 2323 Yonge Street Mixed Use Development Midtown - Toronto  (0052062724)


Looking for Mixed Use Projects in Ontario?


Posted by Judy Lamelza

Need the details on a specific Project or Company?
See how DataBid can help your company find projects and increase your odds of winning.



TradeTraks Ad Wide
New call-to-action
Office Hotel Mixed-Use Projects 1080x1920