In a recent development, The One, an 85-storey luxury condo development project currently under construction at Yonge and Bloor streets, faces receivership as confirmed by court documents. Alvarez & Marsal Canada Inc., a consulting firm, has been appointed as the receiver for all project assets. The decision to place “The One” into receivership comes as … [Read more…]
The City of Toronto is allowing a more substantial number of storeys at The One, though not quite meeting the ambitious target set by the developer, and getting a new public art gallery as a result. The City and Mizrahi Developments, the company behind the ongoing construction of the skyscraper situated at 1 Bloor St. … [Read more…]
The mammoth McEwan grocery story at Yonge and Bloor is going to be replaced by a new bowling and entertainment facility from the team behind Ballroom Bowl. And it must be getting close as the company is already hiring staff for all positions. The original Ballroom Bowl opened in 2010 as a 10-lane bowling alley with … [Read more…]