Developer wants to turn major Toronto intersection into a festival space

A Toronto area developer wants to turn an intersection in the city’s downtown core into a festival space.

During a city development hearing related to Sam Mizrahi’s SkyTower at Pinnacle One Yonge at Yonge and Queens Quay getting yet another nine storeys, bringing its height to 94-storeys and making it the tallest building in the city, the prospect of entirely reworking the intersection of Yonge and Bloor was also a topic of discussion.

According to blogTO, the redesign will allow the intersection to continue functioning as normal, but with the ability to support street festivals and the annual pride parade.

The new design includes geometric patterns in its centre and the integration of a massive tower being built in the intersection southwest corner.

Renders show off a holiday market that features stalls and activities and several displays spilling into the intersection.

However, Ward 11, University-Rosedale Councillor Mike Layton says that there are already plans in place to rework the intersection over the next eight years in preparation for  “expanding the subway platforms below.”

“We’re not going to spend over a billion dollars on rebuilding the intersection without putting something really spectacular on top, something that fits the corner of Yonge and Bloor. We don’t require developers’ help putting a tiny bit of frosting on a billion-dollar cake that we’re baking underground,” said Layton during the hearing, according to blogTO.

It’s unclear if the plans will be pushed through, but if Layon’s comments are any indication, Yonge and Bloor won’t be hosting street festivals anytime soon.

Image credit: Mizrahi Developments

Source: blogTO

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts