..But they are making more condos.
LOTS more condos.
In addition to all the run-of-the-mill condo towers in Canada there’s this plan:
Pinnacle International has plans to build the tallest building in Canada, a five building condo compilation on Torontos waterfront that would include a 92 and 98 storey building.
The tallest building in Canada today is the 72-storey First Bank Tower at 100 King Street West in Toronto, according to the Skyscraper Center, a database of the world’s tallest buildings.
Pinnacle bought the Toronto Star Tower, on the Toronto waterfront at the corner of Yonge Street and Queen’s Quay, this summer. The parcel of land is now home to a parking lot and a low-rise building, but that may soon change.
No one was available to speak about the project at Vancouver’s Pinnacle International head office on Monday.
The conceptual drawing posted on the Urban Toronto site shows the 25-storey Toronto Star Tower in the lower left corner, with another tower beside it. A road separates those two smaller towers from four much taller towers behind the first two. The Toronto Star report said the four taller towers are residential towers, while the smaller new tower would be an office tower.
Can anybody tell me how many more homes can be provided in a condo tower like this compared to single family homes on equivalent lot space? Because I’m guessing it’s a lot.