Three Canadian Developers to Launch New Yorkville Condos
RioCan Living, Metropia and Capital Developments are developing a mixed-use building tucked away from the main roads of Bloor and Bay Streets in Yorkville’s opulent neighbourhood.
The 62-storey 11 Yorkville building is expected to feature 593 residential suites ranging from 400 sq. ft. to 1,140 sq. ft, a parkette, and a retail component.
Recognizing the need for more public space in the neighbourhood’s pedestrian-friendly streetscapes and cobblestone lanes, the project will introduce a 14-metre-wide park that fronts the building’s retail space, connecting Cumberland St. to Yorkville Ave.
“There is only one Yorkville Ave. in Canada, and we have a responsibility to deliver a project that lives up to its surroundings. Yorkville has always been synonymous with prestige in Toronto, and it is experiencing a retail renaissance. It’s an exciting time to be contributing to the vitality and longevity of this neighbourhood,” says Edward Sonshine, Founder and CEO of RioCan REIT.
Eleven Yorkville’s slender façade mirrors the gothic architecture of the 1920s that influenced New York’s first skyscrapers. The tower is located right across the new Four Seasons Hotel & Residences.
Designed by landscape architect, Janet Rosenberg and Studio, the building’s limestone base cladding and tapering compliments the larger stone piers that anchor it to the ground.
“Yorkville has some of the city’s greatest public spaces, such as the Four Seasons’ Rose Garden and the Village of Yorkville Park. The site presented the perfect opportunity to contribute to the unique vibrancy of the neighbourhood. Enhancing Yorkville’s active public realm is part of the great legacy we hope to leave behind,” says Howard Sokolowski, Chairman and CEO of Metropia.
Interiors designed by Cecconi Simone offer high-end finishes with design-focused kitchens. These kitchens highlight a two-level black marble island with a built-in wine trough, a wine fridge, and a marble range hood enclosure.
“Every detail in the building from the quality of materials, texture and lighting has been meticulously thought through. Our approach carefully considered the interplay of drama and warmth in order to bring Yorkville’s legacy indoors, and to create a sense of ‘home’ that is both singular and personal,” says Elaine Cecconi, Partner at Cecconi Simone Inc.
The building’s amenities include an indoor-outdoor and a hammam spa. For social events, a chef’s kitchen and lounge, as well as a piano lounge, provide large intimate spaces for entertaining.
“The design of 11 Yorkville creates a sense of heightened desire that is so fitting for its location. Well-founded in the park, it’s as if the ground is holding up the final piece of Yorkville Ave. and leading it towards the sky,” says Dermot Sweeny, President of Sweeny&Co Architects Inc.