The new 55 Yonge St is a bold and transformative 66-storey mixed-use development by H&R REIT in downtown Toronto. Designed by BDP Quadrangle and PARTISANS, the building will bring new life to the neighborhood’s commercial core while providing high-end residential condos.
The project site is located on the southeast corner of Yonge and Colborne streets, currently occupied by two office buildings, 12-and-five-storeys in height. The current buildings will be demolished to make way for the tower, which would have retail spaces and nearly 500 one-, two- and three-bedroom condos.
Developed by a local team of architects, this mixed-use building will introduce inspiring and high-quality architecture to the city’s skyline. The ten floors of office space will be designed for the contemporary worker in a post-Covid world, supported by efficient layouts and a hospitality-driven environment at street level.
The tower will also feature purpose-built rental apartments ranging from 450 sf one-bedrooms to multi-story 2,000+ sf residences. The residential units will be accompanied by wellness amenities between the residential and office levels including spacious open-air terraces, a pool, a fully equipped gym and health-oriented programming. Additionally, tenants can access boardrooms, informal meeting areas and services to support their office needs.
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