[yyzer]

just an update....the first tower in the project was released for sale a few months ago, and it is the shorter 55S tower....per several posters at urbantoronto, it is now about 70% sold.....not sure when construction would begin for the first tower, but the developers are Cadillac Fairview and Lanterra Developments, 2 well established players in the Toronto market...

hopefully we will see this one proceed...the market for new condos in Toronto, while way down from last year, seems to be showing some signs of life...

btw, the proposed heights are as follows...

office - 31 storeys - 156.9 m (514.7 ft)

Res 1 - 55 storeys - 185.8 m (609.58 ft)

Res 2 - 65 storeys - 216.8 m (711.28609 ft)