Real Estate News Exchange (RENX)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6
Canada: 1-855-569-6300

Pinnacle to launch 95-storey Toronto SkyTower condos

Pinnacle International is launching the second phase of its mixed-use Pinnacle One Yonge developm...

IMAGE: SkyTower at Pinnacle One Yonge will be second only to the CN Tower in total height in Toronto. (Courtesy Pinnacle International)

SkyTower at Pinnacle One Yonge would be second only to the CN Tower in total height in Toronto. (Courtesy Pinnacle International)

Pinnacle International is launching the second phase of its mixed-use Pinnacle One Yonge development, the 95-storey SkyTower condo tower which will dominate a significant portion of the city’s skyline.

SkyTower will rise 1,027 feet in height the company says, which would make it the tallest building in Toronto and the second-tallest structure, behind only the world-renowned CN Tower.

“An iconic address like One Yonge demands an iconic architectural statement,” said Pinnacle’s vice-president of sales and marketing, Anson Kwok, in a release. “We knew this location demanded something elegant and distinctive.”

Designed by Hariri Pontarini Architects, SkyTower will include more than 800 condominiums in a variety of layouts. They will range from 520 to 2,300 square feet, with prices starting from just over $800,000.

“Our approach to this phase, and the other elements of this master-planned development, was predicated on a commitment to not just merely add yet another condo to the downtown core,” Kwok said in the release. “Instead, we recognized the unique privilege provided by this site to forever reshape the Toronto skyline.”

SkyTower and Pinnacle One Yonge

Suites in the SkyTower will offer “unparalleled views across Lake Ontario and over the surrounding GTA” according to the release. The units were designed by award-winning Tanner Hill and Associates, offering spacious and light-filled living spaces. 

Amenities within SkyTower will be in line with those provided at other luxury residences, including a pool, yoga studio, games centre and party-space, as well as outdoor barbecues and lounge areas.

SkyTower will be the second of three tall condo towers at Pinnacle One Yonge. Its launch follows the release of The Prestige, a 65-storey condominium tower that launched last year and is now under construction.

Details of the third tower have not yet been released, although in a previous interview with RENX, Kwok said the structure would be 80 storeys.    

With more than 2,200 condominiums planned between the three buildings, the residential towers will anchor the master-planned, 4.4-million-square-foot development of Pinnacle One Yonge.

The master-planned community will also include two other office towers containing 1.5 million square feet of office space, 160,000 square feet of retail, a 250-room hotel, a 50,000-square-foot community centre and a 2.5-acre public park.

Toronto’s tallest buildings

If completed today at 1,027 feet, the SkyTower would be among the top-20 tallest high-rises in North America according to Wikipedia. It would place 16th on the list, between the New York Times Building (1,045 feet) and the Bank of America Plaza in Atlanta (1,023 feet).

SkyTower would usurp Toronto’s First Canadian Place, an 83-storey skyscraper standing 978 feet high, as Canada’s tallest building. The CN Tower would remain Canada’s tallest structure at 1,815 feet.

Two other Toronto buildings will also top First Canadian Place on completion, Mizrahi’s The One (1,007 feet) and Cresford’s YSL Residences (981 feet). Both those buildings will stand 85 storeys, and are currently under development.

Vancouver-based Pinnacle has been involved in the development, design, construction and management of condos, hotels and commercial buildings for more than 40 years.

It has been involved in major developments in Greater Vancouver and Toronto as well as in San Diego, where it built the city’s tallest residential building, Pinnacle on the Park.


* Major GTA developments mean busy 2018 at Pinnacle