Ontario Construction News staff writer
Toronto recorded building permits valued at $2,419,299,813 in May, a significant increase from the $1,092,295,757 issued in April.
ScotiaBank Arena renovations and a major multi-structure development in Don Mills are reflected in the largest permits.
Here is a summary of the five largest permits issued:
$500,000,000 – 40 Bay St.
This permit is for work on the ScotiaBank Arena “interior alterations, building additions/alterations”. PCL is the general contractor for the second construction phase, including capital improvements to the 100-level concourse and the introduction of the new MNP Pass Social Club.
$168,000,000 – 1150 Eglinton Ave. E.
At 39 storeys, this is the tallest of the five-building One Crosstown Towers and The Crest project, designed by Core Architects for Diamond Corp and Aspen Ridge Homes in Don Mills. The permit describes the structure as an apartment building, though Urban Toronto reports the development will be condominiums.
$150,000,000 – 611 Sherbourne St.
Concert Properties is developing this 53-storey mixed use condominium building. IBI Group designed the structure.
$140,000,000 – 1150 Eglinton Ave. E.
This is another permit for the One Crosstown Towers/The Crest project described above
$132,509,000 – 844 Don Mills Rd.
The permit is for a 29-storey structure within the One Crosstown Towers/The Crest project
See all the May building permit applications and permits issued.
