There is a new condo player coming into the Yonge Street Condo corridor neighbourhood. Just south of One Bloor on Yonge Street between Dundonald and Gloucester Streets will be The Clover on Yonge. Still in its very early days, The Clover on Yonge is a project from Cresford Developments, who is already well known in the neighbourhood from their other residential buildings such as 1000 Bay Condos, Casa 1 & Casa 2 Condos and Vox Condos on Wellesley. They will be teaming with architectsAlliance to create this proposed 44 storey tower with approximately 420 units and retail/commercial space at the base.
Having gone through many design changes from the development applications submitted to the City of Toronto since 2012, I do believe what we see below will basically be the form to take shape on the site to come. The original plan called for a rather edgy 75 degree angular plane shooting out from the side of the building, however the final rendition will be more traditional in shape.
Also to be incorporated into the site are some of the older, more historical buildings on the building lots, so as to keep the historic character of Yonge Street somewhat intact.
The Clover on Yonge is simply proof of the Yonge Street building boom that has been taking place along the stretch from Gerrard to Bloor with such notable projects as the site of 385 Yonge Street, Aura Condos, YC Condos, Karma Condos, Tea House Condos, the site around 490 Yonge Street, Five Condos, and many others that are just off to the side of Yonge Street. The building boom from Bay Street has certainly filled the appetite for more condos on Yonge Street and I wouldn’t be surprised to hear of other condos to come as Yonge Street is ripe for change.
If you have any interest in The Clover On Yonge, contact me below and I’ll keep you in the loop!