Five years after the old Stollery’s menswear store was demolished at Yonge and Bloor streets and the iconic corner was dug out to build an 85-storey condo-hotel tower, work has been stopped on the site due to a permitting issue with the city.
The city says it issued a stop-work order on Dec. 12 for The One by Mizrahi Developments. Although the builder had a permit to carry out shoring and excavation work, the construction at 1 Bloor St. W. had proceeded to foundation work that had not yet been permitted.
On a large project like The One, building permits are typically issued in stages, said a city spokesperson.
The developer has been awaiting permits to proceed with foundation and above-grade work on the site. Those were held up by an appeal of a site-specific zoning bylaw that cleared the Local Planning Appeal Tribunal on Wednesday.
That means the city can move ahead and finalize its review of the permit application to ensure it complies with the zoning. That is expected to take a couple of weeks so that, once any outstanding fees are paid, the developer can move ahead.
Mizrahi Developments did not respond to requests for comment from the Star.
The One, which broke ground in 2017, is expected to have 416 residential units, a rooftop swimming pool and ground-level retail space. The condo prices of between $2.2 million and $24 million are in keeping with the location near Yorkville and Toronto’s Mink Mile along Bloor Street.