TORONTO, ON — After successfully meeting pre-sale targets despite setbacks from the pandemic, on August 19, 2020, MOD Developments will celebrate breaking ground at 55C Bloor Yorkville Residences exactly one year to date from their official launch. Situated in the heart of Bloor Yorkville, 55C is one of the last buildings to go up on Charles Street — a defining moment in an already established, vibrant neighbourhood.
“The pandemic was difficult for all Canadians and businesses in every industry and it was no different for us at MOD. However, I'm extremely proud of how our team came together and juggled both their family life, along with such a time-sensitive project to ensure we started building on schedule for our customers,” said Noorez Lalani, president of MOD Developments. “We are fortunate that the Province declared construction an essential service and that the City was committed to processing applications and permits as best as they could. We’ve reached this milestone with help from a lot of sources, including a terrific consultant team.”
Designed by award-winning architectural firm architectsAlliance, the modern point tower comprises 551 units in a diverse mix of studios, one-, two-, and three-bedroom suites with elegant interior finishes designed by Cecconi Simone. Its 48-storeys has two floors dedicated to amenity spaces, spanning 20,000 sq.ft. between the eighth floor and rooftop. The indoor-outdoor entertaining space, known as the CLounge, is one of the highest amenity spaces in Toronto, boasting a sweeping 180-degree view of the skyline.
“The design intent for 55C was to do a development that (in somewhat of a contradiction) stood out by being understated in its elegance, materiality and colour palette. In early discussions, we spoke in sartorial terms of how a building could be like bespoke tailoring,” said Gary Switzer, CEO of MOD Developments. “Peter Clewes certainly rose to the occasion with his sophisticated massing of the podium and tower, his use of upgraded materials like porcelain panelling, curtain wall and stainless steel, and his integration of a dark colour palette for the façade and balconies. While most of the surrounding newer buildings are primarily glass with white balconies, 55C will be unique in its dark tones and solid materiality.”
55C Bloor Yorkville Residences is projecting completion by Fall 2023. For those interested in tuning in, the groundbreaking will be live-streamed on MOD Development’s social channels. High-res images of the project, as well as photography from the groundbreaking will be available upon request.
About MOD Developments
Founded in 2009, MOD Developments is one of Toronto’s preeminent development firms committed to paying homage to our city’s rich cultural and architectural heritage, while building sophisticated residences of the future. Purveyors of design excellence, MOD specializes in high-density development with a focus on heritage preservation, sustainable construction practices and city-building. MOD has won several industry awards (including multiple BILD Project of the Year wins) and currently has multiple high-rise projects in Toronto collectively representing over 2,800 homes. For more information, please visit https://www.moddevelopments.com/ or follow MOD Developments on Facebook and Instagram.
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