Cresford Development is starting to make some real waves in the Toronto pre-construction.

First, they purchase and apply for a 58 storey condominium at 42 Charles, which has become one of the most talked about potential developments in Toronto. Now, they have another prime site on the go!

990 Bay St (currently a bistro restaurant named Bistro 990), and 1000 Bay St. (currently a parking lot), have been purchased by Cresford, with an eye to develop the site.

Cresford has already submitted an application to rezone the area. The application calls for a mixed use 32 storey condominium with ground floor retail, 355 residential units and 4 levels of below ground parking.

It will be interesting to see how Cresford markets the property, located a few blocks south of Yonge and Bloor. With a superb collection and winning combination of price, location and design, that includes, Five Condos at St. Joseph, Eleven Residences, The Nicholas Residences and Chaz on Charles, the new location will definitely attract attention.

What do you want Cresford to build at 990 Bay St? Who should be part of the design team?

Comment Below