Tridel

Tridel picTridel is building a skyline-altering triangular-shaped condo development in Toronto.

By Kat Zeman

In the heart of Toronto’s downtown, a new 70-story condominium project is beginning to take shape.

Steps away from the city’s waterfront, the upcoming Ten York condo development will soar up from a very unique triangular-shaped wedge alongside Toronto’s major city artery. 

“It is wedged between a major highway and a triangle of roads … and it’s in the shape of a triangle,” says Vince Mirarchi, senior project manager.

The iconic skyline-altering addition to Toronto’s existing architectural marvels is the brainchild of Tridel, a major real estate developer based in Toronto. The $200 million project features high-end condos that will range in price from $350,000 to $4 million per unit. Though the project won’t be compete until 2018, roughly 97 percent of the condos have already sold, Mirarchi notes.

“You are living in the heart of the city within walking distance from the boardwalk to the lake and the entertainment district,” Mirarchi says. “Plus, the amenities are fantastic. You never have to leave your condo.”

The 700,000-square-foot building will have an impressive four-story glass lobby, high-speed elevators and six levels of underground parking. Roughly 1,500 square feet is designed for retail, though specifics have yet to be decided. The building will also feature party rooms, dining rooms, billiard rooms, a media and game room, yoga studio, spa, theater, gym, juice bar and an outdoor pool on the fifth floor. Tridel box

The penthouse units promise to deliver spectacular views of the city and waterfront, key-fob activated elevators, chef-inspired kitchens, high ceilings and plank-engineered wood flooring.

This development is also one of the first in the Toronto area to offer smart home solutions, a type of home control and automation technology, says Mirarchi. It will give the building’s residents remote control of their household even if they are not at home.

It will allow them to control their heating and air-conditioning units, unlock/lock doors, turn on/off lighting and open/close window blinds. In addition, it also acts like a security system and allows residents to contact the building’s concierge.

Aside from that, the building will have its own security system. One interesting feature is a license plate recognition program: When residents pull up to the building’s garage entrance, a camera will scan their license plate and open the doors. Guests can be pre-registered as well.

Bayside Condos

Tridel has more than 20 new condominium communities under development in the greater Toronto area. Another one of its major condo developments, located a short distance from Ten York, is Aqualina at Bayside. This upcoming seven-building condo community represents the single largest revitalization endeavor along Toronto’s inner harbor.

Featuring a diversity of designs by internationally acclaimed architectural firms, one being Arquitectonica of New York City, the buildings follow an architectural design with a series of prismatic blocks, stacked over and next to each other, facing the nearby waterfront. Windows and balconies will be oriented to maximize waterfront and city views.

Though construction on the first of the seven buildings won’t be complete until fall, units in the $700 million development are almost sold out. The buildings will be 12 or 13 stories high, and the development will also include two commercial towers. The units will be mid– to high-end ranging from $300,000 to $5 million per unit.

Keeping Tradition Alive

Tridel is one of Canada’s leading condo developers and builders with more than 80 years of homebuilding experience. The Tridel Group of Companies has produced more than 80,000 homes since its inception.

The company has come a long way since its founder, Jack DelZotto, built his first home in 1934. A true innovator, DelZotto was ahead of his time when he built the first apartment complex in 1961. It featured twin towers, landscaped grounds, a swimming pool and recreation center – the forerunner of today’s modern condominium complex.

He believed that a home should be more than the physical properties of bricks and mortar. He wanted to create living space that focused on community and made it easy for residents to connect with each other. What Tridel started doing more than five decades ago is now a standard concept in building condos.

Today, the company continues operating with those ideas in mind. Jack’s three sons, Angelo, Elvio and Leo, and their children continue carrying on the tradition that has earned Tridel industry-wide recognition.

 

Only the Best

Tridel has won a number of industry awards over the years for design, customer service, sales, marketing and construction excellence. This year, Tridel received seven BILD Awards from the Building Industry and Land Development Association.

BILD recognizes the achievements of developers, homebuilders, architects and designers, as well as sales and marketing professionals, in the Toronto area. Its wins included Home Builder of the Year, Green Builder of the Year, Best Sales Team and Best Customer Care.

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