Few companies have been as busy in the GTA in recent years as Pinnacle. From their massive Pinnacle Etobicoke development on the lakefront to multiphase projects in the entertainment district and throughout the west end they’re on a mission to stamp their vision onto the Toronto skyline.
And no project demonstrates the imagination and drive of this development juggernaut as well as Pinnacle Toronto East.
The Pinnacle Toronto East
Pinnacle Toronto East marks the company’s first foray into the potentially lucrative east end corridor.
When finished it will sit boldly atop a 3.5-acre site that was originally earmarked to become Harmony Village Sheppard more than a decade ago.
That project, like so many of its time, evaporated in a miasma of red ink during the global financial meltdown and never saw the light of day.
History
For a decade, the once-promising lot sat fallow, hosting little more than weeds and broken dreams.
A few years ago, Pinnacle swooped in and purchased the property. And with the recent submission of their site plan, we now have a clear idea exactly what the company plans to do with this piece of prime Scarborough real estate.
Plans
The former Harmony Village site is slated to host twin 30 story towers comprised mostly of one and two-bedroom units, a single 11 story tower that will primarily house larger 3 bedroom units and 16 townhouses.
The target demographic here is much broader than was envisioned for Harmony Village. Where the former project was aimed squarely at aging baby boomers, the new development seeks to attract a diverse clientele including retirees, young professionals and budding families.
Amenities will include everything from outdoor swimming pools and barbeque terraces to a sports lounge, yoga room, and an expansive play area for kids. The goal is to infuse the development with a neighborhood feel all its own.
People Behind The Construction
Taking lead design duties on the project is IBI Group, one of the world’s largest design conglomerates with well over 100 currently active projects on its drawing boards.
IBI has chosen to retain some of the massing of the now-defunct Harmony Village but has made a number of significant changes when compared with the design proposal of a decade ago.
Design and Structure
The new towers will be clad in red brick to better reflect materials prevalent throughout the area. Each 30 story tower will rise 100 meters from an O-shaped podium that surrounds a central courtyard.
In their marketing Pinnacle International is touting the lifestyle advantages of the location, and for good reason. The area is conveniently located near the Don Valley Parkway as well as highways 401 and 404. With their previous developments like One Yonge Condo, surely more people will continue to patronize this developer.
Within walking distance, there are multiple public parks, a number of public and private schools, three large bustling malls and a slew of popular restaurants.
Phase one of Pinnacle Toronto East, featuring a total of 629 units, is set to begin construction later this year with the first occupants slated to arrive in November of 2021.
At that time, the 11 story phase two is set to get underway. Followed in short order by the 16 townhouses. To learn more or to register, visit this page or call 416-925-6119.
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