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One Yonge Street

Office and condo development From Wikipedia, the free encyclopedia

One Yonge Streetmap
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One Yonge Street (previously known as the Toronto Star Building) is a 25-storey office building in Toronto, Ontario, Canada. The building served as the headquarters of Torstar and its flagship newspaper, the Toronto Star, from 1971 to 2022.[1][2] It is 101 metres (331 feet) tall and built in the Modernist architectural style.[3] The building is located at the corner of Yonge Street and Queens Quay. [1]

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The building also housed the printing presses for the Toronto Star's print edition until 1992,[4] when a new press centre was opened in Vaughan, Ontario.[5] The finished newspaper content is sent electronically to the plant where the plates are burnt and the paper is printed and distributed.[5]

The office space at One Yonge Street is leased out to a variety of other companies, including Pinnacle International, the Liquor Control Board of Ontario, Ontario Cannabis Retail Corporation, RL Solutions, Starbucks, Luminus Financial, a dental office, and the downtown Toronto campus of Collège Boréal.[6]

Torstar sold the building and its surrounding property to a private holding company in 2000 for $40 million, but the newspaper continued to occupy several floors of the building on a long-term lease.[7] In December 2021, the Toronto Star announced that it would vacate the building and move its offices to The Well, an office complex that hosts other companies, in 2022.[8] The move was completed in November 2022.[2]

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Redevelopment

The parking lot and podium associated with this building are part of a high-profile development known as Pinnacle One Yonge by developer Pinnacle International and designed by Hariri Pontarini Architects.[9] The project includes five skyscrapers on two parcels of land bisected by an eastern extension of Harbour Street. The tallest tower would reach 106 storeys for a total height of 352 metres, making it the tallest in Canada.[10] The three residential towers would total 2,962 condo units, and the two commercial towers would provide 154,000 sq.m of space.[11] In 2024, Pinnacle modified its plans for the former Toronto Star building as they applied for a demolition permit and plan to construct two additional buildings, each exceeding 90 stories in height.[12]

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See also

References

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