Toronto issues building permits valued at $1.56 billion in February

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Ontario Construction News staff writer

The City of Toronto issued $1.56 billion in building permits in February. The city processed 2,633 permits, indicating a continued high level of construction activity across the municipality.

This activity spans various project types, from new residential developments to commercial renovations, contributing to the city’s evolving skyline and infrastructure.

The data reflects permits issued between Feb. 1 and Feb. 28, and includes a range of projects across residential, commercial, and industrial sectors. The city reported issuing permits valued at $1,126,928,871 in January.

The top five permits for February are:

$500,000,000 – 1001 Sheppard Ave. E.

Urban Toronto reports plans for two towers at Concord Park Place: Block 7, with  proposed 29 and  24-storey mixed-use condominium building designed by DIALOG for Concord Adex on the southwest corner of Sheppard Avenue East and Billes Heights, in Toronto’s Bayview Village. This permit appears to be for one of the structures, though its size is listed as 28 stories.

$200,000,000 – 2490-2504 Yonge St.

Turner Fleischer Architects designed this 15-storey mixed-use residential and commercial building for developers Madison Group and Westdale properties. It has been given the name The Capitol after a heritage theatre at the site, and for which the traditional marquee will be retained.

$125,000,000 – 200 Front St. W.

The permit for the work at Simcoe Place is described as “office interior alterations building additions/alterations” and references a “structure address for 230 Front St. W.”, a parking garage.

$86,876,500 – 571 Dundas St. W.

This permit relates to what Urban Toronto describes as Alexandra Park Revitalization – one of two mixed-use rental and market-rate condominium buildings designed by CS&P Architects and SvN for Tridel and Toronto Community Housing Corporation on the southeast corner of Dundas Street West and Denison Avenue in the Alexandra Park neighbourhood. The permit says the building is 16 stories; Urban Toronto reports plans were for 14 and 15 storey structures.

$65,000,000 – 2933 Sheppard Ave. E.

This 18-storey mixed-use rental building has been designed by Icke Brochu Architects for Times Group. It is the site of the cancelled Sail Condominiums.

See all the February building permit applications and permits issued.

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