MOD Developments launched 55C Bloor Yorkville Residences exactly one year ago and is now starting construction on the 48-storey condo—one of the last buildings to rise on Charles Street in Bloor Yorkville.

“The pandemic was difficult for all Canadians and businesses in every industry and it was no different for us at MOD,” said Noorez Lalani, president of MOD Developments. However, I’m extremely proud of how our team came together and juggled both their family life, along with such a time-sensitive project to ensure we started building on schedule for our customers,”

“We are fortunate that the province declared construction an essential service and that the City was committed to processing applications and permits as best as they could. We’ve reached this milestone with help from a lot of sources, including a terrific consultant team.”

The modern point tower, designed by architectural firm architectsAlliance, will feature 551 units of studios, one-, two-, and three-bedroom suites. Cecconi Simone will design the interior finishes. Two floors are dedicated to amenity spaces, spanning 20,000 square feet between the eighth floor and rooftop. The indoor-outdoor entertaining space, known as the CLounge, is one of the highest amenity spaces in Toronto, with a sweeping 180-degree view of the skyline.

Developers put shovels to the ground on Wednesday, August 19.

“In early discussions, we spoke in sartorial terms of how a building could be like bespoke tailoring,” said Gary Switzer, CEO of MOD Developments. “Peter Clewes certainly rose to the occasion with his sophisticated massing of the podium and tower, his use of upgraded materials like porcelain panelling, curtain wall and stainless steel, and his integration of a dark colour palette for the façade and balconies. While most of the surrounding newer buildings are primarily glass with white balconies, 55C will be unique in its dark tones and solid materiality.”

55C Bloor Yorkville Residences is projecting completion by fall 2023.