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One Bloor West tower rising above Yonge and Bloor, Toronto

One Bloor West Toronto · History

One Bloor West History

From The One to Canada's first supertall — a decade at Toronto's busiest corner.

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In Brief

The story of One Bloor West

One Bloor West, originally launched as The One, took more than a decade to rise at 1 Bloor Street West in Toronto — through demolition, approvals, a height debate, receivership and a change of builder.

Today the tower is topped off at 85 storeys and about 308.6 metres, making it Canada's first supertall. Tridel is completing construction and preparing a 2026 sales relaunch, with completion estimated in early 2028.

Key facts
Original nameThe One
Original developerMizrahi Developments
Land acquired2014
GroundbreakingAug 23, 2017
ReceivershipOct 2023
Builder todayTridel (since May 2025)
Topped off2025
CompletionEarly 2028 (est.)

Timeline

One Bloor West Toronto timeline

Key dates in the project's history, from land assembly to the Tridel relaunch.

YearMilestone
2014Mizrahi acquires the Yonge & Bloor site, including the former Stollerys store.
2015Stollerys building demolished; the tower design by Foster + Partners is unveiled.
2016City of Toronto approves the development.
2017Ontario Municipal Board approval in April; groundbreaking on August 23.
2019Andaz (Hyatt) announced as hotel operator; mega caissons completed.
2021–23Height increase proposed; city approves 91 storeys in 2023.
Oct 2023Project placed into receivership by its lenders.
May 2025Tridel appointed; tower renamed One Bloor West.
2025Final floor completed at 85 storeys; Canada's first supertall.
2026Earlier presales cancelled with deposits refunded; sales relaunch.
2028Estimated completion.

What Changed

What changed under Tridel

Tridel's takeover reset the project around a clearer, buyer-focused plan.

  • Renamed from The One to One Bloor West
  • Height kept at 85 storeys (308.6 m)
  • Suite count revised to about 411
  • More larger, multi-bedroom homes
  • New luxury hotel operator being selected
  • Fresh sales relaunch in 2026

FAQ

One Bloor West history FAQ

Why was One Bloor West called The One?

The One was the original marketing name used by developer Mizrahi Developments from the mid-2010s. Tridel renamed the tower One Bloor West after taking over in 2025.

When did construction on One Bloor West start?

The project broke ground on August 23, 2017, after City of Toronto approval in 2016 and Ontario Municipal Board approval in April 2017.

Why did One Bloor West go into receivership?

Lenders placed the project into receivership in October 2023 after cost overruns and delays. The court-supervised process later selected Tridel to complete the tower.

How tall was One Bloor West supposed to be?

The tower was approved at 85 storeys. A plan to raise it to 94 storeys was proposed in 2021 and the city approved 91 storeys in 2023, but Tridel is completing it at the original 85 storeys and about 308.6 metres.

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