NEIGHBOURHOOD REPORTS

Downtown Toronto

Toronto is the central business district. It is approximately bounded by Bloor Street (including areas slightly north of Bloor around Yonge Street) to the north, Lake Ontario to the south, the Don River to the east, and Bathurst Street to the west. The district contains the headquarters of many Canadian companies as well as a large residential population. In recent years the area has seen the construction of numerous large high-rise condominiums, as well as the development and re-development of landmarks such as Dundas Square, the Art Gallery of Ontario and the Royal Ontario Museum.

In the 1970s, Toronto experienced major economic growth and surpassed Montreal to become the largest city in Canada. Many international and domestic businesses relocated to Toronto and created massive new skyscrapers in . All of the Big Six banks constructed skyscrapers beginning in the late 1960s up until the early 1990s.

Today Toronto contains dozens of notable skyscrapers. The area's First Canadian Place is the tallest building in Canada at height of 298 meters (978 feet). Once the tallest free-standing structure in the world, the CN Tower, is the tallest landmark in Toronto, standing at 553.33 meters (1,815 ft., 5 inches). Other notable buildings include Scotia Plaza, TD Centre, Commerce Court, the Royal Bank Plaza, The Bay's flagship store, and the Fairmont Royal York Hotel.


Present

Past
New condominium projects have recently been built or are underway on Richmond, Queen and Wellington streets and in the King-Spadina area. Many of these projects are midrise loft-style buildings. The glitzier high-rise buildings feature sleek designs with brick, glass and metal facades. By far the largest development in the area is taking place on the former railway lands next to the Rogers Centre. This new community is called CityPlace. Over the next several years 21 condominium buildings will stand on the area bounded by Rogers Centre to the east, Bathurst Street to the west, Front Street to the north, and Lake Shore Boulevard to the south. When complete, CityPlace - a technologically advanced fiber optic community - will consist of approximately 7,000 condominium units that will bring around 12,000 new residents to this neighbourhood. Heritage home fans should check out the Second Empire and Victorian-style houses on Draper Street and the Clarence Terrace townhomes on Clarence Square.

Information from Wikipedia.org