In September of 2016, Canadian real estate developer Sam Mizrahi launched the first phase of his project called 128 Hazelton. The project is currently half sold out, with the remaining half being on hold until construction can commence. Condos are priced from C$1.14 million to C$11.5 million. Plans call for an 80-story residential skyscraper known as “The One.” The developer paid over $300 million to acquire the land for the project, and the overall cost of the development will be more than $1 billion.
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The building will feature a replica of the 11-meter-high Torah ark. The developer paid $300 million for the land for the project, and the building is expected to go up in the coming years. He spent several months in London to design the building, and is expected to break ground this fall. However, he hasn’t yet given a price tag.
It will be over 300 meters tall and will be located at the Yonge and Bloor intersection. It will be the tallest building in Canada, although the CN Tower will remain the tallest. A Canadian real estate developer like Sam Mizrahi may be the answer to your real estate needs.