Tridel and Hines Announce the Launch of New Green 363-Suite Condominium Project in Toronto
- Jun 06, 2013
Toronto—Tridel and Hines recently announced the launch of their new condominium development called Aqualina at Bayside Toronto. The project represents the first residential phase of a 13-acre mixed-use development called Bayside Toronto. Set to become the first neighborhood in downtown Toronto to feature two million square feet of residential, commercial and cultural spaces all on water frontage, Bayside is valued at over $1.1 billion.
Tridel President Leo DelZotto says: “Hines’ master-planned approach to the neighborhood—and the lifestyle amenities and opportunities they envision for the site—make this not only an incomparable condominium project for Tridel, but for the city.”
The 363-suite condominium project was designed by Arquitectonica architects and will spearhead Hines’ plan to develop Bayside Toronto into the premier neighborhood on Toronto’s downtown waterfront, as part of Waterfront Toronto’s mandate to revitalize the city’s lakefront areas.
“Hines was selected by Waterfront Toronto in 2010 to transform the site into a dynamic yet sustainable mixed-use development, and to make it Toronto’s foremost waterfront neighborhood. We see today’s announcement as a major step toward making Bayside Toronto a reality,” says Avi Tesciuba, Hines’ managing director in Canada.
Aqualina Bayside will feature 363 condominium suites, ranging in size from one- to three-bedroom residences designed for families. The sizes of the suites will vary from 560 square feet to 2,100 square feet.
Bernardo Fort-Brescia, Arquitectonica’s partner will lead the project to bring unique and innovative exterior design to the 13-story condominium building. Aqualina will be defined by a series of distinctive prismatic glass and steel cubes, featuring facades accented by angled fenestration and balcony designs intended to maximize views of the Toronto cityscape and lake.
Canadian-firm II BY IV Design Associates will design the condominium’s interior public spaces and amenity areas. The landscape design will be led by West 8 & DTAH, the latter also leading the design for the revitalization of Queens Quay. Aqualina at Bayside will pursue LEED Platinum designation and will be part of the first LEED-ND Gold neighborhood in Toronto.
Tridel was chosen as the exclusive residential partner by master developer Hines, due to its already established reputation as one of the leading environmentally sensitive, green residential developer in Canada. Hines is also a firm supporter of the green developments, having developed over 102 million square feet of LEED Certified, pre-certified and registered properties in six countries.