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Ground-breaking ushers in construction of 88 Scott Concert comes to Financial District & St. Lawrence area and made its mark in the centre of Toronto’s bustling Financial District and St. Lawrence neighbourhood. On Mar. 27, Concert Properties representatives; Councillor Pam McConnell; Toronto Chief Planner, Jennifer Keesmaat; and senior City of Toronto officials were on hand to witness the commencement of the drilling of a sixstorey caisson hole into the site at the corner of Scott and Wellington streets. Those in attendance became a part of the history of 88 Scott by witnessing a 70-ft. steel shoring pile (I-Beam) that will be hoisted into the caisson hole, officially launching construction for the mixed-use condominium tower. “We are very proud to be a part of this monumental development in the heart of where Toronto’s Financial District and culture intersect,” said Brian McCauley, president and COO for Concert Properties, to those in attendance. “88 Scott is the single largest project Concert has undertaken in our 25-year history.” The $262-million project will be a precedent-setting, five-storey podium with retail, office and a public art atrium that merges with a soaring 58-storey residential condo tower offering striking city, skyline and lake-front views. The project is currently 86 per cent sold. 88 Scott has officially broken ground
The collection of well-appointed amenities at 88 Scott provides residents with the sense of a “vertical neighbourhood” “Concert worked closely with the community and city to create a design that respects the neighbourhood and exemplifies great urban design,” according to McCauley. “In doing so, we will honour the heritage of the original 1951 character building by preserving and reintegrating the limestone and granite into the new façade of the five-storey podium.” The space will house boutique office space, retail store fronts with outdoor patios, a publicly accessible atrium with public art and the grand residential entrance. Designed by Page & Steele/IBI Group Architects, 88 Scott features 525 suites including studios to spacious 100 new Condo Guide april 12 - 26, 2014
Pictured from left to right: Brian McCauley, president and COO,
Concert Properties; Councillor Pam McConnell; David Podmore, chairman and CEO, Concert Properties. Photo credit: Sam Santos/ George Pimentel Photography
three-bedroom units that range in size from 555 to more than 4,500 sq. ft. The collection of well-appointed amenities at 88 Scott provides residents with the sense of a “vertical neighbourhood.” The two-storey Sky Lounge on the 46th and 47th floor offers a fireplace lounge, bar and private dining room overlooking the dramatic city skyline through floor-to-ceiling windows. The Core Club offers a fully equipped fitness studio, seamlessedge indoor pool, kitchen and bar, and an expansive outdoor terrace with green spaces, barbecues, alfresco dining and an outdoor fireplace. The energy-efficient and sustainable building is designed to attain LEED Gold Certification and the highest tier of the Toronto Green Standard. 88 Scott is the most recent addition to an impressive portfolio of homes built by Concert, which is also the developer of The Berczy − the highly successful boutique condominium located across the street from the Flatiron Building. Committed to excellence in architecture, design and construction, Concert has developed over 9,500 condominium and rental homes for the people of Ontario and British Columbia. For more information, visit 88scott.com and concertproperties.com.