Analysis: Expanded Retail at ‘The One’ Could be Valued at $1.2 Billion
According to a recent TD Securities Equity Research report, the retail component of Toronto’s One Bloor Street West could become valued at over $700 million. If developer Mizrahi Developments is successful in securing adjacent retail space, the project’s retail podium could become worth considerably more. If Mizrahi is successful, the combined nine-level retail space could become some of Canada’s most valuable commercial real estate.
One Bloor Street West, also known as ‘The One‘, will include nine levels of retail with 72 levels of residential above. Located at the southwest corner of Yonge Street and Bloor Street West, The One will feature five large retailers at its base, including an unnamed 30,000 square foot corner anchor. Each retail level will boast 22 foot ceilings and no columns, given the building’s exoskeleton construction… See the numbers and further analysis through our friends @Retail-Insider