Why Kazakh tower makes sense for Bloor-Yonge

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Archiseek / Canada / News / 2007 / April 6

It would be hard to imagine a more unlikely scenario: A developer from of all places, Kazakhstan, shows up in of all places, Toronto, and decides to build of all things, an 80-storey condo/hotel at, of all locations, the corner of Yonge and Bloor. No, this is not a new Borat movie, it's just another day in the life of this city. And before you start with the jokes, two things: The developer, Bazis International, already has permission to start work on the building, and second, it has committed $450 million to the project. It will also contribute $2 million to rehabilitate Bloor St., straight from Kazakhstan to Toronto's most prestigious shopping district. Some may be laughing, but Councillor Kyle Rae (Toronto-Centre-Rosedale) isn't one of them. He couldn't be more excited. Speaking at a press conference called yesterday by Bazis, Rae couldn't contain his enthusiasm.

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