(Source: Business Wire)

The acquisition of Number One Bloor by Tuscany Ridge Developments Inc. — an affiliate of Toronto-based Great Gulf Group of Companies—becomes official today, paving the way for Toronto’s most prestigious address to soon boast a new landmark building.

“We are very excited that we are able to bring our expertise in developing iconic structures encompassing the highest standards of design to this superb location,” said Jerry Patava, President and CEO of Great Gulf.

At the heart of Bloor-Yorkville’s upscale shops, fine dining and entertainment district, Number One Bloor will be a mixed use project consisting of luxury condominium residences anchored by high-end retail uses at street level. Further details regarding this exciting development from one of the industry’s most trusted builders will be released this fall, as they become available.

Great Gulf Group is a fully integrated real estate organization with an established history of creating distinctive communities in the GTA and beyond. High-rise developments of note include 18 Yorkville, the “X” condos (Charles at Jarvis) and “Charlie” (King Street West at Spadina).

Read the full press release by Great Gulf, here (September 16, 2009).

Further Reading on this subject? Click ‘here‘.

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