Lanterra Developments luxury residences at 50 Scollard

By NextHome Staff
March 14, 2019

Renowned for its vision of building iconic urban condominiums, Lanterra Developments, led by Chairman Mark Mandelbaum and President and CEO Barry Fenton, announced that sales for the ultra-luxury residences at 50 Scollard have commenced.

The building, located in the heart of Bloor-Yorkville, will be unlike anything the Toronto market has seen. Designed by Foster + Partners and led by Pritzker Prize-winning architect Norman Foster, it will have extraordinary interiors by Contract Magazine’s Designer of the Year, Alessandro Munge of Studio Munge, and innovative outdoor spaces from Boston’s premier landscape architects, Stoss Landscape Urbanism. Lanterra has also teamed up with Portland Holdings Inc., controlled by Michael Lee-Chin, and its affiliates and friends to co-invest in this project.

50 Scollard will be a 41-storey tower comprised of just 64 units, averaging 2,500 to 3,000 sq.ft, with almost all residences featuring elevators that open directly into the unit, and most floors reserved for one to two units maximum. Raising the bar for opulent living, five-star amenities provided by Forest Hill Group will include: A chauffeured house car service for resident use, a car wash facility, a pet spa, valet parking, and an exclusively stocked wine lounge, amongst many other special and unique offerings.

“Over the past 20 years, Lanterra has distinguished itself in the development of some of the most noteworthy condominium residences in Toronto, however no building captures the imagination quite like 50 Scollard,” says Mandelbaum.

“We are extraordinarily proud to present this project – one that will change the standard of what luxury condominium living means in Toronto.”

“We are privileged to bring 50 Scollard to market,” says Fenton.

“Our expertise has been to create developments that meet the needs of its residents, fostering communities and a sense of pride for those who live within our buildings. With this project, we are thrilled to be able to offer something so completely unique and luxurious that has yet to be offered on this scale in the Toronto market.”

Seeking to create a timeless addition to the Toronto skyline, Nigel Dancey, head of studio at Foster + Partners, led the design team, who sculpted the massing of 50 Scollard to minimize the shadow falling on the adjacent park and schoolyard, while maintaining a purity of geometry and structural expression. Its materiality responds to the historic character of the surrounding borough. By taking an innovative approach to integrating the existing heritage building on site, whose relocation enabled the creation of a new public plaza at the corner of Bay and Scollard Street, the entire scheme has been knitted together with the rich, urban fabric of Yorkville.

“Our goal was to create a building the embodied of a sense of timelessness,” says Dancey.

“50 Scollard resonates with the historic character of the district, while being very much ‘of its own time’. The tower is therefore distinctive, but not distinct from its surroundings, setting new standards for future developments.”

The residential units have been designed with the human experience at heart. The design of the façade enables cross-ventilation and capitalizes on stunning views throughout. Units will feature full height operable windows and Juliet balconies, providing for modern indoor-outdoor space with four-season functionality.

In the heart of sophisticated Yorkville, design had to be more than a collection of expensive materials. After a thorough review of all units coming on the market, Studio Munge hand-selected every detail to ensure a new standard of luxury for the Toronto high-end residential market, infusing interiors with exceptional European craftsmanship and sophistication.

Units will have vastly open floorplans, with impressive floor-to-ceiling windows showcasing unobstructed east-to-west views.

50 Scollard recently was awarded a gold placement from The Nationals 2019 Awards for Best Multifamily Community Build of the year in the High-Rise category.

For more information and to register for the project, please visit fiftyscollard.com and on social media @50scollard.

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