Toronto skyscraper lands on global top 10 list of 2024’s most exciting projects

A Toronto skyscraper under construction has garnered international attention by being listed among the top 10 most exciting construction projects pegged for completion in 2024.

The list, compiled by B1M, placed Yorkville condo The One, at Yonge and Bloor, in seventh place—the sole condominium project in North America to make the top 10 list.

Once complete, the 91-storey “super-tall” skyscraper designed by Foster + Partners,  is expected to reach 328 metres in height, making it the tallest building in Canada, offering everything from apartments to a commercial space and even a hotel.

B1M focused on the tower’s extreme height for its location, which has resulted in several engineering challenges, most notably with taming the wind. To get around this issue, the building is being created with wind-damping design features, specifically cutaways in its mechanical floors to disrupt the flow of wind and stabilize the building.

The report also notes that Toronto is seeing a skyscraper boom that will soon overtake Chicago as the urban area with the second most skyscrapers in North America.

The One’s listing may be a symbol of Toronto’s contribution to global architectural trends, but its construction has had its challenges.

The tower began construction in 2017 and was supposed to be completed by the end of 2022. In October of 2023, The One went into receivership as a response to a series of economic challenges, including the impacts of the COVID-19 pandemic, supply chain disruptions, and work stoppages—factors that have reportedly led to significant cost overruns and extended construction timelines.

To date, construction has stalled at around 40 storeys, and the opening date is now projected to be anywhere between 2025 and 2028.

As for the rest of the list—constructions from Paris, France took the top three spots, with “The Olympic Venues” topping the list, featuring sustainable and innovative venues for the Paris 2024 Olympic Games. The Seine Clean-Up came in second place and Notre Dame Restoration took third. Other notable mentions include the Kaohsiung Station – Kaohsiung, Taiwan (no. 4), International Land-Sea Center – Chongqing, China (no. 5), Sydney Metro Expansion – Sydney, Australia (no. 6), Four Frankfurt – Frankfurt, Germany (no. 8), Oxley Towers – Kuala Lumpur, Malaysia (no. 9), Santiago Bernabéu Stadium – Madrid, Spain (no. 10).