In The News

September 1, 2009 – Article by: Kris Scheuer – One Bloor condo buyers getting deposits back
Condo buyers of the now defunct project at 1 Bloor St. East will be getting full refunds, says one real estate insider. Anna Cass of Royal LePage Your Community Realty told the Town Crier she received confirmation this week.
“The cheques just went in the mail,” said Cass, who purchased a unit herself and sold condos to numerous clients at the then-proposed 80-storey tower at Yonge and Bloor. “I spoke to the people who do the refunds.”

Here’s an article by Brodie Fenlon interviewing Garth Juriansz on the latest developments from the 1 Bloor site:
August 21, 2009 – Article by: Brodie Fenlon – ‘Mixed-use’ condo to replace 1 Bloor project
One of Toronto’s largest home builders will start fresh and develop a new mixed-use condominium at the site of the 1 Bloor luxury condo project after buying the property from its cash-strapped developer.
Great Gulf Homes confirmed Thursday it will take ownership of the site from Kazakhstan-based Bazis International Inc. in mid-September, writing a new chapter in a cautionary tale of marketing hype, frenzied sales and the crush of the global credit crisis.

Here’s an article by Josh Wingrove interviewing Garth Juriansz on the latest developments from the 1 Bloor site:
August 20, 2009 – Article by: Josh Wingrove – One Bloor condo project sold to mystery buyer
The developer who had been clinging to control of the once-lauded One Bloor Street East condo development announced last night that the project has been sold.
The One Bloor tower has been mired in a struggle after its developer, Bazis International Inc., defaulted on the loan it used to buy the land. The tower, planned for the southeast corner of Yonge and Bloor streets, had once been billed as Canada’s tallest residential structure, with about 80 storeys.


