Toronto developers kick off construction on Forma
A group of Toronto developers, including renowned architect Frank Gehry, has kicked off construction on a downtown condo building.
Developers Great Gulf Group, Dream and Westdale Properties were joined by Gehry to celebrate the official start of construction of Forma, the architect's homecoming project, on June 8. The official start of the work comes as the project achieved more than $1 billion in sales.
"We are thrilled to be standing on the future site of Forma to celebrate the official start of turning this exceptional vision into a reality," said Mitchell Cohen, Chief Operating Officer, Westdale Properties. "This project truly raises the bar for the future of urban living in Toronto. There are hundreds of people who have worked to get us here and I am proud to work with a powerhouse team that bolsters a visionary approach to architecture and interior design. After almost a decade of planning, the momentum for this project has only continued to grow, made evident by the incredible reception we have received to date."
Since launching in June 2022, Forma has been an outstanding success. In November, the project saw the sale of the highly desirable penthouse suite at Forma valued at over $20 million. The recent sales milestone reinforces the continued appetite for new construction luxury condominium residences in Toronto.
"This building is very close to my heart. Toronto is my hometown, and I wanted to do right by it. We wanted to make a building that paid homage to Toronto's rich past while also looking forward to its optimistic future. I hope that we have succeeded in making a sculpture on the skyline to reflect the light and essence of this city that I love," said Gehry.
Forma is defined by a shimmering façade and twisting shape. By offsetting the floorplates, the design ensures unparalleled views from every suite, giving residents the exclusive opportunity to experience Toronto from a myriad of angles. The exterior is designed to reflect the light and colour from the city.
Forma marks Gehry's first residential tower in Canada and his tallest building.
Alongside Gehry, internationally acclaimed interior designer Paolo Ferrari, founder of Studio Paolo Ferrari, was brought on to design the interiors.
Amenities include a Creator's Club with multi-functional workspaces, an adjoining Maker's Studio for hands-on activities, a Grand Suite with sweeping views of the cityscape, as well as a Health and Wellness Retreat, a spa, jacuzzi and dedicated spin room.