Daily insights for city builders, delivered every morning at 6 AM ET. I’m Brandon Donnelly — a Toronto-based real estate developer and founder of Globizen. I’ve been writing here since 2013.
This morning I was on site at One Delisle with WZMH Architects (AOR) and Studio Gang (design architect). I aim to visit site at least once a week, but lately it’s been more than that. What’s exciting to see right now is that the geometry of the tower is starting to come through in the slab edges. (The architects also made sure to remind me today that they had to draw each and every one of these.) The above photos were taken from the level 2 retail terrace. We always imagined this space becoming an amazing restaurant overlooking Yonge Street — but we’ll see what happens.
Expect to see a lot more of these fun slab edges over the next few months.
Today we are pouring our massive level two transfer slab at One Delisle. Delisle Avenue has been temporarily closed and the first concrete truck arrived at 6 AM. We’re currently averaging about 100 m3 per hour. There’s also a bit of light rain in Toronto right now, so that should help keep the slab cool. We’re a few weeks later than we were initially targeting back in June, but a lot of coordination has gone into this one slab. Our level three slab is also somewhat unique because of the double-height pool space and the gym; but following that, we’re on to our “typical” floors. And by “typical”, I mean as typical as one gets on a project like One Delisle.
As some of you may have gleaned from this recent RENX article, I have moved on from my development position at Slate Asset Management to focus exclusively on Globizen. After 8 very productive and exciting years at the company, it was time.
I joined Slate in 2016 to help start the development group. Here is the post that I wrote back then. And it all came about because of a coffee meeting at Starbucks at the corner of Yonge & King.
At the time, Lucas Manuel was looking to hire someone, and so our mutual friend, Kieran Boyd, connected us with the expectation that I would make some industry introductions. But at the end of our meeting, Lucas was quick to say, “actually, I think you should come join Slate.”
And obviously, that’s what I did.
Fast forward to today, and Slate has grown into a global investment and asset management company with $13 billion of assets under management across Canada, the US, and Europe. And within this platform is a supremely talented development group with an awesome portfolio of sites and projects.
Thankfully though, this is not a goodbye. Myself and the Globizen team will still be working very closely with Slate on a handful of development projects, including One Delisle and Corktown. And the intent is that we will continue to work on new projects together in the future.
I learned a lot during my time at Slate, and I have so much respect for Blair and Brady Welch and the rest of the partners. They have built an incredible global company and assembled some of the most creative, entrepreneurial, and smartest people I have ever worked with.
Thank you for everything over the last 8 years.
So what’s the plan for Globizen? This will be the topic of a follow-up post.
Sometime next month we’re going to be pouring a large concrete transfer slab at the second floor of One Delisle. Its function is to take the loads coming down from the entire tower above it and “transfer” them onto new structural elements, before being brought down to our mat foundation at the bottom of the parking garage.
Put differently — and, as always, I should warn you that I’m not a structural engineer — a transfer is used whenever you have a change in your structural grid and the loads don’t have a straight path down to your foundations. Because whenever this happens, you’re now introducing moment forces and those need to be dealt with structurally.
Transfer slabs are relatively common here in Toronto (which isn’t the case in every market), but they are expensive and they consume a lot of depth. In the case of One Delisle, our level two transfer slab is 1.8 meters deep and it’s going to contain about 1,200 m3 of concrete. (Some of you might also recall that One Delisle’s mat foundation is over 4m deep.)
We were reviewing this with the team today and we think that we’ll be able to pour about 100 m3 of concrete per hour. That means that this slab will take about 12 hours to pour! This requires a lot of coordination. Neighbors need to be notified, pumps need to be on standby in case of a breakdown, and so on.
Another major consideration is heat. When concrete cures it generates a lot of it. And with a thick slab like this one, I am told that we run the risk of the middle starting to overheat (especially with the hot weather that we’ve been having lately). The guideline limit is 60 degrees Celsius, so we’ll be monitoring it for probably about 1-2 weeks following the pour.
I find these details fascinating. Maybe some of you do too. So once it’s poured, I’ll share a few photos.
Today, Rad Marketing and Blackline hosted their second annual “Ballin’ Out For Charity” basketball tournament. And it was a fantastic event. My sore lower back proves it. It’s always fun getting so many Toronto real estate people into one room (or onto a giant court at the University of Toronto). But more important is the fact that it was for a good cause. This year’s tournament raised money for the MLSE Foundation (which you can learn more about here). And last year’s tournament raised over $70,000 for the Daily Bread Food Bank.
I’m looking forward to this becoming an industry staple. Everyone involved in the organizing of this event should be very proud of what they accomplished. Great job.
The winners of this year’s Architizer A+ Awards are out.
Now in its 11th year, the A+ Awards are intended to “honor the world’s best architecture and spaces.” And supposedly, it is also the world’s largest (119 categories) and most democratic architectural awards program. I don’t know, I read that here.
I went through the list of winners this evening (okay, I skimmed this Urban Toronto article), and I’m now excited to report that 13 Canadian projects/firms won an award — either a Jury Award, a Popular Choice Award, or a Special Mention.
I’m also excited to announce that one of the winners is our One Delisle project. It is the Jury Winner for best unbuilt multi-unit housing project (over 10 floors). Awesome!
If you’d like to see the full list of winners, click here.
Today is a travel day, so I don’t have a whole lot to say. But BlogTO did just publish a story about our Junction placemaking sign: “This intersection is set to become Toronto’s next best photo-op.” I am also happy to report that the sign’s timer has now been installed, which means that, starting today, it will get illuminated each night from sunset to 11PM. (We’re required to shut it off at this time because, you know.)
So far the response has been overwhelmingly positive. And I truly hope that this installation will become a symbol for the Junction neighborhood. This was our sole purpose for pursuing it. It would also be ironic if something that was so difficult to get approval for ends up being loved by city. Perhaps it’s a lesson that stubbornness can be a good thing when you believe in something.
Today was the official launch of Corktown Condos. (In case you missed it, I wrote about Corktown last month, over here.) So what does this actually mean? What it means is that we got a small group of 500+ agents and brokers together to tell them about the project. We talked about our love of Hamilton and provided an overview of the project’s amenities, suite pricing, deposit structures, and so on. Everyone who attended now also has access to our broker portal, where all of this information is stored.
However, no actual purchase agreements were signed today. That’s for later. The first signing event will take place on Saturday, May 27th starting at 12PM, at 30 St. Clair Avenue West, Suite 103, in Toronto. So if you’re interested in Corktown, I would encourage you to attend on this date. Feel free to also reach out to our sales team if you have any questions (sales@corktown.condos). The people you want to connect with are Shannon Glas, Daniella Commisso, and/or Hansen Chu. Hopefully I’ll see you there next weekend!
The most boring part of constructing a high-rise, like One Delisle, has got to be installing the shoring piles. Sure there are big rigs moving about on site but, for the most part, there’s almost no visible progress. That is, until you start excavating. Then you get to see said piles and you also end up with a big hole, which is something.
Thankfully shoring works are now complete at One Delisle and we have started on the big hole part (see above photo from our rooftop cam). The next major milestone will be our “bottoming out,” and that’s when the tower crane will go up and our massive raft slab foundation will get poured. Visible progress is certainly more fun.
Three quick and unrelated things for today’s post:
1.
A handful of years ago, before the pandemic, Bullpen Consulting, Slate Asset Management, and AD HOC STUDIO started a somewhat irregular basketball meetup for Toronto’s development industry called City Builder Ball. It, of course, fell off the rails during the pandemic, but as of this month we are officially back at it! We played over the weekend and I can’t tell you how much fun it was to run around a gym for an hour and play basketball very poorly — so much fun. The next meetup will be in January and if you’d like to join, drop Ben Myers of Bullpen an email to get on the mailing list. It is open to all.
2.
A few months ago I wrote about a passion project that I am working on with a friend, called Unlyst. The idea is to see if there is a way to leverage the “wisdom of crowds” to determine the current market value of housing. And the way it works is that we feature a home on the website, people (or the crowd) get 14 days to input what they think it’s worth, and then we come up with something we are calling an “unlysted value.” There’s a lot of evidence of this sort of thing working exceptionally well for other markets, so we’re very curious to see if it can work for housing. If you’re interested in contributing your home and/or just seeing how it works, check out unlyst.com.
3.
World Cup Finals. What a game! A huge congratulations to Argentina and, of course, Messi. I should, however, come clean and say that I know virtually nothing about football, I don’t know why the field is so big, and that my overall impression of the game used to be mostly consistent with this Simpsons’ take (albeit with more sensationalized flopping by men with faux hawks). But since Canada qualified this year, I felt it was my duty to watch — at least some bits and until we got eliminated. And since the finals are the finals, and since I have an open crush on France, I figured this would also be a good game to watch. Turns out I was right. And now, I am fairly certain that it has turned me into a true fan — or at the very least a “I could watch a finals game every 4 years” kind of fan. Who knew that soccer, I mean football, could be so thrilling?
