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Ontario  + Apartments  | 

Collecdev Markee Tops Off Cielo Condos Project

Collecdev Markee has topped off its 34-storey Cielo Condos tower construction project in Toronto’s Annex neighbourhood.

The condominium project, located on Bloor Street West, is expected to deliver 349 residences while supporting hundreds of construction jobs and adding new community and institutional space, said Collecdev Markee. The tower is being developed by Collecdev Markee in partnership with Northam Realty Advisors, RBC and Shiplake Properties, and designed by KPMB Architects. The development combines new housing with heritage restoration and community space, said Collecdev Markee.

Located near the University of Toronto and the Bloor Street Cultural Corridor, the project includes restoration and integration of the historic Bloor Street United Church and George C. Pidgeon House into the building podium, creating new worship, office, community and gathering spaces for Bloor Street United Church and the United Church of Canada.

“Toronto needs more housing in complete communities close to transit, education and the services people rely on,” said Mayor Olivia Chow. “Cielo Condos is helping deliver new homes in the heart of the Annex while preserving an important piece of Toronto’s architectural and cultural history. By bringing together new homes, heritage restoration and renewed community space, this project reflects the kind of city-building that will help Toronto continue to grow as an inclusive, livable and connected city.”

A recent topping-off ceremony brought together project partners, consultants, construction trades and representatives from the United and Anglican churches of Canada to mark progress on the mixed-use development.

The project also includes a collaborative lease arrangement that will allow the churches to share national office space within the restored church building. The redesigned facilities will accommodate worship, archives, administration, community programming and shared meeting and video-conferencing spaces intended to support collaboration between the denominations.

“Cielo represents the kind of city-building Toronto needs right now,” said Jennifer Keesmaat, CEO of Collecdev Markee. “This project is delivering new homes, preserving important heritage assets, creating revitalized community space, and supporting skilled construction jobs. We are proud to continue investing in Toronto’s future, building complete communities that bring people together, and preserving and revitalizing an important piece of the city’s architectural and cultural history.”

Construction is continuing with project completion targeted for 2027..

Collecdev Markee is a Toronto-based real estate development and construction company focused on mixed-use, purpose-built rental, affordable housing and community-oriented projects, with an emphasis on sustainability, urban design and complete communities.

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Jennifer KeesmaatCollecdev-Markee

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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