ERA Architects

ERA to Revitalize Historic Yonge Street Landmark

The former Canadian Bank of Commerce building at 197 Yonge Street, since abandoned for 25 years, is set to become the focus of a major redevelopment effort led by MOD Developments in collaboration with ERA. Redevelopment will see the restoration and integration of the existing stone edifice at the foot of a new mixed-use tower designed by Hariri Pontarini Architects.

The illustrious stone frontispiece, designed in 1905 by Darling and Pearson, stands as a wonderful example of turn-of-the-century Beaux Arts classicism in Toronto. To this day (and in spite of its long derelict status) the building manages to turn the heads of city-dwellers and tourists alike. Over the coming months ERA will oversee the gradual transformation of this widely revered local landmark into a grand lobby space for the new residential development.

Though many of the interior spaces have been altered significantly over the years, there is still much inside to be celebrated — from the raised wood paneling and carved oak cornice lines in the front lobby, to the intricately detailed plaster ceilings in the office spaces; things are definitely looking up for this long neglected piece of the city.

See the press release from MOD Developments here.