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.
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