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Construction has progressed above grade at One Thirty Eight<\/a>, where work is now focused on the formation of the podium levels for the luxury condominium and retail complex rising in Toronto\u2019s Yorkville neighbourhood. UrbanToronto last provided an update in July, 2023<\/a>, when construction activity was just getting underway. Designed by BBB Architects<\/a> for Cityzen Group<\/a>, Greybrook Realty Partners<\/a>, and First Capital<\/a>, the development is rising at the northeast corner of Avenue Road and Yorkville Avenue.<\/p>\n From Yorkville Avenue in February, 2026, we see ground-level activity following One Thirty Eight\u2019s emergence at grade in late 2025, with the crane installed in December, 2024. Concrete columns and shear walls rise from the ground-floor slab, with adjacent column and wall formwork systems. In the foreground, crew members gather near a skid-steer loader.<\/p>\n From Avenue Road in March, 2026, the crane is positioned toward the north end of the parcel as forming activity expands. A growing network of formwork and concrete defines the ground floor. Around the crane base, columns and walls are being formed, with plenty of rebar protruding from the concrete, ready for the columns and walls to be extended another level.\u00a0<\/p>\n Seen below, the crane hoists a concrete bucket to support ongoing forming. In the foreground and to the right is an assembly of formwork panels and bracing systems. At the centre of the site, crews are working at grade amid staged materials and equipment. To the left of the crane, suspended decking and formwork for the second-floor slab are now in place.<\/p>\n Looking toward the southeast corner of the site, extensive scaffolding systems support the forming of the second- and third-floor slabs. The slab edges begin to project outward in select areas, hinting at the building\u2019s sculpted massing, where tiered floorplates and curved corners will define the tower above. Formwork and perimeter edge protection trace these early cantilevers.<\/p>\n This month, from across Avenue Road, forming activity now spans much of the site, with an extensive grid supporting the second-floor slab as decking panels are largely in place. Hoarding lines both street frontages, with temporary fencing for the second floor. The tower will be oriented closer to the cardinal directions than Toronto’s street grid is, and therefore will rise at a pronounced angle to the streets below, creating a wedge-shaped POPS (Privately-Owned Publicly-accessible Space) forecourt along Yorkville Avenue. At the southwest corner, a retail pavilion will be the exception, hugging both Yorkville Avenue and Avenue Road, and featuring a distinct \u201cjewel box\u201d exterior to set its interior luxury offerings apart.\u00a0<\/p>\n From across Yorkville Avenue, an expanse of shoring posts and scaffolding supports the forming of the third-floor slab, with decking panels now extending across much of the site and projecting toward the street. Below, hoarding and covered pedestrian protection structures line the frontage. The scale of the emerging seven-storey podium is becoming clearer where future terraces will step back to open views and light into the planned York Square POPS along Yorkville Avenue.<\/p>\n Once complete, the building will rise to 144.05m and contain a total of 70 condominium units.<\/p>\n UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you’d like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.<\/p>\n * * *<\/p>\n UrbanToronto’s research and data service,\u00a0UTPro<\/a>, provides comprehensive data on construction projects in the Greater Golden Horseshoe\u2014from proposal through to completion. Other services include\u00a0Instant Reports<\/a>, downloadable snapshots based on location, and a daily subscription newsletter,\u00a0New Development Insider<\/a>, that tracks projects from initial application.\u200b<\/p>\n