TORONTO — Canadian architectural firm Giannone Petricone Associates has unveiled plans to build a 79-story golden tower in Toronto. The skyscraper would be 266 meters in height.<br /><br />The building's exterior resembles a pleated curtain which reflects sunlight from different angles to create a sense of movement, according to Urban Toronto. The development would cover a gross floor area of roughly 121,965 square meters.<br /><br />It would include three levels of retail space at the bottom of the building, while the rest of the tower would be residential.<br /><br />The building's main lobby would include escalators to the tower's shopping areas, while elevators would be available for residents looking to return home or visit the building's sky lobby.<br /><br />Architects have also proposed a five-level underground garage and 500 bicycle parking spaces, reports Urban Toronto. Once completed, the building would be connected to Toronto's Bay subway station.<br /><br />According to Urban Toronto, if the building was completed today, it would be the fifth tallest building in the city.<br /><br />Toronto is expected to surpass Chicago as home to the second highest number of skyscrapers in North America, Bloomberg reports , citing data from the Council on Tall Buildings and Urban Habitat. <br /><br />The city is currently home to 67 skyscrapers. Toronto currently has 31 skyscrapers under construction and has proposed an additional 59 towers.<br /><br />Chicago now has 126 skyscrapers and 19 other skyscrapers that are either under construction or have been proposed.
