The controversial mixed-use tower development known as 'The One', located at the southwest corner of Bloor Street West and Yonge Street in Toronto, has been approved as discussed in the Toronto Star. This paves the way for an ambitious retail podium that will feature column-less 22 foot ceilings for multiple retailers, including a large multi-level retail space that some speculate could be the site of an Apple Store flagship.

The 1 Bloor Street West site was formerly home of iconic retailer Stollery's, which sold its building to Mizrahi Developments in the fall of 2014. Mizrahi also purchased several adjacent sites, paying in excess of $200 million for 30,600 square feet of prime real estate for a proposed redevelopment that would have included a 1,119 foot tall residential tower above a multi-level retail podium.