The L Tower is condominium development under construction in Toronto

Toronto

Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

, Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

. Designed by architect Daniel Libeskind

Daniel Libeskind

Daniel Libeskind, is an American architect, artist, and set designer of Polish-Jewish descent. Libeskind founded Studio Daniel Libeskind in 1989 with his wife, Nina, and is its principal design architect...

, the structure will be located adjacent to the heritage-designated Sony Centre for the Performing Arts, itself a modernist

Modern architecture

Modern architecture is generally characterized by simplification of form and creation of ornament from the structure and theme of the building. It is a term applied to an overarching movement, with its exact definition and scope varying widely...

 icon of the city at the corner of Yonge

Yonge Street

Yonge Street is a major arterial route connecting the shores of Lake Ontario in Toronto to Lake Simcoe, a gateway to the Upper Great Lakes. It was formerly listed in the Guinness Book of Records as the longest street in the world at , and the construction of Yonge Street is designated an "Event of...

 and Front Streets

Front Street (Toronto)

Front Street is an east-west road in downtown Toronto, Ontario, Canada. The street marks the rough outline of the shoreline of Lake Ontario as it existed during the original English settlement of York, then called Palace Street...

. It will not be built atop the existing building, as has been mistakenly thought. The project, which broke ground

Groundbreaking

Groundbreaking, also known as cutting, sod-cutting, turning the first sod or a sod-turning ceremony, is a traditional ceremony in many cultures that celebrates the first day of construction for a building or other project. Such ceremonies are often attended by dignitaries such as politicians and...

in mid October 2009, is expected to be complete in late 2012 - early 2013.