New Building
In 2002, the North Toronto Collegiate Institute was one of the oldest buildings in the TDSB, and was in need of major repair. A planning process was undertaken to build a new school. Due to a lack of available capital funding at the school board, a decision was taken in 2003 to seek private investment to augment funding committed by the TDSB. Subsequently, Tridel, a large Canadian condominium development corporation, bought 0.7 acres of land from the TDSB for $23 million. Ground breaking occurred November 21, 2007, a year after the project had originally been slated for completion. During construction the school remained open to students because the new building was built on the location of the old sports field. The old building was later demolished.
Architectural aspects of the old building were preserved in the new building's courtyard. Tridel built two condominiums, 24 and 27 stories high. The new school was opened in September 2010, and the condominiums and the school's new field October 2011. The new building, which costs an estimated $52 million, features a roof garden, underground parking lot, and school-wide Wi-Fi.
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“There is something about the literary life that repels me, all this desperate building of castles on cobwebs, the long-drawn acrimonious struggle to make something important which we all know will be gone forever in a few years, the miasma of failure which is to me almost as offensive as the cheap gaudiness of popular success.”
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