Sam Mizrahi

Sam Mizrahi (Persian: سام میزراهی or سام مزراحی‎) is a Canadian real estate developer who is active in Toronto.[1] Mizrahi is best known for being the developer of The One skyscraper at the intersection of Yonge and Bloor streets in Toronto.[2]

Sam Mizrahi
Born
Sam Mizrahi (Persian: سام میزراهی)

1971
Tehran, Iran
NationalityIranian, Canadian, Israeli
OccupationReal estate developer
Years active2007–present
Known forReal estate development in Toronto and Ottawa
Notable work
The One

Prior to entering the real estate development business, Mizrahi founded Dove Cleaners in 1992. The company filed for restructuring in 2007[3] and became a successful business with over 100 franchises in Greater Toronto.[4]

Mizrahi is currently the president of a number of corporations, including Mizrahi Developments, Mizrahi Inc.[5] and Mizrahi Enterprises Inc.[6] In 2015, he was named the 45th most influential person of Toronto by Toronto Life.[7]

Mizrahi started development of his first condominium project, a 9-story building known as 133 Hazelton Residences, in Toronto in 2011.[8] Three years later, in 2014, he made headlines when he purchased land at the southwest corner of Yonge Street and Bloor Street for development of what he called "The One", the tallest residential building in Canada.[9][10][11][12][13]

Early life and career

Mizrahi was born in Tehran in 1971 to Jewish parents, Shamoil[14][15] and Ziba Mizrahi.[16][17] His father was a business owner who owned and operated shops in the famous market of Tehran.[17] The family immigrated to Canada in 1977, two years before the Iranian Revolution, when Mizrahi was six years old.[18]

In 1992, Mizrahi formed a dry cleaning company known as Dove Cleaners.[19] DoveCorp, as it came to be known in 2004, operated both in retail dry cleaning and commercial linen cleaning.[3] Mizrahi listed the company on the TSX Venture Exchange in 2005 and ran it until 2007, when it filed for restructuring.[3][20][21]

Mizrahi Developments

Mizrahi is the founder and President of Mizrahi Developments, a real estate developer that has developed projects in Toronto that include 133 Hazelton, 181 Davenport, 128 Hazelton and Forest Hill Jewish Centre, and 1451 Wellington in Ottawa.

The One (Toronto)

Proposed as an 80-story residential skyscraper with multi-level retail at the base, "The One" will be the tallest condominium tower in Canada, according to Mizrahi.[22] Mizrahi paid over $300 million for the land acquisition alone.[23] The total cost for the project is reported to be $1 billion.[24]

Mizrahi hired the London-based Foster and Partners as the design architect, and Core Architects as the local architect.[25] He travelled to London to design the building using an exoskeleton structure. The building's design and height have gone through multiple revisions; most recently, the expensive exoskeleton structure was removed from the tower and limited to the podium of the building.[26]

Apple is expected to be the anchor tenant of The One.[27]

Personal life

Mizrahi is an active supporter of Israel and a member of the UJA, and has managed and participated in the annual Walk With Israel parade in Toronto.[28] He is also on the board of directors of the Friends of Simon Wiesenthal Center for Holocaust Studies.[29]

References
  1. "Mizrahi Developments". mizrahidevelopments.ca. Retrieved 2016-06-19.
  2. Pagliaro, Jennifer (September 12, 2016). "How Toronto's latest mega tower got the green light". The Star. Retrieved September 15, 2016.
  3. "Stock tanks as Toronto dry cleaner seeks court protection". www.cbc.ca. Retrieved 2016-06-19.
  4. "Toronto Dry Cleaners | Environmentally Friendly Cleaning | Dove Cleaners". dovecleaners.com. Retrieved 2016-06-23.
  5. "Ontario Home Builders' Association". ohba.ca. Retrieved 2016-06-23.
  6. "Federal Corporation Information - 235560-4".
  7. http://torontolife.com/real-estate/toronto-50-most-influential-2015-sam-mizrahi/
  8. "133 Hazelton | Urban Toronto". urbantoronto.ca. Retrieved 2016-06-19.
  9. "Mizrahi Developments buys Stollerys at Yonge and Bloor | Toronto Star". thestar.com. Retrieved 2016-06-19.
  10. "Sam Mizrahi - One Bloor Street West, the One-Billion Dollar Building". Dolce Vita luxury magazine. 2014-12-18. Retrieved 2016-06-19.
  11. "Mink Mile makeover takes Yonge and Bloor from low-rise to luxe". The Globe and Mail. Retrieved 2016-06-19.
  12. "Canada's Future Tallest Building Gets Even Taller". The Huffington Post. Retrieved 2016-06-19.
  13. "80-storey tower planned for Stollerys site at Yonge and Bloor | Toronto Star". thestar.com. Retrieved 2016-06-19.
  14. https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=2355604
  15. http://www.companiesofcanada.com/company/235560-4/s-mizrahi-enterprises-inc
  16. http://sunnybrook.ca/foundation/content/?page=donorspotlight&pg=2
  17. "Sam Mizrahi Toronto, Luxury Design Builder". 2011-09-16. Retrieved 2016-09-08.
  18. http://www.bloomberg.com/news/articles/2016-06-17/an-iranian-fugitive-toronto-property-mogul-and-a-deal-gone-awry
  19. "DoveCorp Enterprises Inc. Profile". www.sedar.com. Retrieved 2016-06-19.
  20. "DoveCorp files for court supervision | Toronto Star". thestar.com. Retrieved 2016-06-19.
  21. "DoveCorp Enterprises Inc. Obtains Court Order to Initiate Restructuring". Wired Market. July 12, 2007.
  22. "The One | Urban Toronto". urbantoronto.ca. Retrieved 2016-06-20.
  23. "Sam Mizrahi Reveals a Few Details for Bloor and Yonge Development | Urban Toronto". urbantoronto.ca. Retrieved 2016-06-20.
  24. "Sam Mizrahi - One Bloor Street West, the One-Billion Dollar Building". Dolce Vita luxury magazine. 2014-12-18. Retrieved 2016-06-20.
  25. "Mizrahi Shows Refined 'The One' at Design Review Panel | Urban Toronto". urbantoronto.ca. Retrieved 2016-06-20.
  26. "New Images of The One Revealed as Design Development Continues | Urban Toronto". urbantoronto.ca. Retrieved 2016-06-20.
  27. "Is Toronto getting a new Apple Store? A rumour rundown | Toronto Life". 2016-03-03. Retrieved 2016-06-23.
  28. https://jewishtoronto.com/news-media/for-the-chairs-of-this-years-walk-with-israel-its-a-family-affair
  29. http://www.friendsofsimonwiesenthalcenter.com/about_us.aspx
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