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  #10441  
Old Posted Feb 10, 2019, 6:45 PM
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Quote:
Originally Posted by koops65 View Post
Speaking of Yonge becoming mixed use residential here is YSL and the future Yonge canyon from Yonge/Dundas:

[IMG][/IMG]

Tilt/Shift aerial:

[IMG][/IMG]
Potentially one of the best skyscraper canyons in the country once all is said and done.

270 meters/299 meters / 200 meters / 238 meters all in really tight formation.
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  #10442  
Old Posted Feb 10, 2019, 6:52 PM
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^272m, 299m, 276m, 239m, 259m, 251m.
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  #10443  
Old Posted Feb 10, 2019, 6:57 PM
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D/p
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  #10444  
Old Posted Feb 10, 2019, 6:59 PM
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2006 is calling and it wants its design back. 415 Yonge needs to go back to the drawing board. It looks so awkward and contrived.
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  #10445  
Old Posted Feb 10, 2019, 8:16 PM
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Quote:
Originally Posted by uzi View Post
^272m, 299m, 276m, 239m, 259m, 251m.
wow!


I haven't been keeping up with my numbers. Thanks Homie!!🔥🔥
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  #10446  
Old Posted Feb 10, 2019, 8:38 PM
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Originally Posted by yaletown_fella View Post
415 Yonge needs to go back to the drawing board. It looks so awkward and contrived.
it was basically rejected by the city and has asked for a redesign. this will be approved at 200-230m not more than that.
U R Welcome Cal.

"The proposed development in its current form is not consistent with the Provincial Policy Statement (2014) and does not conform to the Growth Plan for the Greater Golden Horseshoe (2017), and does not conform to the City's Official Plan and Zoning By-law. In particular, the proposed built form does not have appropriate regard to the development policies, standards and guidelines established by the City to ensure that a proposal fits within its existing and planned built form context which require that development provide for an appropriate transition to adjacent neighbourhoods, between adjacent sites and minimize impacts on park resources. Additionally, the proposal provides for inadequate parking and outdoor amenity space."
https://www.toronto.ca/legdocs/mmis/...ile-124259.pdf
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  #10447  
Old Posted Feb 10, 2019, 9:57 PM
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Originally Posted by GeneralLeeTPHLS View Post
I prefer Chelsea to be left alone, the hotel industry in Toronto's really not doing well with redevelopment plans like this...or the numerous other ones throughout the city. Just renovate the Chelsea IMO....it could use some repairs.
I've said this all along. It's just wasteful to tear down a million square feet. It needs a major renovation and it's really too big for just one brand. I don't think it's absurd to gut it to its structure and break it up into 3 or 4 brands under one chain with condos taking up the top floors. Throw in a modest vertical addition with 9 foot ceilings too.

I'd be utterly amazed if the ownership proceeds with redevelop. They have been proposing major renos for as long as they have owned it and done nothing.
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  #10448  
Old Posted Feb 10, 2019, 10:17 PM
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Another kingsett.
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  #10449  
Old Posted Feb 10, 2019, 10:23 PM
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That block needs to be redeveloped though.
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  #10450  
Old Posted Feb 12, 2019, 3:29 AM
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it will definitely get developed, the question is whether under the current owner or it will be flipped to a legit developer who can redevelop this.
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  #10451  
Old Posted Feb 12, 2019, 2:40 PM
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I'm not aware of Kingsett owning any part of this development. They aren't developers per se. They are money managers. They are flippers. They are loan sharks. They are dragons in a den or sharks in a tank.

"Will definitely get developed"

No one will ever accuse you of being a negative nelly
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  #10452  
Old Posted Feb 12, 2019, 4:30 PM
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I know its owned by Marwest. what I meant was Kngsett 2.0. and 415 Yonge will get redeveloped, probably shorter than current proposal and may be a different developer.
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  #10453  
Old Posted Feb 12, 2019, 4:46 PM
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YYZer over at Urban Toronto posted this article to the Bay Adelaide North thread.

http://renx.ca/jon-ramscar-heads-cbr...wntown-office/

He highlighted the following from said article:

“We’re seeing a lot of large mega-deal requirements coming through that could lead to large projects moving forward.”

"and that while there is 7.3 Million square feet of new office space currently under construction, there is an additional 24 million square feet currently in the pipeline. "

I thought that seemed relevant to the discussion topic here.

Obviously his (Ramscar) job involves talking up the market but it would appear he is confidant that additional major office towers are forthcoming in Toronto.
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  #10454  
Old Posted Feb 12, 2019, 5:03 PM
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"and that while there is 7.3 Million square feet of new office space currently under construction, there is an additional 24 million square feet currently in the pipeline. "

I didn't see this quote. It has an SSP attitude to it along the lines of it being half built already because it's proposed.

He's just a little bias in bringing up the investor safe haven and that we should be thinking bigger. That's how you end up overbuilding with people being priced out of the market before it all comes crashing down. It's seldom a good thing for locals living in the market ... well ... aside from oogling skyscrapers and skylines
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  #10455  
Old Posted Feb 12, 2019, 5:30 PM
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He says low vacancy rates downtown are going to push people to the suburbs? The primary reason Downtown is the tightest it's ever been is because`so many companies have realized centralization is a huge factor in attracting talent, and they're willing to pay the price for it. No one has the appetite to commute over an hour to Meadowvale, and the vacancy rate of 18% + shows that. We have product in Mississauga that has been sitting vacant for over a year even as we've pushed rates down 10-15%.

Leasing efforts are no longer focused on attracting a Microsoft or suburban bank campus. It's smaller, private companies whose owners likely live nearby or are only focused on the bottom-line. Neither attributes are shared by the type of companies that are driving demand for space downtown.
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  #10456  
Old Posted Feb 16, 2019, 1:47 AM
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"Signage Variance Application Submitted for 160 Front West"

http://urbantoronto.ca/news/2019/02/...160-front-west
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  #10457  
Old Posted Feb 16, 2019, 6:07 AM
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I wonder if the sign is for the Ontario Teachers Pension Fund or for Cadillac Fairview. They love putting signs on buildings.
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  #10458  
Old Posted Feb 16, 2019, 6:09 AM
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Originally Posted by caltrane74 View Post
I wonder if the sign is for the Ontario Teachers Pension Fund or for Cadillac Fairview. They love putting signs on buildings.
based on the report it looks like its for a major bank, likely TD. Expect an announcement soon.
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  #10459  
Old Posted Feb 16, 2019, 6:17 AM
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Only one bank left that hasn't upgraded their tower in the last 10 years. And that's BMO.

CIBC - CIBC Square (2020)
Scotiabank - Bay Adelaide Centre (2022)
RBC - RBC Centre (2009)
TD- 160 Front (CF Tower - 2022)
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  #10460  
Old Posted Feb 16, 2019, 3:24 PM
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RBC is Waterpark place.

I highly doubt there's enough space at 160 Front for TD to do a complete consolidation like CIBC. If they take 10+ floors though it means less chance of Commerce Court getting built so have at it.
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