The Renaissance (Phase 1 28s. Completed)(Phase 2 28s. U/C)

sparky212 · #1 Posted: **Apr 12, 2009, 11:28 PM**

The Renaissance Phase one 28 stories 93.5m T/O
Phase 2 28 stories 93.5m proposed

ldoto · #2 Posted: **Apr 13, 2009, 2:31 AM**

Here's the last pic I have from the Renaissance!!!!!!

MolsonExport · #3 Posted: **Apr 13, 2009, 5:16 PM**

I don't see part II becoming a reality for at least 4 years given current economic climate.

sparky212 · #4 Posted: **Apr 13, 2009, 9:55 PM**

u never know. u know the old saying if they build it they will come

GreatTallNorth2 · #5 Posted: **Apr 14, 2009, 12:11 AM**

I pray that they change something about the second tower and not make it an identical twin of the first. Sure, it's not as bad as CityPlace, but 28 stories of concrete ain't that pretty.

sparky212 · #6 Posted: **Apr 14, 2009, 12:53 AM**

maybe something like panorama in T.O

koops65 · #7 Posted: **Apr 14, 2009, 6:23 PM**

I've submitted my drawings of the buildings to the Diagram section. Let me know what you think, if they need to be modified in any way.

QuantumLeap · #8 Posted: **Apr 15, 2009, 6:32 PM**

Tricar has changed the Renaissance website so its easier to look at floorplans etc, and are advertising open houses. I guess they are hoping to start renting soon!

QuantumLeap · #9 Posted: **Apr 15, 2009, 6:41 PM**

Quote:

Originally Posted by GreatTallNorth2

I pray that they change something about the second tower and not make it an identical twin of the first. Sure, it's not as bad as CityPlace, but 28 stories of concrete ain't that pretty.

It would be real nice if they set back the tower on York Street after the 5th floor. They motioned at this on the King Tower, but didn't actually really do it. A setback of 15 ft or so is really all that is needed.

ldoto · #10 Posted: **Apr 22, 2009, 3:11 AM**

Here's some new pics from the top of the renaissance from the Tricar Group web site enjoy!!!!

http://www.tricar.com/renaissance/pa...otogallery.php

ssiguy · #11 Posted: **May 4, 2009, 3:56 AM**

I don't understand the London housing market, I really don't.
What is it with London building all these new massive rental buildings? In a city as cheap as London who would rent an expensive apt when they could buy a condo for less money?

MolsonExport · #12 Posted: **May 4, 2009, 1:14 PM**

For one thing, strata fees aren't exactly cheap.

Blitz · #13 Posted: **May 7, 2009, 1:21 AM**

Quote:

What is it with London building all these new massive rental buildings? In a city as cheap as London who would rent an expensive apt when they could buy a condo for less money?

I did because I'm only temporarily employed in London but still wanted a decent place to live that was close to everything.

The thinking is that these buildings are starting off as rentals until they fill up and then will be changing over to condos.

JrUrbanDesigner · #14 Posted: **May 9, 2009, 8:36 PM**

Quote:

Originally Posted by ssiguy

I don't understand the London housing market, I really don't.
What is it with London building all these new massive rental buildings? In a city as cheap as London who would rent an expensive apt when they could buy a condo for less money?

For this particular instance, in the downtown, developpers have been given incentives such as exemptions from development charges and a portion of the property taxes are forgiven for (I believe) 10 years - the way this works is that only the owner of the property can receive these incentives, if they were condos tricar wouldnt be able to benefit as they would no longer be the owners.

So like the previous post said they could flip them to become condos when they no longer receive incentives from the city. I think its a pretty good deal if someone has the money to build a tower.

ssiguy · #15 Posted: **May 12, 2009, 5:39 AM**

Thanks for info, it makes a bit more sense now.
I guess transferring some of the rentals to condos may be in the future for these buildings. Years ago I use to live on a highrise [can't remember the name} but it was about 12 stories between Ridout & Wellington and Commissioners and Southdale. Does Sandringham ring a bell? I'm not sure. Anyway I was very surprised to see it had gone condo.

BTW.......according Stats Can the new EI report states that CMA London 4,500 in the last year and thats just for people over 15 years old. That's pretty damn good!