VoiceofReality
Active Member
501 Yonge Street (N of The Courtyard) just sold to Lanterra, .87 acres
For as long as I can remember this has been my most disliked block on Yonge St.]
.87 acres = about 38,000 square feet
At 20 times coverage for condos, thats about 760,000 sq ft
If the floor plates are around 9,000 sq ft, thats about 84 floors
While im sure it wouldn't be 84 floors, the possibilities are very interesting.
(more liklely to be two towers)
From a messy urbanism point of view that block seems to work reasonably well. I hope whatever replaces it does a better job of street integration than the Courtyard. Hopefully at least 7 or 8 retail units, with patios facing Maitland and Alexander, and a couple floors of office/studio space up above. If they provide that I wouldn't mind if they did throw a couple of large point towers up top.