Project Essentials / dataBase – detailed project information, floor plans, renderings
Projects & Construction Thread  I  Real Estate Thread
Panda Condominiums 
20 Edward St, Toronto
Developer: Lifetime Developments
Website: pandacondos.com

Panda Condominiums | 108m | 30s | Lifetime | architectsAlliance

Discussion in 'Buildings' started by AlbertC, Jun 21, 2012.

  1. AlbertC

    AlbertC Senior Member

    Joined:
    Apr 24, 2007
    Messages:
    3,530
    Likes Received:
    555
    Location:
    Burnistoun
    http://www.thestar.com/business/art...d-s-biggest-bookstore-slated-to-close-in-2013

    Toronto’s World’s Biggest Bookstore could close in 2013

    Published On Wed Jun 20 2012
    By Susan Pigg
    Business Reporter


     
    #1

  2. canarob

    canarob Senior Member

    Joined:
    Apr 24, 2007
    Messages:
    1,150
    Likes Received:
    59
    Location:
    Markham
    Why not just sell and buy another retail building? I'd imagine the numbers will mean they'll come to this conclusion soon.
     
    #2
  3. AlvinofDiaspar

    AlvinofDiaspar Moderator

    Joined:
    Apr 22, 2007
    Messages:
    22,311
    Likes Received:
    7,098
    Location:
    Toronto
    The site really isn't that large - roughly around the size of Aura, much smaller than 10 Dundas E.

    AoD
     
    #3
  4. Automation Gallery

    Automation Gallery Superstar

    Joined:
    May 5, 2007
    Messages:
    10,204
    Likes Received:
    553
    Location:
    South Parkdale
    Hmm, 38 million bucks, the owners will ask for 50-60 mill and get it....id say this is as good as sold
     
    #4
  5. valkoholic

    valkoholic Active Member

    Joined:
    Feb 18, 2009
    Messages:
    228
    Likes Received:
    0
    The floorplate will be attractive for Aura-style big box + condo developments but it won't be a great retail site unless they buy enough property to get Yonge Street frontage (which isn't cheap).

    Also, the City considers this site a missing link in the PATH network, so a developer may be on the hook for a tunnel to Atiurm on Bay.
     
    #5
  6. Automation Gallery

    Automation Gallery Superstar

    Joined:
    May 5, 2007
    Messages:
    10,204
    Likes Received:
    553
    Location:
    South Parkdale
    I agree, they would have to buy the corner building and another 4-5 buildings north of Edward St. on Yonge street...away from them sitting on expensive real estate there is nothing special about those 2 storey structures
     
    #6
  7. Oliver Tweed

    Oliver Tweed Active Member

    Joined:
    May 10, 2007
    Messages:
    206
    Likes Received:
    0
    It's amazing to me that this location wouldn't be considered a great retail site just because it doesn't front onto Yonge.

    What's more, if Yonge frontage is so coveted, why are there so many poor quality stores on Yonge?
     
    #7
  8. W. K. Lis

    W. K. Lis Superstar

    Joined:
    Dec 24, 2007
    Messages:
    11,968
    Likes Received:
    1,706
    Location:
    Toronto, ON, CAN, Terra, Sol, Milky Way
    The only negative I see are the Atrium on Bay's loading docks and the bare facade facing across the street.
     
    #8
  9. Tulse

    Tulse Senior Member

    Joined:
    Jan 28, 2010
    Messages:
    2,284
    Likes Received:
    313
    Surely this will be sold for a tower, rather than a big box store, right? I really don't want to see a Target or Wal-Mart here...
     
    #9
  10. dt_toronto_geek

    dt_toronto_geek Superstar

    Joined:
    Apr 24, 2007
    Messages:
    10,908
    Likes Received:
    47
    Location:
    Downtown Toronto
    If this property did go condo I don't see why they need a Yonge Street entrance, walk around the corner to a quiet and private entrance. Also, several of the structures north of Elm are special indeed, but need some work - not unlike most of what sits between Gerrard & Bloor.

    Shhhhh!!!
     
    #10
  11. cdr108

    cdr108 Senior Member

    Joined:
    Apr 22, 2008
    Messages:
    4,644
    Likes Received:
    11

    exactly ... not everyone wants to be on Yonge.
    it's 1/4 block in ... oh such a strain to walk those few steps
     
    #11
  12. Automation Gallery

    Automation Gallery Superstar

    Joined:
    May 5, 2007
    Messages:
    10,204
    Likes Received:
    553
    Location:
    South Parkdale
    Uhh, i said north of Edward street.................http://goo.gl/maps/iouZ
     
    #12
  13. dt_toronto_geek

    dt_toronto_geek Superstar

    Joined:
    Apr 24, 2007
    Messages:
    10,908
    Likes Received:
    47
    Location:
    Downtown Toronto
    Your right, I always mix up Edward & Elm Street. I still don't think there should be a condo entrance off Yonge, it should stay retail.
     
    #13
  14. valkoholic

    valkoholic Active Member

    Joined:
    Feb 18, 2009
    Messages:
    228
    Likes Received:
    0
    I didn't mean the condo entrance should be from Yonge (it shouldn't). But if this were to have significant retail it would make sens for the retail entrance to be from Yonge even if it were just to lead to the bulk of the retail that would be located in the bookstore site.

    I don't have numbers on-hand, but based on other stuff I've seen I'd guess Yonge has five times the pedestrian volume that either Elm or Edward has. Plus, Edward is pretty fugly.

    Heights for a condo tower would likely depend on shadows on McGill Granby neighbourhood. Those streets are sacred in the City's mind.
     
    #14
  15. canarob

    canarob Senior Member

    Joined:
    Apr 24, 2007
    Messages:
    1,150
    Likes Received:
    59
    Location:
    Markham
    I'm not sure how much retail would be needed here. With the Eaton Centre, the Atrium, 10 Dundas and all the retail at Aura, I don't know how well it would fare. A massive condo tower with an average-sized strip of retail (or one big-box-esque retailer) on Edward would suffice. It has the advantage of being visible from Yonge at least.
     
    #15

Share This Page