Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

Smoke's Poutinerie next block south (4716 Yonge) opens Tuesday,... but have little soft-opening today from 5-6:30 with free sample and giveaways. Hint, hint for LCBO opening - heck, I'd be ecstatic, when LCBO actually opens!
 
sunnyraytoronto said:
Smoke's Poutinerie next block south (4716 Yonge) opens Tuesday,... but have little soft-opening today from 5-6:30 with free sample and giveaways. Hint, hint for LCBO opening - heck, I'd be ecstatic, when LCBO actually opens!
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Thanks for the heads up about Smokes. I went there after work and they are offering any kind of poutine you want for free!
 
During the last few evenings/nights, in preparation for Presto, they've (TTC) been setting up wiring in false ceiling at Poyntz automatic turnstile entrance area,... you the know,... near the area that was practically declared a crime scene (yellow caution tapes) due to Bazis' negligence resulting in the EmeraldPark TTC underground pedestrian tunnel/entrance opening 2 years late!
 
Interesting link provided by Digitalis on E-condo thread,.... RioCAN buying out Bazis & Metropia of their 50% ownership in E-condo's rental building (e-Place)
http://urbantoronto.ca/forum/thread...-rosario-varacalli.17683/page-71#post-1255534

"In the second quarter of 2014, RioCan (50% ownership) and its partners Metropia and Bazis International Inc. (50% ownership) commenced construction at ePlace. The project is comprised of three major components, a condominium tower, a rental residential tower, and the commercial/street retail space along Yonge and Eglinton at the base of the project."
"Rental Tower" "The rental tower, currently under construction, will reach 36 storeys and contain 466 apartment units. On completion, RioCan, which currently owns a 50% interest in the tower, will purchase the remaining 50% interest in the rental residential tower from its partners for $10 million plus the partners pro rata share of costs related to this portion of the development. The total purchase price for the remaining 50% interest is expected to be in the range of $95 to $105 million and is subject to final cost amounts."
https://web.tmxmoney.com/article.php?newsid=5217878711401281&qm_symbol=REI.UN

After Bazis lost $30 million on their 1 Bloor East proposal, all Bazis following condo proposals required partners for financing reasons (EmeraldPark with Metropia & PlazaCorp, Exhibit with Metropia & PlazaCorp, e-condo with RioCan and Metropia and 1 Yorkville with PlazaCorp),... but if e-condo is any indication, even though Bazis did all the design work and development applications,... Bazis (Beotch) is minority ownership with at least one of the other partner owning more!!!

Seems to be "confirmation" of my hypothesis,... Bazis is getting ready (liquidating) to bail back to Kazakhstan or whichever rock crawled under from,...
http://urbantoronto.ca/forum/thread...-rosario-varacalli.4829/page-153#post-1191168

Bazis' Oasis on Lawrence project went from 64 to 54 units on 11 lots to 12 units on 4 lots; under a different architect???,... Bazis' principals are listed as applicants and owners (common formality when land deal hasn't formally closed by date of development application).
http://urbantoronto.ca/forum/thread...-rosario-varacalli.4829/page-153#post-1191227
http://urbantoronto.ca/forum/thread...ence-15m-4s-bazis-suriano.26120/#post-1252152

Note, Bazis Oasis On Lawrence townhouse project disappeared from Bazis' website, as did their Estate On Bayview project,... thus, it really looks like both will be sold off to other developer/builder/investors.
http://urbantoronto.ca/forum/thread...york-mills-bazis-planning.23608/#post-1239570
 
Saw a bunch of people this evening (5PM) wandering around the empty floor above the one the LCBO was supposed to be on. Is that the "Metro" floor or something else?
 
Edward Skira said:
Saw a bunch of people this evening (5PM) wandering around the empty floor above the one the LCBO was supposed to be on. Is that the "Metro" floor or something else?
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I think it's a floor of office condos. They're mostly empty AFAIK, but there are a few random offices. It's the sort of space that appeals to people running a business alone or with a couple of employees - chiropractors, dentists, immigration lawyers, etc.
 
Edward Skira said:
Saw a bunch of people this evening (5PM) wandering around the empty floor above the one the LCBO was supposed to be on. Is that the "Metro" floor or something else?
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The LCBO store is on 2nd floor with Yonge frontage,... the rest of the 2nd floor minus the escalator area is empty shell to be supermarket space which I documented here,... and since I documented it, security isn't very,... so anyone could be wondering around here
http://urbantoronto.ca/forum/thread...-rosario-varacalli.4829/page-131#post-1147425

If you were viewing from Yonge Street, the "empty floor above the one the LCBO was supposed to be on" would be the 3rd floor,.. which is full of "Office-condos",... same situation as the "Office-Condos" at Hullmark Centre,... about 70% empty since they were sold off to "oversea investors" (often numbered companies with local signatures) with no plans to ever open their own offices or even rent out the space,...
http://urbantoronto.ca/forum/thread...l-kirkor-architects.668/page-108#post-1147431
http://urbantoronto.ca/forum/thread...l-kirkor-architects.668/page-108#post-1147440

City insisted on offices to develop employment area,... developer partitioned them of into little office-condos,... and sold them to "oversea investors" who keep them empty,.. Empty office-condo don't provide local jobs,....
 
sunnyraytoronto said:
so anyone could be wondering around here
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Looked like people officially looking around (real estate types) rather than people wandering around for fun. But then I was at Sheppard Station so looks could be deceiving.
 
My new office in the Nestle Building looks out onto this interesting complex. The Nestle Building and Emerald Park look great together--the blue reflection of the sky on the Nestle Building and the green cladding of Emerald Park harmonize nicely. The podium has an interesting combination of uses like small storefront retail spots, large retail spaces, offices, and the condo's fitness centre. Much of it is still unoccupied, but it promises to be quite interesting once everything is leased and online.

In spite of being a side street, Bogert Avenue is now quite animated because of this complex. People are constantly coming and going by car and on foot. The podium has spacious terraces for residents on its roof and attractive green roofs. The terraces are separated from the green roofs by a row of evergreens. I suppose that if you wanted to picnic on a green roof like on an alpine meadow, you could do it :)

I enjoy seeing this complex every day, which is why I'd say that on balance, the developer did more things right than wrong. From a distance, its unique profile enlivens the sedate skyline of a former suburban satellite downtown. Up close, it diversifies the streetscape and adds new vitality to this part of the city.
 
Yeah it’s a nice looking building at a good location ruined by poor management and bad decisions. Even now, the property management company is absolutely terrible at running this building.
 
Remember that new format Metro that was supposed to open on the second floor with all these neat market substations all around the perimeter including independent brand name retailers,... well, one of them appears to have deserted and found a new home,..... nope, not talking about the LCBO,... yet,.... the Starbucks kiosk that was supposed to be near the top of the escalator area,... now officially gone,.... look like they're officially going underground,.... as part of TTC's Sheppard-Yonge Subway Station!
 
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