Recent content by 1Ć0

From Linkedin (from 2 weeks ago): "Construction has begun at YZD. YZD has officially transitioned from planning to early works construction. Equivalent to 185 downtown city blocks, this 370-acre project is the largest urban redevelopment project in North America. This first phase focuses on...

This flipping of loblaws to no frills is not really a good sign for the local economy... I think this is their 3rd flip? Broadview + King/Shaw (though K/S was Independent to NF)

Whoops! https://www.newswire.ca/news-releases/community-racket-court-at-risk-after-500k-property-tax-increase-840712489.html Although I am in favour of a property tax break for things like this that can help activate a site temporarily and animate the local area, it seems like this was done...

Some more info here on the recently proposed changes to units + unit count https://storeys.com/yonge-city-square-family-units/ I think condos make more sense here than rentals, for a few reasons. One of them being: another being: Rental product heavily depends on nearby amenities. There...

They should have the lobby entrance off Imperial and tighten it up a bit. It doesn't need to be that large. Give more space and the corner to the retail. Something like the below: I assume though, that they want their residential address off Yonge St.

A bit of info about this site on the Avenu Properties webpage - https://www.avenuproperties.com/portfolio-parkway-place Owner appears to be Tigra Vista, which has a pretty wild history. Some info here: https://www.thewirechina.com/wp-content/uploads/2022/09/Xiao-Jianhuas-Lost-Empire.pdf...

Nice little time lapse of the demo https://www.linkedin.com/posts/a-new-chapter-begins-at-1266queenstreet-ugcPost-7434952858527080448-RS0G?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAfS3yUBjzLd_2BvGZDM3gzU8q9EKp9ZnXc

H&R REIT spends $80m on site. UT Forum: Laughing aside, 55 Yonge has been owned by H&R REIT for over 20 years

Update here - https://www.linkedin.com/posts/unparalleled-craftsmanship-in-action-construction-ugcPost-7433194276102086656-lzTy?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAfS3yUBjzLd_2BvGZDM3gzU8q9EKp9ZnXc

I assume they got rid of the stepback from podium to tower and expanded the tower floor plates to about 740m2? That will prob get you closer to 300 units, which still maintains a good elevator to unit ratio. They also prob cut down the amenity and nixed the retail?

Rendering from today's NRU. I don't think I've seen this before... and it doesn't reflect what is shown in the latest arch plans from Jan 2026

How did H&R REIT spend almost $80m on this site + project? (EDIT) 53 Yonge was acquired for $11.5m in 2020, entitlement work can't be more than $2m, the demo so far cannot be more than $5m... From - https://www.hr-reit.com/wp-content/uploads/2026/02/Q4-2025-Dec-31-Report-1.pdf

Building sold for $50.8m https://storeys.com/crestpoint-wellington-hr-reit-tower/

Approved at C of A CMHC financing approved as well https://www.linkedin.com/posts/our-project-at-2611-dundas-st-w-has-been-ugcPost-7432802757474070528-RS9l?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAfS3yUBjzLd_2BvGZDM3gzU8q9EKp9ZnXc

Some renderings of the MOD rework from the article above