Rental construction starts in Toronto are the lowest in 9 quarters. All of Toronto only has the equivalent of a small town in rentals being built, a fraction of what is needed. Any large-scale rental project that has weathered the interest rate storm and made it to construction in this climate...
This project was previously storage lockers (private property). There is $2.7M of affordable housing, an additional $7.3M of community benefits through Section 37, a new park, a new POPs and so on. Where are you getting your information?
I would imagine part of the heritage features of these Victorians, much like Keg Mansion IS their distance to the street. I dont think you can assume you can move these to the lot line as part of the podium and go up with a tower behind it. I couldnt find the designating by-law outlining the...
@Northern Light where did you find the plans with the flight path? The Architectural Plans for ZBA dated Aug. 18th dont show this and there's no updated or submitted Aviation Report.
I think this site is subject to this announcement: https://greybrook.com/greybrook-realty-partners-invests-44000000-in-a-high-rise-residential-development-project-with-marlin-spring-in-etobicoke-ontario/
File this under the same header as the fictitious Niagara Falls proposals. Unproven group won't be able to syndicate financing for this and get it through to construction. I just don't see it happening, sorry.
This project is not currently shown on Emblem's website: https://www.emblemdevcorp.com/projects
Hard to get construction financing without pre-con sales deposits. Curious when this will launch? I wouldnt expect much action on-site until this happens.