|
|
|
High Park
- Thread starter W. K. Lis
- Start date
bedoozled
New Member
I actually interacted with a very rarely seen zookeeper just last week when the capys were being fed and she confirmed that they are indeed the same Bonnie & Clyde!
Admiral Beez
Superstar
Lots of chatter in today’s paper.
The ban on cars in High Park has left many park users unhappy. A year later, the city is making some changes
picard102
Senior Member
Quelle surprise!
Yes, being allowed to go faster will resolve the conflict.
AlbertC
Superstar
The addresses of the properties acquired aren't mentioned but will just plop this here:
www.globenewswire.com
September 12, 2024
Hepsor Expands in Toronto With a New High Park Residential Development
Hepsor, together with its partner Elysium Investments, has acquired a development project consisting of 11 properties in downtown Toronto's High Park area....
Hepsor Expands in Toronto With a New High Park Residential Development
September 12, 2024
Hepsor, together with its partner Elysium Investments, has acquired a development project consisting of 11 properties in downtown Toronto's High Park area.
High Park is one of Toronto's most sought-after residential areas, offering abundant greenery, excellent recreational opportunities, and convenient access to public transportation. The development area is planned to feature a high-rise building with rental apartments in two towers, which will help alleviate Toronto's growing housing shortage.
The High Park development is the fourth similar project in Toronto in which Hepsor has taken a position in the last 18 months. At the same time, High Park is the first project where Hepsor plans to include Estonian private capital investors.
The total investment value of the property and the first phase of the project is approximately 60 million euros (about 89 million CAD), of which High Park Limited Partnership, established for the project's development, will invest approximately 8.5 million euros (about 12.5 million CAD). In the first phase of the project, the zoning of the area will be changed, and planning activities will be carried out to allow for the future construction of a residential rental building. The first phase is expected to last 24-30 months.
To date, Hepsor's residential development portfolio in Toronto includes positions in four different development projects. During October, the fifth transaction under the same program is expected to be completed, which, when added, would mean that Hepsor and its partners are working on plans for approximately 2,500 new apartments in Toronto.
In addition to participating in residential developments, Hepsor is actively seeking opportunities for the development of warehouse and logistics spaces in the vicinity of both Toronto and Montreal.
Hepsor's Chairman of the Board, Andres Pärloja, commented: "Entering the High Park development was another step in implementing Hepsor's strategic plan. In the spring of 2022, we decided that part of our business should be outside the European economic area and away from the Russian border. We chose the dynamic and rapidly developing Canadian market. We plan to continue expanding our positions in Canada to the extent possible and are constantly looking for new and interesting investment opportunities."
High Park is one of Toronto's most sought-after residential areas, offering abundant greenery, excellent recreational opportunities, and convenient access to public transportation. The development area is planned to feature a high-rise building with rental apartments in two towers, which will help alleviate Toronto's growing housing shortage.
The High Park development is the fourth similar project in Toronto in which Hepsor has taken a position in the last 18 months. At the same time, High Park is the first project where Hepsor plans to include Estonian private capital investors.
The total investment value of the property and the first phase of the project is approximately 60 million euros (about 89 million CAD), of which High Park Limited Partnership, established for the project's development, will invest approximately 8.5 million euros (about 12.5 million CAD). In the first phase of the project, the zoning of the area will be changed, and planning activities will be carried out to allow for the future construction of a residential rental building. The first phase is expected to last 24-30 months.
To date, Hepsor's residential development portfolio in Toronto includes positions in four different development projects. During October, the fifth transaction under the same program is expected to be completed, which, when added, would mean that Hepsor and its partners are working on plans for approximately 2,500 new apartments in Toronto.
In addition to participating in residential developments, Hepsor is actively seeking opportunities for the development of warehouse and logistics spaces in the vicinity of both Toronto and Montreal.
Hepsor's Chairman of the Board, Andres Pärloja, commented: "Entering the High Park development was another step in implementing Hepsor's strategic plan. In the spring of 2022, we decided that part of our business should be outside the European economic area and away from the Russian border. We chose the dynamic and rapidly developing Canadian market. We plan to continue expanding our positions in Canada to the extent possible and are constantly looking for new and interesting investment opportunities."
Towered
Superstar
There's a block of old houses on Bloor between Mountview and Oakmount (just west of Keele) - I'm hoping it's there. They should be replaced with higher density.
1Ć0
Active Member