sixrings
Senior Member
I doubt given our weather that malls will be the ones that die out. It’s plazas and big box stores first.If the OL gets up here in 10 years, it will survive. Otherwise, we've got serious retail issues in Toronto.
I doubt given our weather that malls will be the ones that die out. It’s plazas and big box stores first.If the OL gets up here in 10 years, it will survive. Otherwise, we've got serious retail issues in Toronto.
I mean if you completely ignore the last 15 years of retail trends, sure. Unfortunately the reality is the opposite - retail has spent the last 15 years shifting from malls to plazas.I doubt given our weather that malls will be the ones that die out. It’s plazas and big box stores first.
do you have any data to support yours statements. Has plazas and big box stores become a thing in the last 20 years. Sure they have. But they are all on land managed by people just waiting for the land to be valuable enough to be worth developing on. There’s a reason big box stores are built so cheaply. They are temporary and were not made to be there in 50 years.I mean if you completely ignore the last 15 years of retail trends, sure. Unfortunately the reality is the opposite - retail has spent the last 15 years shifting from malls to plazas.
People want quick in and out services in retail, which means plazas. Malls are more of a 'spend an afternoon shopping" type activity which consumers are increasingly avoiding in favour of online shopping. What they still do in person is more plaza-format supportive.
So many fails (unit size, elevator ratio,...)A couple of observations from the above:
Typical Toiwer Layout:
View attachment 706965
At ~700m2 net floor plate (space allocated to units), and 11 units per floor ....these unit sizes are too small The average size is something like 675ft2.
Which would be great if these were all 1 bdrm, but instead, they're squeezing 3 2-bed units and 1 3 bed unit into that layout. There's no way those units make sense.
@Paclo already flagged the affordable housing, but I want to draw that to @HousingNowTO 's attention - 18 units
I know he likes to see total beds so, 11 1bed, 5 2 bed, 2 3 bed. Total beds: 27 beds
This is ~3% of GFA
On elevators 4 to 585 units leaves us with 1 elevator for every 146 units.
Thanks for the AFFORDABLE RENTAL stats, "minimum of 3% of new R-GFA for 40-years", isn't bad -- as since it is a MINIMUM, there's always an opportunity to layer on additional incentives.A couple of observations from the above:
@Paclo already flagged the affordable housing, but I want to draw that to @HousingNowTO 's attention - 18 units
I know he likes to see total beds so, 11 1bed, 5 2 bed, 2 3 bed. Total beds: 27 beds
This is ~3% of GFA