News   Dec 20, 2024
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  1. M

    Toronto 160 Front West | 239.87m | 46s | Cadillac Fairview | AS + GG

    It would be nice if that corner was the lobby which went up the height of the warehouse with the exposed brick visible to the inside along with some highly modern bracing etc. The windows providing the light to the lobby like is was a gutted building. It would lose a lot of usable space but...
  2. M

    Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

    Oxford owns 161 Bay (South tower of Brookfield Place) along with for all intents & purposes 50% of the retail space while Brookfield owns 181 Bay. Oxford would have to give Brookfield permission to build the 3rd tower on Front St. and I can tell you, barring a large cheque being walked across...
  3. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    Second (and larger) crane erected last night in the center of the footprint. South 2/3rds has been dug down with foundations and some pouring having taken place, north third is still dirt ramp up to surface.
  4. M

    Baby, we got a bubble!?

    The thing is, you’re advising people (their own decision granted, you are just trying to maximize their return on a chosen investment) to buy a condo to rent out that is generating somewhere (if you’re lucky) 3-4% free cash flow. That cashflow is then taxable as investment income. The rest of...
  5. M

    Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

    Ivanhoe and SITQ are the same. Both Caisse de Depot. And the height looks to be 55-58 stories total (including pinnacle).
  6. M

    Toronto Union Park | 303.26m | 58s | Oxford Properties | Pelli Clarke Pelli

    I"m almost certain that this 1.1m sq.ft does not include the existing south buildings of the convention center which would be largely unchanged. This is tearing down the north building and adding 1.1m sq.ft. The whole convention centre now is 640k sq.ft. with about 480k of exhibition space I...
  7. M

    Toronto Union Park | 303.26m | 58s | Oxford Properties | Pelli Clarke Pelli

    1mln sq.ft. is pretty much putting a Sherway Mall or Vaughn Mills on Front St. It’s a LOT of retail. I would heavily suspect that Oxford would draw a new to Canada major department store as an anchor to the space. I know they have had discussions at least a couple of years ago with Harvey...
  8. M

    Toronto RBC WaterPark Place III | 140.2m | 30s | Oxford Properties | WZMH

    +1 they are taking the majority of the building. If they had said "give us soul" Oxford would have been much more than happy to. They said "give us cheap, functional, cheap, high density and cheap."
  9. M

    Toronto 160 Front West | 239.87m | 46s | Cadillac Fairview | AS + GG

    What about someone like Hatch or SNC consolidating and moving into the core? Hatch has a huge number of buildings in Mississauga / Oakville and it must be a pain...
  10. M

    Toronto Sun Life Financial Tower & Harbour Plaza Residences | 236.51m | 67s | Menkes | Sweeny &Co

    So small, with no covenant and highly likely to not last? Yes that's the ticket!
  11. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    100 Adelaide is under construction, 156 Front is a dream at the moment with potential for more. RAC will be done (and silver if it wants to be) YEARS before 156 Front.
  12. M

    Baby, we got a bubble!?

    Using Teranet data (repeat sales regression, so much better than TREB data) the 5 year CAGR for Toronto home prices is 2.37%, 10 year is 1.42% and 15 year is 1.25%. Those don't factor in inflation (an important thing that some have mentioned and GREATLY deflate that "bubble". Yes that number is...
  13. M

    Toronto QRC West (Queen Richmond Centre West) | 71.93m | 17s | Allied | Sweeny &Co

    Just announced they have leased 70,000 sq.ft. to a tenant on the 5th to 8th floors to be their national headquarters. Don't know the tenant.
  14. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    I'm almost certain that it will connect between the rexal and the elevators to the north (so where the large tv billboard is right now).
  15. M

    Toronto 160 Front West | 239.87m | 46s | Cadillac Fairview | AS + GG

    Google has a 90,000 sq.ft. of space in 111 richmond and just signed a lease for 185,000 sq.ft. in Waterloo. Apple is taking 50,000 sq.ft. in the southcore, I could see an IBM taking a couple of hundred thousand sq.ft. as a lead tenant downtown. Certainly isn't going to be a law firm... I've...
  16. M

    Toronto RBC WaterPark Place III | 140.2m | 30s | Oxford Properties | WZMH

    The podium glass and a few stories up past that on the RBC Dexia building is bomb resistant glass. Seeing as it's the same tenant, I wouldn't be surprised if they are doing something similar here. RBC also uses vibrating glass on some office windows to stop laser microphones...
  17. M

    Loblaws & LCBO-396 St. Clair near Bathurst (1s addition)

    There was also a large family doctor practice which opened up in the top (mezzanine) floor of the Loblaws in January. This extra floor could be for professional space as competition to Clairhurst on the kitty-corner. A large LCBO (dupont St. sized) would do very well as there are no large ones...
  18. M

    Toronto The HUB | 258.46m | 59s | Oxford Properties | Rogers Stirk Harbour

    You're joking right? As for the wood foundation, I suspect Oxford would underpin as part of the development, partially as a way to increase parking as well.
  19. M

    Toronto Bay Adelaide Centre | 217.92m | 51s | Brookfield | KPMB

    +1 The Shard is striking but an absolute bust. BA towers are infill and BA East will barely be able to be seen in the skyline, it's only where there are obstacles around site or planning that novel and interesting designs come out. That or when it is a showcase.
  20. M

    Toronto Yorkdale Shopping Centre | ?m | ?s | Oxford Properties | MMC Architecture

    The LandLord doesn't publish what tenants pay them...:rolleyes: The last time I looked (which was admittedly about 5 years ago) there were quite a few tenants in Yorkdale which were paying percentage rent.

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