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I highly appreciate this explanation! Thank you

That is true. Does the shoring permit have an expiration date?

This is very likely to end up in receivership. Dead in the water (or has been for several months)

This is welcome and surprising news. In my conversations with Fitzrovia staff last month, they noted limited interest in starting up this project given the sheer volume of work they currently have ongoing

Would anyone know how many units they have sold and what their average sale price was? Pleasantly surprised to see a developer moving ahead with construction during this troubled market

Appreciate you sharing this. I understand Core is also looking for investors to support 929 Queen, which has not yet started construction or demo I believe.

273 Queen St W for sale. The brochure from CW shows the lands/properties Bell owns and the potential for a land assembly. From - https://comms.cushwakedigital.com/rv/ff00ce5dc80543bfe975baca5345a33ebb382988

Not looking very likely at the moment sadly, unless something has changed during the last month. As of June 13 (in letter to condo purchasers found here - https://documentcentre.ey.com/#/detail-engmt?eid=590):

This is incredibly helpful - thank you both for your responses. And it makes sense to me Do we know how the cash contributions are calculated? Or the formula used by staff? I'm not sure if it's an extension of the 4% CBC requirement based on land value as you may need to get appraisals done -...

Thank you for sharing this information. Is it common to see cash contributions as part of MV approval? This is the first time I've seen one...

If they can get it off the ground, including their other site by Carlaw. Word on the street is that Core is not doing too well right now

Agree with above 2 points. Drove by the site this weekend. The ground floor does not look great. Looks plain and flat... a bit monolithic for Bayview village. Rest of the building looking great however

Renderings of the project shown in the latest Architectural plans from AIC below; including the materiality for the ground floor. Podium reminds me a bit of Cherry House https://www.toronto.ca/city-government/planning-development/application-details/?id=5041997&pid=468924&title=2451-DUFFERIN-ST

I would agree with @WislaHD. I think this is more of fortunate + unfortunate timing affecting this project rather than Concert/Riocan failing to pull the trigger or their ineptitude as the article notes. Looks like alot happened here that impacted their timeline - OPA 405 in 2019 was probably...

Wow talk about bad luck... this would be Concert's 3rd attempt at launching a project here. They attempted in 2020 as a rental - covid hit Then in 2023 they tried to launch project as a condo - market tanked

Does anyone know when construction is expected to start? Wondering when I should sneak in my last drink at Pennies ;) I spoke to the city planners on file a few weeks back and they noted that this project has not yet received it's full zoning approvals. The link to the development application...