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I visited this food hall the other week and have a few quick thoughts. The food options are good and the overall look/feel, materiality and the restoration is quite beautifully done. However, the layout and circulation I found uncomfortable. They put all the food vendors in the middle of the...

Good call. I know No Frills are exploring this new smaller format. Would you happen to know the total size of the retail space at 75 esplanade?

And the retail space looks to be leased finally. To be a No Frills. I assume this is to replace the one at King/Princess? Or is this in addition to...?

Not to mention they already have the Grainer and Sanderson at King-Princess...

CreateTO is certainly posting more about it

Price is $18.1m for the properties

An update from Emblem on construction status here - "EMBLEM's Design District Reaches New Milestone! Every day, over 120 construction professionals bring their skill and hard work to The Design District site, turning plans into forever homes. With the foundation for all towers (A, B, and C)...

The developed isn't applying a tower setback to the "station renos". The land on which the station renos sit are designated as neighbourhoods. Tall building guidelines and city staff require 20m setback from a tower to a neighbourhood designated piece of land. You raise a worthwhile question...

Not to trivialize your feelings RE: this, but wonderful use of the word umbrage

This is getting quite the bump up from the OLT. Now at 52 stories

Good question. I'm not 100% sure. The patch of grass to the east of 250 looks to be designated as neighbourhood and not a park in the OP. But in TOmaps it shows up as green space?? A very rudimentary and simple explanation would be that the city requires a 20m setback from a tower to a...

Macroeconomic conditions are tough right now with high rates. Lots of product out on the market and lots of new product currently on the market and soon to be (from developers like Tricon, Fitzrovia, Allied/Westbank). Things are still moving, albeit slowly. Tricon's rentals in the West Don...

I notice now that they pulled the southeast end of the building by 1.5m as the city was concerned about the streetwall condition and impact to Vilnus Manor. The efficiency of this building must be in the low 70s with a tower floor plate of 392m2. Per tower floor they are about 77%

I still am curious how the city will treat the 12.5m setback from tower to the neighbourhoods. They haven't compromised on this for years - unless something changed in the last few weeks. The only other relevant cases I can think of include 1366 Yonge and 2475 Dundas - where less than 20m is...

Some additional info here on acquisition on RENX - https://renx.ca/leader-lanes-mid-rise-development-strategy-is-simple-avoid-rezonings "Our corporate strategy for pursuing development projects in our mid-rise program is to pursue developments sites, and development proposals, that do not...

Yup. For the $ ask (QuadReal picked it up for $24m), midrise didn't make sense here. Needed a tower of about 20ish stories to make the math work as NL notes, which is probably why there were so few bites since 2017. Most likely post office + 1266 Queen providing some form of precedent for tower...

They made this applicant submit a Block and Context plan for a 6 storey main street infill... ?

JV = Joint Venture TAS is definitively feeling the pinch as well. They laid off 25% of their staff a few weeks back as per their latest impact report. They spent a lot on 880 Eastern - I think over $20m. They were/are looking to do condo there though. The market has turned with high interest...

Silver Hotel has no intent to build this anytime soon. They just renovated the Novotel last summer and they don't really have the experience to build a massive residential condo And Republic doesn't really have a track record of construction, so I doubt they'll do it. They would also have to...

A 25% IRR for rentals in todays market? Where do I sign up?