Toronto 260 Adelaide West | 196.8m | 61s | CentreCourt | Sweeny &Co

That seems high. Probably more in the $15m to $20m range.

Unless prices have completely skyrocketed since I left a few years back.

At only 144 spaces; 15M is north of 100k per parking spot.

I would certainly hope we're not looking at more than that!
 
In addition to the money to build this today, what about future maintenance costs? It might be several decades, but there will come a time where it all needs to be torn out and redone similar to what happened at College Park. Have we not yet learnt that parks above garages are not a good idea?

College Park is exactly the precedent that I had in mind too. No thanks!
 
^^^ Should the city be spending $100 million on this one parcel of land? Why not spend $100 million on the land behind Metropolitan United Church on Shuter instead? Or maybe the city has $200 million and it can buy both? Maybe its budget isn't finite?

Besides the fact the this is nowhere near Met United, there is plenty of parking around Met United and a subway station, which (one sweet day) will also be an Ontario Line and Line 1 transfer station. As a potential park site, the part of the lot that is north of Met United church building, is rather small. It is also owned by United Church. And finally, as the redevelopment potential of the land is limited by height restrictions due to the Orange Medical Helicopter flight path to St. Mike's Hospital. The Church tried to redevelop the site years ago but felt the height limitations made it a non-starter, given the financial goals they had and the lack of developer interest.
 
Besides the fact the this is nowhere near Met United, there is plenty of parking around Met United and a subway station, which (one sweet day) will also be an Ontario Line and Line 1 transfer station. As a potential park site, the part of the lot that is north of Met United church building, is rather small. It is also owned by United Church. And finally, as the redevelopment potential of the land is limited by height restrictions due to the Orange Medical Helicopter flight path to St. Mike's Hospital. The Church tried to redevelop the site years ago but felt the height limitations made it a non-starter, given the financial goals they had and the lack of developer interest.

The site did have a developer, and went through the planning process.

The development did not go ahead, at the time.

There's an entire thread on that, here: https://urbantoronto.ca/forum/threads/toronto-metropolitan-the-114m-37s-lancer-developments.714/

As to size, excluding the existing space at the front of the church, maintained as a de facto park now; and the current buildings, the (mostly) parking area is 0.5ha, or about 1.25 acres.

That's not huge, but it's not such a bad size space for downtown.

Together with the green space fronting the church, the parcel is about 1ha, or 2.5 acres.
 
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The site did have a developer, and went through the planning process.

The development did not go ahead, at the time.

There's an entire thread on that, here: https://urbantoronto.ca/forum/threads/toronto-metropolitan-the-114m-37s-lancer-developments.714/
Yes indeed but it ran up against the Orange flight path issue. The two former senior Ministers of Met United are friends of mine and they related the whole sorry tale to me. It would make a lovely park though. And the Church could use the money. Preserving and maintaining Met United is hella expensive.
 
Yes indeed but it ran up against the Orange flight path issue. The two former senior Ministers of Met United are friends of mine and they related the whole sorry tale to me. It would make a lovely park though. And the Church could use the money. Preserving and maintaining Met United is hella expensive.

So you happen to know why sampling was going on at the north end of the property last year?

As per this post:

 
A report headed to the March 8th meeting of CreateTO recommends (subject to negotiations) the potential redevelopment/disposition of 260 Adelaide West.

Report here: https://www.toronto.ca/legdocs/mmis/2021/ra/bgrd/backgroundfile-164367.pdf

Virtually nothing there, all confidential give or take a timeline leading up to this report.

I'm not overly pleased, and this is why.

1) As a premier City site, the public should have a say in what type/scale of development is contemplated here, BEFORE CreateTO enters into negotiations, not after.

Its unreasonable to present a fait complit to the public and then solicit input.

Clearly negotiations are not going to be in public; but the mandate for those negotiations (what's being considered in general) should be.

2) The site at 229 Richmond, acquired by the City, is being looked at for a park, sitting atop at Green P garage.

It would make much more sense to have the garage under the 260 Adelaide West site and leave the park unencumbered.
 
Given shadowing issues (and assuming one parcel is to be a park and the other high-rise), why would a park be built on the north parcel in the first place?
 
Given shadowing issues (and assuming one parcel is to be a park and the other high-rise), why would a park be built on the north parcel in the first place?

Interesting question.

My first thought was to consider what development my occur south of the Fire Station.

But as it turns out; the building directly opposite is historically designated.

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This has been in the hopper for some time now. Is there not a thread about it already? News story from 2019:

 

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