C-mac
Senior Member
I noticed there's scaffolding on the building. Does anyone know what that's about?
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I noticed there's scaffolding on the building. Does anyone know what that's about?
Toronto Metropolitan University has just purchased two key properties from the city of Toronto that will link the downtown campus to Yonge-Dundas Square.
Toronto-owned properties at 277 Victoria St. and 38 Dundas St. E. have been sold by city agency CreateTO to Toronto Metropolitan University (TMU), according to an agreement announced this morning.
This sale is a result of Toronto City Council’s directive in April 2022 to unlock the potential of City-owned office assets suitable for repurposing or redevelopment as part of the ModernTO Workplace Modernization program. The proceeds from this sale will contribute to the City’s city-building priorities, such as the development of new affordable housing, while also benefiting TMU and its long-term growth plans.
“Through the ModernTO program, we are optimizing and modernizing the City of Toronto’s office space – this is the right and responsible thing to do,” said Toronto deputy mayor Jennifer McKelvie. “This transaction with Toronto Metropolitan University will help expand and revitalize the school’s campus. At the same time, the funds are put back into ModernTO to help support the delivery of affordable housing and other key city-building initiatives that are desperately needed.”
There was some discussion of turning the building at 38 Dundas St. E., at a key intersection at Yonge-Dundas Square into a music incubator in 2015. The site was expropriated in the ’90s to make way for redevelopment of the square.
Coincidentally, the building at 38 Dundas St. E. has been identified as being more than 100 years old and the one-time residence of Rev. Dr. Egerton Ryerson and the Ryerson family, for whom the university was once named. The university adopted its current moniker in April 2022.
A Toronto Metropolitan University press released stated that the purchase offers a strategic opportunity to support campus expansion and revitalization efforts, while enhancing the university’s presence at one of the busiest intersections in the country — Yonge-Dundas Square.
“We are delighted to have acquired these two properties. The addition of over 115,000 square feet of space creates countless possibilities for academic, research, creative and entrepreneurial initiatives,” said Mohamed Lachemi, President and Vice-Chancellor, Toronto Metropolitan University. “The location will provide another vital connection point between our campus and the city; I’m looking forward to working with our community over the coming months to develop plans for the future of these sites.”
And the TMU press release is hereNews Release
June 12, 2023
City of Toronto ModernTO program advances through Toronto Metropolitan University purchase of two CreateTO sites
At last, TMU will have a "face" on YD Square - really marking the entrance to the University.The purchase provides a pivotal opportunity to support campus expansion and revitalization, and increase TMU's public realm contributions and impact. “We are delighted to have acquired these two properties. The addition of over 115,000 square feet of built space creates countless possibilities for academic, research, community supports and creative and entrepreneurial initiatives,” says Mohamed Lachemi, TMU’s president and vice-chancellor. “The location will create another vital connection point between our campus and the city. I’m looking forward to working with our community over the coming months to develop plans for the future of these sites.”
Fair enough.As a condition of the sale, a leaseback to the City of Toronto has been established between TMU and the City for a period of two years, allowing current occupants to remain in the building until the spring of 2025. This provides time for the occupants in the 277 Victoria St. building to finalize long standing plans to relocate, and extends the City’s oversight for these properties and all operations from spring 2023 until spring 2025.
And the TMU press release is here
At last, TMU will have a "face" on YD Square - really marking the entrance to the University.
Fair enough.
Agreed - and not managing to get ownership of the 355 Yonge plot either...The discussion of improving public realm here is a curious one; maybe right at the Dundas frontage, but Victoria has already been done in pavers etc that blend with pedestrianized Gould.
I would argue the leading public realm problem in the interior of TMU's campus is this:
View attachment 488952
The problem w/tearing it down is of course than the 'The Tenor' is partially built on top of it, in particular, the cinemas.
Still, demo'ing this hulking piece of....... is surely a key to making the public space here work better.
Tender | Solicitation number: | Doc4277122039 | ||
Commodity: | Construction Services, Demolitions | |||
Description: | Request for Tenders for the Building Demolition Project Located at 38-40 Dundas Street East, Toronto Request for Tenders for the Building Demolition Project Located at 38-40 Dundas Street East, Toronto | |||
Issue date: | November 3, 2023 | Closing date: | November 23, 2023 at 12:00 Noon | |
Notes: | Attachment | |||
Pre-bid meeting: | .1 Mandatory Site Meeting .1 Suppliers are required to attend a mandatory site meeting to familiarize themselves with the Project and ascertain the full extent of the Work required. The mandatory site meeting will take place at 10:30 am local time on November 13, 2023 at 38 – 40 Dundas Street East, Toronto. Site meetings will not be available at any other times. Please be on time for this meeting. .2 Suppliers must sign the attendance sheet at the mandatory site meeting during the designated date and time for their Bid to be considered. .3 Bids submitted by Suppliers that do not attend the mandatory site meeting or fail to sign the attendance sheet shall be declared noncompliant. | |||
Buyer: | Parker, Max | Phone number: | 416-397-7251 | |
Email: | Max.Parker@toronto.ca | Location: | City Hall, 19th Floor West Tower | |
Scope of work: In general, the scope of work of this project includes the demolition of the building at 38-40 Dundas Street East, including footings and foundations, cap and disconnection of incoming/outgoing services, temporary works and backfill of the excavation upon completion Please see Ariba link below for more details: https://discovery.ariba.com/rfx/17912425 |