These are existing condos north of Parkside Village at the corner of Confederation. Amacon Development plans to buy them and tear them down. The new site will be taller than the tallest in Parkside Village.
There will be a change to the property line as Sq One Dr extension is to line up with Elora Dr. That intersection is to become a traffic circle/roundabout. Sq One Dr extension is between the sites
It's unethical to tear down something so large, so recent, with that much embodied energy in it. Surely an intensification of the site could happen without a teardown, this is classic tower-in-the-park after all, and even with an extension of Square One Drive westwards, I can see two potential point tower sites—in the northeast and southwest corners.
^Agreed, and honestly if this is true I dont get the economics of this. Why not build a tower by the existing green lot in the property line, and another potentially by the cul-de-sac?
All of this just seems shortsighted and to be frank, stupid and wasteful.
Just doubling down on @Northern Light's last post, but with a different perspective. Couldnt a high-rise and mid-rise component work just as well on site?
For example (a rough-sketch):
View attachment 322580
So in red, a high-rise tower with a seperate mid-rise building in blue. Im not sure how tower seperation distances come into play with high-rise vs mid-rise developments, but heck I know it would probably be more profitable than razing 2 towers and redeveloping them.