Northern Light
Superstar
I don't think I posted this one previously, if I did, I can't find it!
So, First Capital REIT (FCR), is lobbying in respect of the above address, a large strip plaza, anchored by Freshco, at the north-east corner of Lawrence and Midland.
Site as it is:
Aerial:
Site Size: ~2.6ha
Comments:
Site is well leased with solid tenants for the most part. I can't imagine they are rushed on this one, but the area density precedents that exist or are proposed give them a solid framework from which to deliver good pro-forma here.
Potential density would depend, in part on transit upgrades along Lawrence here, and also whether a park of any site is provided in-situ.
That said there is ample room here for 4 towers, and possibly more depending on the site plan and any new public roads dividing the block.
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Further note, FCR has quite the pipeline, we've seen a lot from them lately; and more is coming.
So, First Capital REIT (FCR), is lobbying in respect of the above address, a large strip plaza, anchored by Freshco, at the north-east corner of Lawrence and Midland.
Site as it is:
Aerial:
Site Size: ~2.6ha
Comments:
Site is well leased with solid tenants for the most part. I can't imagine they are rushed on this one, but the area density precedents that exist or are proposed give them a solid framework from which to deliver good pro-forma here.
Potential density would depend, in part on transit upgrades along Lawrence here, and also whether a park of any site is provided in-situ.
That said there is ample room here for 4 towers, and possibly more depending on the site plan and any new public roads dividing the block.
****
Further note, FCR has quite the pipeline, we've seen a lot from them lately; and more is coming.