Toronto 642 King West | ?m | 4s | Allied | Sweeny &Co

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642 KING STREET WEST

This property is comprised of a tier-one Class I building situated on 13,939 square feet of land. Built in 1894 for the Mason & Risch Piano Company, the building was renovated and retrofitted in the late 1990s. It is comprised of 29,833 square feet of total GLA and will be vacant on or shortly after closing.

The property is located in close proximity to King Portland Centre, a large-scale intensification project launched by Allied and RioCan earlier this year. Although slightly west of the project, the property is connected to it by a laneway at the rear. Allied and RioCan have acquired the property jointly and intend to upgrade and re-lease it within the next 24 months.
Click to expand...

http://alliedreit.com/property/642-king-st-w/

CBRE Flyer: http://www.cbre.ca/AssetLibrary/BrianPorter-642KingWestFlyer.pdf

Not much happening currently. Building applications for alterations and updates to bring it back to base condition mostly.

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Future:

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Glass is in on the ground floor:

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And work has begun on the carriageway:

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Looks fantastic, exactly as advertised. Fills in a scrubby retail strip on the north side very nicely.

Love a project that changes little outwardly but changes everything.
 
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