Toronto 701 Evans Avenue | ?m | ?s

[NW87]

Demolition of the existing structure is underway.

 

[Amare]

Well this is sad, that office building was a little historical gem. While i'm not surprised this is happening because of that building's low utilization rates, in my opinion this really should've been historically designated.

But since that wasnt done, that made it a whole lot easier for this to happen; the re-designation of the entire site (including the old L'Oreal HQ office building, but excluding the TD Banking Branch) to mixed-use from Employment Land. I had no idea this even went ahead, but nevertheless more condos/rentals are coming to the immediate area in the future. Not that I expect that a full 1:1 replacement of office space to occur here at all, but it's cute that the city put it in:

https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-234068.pdf

Here's an image I pulled from the above file:

 

[NW87]

Two weeks ago.

 

[Rimawi]

Two weeks ago.

View attachment 585859

Is the other orange building also getting demolished?

 

[Towered]

 

[Towered]

 

[Towered]

…and poof:

 

[Towered]

So…what was the point of demolishing the grey office building? Where it stood, there is now just a fenced off brownfield. What’s the strategy here?

 

[innsertnamehere]

Eventual residential play, likely, but in the interim the vacancy levels in the building probably meant the lot is cheaper for the landlord to operate than a money-losing office building.

 

[ProjectEnd]

Wasn't this the L'Oreal headquarters for years?

 

[Amare]

Wasn't this the L'Oreal headquarters for years?

They were in the adjacent building that has yet to be demolished.