smably
Senior Member
From Norm Li's Instagram:
"Over the course of seven acquisitions, owner Allied REIT has assembled a contiguous parcel of land of nearly 2 acres. Allied REIT partnered with [@torontonaiop] to offer 35-49 Front Street East and 54-70 The Esplanade, Toronto as the subject site for the 2020 Development Challenge. The Esplanade Assembly represents an irreplaceable development site of scale and character in the heart of downtown."
No idea whether they have any serious intentions of redeveloping this site in the foreseeable future, but it sounds like they do consider it to have redevelopment potential.
"Over the course of seven acquisitions, owner Allied REIT has assembled a contiguous parcel of land of nearly 2 acres. Allied REIT partnered with [@torontonaiop] to offer 35-49 Front Street East and 54-70 The Esplanade, Toronto as the subject site for the 2020 Development Challenge. The Esplanade Assembly represents an irreplaceable development site of scale and character in the heart of downtown."
No idea whether they have any serious intentions of redeveloping this site in the foreseeable future, but it sounds like they do consider it to have redevelopment potential.