Midtown Urbanist
Superstar
It appears that Starlight Investments purchased the townhouse block on Engelhart Crescent from KingSett back in 2020.
How does that impact this project out of curiosity.It appears that Starlight Investments purchased the townhouse block on Engelhart Crescent from KingSett back in 2020.
The current active development application is tied to the property not the ownership group, so it in effect changes nothing for the moment. Once the zoning and official plan amendments are approved however, Starlight Investments can proceed with a site plan approval application for Block E (the townhouse block) on their own timeline separate from KingSett (actually they could do this without waiting for amendment approvals as well).How does that impact this project out of curiosity.
Thanks for clarifying... Can't even imagine what Eglinton East from Leslie to Warden will look like in 5 years. MIND BLOWNThe current active development application is tied to the property not the ownership group, so it in effect changes nothing for the moment. Once the zoning and official plan amendments are approved however, Starlight Investments can proceed with a site plan approval application for Block E (the townhouse block) on their own timeline separate from KingSett (actually they could do this without waiting for amendment approvals as well).
In theory they could also resubmit for a new zoning by-law amendment if they wanted to change the townhouse proposal on Block E to a high-rise project, but that is unlikely to be the plan and unlikely to be approved by City Planning.
I think it'll take a little longer than five years to see a major change. In five years, a few towers will be under construction and a few from the earlier phases of the Crosstown community might be complete. But most of the proposals will still be working their way through the approvals process. I'd say give it 10-15 years.Thanks for clarifying... Can't even imagine what Eglinton East from Leslie to Warden will look like in 5 years. MIND BLOWN
It will be the same is 5 or 10 years like it is today as only various pockets will develop. Even in 20 year, you may see 50% of that area redevelopThanks for clarifying... Can't even imagine what Eglinton East from Leslie to Warden will look like in 5 years. MIND BLOWN
I think 20 years is pushing it TBH... I think in 10 years (by 2032) Eglinton from Leslie to Warden will be significantly different. By then the Ontario Line will be functioning and as well as Crosstown Extension to the airport.It will be the same is 5 or 10 years like it is today as only various pockets will develop. Even in 20 year, you may see 50% of that area redevelop