Toronto 101 Yorkville | 18.9m | 4s | First Capital | NEUF

[ProjectEnd]

The concept of half upstairs and half downstairs just isn't popular. Ive noticed other retail locations around town where retail spaces NOT at grade seem to struggle. This was a 70's concept that was at that time novel. It will be sad to loose the steps but keep in mind this is private space not public. There does seem to be a pattern where there are wide stairs in a busy 'public' space people are drawn to the stairs on a pleasant sunny day. This does not however make it necessarily a successful retail location.

But to that point, internal pedestrian mews have had just as much difficulty leasing as lower level spaces. You're just replacing one arguably failing retail method with another. How is this better?

 

[modernizt]

Existing setup has serious accessibility issues, and the retail units (at least the ones below sidewalk level) are incredibly limited for floor area and width.

 

[ProjectEnd]

Sure, it's not perfect but there is an elevator. And what's wrong with narrow retail units?

 

[modernizt]

I don't personally have an issue with narrow retail units, but I suspect that it's become problematic for leasing them out. It's not about what I think is right or wrong, it's a matter of what retailers are looking for.

As for the accessibility problem, I imagine most people are entirely unaware of it or simply don't want to have to rely on an old, slow-moving elevator in the middle of the winter, just to go down a level and visit a store that may or may not have what they are looking for.

Again, I'm not saying this is my personal opinion, in fact I think what's there currently is interesting and I frequent one of the businesses there and hope that they don't have to relocate. But you can see how issues of retail unit size and accessibility would lead a developer to propose this change.

 

[ADRM]

And with regard to potential tenants, First Capital has made it quite clear to area stakeholders that their vision for Yorkville is, essentially (and unfortunately), Rodeo Drive. They're pledging very high-end retailers here, in-line with their other holdings across the street from this.

They've let the upper floor of 102 Yorkville to Her Majesty's Pleasure, so hopefully that portends similarly non-Mayfair-set tenants for at least one of the retail units here.

 

[ADRM]

Arch plans are up on the AIC now, too.

Barf-worthy stuff on the signs on this one: "haute", "chic", and "couture."

At least we're looking at some smaller retail units though, troublingly, not the ones fronting Yorkville:

 

[greenleaf]

That's a bit more nuanced in terms of retail, I guess.

(not in the equation, but getting 124 Cumberland in this parcel would have made for a smoother pedestrian transition and could have helped create a really nice courtyard here.)

 

[PMT]

New docs posted November 28: http://app.toronto.ca/DevelopmentAp...4299339&isCofASearch=false&isTlabSearch=false

This has been redesigned:

 

[ADRM]

New docs posted November 28: http://app.toronto.ca/DevelopmentAp...4299339&isCofASearch=false&isTlabSearch=false

This has been redesigned:
View attachment 167095
View attachment 167096
View attachment 167097
View attachment 167098
View attachment 167099
View attachment 167100
View attachment 167101

Well that’s disappointing.

 

[interchange42]

This is maybe less of a modern Diagon Alley and more of a squared-off Toronto approach, and I'm sorry to lose that more exotic aspect of it, but I am happy to have the back lane connectivity to 111 Yorkville now, and even more so, I'm happy to have 99 Yorkville stand proud to the east in the new plan: that building deserves even greater visibility, and this plan gives that to it.

42

 

[Downtown Toronto]

The city development website says the file is closed, did they abandon the project?

 

[ADRM]

The city development website says the file is closed, did they abandon the project?

Apparently they had some difficulties closing on the westerly Victorian, so it's in a bit of a holding pattern for the moment.

 

[pw20]

Apparently they had some difficulties closing on the westerly Victorian, so it's in a bit of a holding pattern for the moment.

I didn't realize they were purchasing 111/113 Yorkville Ave?

 

[AlbertC]

This property is being listed for sale now:

101 Yorkville Avenue - Toronto Urban Retail Team

Lot Size: 19,622 sq. ft. Building Size: 45,620 sq. ft. (gross) Depth: 141-180 ft. Site Description: The Property is improved with a three-storey, multi-unit commercial retail building, with a walk-out basement level and parking garage. The building was originally...

urbanretailtoronto.com

 

[Downtown Toronto]

Any ideas how much it's going for?