Toronto 1087 Yonge | 120.1m | 35s | Zinc Developments | a—A

[ADRM]

The price guidance on this and a couple other of the Zinc sites has been (and as last I heard) truly ridiculous.

 

[Paclo]

Application Details

www.toronto.ca

New submission (still designed by a—A for Zinc) for a 35-storey mixed-use condo + retail with 235 residential units

 

[Amare]

Oh boy...

 

[AlbertC]

That's okay, as long as this is held by Zinc nothing is getting built.

 

[ADRM]

Just about every developer in the city has been asked to buy this...

 

[J Martin]

Did they get the approval for this height? If this goes through (and with Zinc it's doubtful) why didn't 1140 Yonge (which is a much nicer project) get its original height approved? 1140 got chopped down three floors which aggravates the classical proportions of it. Meanwhile this charmless, architects-Alliance filing cabinet of a bollard goes through??

 

[ProjectEnd]

They've only submitted. No approval.

 

[Paclo]

Development context perspective of the new 35-storey design:

(Pumpkin is this proposal, spearmint is approved, cerulean is under construction and sockeye salmon is conceptual)

 

[Northern Light]

^^^ I see the AIC is working for @Paclo clearly......he knows someoene.... LOL

(Its been down most of the day)

On the pumpkin: Can we hope it will turn into Cindarella?

 

[PrestigeWorldwide]

Hey @AlbertC ....awhile back now.........you were reporting on all the Zinc sites for sale............most of them still appear on the Zinc website., including this one.

Did any of the site's sell?

The site has sold.

 

[Tormick]

The site has sold.

To who?

 

[DF416604]

To who?

Generation Capital for $35M.

 

[Northern Light]

Generation Capital for $35M.

Interesting. This isn't the first site they've picked up. They seem to making an aggressive play into the market taking advantage of the financial situation of more challenged players.

Not imprudent.

I wonder what thoughts @ProjectEnd might have.

 

[ProjectEnd]

Interesting. This isn't the first site they've picked up. They seem to making an aggressive play into the market taking advantage of the financial situation of more challenged players.

Not imprudent.

I wonder what thoughts @ProjectEnd might have.

$189.60 on current, unapproved GFA. Pretty incredible LOL there. Generation have [a lot of] money, but then there's just being stupid with it...

 

[Tormick]

$189.60 on current, unapproved GFA. Pretty incredible LOL there. Generation have [a lot of] money, but then there's just being stupid with it...

Seems excessive...