Toronto 1175 Weston Road & 17 Locust Street | 164.92m | 48s | KingSett Capital | Giannone Petricone

These two proposals have received refusal reports by staff. To be considered at EYCC on July 15

Issues with Massing, Height, Built Form. Interesting how the other two Kingsett proposals just up the street had been approved/settled with (and height didn't seem to be that big of an issue there). Though these here are definitively a bit tighter than the Denarda ones.

I'm not sure what Kingsett's land cost basis is for 1175 Weston + Locust, but I know they're in at about $40/buildable at the Denarda sites. I assume their plan is to sell all 4 of these sites and not build them out. There's going to be a lot of competition for condo sites in this area when the market resurfaces I have a feeling.

1720186884746.png


1720186910445.png




1720186946636.png


1720186959377.png
 

Back
Top