Toronto 1540 Bloor West | 91.9m | 27s | Trinity Group | IBI Group

Let's say this lot is worth somewhere in the ballpark of $20M (no idea how far off I am).

grey: the land was purchased for about $6M.

Based on their gross floor area of 277,374 sf (29-storeys and 293 units) , this would mean a price per sf buildable at about $22. Builder may have been getting a bit greedy here if the prices were in the $400/sf...
 
grey: the land was purchased for about $6M.

Based on their gross floor area of 277,374 sf (29-storeys and 293 units) , this would mean a price per sf buildable at about $22. Builder may have been getting a bit greedy here if the prices were in the $400/sf...

Maybe if they don't excavate for a parking garage, and if building materials and labour were free and their loans were at 0% interest...
 
grey: the land was purchased for about $6M.

Based on their gross floor area of 277,374 sf (29-storeys and 293 units) , this would mean a price per sf buildable at about $22. Builder may have been getting a bit greedy here if the prices were in the $400/sf...

Where did you get $6m from?
 
If I were going to write an article on this development, the headline would be...

How to Transform a Giraffe Into an Ostrich...
 
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Uh, it's no more "dilapidated" than the stuff on Sorauren south of Dundas was before it was condo/loft-i-fied. Not that the condo-loft-i-fication is bad for what it is, just that maybe you don't "get it" re what makes such old-school lofts (a diminishing quantity in Toronto) cherishable rather than eyesoreish. (Then again, if you're prone to saying "I'm no socialist", maybe you are to artists what the Entertainment District is to nightlife...)

Wow ADMA, such personal attacks! Rather immature. I reserved my judgement for the buildings and that judgement stands - they are in need of some serious upkeep. As for the lofts on Sorauren, they are, IMO, infinitely better now and still occupied by many an artist - perhaps it's just an artist that makes money doing what they do, because people want to buy, see and actually hear it. :p lol Sorry mods - we're waaay off topic. I'm done.
 
There is a very big difference in the Official Plan between 500 St. Clair and Dundas and Bloor. Bathurst and St. Clair is an established apartment neighbourhood and mixed use area, while Bloor and Dundas is a neighbourhood and mixed-use area. The St. Clair condo was far more in context with the long term plan and existing character of the neighbourhood than Bloor and Dundas. You can see for yourself on the attachment.
View attachment 3479

Yeah...people are also looking at development as a positive thing for their neighbourhood.

People are very happy that we're developing it and they hope that more developers will come in, because it's changing the whole face of the neighbourhood.
http://www.yourhome.ca/homes/realestate/article/774651--st-clair-ave-w-new-life-for-an-old-strip
 
Email from Gord Perks. Attachment is too big to attach here, but is posted here.

"In the final analysis, the proposed structure of 92.5 metres in height at over 16
times coverage is simply too large for the site and inappropriate for the area.

Although I loved this design and think the developer is fantastic, it is not too surprising to see a project turned down at OMB when the proposal is 16x lot area and doesn't have support of the local councillor. I believe even Minto Midtown was only 12x and it's on Yonge Street at a pivotal intersection.

The residents of this community are surely the biggest losers in this decision whether they realize it or not because their property values will likely stagnate as a result.
 
Wow ADMA, such personal attacks! Rather immature. I reserved my judgement for the buildings and that judgement stands - they are in need of some serious upkeep. As for the lofts on Sorauren, they are, IMO, infinitely better now and still occupied by many an artist - perhaps it's just an artist that makes money doing what they do, because people want to buy, see and actually hear it. :p lol Sorry mods - we're waaay off topic. I'm done.

Okay, you *are* yuppie scum. Truly. What next: flush the grubby anarchists out of Kensington? If that's the case, maybe you and Rocco Rossi can be locked up in stocks and have turnips tossed at you by some Red Pepper Spectacle Arts-type bunch wearing Jane Jacobs masks;-)
 
Dear AnnettemeetsJane,

assuming that your UT name isn't just a play on words and that you actually live at Annette and Jane, I'm wondering why you feel the need to weigh in on a building that isn't anywhere close to where you live? As someone who lives with 5 minutes of the site, I think it would have been an amazing addition to the area, even if it doesn't necessarily fit in with the other buildings.

I live at Annette and Jane, which is actually only 10-15 mins. by bike from the site - and not at the other endof the planet as you seem to think. (I actually happen to spend a lot of time in the Bloor and Dundas area as historically that was where we first lived when we came to Toronto. My family uses Keele C.C. on a weekly basis, and we have some involvement in activities at Bishop Marrocco and IRC elementary, but that is beside the point...)
If you look back through the posts you will see that I stated from the outset what my interest in the decision is. A planning decision about the corner of Bloor and Dundas is actually a precedent for every other corner in the city that lies on an Avenue. There are several projects west of Giraffe which also propose tall buildings and I am curious whether the developers will get them through the planning system, and how. Each successful application that includes exemptions to the Official Plan erodes the Official Plan. I am interested in the dynamics of this process.
Please note however: If posters on the forum were confined to commenting on projects within 5 mins. walk(?)of their home it would be a very slow board indeed. Just because you do not agree with a poster does not licence you to start telling them when they may or may not post on a topic!!! Thank you for your interest in my post!

Also, the argument that European cities such as London have density without height is flawed in the sense that these cities have many more subway lines and a much better public transit system than we do. We are forced into buidling density in a limited number of areas, as opposed to spreading it out.

I think that you are thinking about the service in Central London, which is well served by the Underground, buses etc.. Once you get out of the central "downtown" area, Toronto's public transit looks pretty good in comparison. Have you lived in London, or just been a tourist there? London has more lines to spread the population, but the population is 1/3 of the population of the entire COUNTRY of CANADA. Most of the population of London live in low or mid-height buildings. I am sure that one of the transit specialists could produce figures about the numbers of people per mile of subway lines and we could argue round and round with this...but I can't be bothered. Maybe the telling observation is that Londoners generally do not to have cars, and almost never have more than one per family. How many floors of every multiple occupancy building in the GTA are dedicated to housing cars? Remove the four floors of parking from every 16 storey building and you and I might come closer to agreeing about what a disirable building looks like. :)

Why build beautiful, environmentally friendly buildings when we'll always have the Crossways Mall, two used car lots, and abandoned buildings to look at.
Because of the transit links and other desirable features of the area, the value of the land will increase and the car lots and abandoned buildings will be replaced by buildings sooner rather than later. The question is not when, but what replaces the car lots. As I have also said, I like Giraffe as a bulding. However, I also think that successful cities vary in character and texture as you move from area to area. Toronto currently celebrates the diversity of its communities, and if the diversity is valued it is worth encouraging. Erecting random buildings which do not relate to their surroundings on every Avenue corners, will produce the homogenous, characterless sprawl we see in other North American cities. Giraffe, built at Bloor and Dundas, in 20 years would look as out of place as Crossways does now because like Crossways it is out of character and scale with the rest of the buildings in the area. But that is my opinion, and given that Giraffe will not be built in its current form, a hypothetical argument. The OMB, like me, does not agree with you that it would be an amazing addition to the area. Unfortunately for you, the OMB opinion actually counts, for a lot.
I am sorry that your grapes are sour.
AmJ
 
Yeah...people are also looking at development as a positive thing for their neighbourhood.

Development that is sensitive to the context of their neighbourhood, like these examples of appropriate midrise buildings that have contributed to the texture and atmosphere of the neighbourhood.

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The third one is verrrry nice. Pardon my ignorance but, where is it?
AmJ
First one is on Bloor east of the GO Station, the 2nd on Dundas by Wallace. The third on is on Wallace next to the new Brownstone development, the Railpath and walkway overpass. Couple more floors would ne nice.

Still too low in height for The Corner.
 

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