Toronto 245 Queen Street East | 94.3m | 25s | ONE Properties | Graziani + Corazza

Maybe Doug Ford can get one of his buddies to fix this for the city he loves.
 
196518


Zooming in: is this an archaeological excavation?

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Drilling going on by the auto repair building on Queen. Could be bore holes for a environmental assessment?

Anyone have any thoughts?
 
Report to the next Government and Licensing Ctte on November 2nd.

Approval sought for the City to sell the publicly owned laneway in this block to the developer.

The price, $12,039,000.

Report here:


From said report:

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Also, this is where the money will be set-aside:

2. City Council direct proceeds of sale in the amount of $12,039,000 (exclusive of Harmonized Sales Tax and other applicable taxes), less portion of the proceeds of closing directed to fund the outstanding expenses related to the completion of the sale transaction and closing costs and usual adjustments, be contributed to the Land Acquisition Reserve Fund (XR1012).
 
so what can we expect from this land transaction? is one properties looking at more Density/Height?
 
Also looks as if it is this project is starting to move forward. Hard to imagine they would spend $12 MM if they were not serious.
 

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