ProjectEnd
Superstar
Why would CentreCourt want to shave away at the buildable area in their tower?
Toronto 260 Adelaide West | 196.8m | 61s | CentreCourt | Sweeny &Co
- Thread starter innsertnamehere
- Start date
i3uild
New Member
Do they actually own all the land now ? Would be curious to see how the city valued the land in a site they zoned in 1 year with a 20% affordable requirement.
Northern Light
Superstar
Something new is up here............which will delay this project by at least a little bit.
In a report to next week's CreateTO meeting, we see this:
Report Link: https://www.toronto.ca/legdocs/mmis/2023/ra/bgrd/backgroundfile-229883.pdf
Odd to see this after we've already gotten through the Final Approval stage.....
In a report to next week's CreateTO meeting, we see this:
Report Link: https://www.toronto.ca/legdocs/mmis/2023/ra/bgrd/backgroundfile-229883.pdf
Odd to see this after we've already gotten through the Final Approval stage.....
UrbanAffair
Senior Member
This is approved actually, so I went by this property as well as Freed's property across the street to inspect. In both cases tenants are still present, except for Crocodile Rock, which it turns out closed in March due to the pandemic. I didn't realize that, I thought it closed due to development ramping up. The things you learn from on-site inspections.
daptive
Active Member
Croc Rock is part of another development, 240 Adelaide W—also ~200m tall. This development will replace the existing firehall.
DSC
Superstar
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Yes, 240 Adelaide info is at : https://urbantoronto.ca/forum/threads/toronto-240-adelaide-west-199m-60s-freed-as-gg.29853/
3Dementia
Senior Member
@Northern Light
What's your take on CreateTO's mysterious joint venture regarding 254-260 Adelaide West? They are already a partner here with CentreCourt, no?
Do they want a bigger stake to trigger even more affordable units (up from 20%)?
What's your take on CreateTO's mysterious joint venture regarding 254-260 Adelaide West? They are already a partner here with CentreCourt, no?
Do they want a bigger stake to trigger even more affordable units (up from 20%)?
Northern Light
Superstar
UrbanAffair
Senior Member
Oh I know, i was just being lazy and trying to fit two properties in one post/inspection. Freed's site includes the former Croc Rock.
Northern Light
Superstar
A report to next week's meeting of CreateTO is mostly confidential but some details are visible on the advancement of this project.
From the above:
From the above:
Northern Light
Superstar
Report to next week's Executive Ctte meeting seeks to advance this project by formally transferring the site to Build Toronto (A CreateTO subsidiary)
A number of posts related to the new park at 229 Richmond West have been moved to a dedicated new thread for it!
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Northern Light
Superstar
I've been wondering about this one seemingly sitting........... it occurred to me, that I should track down the state of the Fire Hall relocation.
Its in the Capital budget for 2024, this year.
@HousingNowTO
I do not see permits in place for that project, but maybe I'm missing them, there are lots of permits at 55 John St.
I also don't see permits for 260 Adelaide. If they want the project to move apace, at least demo permits should be filed shortly.
Its in the Capital budget for 2024, this year.
@HousingNowTO
I do not see permits in place for that project, but maybe I'm missing them, there are lots of permits at 55 John St.
I also don't see permits for 260 Adelaide. If they want the project to move apace, at least demo permits should be filed shortly.
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HousingNowTO
Senior Member
CentreCourt don't even have this site on their "active" project map today - https://centrecourt.com/projects/
Even with the recent HST-waivers, etc - does 813-units of new-build RENTAL development make sense on that very-expensive development location in Spring 2024..??
Even with the recent HST-waivers, etc - does 813-units of new-build RENTAL development make sense on that very-expensive development location in Spring 2024..??