ProjectEnd
Superstar
If they're under 30cm in diameter and are on private property, the owner can do with them what they want. What do you expect?
Toronto 504 Wellington Street West | 49.5m | 13s | Lifetime | Wallman Architects
- Thread starter AlbertC
- Start date
AHK
Senior Member
I believe the trees being referred to are 'in front of the building', and would thus be on City property.
The boulevard is very wide on Wellington between Spadina and Portland, and the buildings are all virtually right at their respective lot lines (except for the 424 Wellington West building, which, if the Brad Lamb redevelopment proposal proceeds, would be relocated to the lot line)..
The boulevard is very wide on Wellington between Spadina and Portland, and the buildings are all virtually right at their respective lot lines (except for the 424 Wellington West building, which, if the Brad Lamb redevelopment proposal proceeds, would be relocated to the lot line)..
pajaro
New Member
Anyone know if/when construction will start on this building?
ShonTron
Moderator
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If anything happens, anywhere worth updating construction-wise, this will be the first place to learn about it. Be patient, my friend, and avoid bumping threads asking about updates.
karledice
Active Member
I prefer the old design with the brick facade...
UrbanAffair
Senior Member
As per Realnet, this site has sold in July 2020 for 19 million to Lifetime. The VTB was very high at 80% of the total, however the rate wasn't far removed from the market rate, so the adjustment for the financing will be limited. The reported buildable here is $325 per sq ft, meaning based on the sale price each sq ft of buildable space cost $325.
Values sure don't appear to have been affected dramatically by the pandemic, at least in this area for development land. Given it is only one sample, but still...
Values sure don't appear to have been affected dramatically by the pandemic, at least in this area for development land. Given it is only one sample, but still...
| Event Date: | 2020-07-02 |
| Land Use: | High Density |
| Price: | $19,000,000 |
| Land Area: | 0.161 acres |
AlbertC
Superstar
Interesting, this would be Lifetime's second development site along this stretch currently. The other being on the southside at 485 Wellington:
urbantoronto.ca
485 Wellington Street West | 51m | 14s | Lifetime | Wallman Architects
Demolition isn't expected right away. The current building at 485-489 Wellington St W is being listed as available for a short term lease, 2 year term or less...
AlbertC
Superstar
Wonder if Lifetime will eventually switch this to their go-to architect Wallman:
Future Lifetime projects
There are plans for a 14-storey, 117-unit condo at 485 Wellington St. W. and a 13-storey, 34-unit luxury condo at 504 Wellington St. W., near Portland Street.
renx.ca
Future Lifetime projects
There are plans for a 14-storey, 117-unit condo at 485 Wellington St. W. and a 13-storey, 34-unit luxury condo at 504 Wellington St. W., near Portland Street.
Lifetime nears finish line at Liberty Village development | RENX - Real Estate News Exchange
Liberty Market Tower, the third and final phase of Lifetime Developments’ 16-year redevelopment project in Toronto’s Liberty Village, is about a year away from completion. Liberty Market Tower follows Liberty Market Building (which contains office and retail space) and Liberty
Amare
Senior Member
^They probably will, and we already know this will be value-engineered to death as well. Whatever comes out of this, it's sure to be cheap and uninspiring.
RZ12
Active Member
You can't cheapen 'Millionaires Row'!
Johnny Au
Senior Member
Eventually, the definition of "millionaire" would include the middle class thanks to inflation.
DavidCapizzano
Senior Member
Not sure if this is real but I hadn't seen it here yet - seems to roughly align with the massing approved at the OMB
www.gta-homes.com
504 Wellington Street West Condos | Platinum VIP Pricing
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www.gta-homes.com
artyboy123
Senior Member
New renderings are updated in the database! The development changed from office & retail building to
The original proposal was previously an office& retail building but now it turned into a residential building. The new architect is Wallman Architect & the new developer is Lifetime Development. Overall building count decreased from15 storeys to 13 storeys. The total building height decreased from 68.88m to 49.5m with a total proposed unit count of 58 units. Finally, the total parking spaces increased from 12 parking spaces to 14 parking spaces.
The renderings are taken from the architectural plan via Rezoning Submission:
The original proposal was previously an office& retail building but now it turned into a residential building. The new architect is Wallman Architect & the new developer is Lifetime Development. Overall building count decreased from15 storeys to 13 storeys. The total building height decreased from 68.88m to 49.5m with a total proposed unit count of 58 units. Finally, the total parking spaces increased from 12 parking spaces to 14 parking spaces.
The renderings are taken from the architectural plan via Rezoning Submission:
Niklas
New Member
How amazingly bland
karledice
Active Member
messy and dissapointing