Toronto 619 Yonge | 237.99m | 70s | YI Developments | Core Architects

There are some elements of the new design that I like, including the crown (sorely lacking in this city) and the retention of the heritage facades (say what you will about their quality, but none of the previous proposals were satisfactory either in the podium levels).

On the other hand:
- The north-south and east-west facades of the building have nothing to do with each other.
- The triangular patterning fails to tie the building together or bring any interest, and can easily be lost in any cost-cutting moves.
- The verticality of the facades could be broken up with at least some visual breaks like in the previous proposal, which was less visually monotonous.

Overall, I think that there are some interesting opportunities to lean into a whole Daily News Building-Neo-Art Deco aesthetic moving forward from this design.
 
This one had its Settlement Offer (from March) approved at the July meeting of Council:

Agenda Item History 2024.MM20.14

Agenda Item History 2024.MM20.14
secure.toronto.ca

The Settlement Offer from March is here:


From the above:

1724273647278.png

1724273669065.png


Arch Plans here: https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-247862.pdf

And here: https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-247863.pdf
 
..YI got to sell lots of units first before "they" can start anything. And assuming this isn't just another zoning exercise.
 
ProjectEnd said:
Who is "start[ing] construction"?
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My point, it's been 20yrs they keep saying this tower or that tower will be constructed, they got even 46-story tower approval then was handed over to Rabba and now this, i am just saying this project will be a very long time to manifest itself as reality and it is always unclear if it will happen.
 
UtakataNoAnnex said:
..YI got to sell lots of units first before "they" can start anything. And assuming this isn't just another zoning exercise.
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I doubt they sold anything, because until August this year they were unclear that they can get city permit. Even now the paper work is at the beginning, they have been very slow. The completion is even worse, they have no idea when they can start. Usually sales happen when they have an idea of when the construction can start.
 
Developers have sold units before without zoning approval and they are pretty good estimating the length of time zoning approval takes. YI developments may not be into developments at all. The one plus two years out for ground breaking is optimistic even if we consider a fully recovered condo market by then.
 
maestro said:
Developers have sold units before without zoning approval and they are pretty good estimating the length of time zoning approval takes. YI developments may not be into developments at all. The one plus two years out for ground breaking is optimistic even if we consider a fully recovered condo market by then.
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'YI Developments' is Colliers pre-zoning to inflate their offering. It's a shell corp created to get the entitlements through to the inevitable market offering. We've got a lot of market ground to recover to the point where a 70s tower is a palatable purchase. This ain't happening any time soon.
 
ProjectEnd said:
'YI Developments' is Colliers pre-zoning to inflate their offering. It's a shell corp created to get the entitlements through to the inevitable market offering. We've got a lot of market ground to recover to the point where a 70s tower is a palatable purchase. This ain't happening any time soon.
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You know, I wrote a response to this, that while entirely complimentary to PE, still probably said too much, despite my caution, which is why it got re-thought.

***

So let me bring things to this.............PE is more than knowledgeable, and more than insightful. While not right 100% of the time (neither am I); he comes damn close.

Oh, and to be clear...........he's right on point here.
 
Tower's roof is too good to be true for one...

.. and the whole thing seems to be aimed for a target that's not planning to pay to develop the design the way it's rendered currently.
 
Northern Light said:
You know, I wrote a response to this, that while entirely complimentary to PE, still probably said too much, despite my caution, which is why it got re-thought.

***

So let me bring things to this.............PE is more than knowledgeable, and more than insightful. While not right 100% of the time (neither am I); he comes damn close.

Oh, and to be clear...........he's right on point here.
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I still highly doubt they can start this project anytime soon. it reminds me of Eglinton Crosstown project, they had approval for 46, then they decided they want more and so keep scraping one design for the next. Now they have the approval for 70 stories but they soon make changes that city will say go back to the beginning of the line! I doubt they have a clear plan and with inevitable market shift they also change their plans. There is no zoning plan yet, and everything is at the "idea stage"!
Any competent investor will do a bit of research and will releaize this aint a project worth parking your money at
 
dlxhater said:
I still highly doubt they can start this project anytime soon. it reminds me of Eglinton Crosstown project, they had approval for 46, then they decided they want more and so keep scraping one design for the next. Now they have the approval for 70 stories but they soon make changes that city will say go back to the beginning of the line! I doubt they have a clear plan and with inevitable market shift they also change their plans. There is no zoning plan yet, and everything is at the "idea stage"!
Any competent investor will do a bit of research and will releaize this aint a project worth parking your money at
Click to expand...

You seem to be confused as to the nature of the responses to your post.

No one was suggesting work would start sooner than you were mooting.

Rather, the suggestion was that your timeline was more than optimistic.
 
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