Toronto 880 Bay Street | ?m | 44s | Infrastructure ON | WZMH

[sokee]

Oh finally, so what will they build in this site? a 44 storey gov't office as planned before?

 

[ProjectEnd]

Why not go a page or two back and read for yourself? It's all there...

 

[ThomasJ]

Why not go a page or two back and read for yourself? It's all there...

Why not just answer the question? Doing so (in a succinct manner) would have taken the same amount of time as what you ended up writing.

 

[LNahid2000]

Why not just answer the question? Doing so (in a succinct manner) would have taken the same amount of time as what you ended up writing.

Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.

 

[buildup]

Ok. That was good. Really, good.

 

[dob467]

So this is just going to be a parking lot for the foreseeable future?

 

[Automation Gallery]

So this is just going to be a parking lot for the foreseeable future?

Yeah they will probably end up selling it off to a developer

 

[maestro]

The Province isn't that quick to strike real estate assets from their books. This is next to their main office campus too. I wouldn't count on it over the next 50 years. They aren't that hard pressed to make 10? 20? more? millions of dollars.

 

[Automation Gallery]

. I wouldn't count on it over the next 50 years. They aren't that hard pressed to make 10? 20? more? millions of dollars.

Hahaha 50 years, you sure

 

[ADRM]

It will be used as a staging area for what will be a massive and complicated construction project next door, so one can expect the land will be worth quite a bit more than its presumably already substantial present value in a decade or so.

 

[maestro]

[

Hahaha 50 years, you sure

Why not. There's enough precedence.

 

[maestro]

It will be used as a staging area for what will be a massive and complicated construction project next door, so one can expect the land will be worth quite a bit more than its presumably already substantial present value in a decade or so.

Unfortunately, the province declared many of their Bay Street sites here surplus and sold them off when they were worthless 20 years ago. This one is too well positioned for future considerations to sell it for what amounts to pennies just for the 2017 deficit. Stranger things have happen and I'm sure I'll be reminded if AG's hail mary pass is caught. I don't play that way.

 

[Benito]

Today.

 

[Benito]

Today it is coming down.

 

[Light]

What is the "900 Bay renovation project" for which this lot would be the staging ground cited earlier in this string? There's no discrete entry for "900 Bay" in the Buildings forum. For those living in Toronto and have on-the-ground intel, please help an outsider. Thanks!