Toronto Auto BLDG | 54.86m | 10s | Castlepoint Numa | a—A

One of the best pieces of news in the article is that Mocca is expanding with a semipermanent presence (20 year lease with 20 years more as an option) to this building. That kind of stability is necessary to build a truly great institution - and the space is certainly fantastic. Will be sad to have Mocca out of action for 2 years (they are closing in August), but they are going to use Castlepoint and City property to do pop ups around the city, which could be interesting in and of itself.
 
http://globenewswire.com/news-relea...d-Use-Development-With-Castlepoint-Group.html

Greybrook Closes a $22,400,000 Equity Financing for a Mixed-Use Development With Castlepoint Group

July 06, 2015 12:40 ET | Source: Greybrook Securities Inc.

TORONTO, July 6, 2015 (GLOBE NEWSWIRE) -- Greybrook Securities Inc. and Greybrook Realty Partners Inc. are pleased to announce the successful closing of a $22,400,000 equity private placement offering of units of the Greybrook Bloor West Limited Partnership and the Greybrook Bloor West Trust.

Proceeds from the private placement will be used to purchase an interest in an eight acre property located in the Junction Triangle neighbourhood of Toronto, Ontario and to fund the development of a mixed-used project on the acquired parcel. The development plan for the project calls for the construction of 665 residential condominium units and townhomes, and up to 550,000 sq. ft. of commercial retail and office space.
 
COuple screencaps from this PDF: http://dealblog.ca/wp-content/uploads/2015/09/LowerJCT_Full.jpg
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From the Globe:

http://www.theglobeandmail.com/arts...new-name-location-and-vision/article29415861/

On top of the name change, the footprint has expanded a bit as well:

Plans unveiled Tuesday call for the construction, by the end of 2020, of a site-specific building, currently dubbed MoCA II, directly across the street from Tower. The new building will complement Tower (a.k.a. MoCA I) with an additional 6,800 square metres of space. This reflects the museum’s belief that it can attain 400,000 visitors a year in fairly short order – a far cry from the 40,000 or so that MoCCA averaged annually at the now-closed Queen West location. And of the projected total of close to two million visitors between 2017 and 2022, an estimated 10 per cent or more are expected to be out-of-country tourists.
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AoD
 
Two new threads have been created, one for West TWNS. and one for Museum FLTS. The posts related to those two phases have been moved to those threads. This thread is being renamed for the marketing name for this building, Auto BLDG. plus the new name of art gallery going in here, MoCA.

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