Toronto Bayside Block R6 | ?m | ?s | CreateTO

[Diablo1983]

I lived in a TCHC building over by Maple Leaf Gardens almost 20 years ago, that (I was told) was part of the Regent Park Phase 1-3, even though it was nowhere near it.

The same could easily be done here. They should just add it to the Quayside plan, since it's right across the street.

Different developers so unless Quayside Impact is going to buy out Hines, that’s not gonna happen.

I bet Hines is kicking themselves for doing T3 Phase 1 on the east lot vs the west lot because they probably could have convinced everyone at this time that more office space isn’t needed and to reallocate the current phase 1 lot to be an L shaped building that made more financial sense to Hines.

Also curious why Hines can’t seem to make it work financially but Quayside Impact is doing it over and over across the street?

 

[TheSix]

Different developers so unless Quayside Impact is going to buy out Hines, that’s not gonna happen.

I bet Hines is kicking themselves for doing T3 Phase 1 on the east lot vs the west lot because they probably could have convinced everyone at this time that more office space isn’t needed and to reallocate the current phase 1 lot to be an L shaped building that made more financial sense to Hines.

Also curious why Hines can’t seem to make it work financially but Quayside Impact is doing it over and over across the street?

If they did this, they'd have an even harder time renting out T3 as the west lot has zero water views.

 

[Diablo1983]

If they did this, they'd have an even harder time renting out T3 as the west lot has zero water views.

Didn’t realize water views were the selling feature - figured people would be working not looking out the windows?

 

[TheSix]

Didn’t realize water views were the selling feature - figured people would be working not looking out the windows?

It was the reason why they selected the East site for the first phase of T3 (heard from a source at Hines).

 

[Tuscani01]

Different developers so unless Quayside Impact is going to buy out Hines, that’s not gonna happen.

I bet Hines is kicking themselves for doing T3 Phase 1 on the east lot vs the west lot because they probably could have convinced everyone at this time that more office space isn’t needed and to reallocate the current phase 1 lot to be an L shaped building that made more financial sense to Hines.

Also curious why Hines can’t seem to make it work financially but Quayside Impact is doing it over and over across the street?

Quayside has a ton of financial support from government. It wouldn't be moving forward either if not for that.

 

[ADRM]

How are they getting 550 units out of this built form? I have to think either the unit count is wrong or they are assuming a different built form than the one that is in that massing model slide.

 

[rdaner]

 

[Diablo1983]

Quayside has a ton of financial support from government. It wouldn't be moving forward either if not for that.

So why isn't the same happening here?

 

[Diablo1983]

How are they getting 550 units out of this built form? I have to think either the unit count is wrong or they are assuming a different built form than the one that is in that massing model slide.

that number has grown by a couple hundred as these “negotiations” have gone on. It was just over 300 originally if I’m not mistaken.