- Jan 12, 2009
- Reaction score
- Willowdale 150 Canada
Regus is taking the second and third floor. So office rather than retail here.
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Getting office space here certainly is good news!
3rd floor is only Yonge frontage being office; rear is residential condo
2nd floor ceiling height is huge even for office, comparing it to GibsonSquare next door, you could actually squeeze in a retail and residential floor!
Since we’re now getting office space here VS retail, I’m wondering of there’s someway EllieCondo to the north can get some “office credit” for it? The shorter of EllieCondo 2 tower was to be Centrium’s hotel but had to remain Commercial so G-Group EllieCondo converted it to Office-Condos. Then Ontario Liberal’s foreign ownership tax tanked that Office-Condo market which is why I suspect G-Group bailed and sold off to another developer. If the new developer were to somehow get some of Beacon’s “office credit” then EllieCondo instead of building 11-storey of Office-Condo might only be required to build 7 storey with 4-storey of residential condo (smaller footprint Vs Beacon) making it more marketable for new developer,.....