While we wait for more info, (we are looking into it further), I think one can assume that the new school—which is to be built on the site of the closed Brockton High School, would be ready before they tear down Bloor Collegiate. No word anything happening to Kent PS just yet.
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The press release states that there will be 'new community space' 20,000 sq ft to be approximate.... A new high school on the former Brockton lot, consolidating Bloor Coll. and tenants into the new building. Then below it says "mixed use development". So at this point it is very vague. Does mixed use development mean " 3 residential towers, and 1 office tower ?" Would they demolish all the existing structures on site ? I assume so.. as this is a joint venture between CD Capital and TDSB. TDSB will be overseeing the development and grant options to CD on their mixed use plan. So some portions would need to be developed on this large site.
However, still no solid idea on the fate of Kent PS. (aka German School / Art Space / Adult Education / Special Education tenants.
My friend is definitely stressing at this point, because they intend to purchase a condo / home within walking distance to the school. If the School is evicted and forced to move out, where would they go ? If they move up and away, then my friend is in deep Sh*t with his home location. Currently, the building is leased until 2018... so its only 1.5 years until they would need to extend the lease, or get evicted afterwards, depending on the development timeline