Toronto Crosstown Community | 135.02m | 44s | Aspen Ridge | Sweeny &Co

[Marcanadian]

A settlement offer was approved by council in June and details of the LPAT prehearing are now available:

https://www.canlii.org/en/on/onlpat/doc/2018/2018canlii104587/2018canlii104587.html

 

[innsertnamehere]

^According to the NRU, this was approved at the LPAT through settlement.

 

[ChesterCopperpot]

Realnet is reporting that this is now Aspen Ridge - $347million purchase price

 

[interchange42]

Realnet is reporting that this is now Aspen Ridge - $347million purchase price

They bought the entire site?!

42

 

[innsertnamehere]

looks like it judging by that price.

That's a huge project to finance - but I guess De Gasperis family has the money.

 

[ChesterCopperpot]

They bought the entire site?!

42

All 60.518 acres

 

[ProjectEnd]

Lol, $215m in mortgages...

 

[UrbanAffair]

Holy crap that's nuts. They won't hold this long before proceeding with those kind of loan to value ratios me thinks...

 

[PMT]

Celestica sells 60.5-acre Toronto campus for development

The sale of the 60.5-acre Toronto Celestica campus property “is a once-in-a-decade type of deal” says one of the brokers who helped facilitate the transaction. That’s a good thing because it took more than a decade from the company’s first overtures to

renx.ca

 

[AlbertC]

Celestica IBM Building Block 12 (3rd Review) was on the agenda of the April 12th, 2019 Design Review Panel:

https://www.toronto.ca/wp-content/u...sign-DesignReviewPanel-Agenda-12April2019.pdf

 

[PMT]

Crosstown:

Crosstown Community

Crosstown Community

crosstowncommunity.ca

 

[AlbertC]

 

[rudy]

The sign is up at the intersection of Wynford Drive and Don Mills Road . . . expect to see things to change on the ground soon . . . .

 

[Midtown Urbanist]

Is anyone else worried about the townhouse component? Feeling like a wasted opportunity in the making, with the risk of something exceedingly suburban being built.

Instead of townhomes, I would have preferred seeing a product like this lining that internal street network:

R-Hauz

www.r-hauz.ca

 

[Amare]

^I dont know if that would work so well here, but I do agree that townhouse component seems very....off to say the least. It doesn't suit the development well at all.