Not today.Is there really enough demand for 2 million sq.ft. of retail in this area?
You're putting a lot of pressure on First Capital over at Humber BayI see what you're saying, but there are new things coming to the area to attract people. There's a theatre/cultural facility, galleria and an eclectic, European vibe that just doesn't exist anywhere else in TO. It doesn't have to have a financial district or considerable office space to be considered a 'downtown', but it looks like a lot of retail will take place here as well as plazas, squares and intimate laneways. It would however compete with East Harbour for sure, because east harbour will be more of everything but with less residential units. In many photos, it does look like it is trying to incorporate a xmas market vibe similar to the distillery district, but In the west end, this could end up like another 'centre' for Toronto. (I.e. Potsdamer Platz in Berlin)
Has Cadillac Fairview built anything since the artful installation of the MMA octagon cage on the roof of their Queen Street HQ?As for East Harbour, i'm very skeptical of Cadillac Fairview in general, but hopefully they come up with a well thought out master plan.
It won't.Isn’t ModernTO/ Toronto drastically cutting office space downtown? How will this affect East Harbour?
ModernTO is a City of Toronto initiative to consolidate City-owned municipal office spaces. East Harbour is a private development project owned by Cadillac Fairview and is not in any way related to what the City has planned.Isn’t ModernTO/ Toronto drastically cutting office space downtown? How will this affect East Harbour?
Nothing is ever done, til it's done.Thank you. I hope you are right. As long as the project still goes ahead, I'll be happy. Think it will be excellent for the area. If some of the proposed commercial space becomes residential instead, that could also work. Was just wondering if covid will significantly alter/ cause them to revisit this plan. Everyone is talking about working from home but I still see several proposals for more commercial buildings downtown. I know TD is completing a massive tower at Simcoe and Front, and the CIBC square buildings look just about complete, to name only a couple.
Does the core keep adding commercial towers over the long run?
I hope the city keeps growing, especially the core. Covid has really paused things.