Toronto Forma | 308m | 84s | Great Gulf | Gehry Partners

[urbanexplorer]

Very "as per my last email" vibes, lol

Sorry if thats the vibe but they literally asked if they were the "the only one that doesn't like the design of the towers?" and the answer is no lol. It was debating in depth over the last few weeks a page or two back. Lots of opinions similar and opposite.

 

[Undead]

Very "as per my last email" vibes, lol

Yes, because the damn HR Jessica chose not to understand the first time LOL

 

[MichelleBrozovic]

It's as Gehry as possible, under the circumstances.

Well, if there's a thing...yeah, I agree fully and wholeheartedly.

 

[jackattack]

A few massings showing the skyline impact from various viewpoints ('Forma' in blue):

From above Queens Quay

From above Spadina/Queen:

Looking east from above Bathurst/Richmond:

Looking southwest from above University/Queen:

Looking south from above Spadina/College:

 

[Alessothegreat]

View attachment 396943



Here's the proof it will be launched in June.

Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.

 

[khaldoon]

Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.

Actually I would consider that relatively cheap. The cheapest unit at Concord Sky (~330 sf) is advertised as starting at the 800’s (plus ~200k for parking and ~20k for locker!)

 

[Bjays92]

Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.

Yea this seems more than reasonable especially for a development like this. I'm very surprised.

 

[Kenojuak]

Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.

A lot cheaper than any house, semi, or townhouse in the City... and this is a centre ice location. Not sure why people whine about new sub-$1-million homes beside jobs, restaurants, transit, parks, etc. in the heart of our country's main city. This is a lot more housing than is on site right now (none).

 

[AnnetteMeetsJane]

Actually I would consider that relatively cheap. The cheapest unit at Concord Sky (~330 sf) is advertised as starting at the 800’s (plus ~200k for parking and ~20k for locker!)

But how are normal people expected to save up 160k plus closing costs on top of their living expenses, when 25% of the working population are making less than 70k a year?

 

[dougtoronto]

tbh i was hesitant about the design too but i was recently in LA and saw the residential towers gehry designed by the walt disney concert hall and was surprised by how well this stacked silver cube design worked

 

[Kenojuak]

But how are normal people expected to save up 160k plus closing costs on top of their living expenses, when 25% of the working population are making less than 70k a year?

I agree that this is an issue. I don't know what the answer is. Might involve subsidy, co-ops, affordable housing development, renting, creating so much supply that rents and sale prices fall or at least stabilize against incomes, etc. Not sure honestly.

However my point was that these new condos starting at $800K at a truly central location are much more financially accessible to more people than the existing old housing stock in Toronto's neighbourhoods (houses, semis, towns, etc.) which are Toronto's actual luxury housing, not new condos.

 

[argus]

^Exactly. There is nothing out of line with the pricing given the location.

And yes, the present housing problem is not going to be solved with one solution.

 

[egotrippin]

I think some of you are way out of touch, especially since that's a starting price for what I'm guessing will be studio units. $800k is far from accessible for a large portion of the population, especially those just trying to get into the market without any previous equity or financial help from the bank of mom & dad.

 

[urbanexplorer]

I think some of you are way out of touch, especially since that's a starting price for what I'm guessing will be studio units. $800k is far from accessible for a large portion of the population, especially those just trying to get into the market without any previous equity or financial help from the bank of mom & dad.

I mean let's call a spade a spade. This is going to be a prestige project for upper income earners only. It's not going to do a thing about housing affordability.

 

[KhalilHeron]

I think some of you are way out of touch, especially since that's a starting price for what I'm guessing will be studio units. $800k is far from accessible for a large portion of the population, especially those just trying to get into the market without any previous equity or financial help from the bank of mom & dad.

Don't think anyone is arguing that the prices are just or accessible, but rather that they are pretty standard and excepted. Unfortunately developments of this caliber aren't designed to be accessible to the general population or for those just getting into the market.