Toronto Grand Central Mimico | ?m | 37s | VANDYK | Kohn

[WislaHD]

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[AlbertC]

Grand Central Mimico:

Vandyk Properties – A Leading City Builder

Vandyk Properties is a privately owned real estate development and investment management company with over 40 years of expertise in the North American real estate property sector. We engage institutional and private capital partners with an investor first perspective, while maintaining...

vandyk.com

GRAND CENTRAL MIMICO

Introducing The Buckingham, The First Phase At Grand Central Mimico.

grandcentralmimico.com

 

[mondomarco]

Looks like work is beginning in Mimico at Grand Central by the Mimico GO station!

 

[AlbertC]

Putting up marketing signage first is normal. Although work won't start right away until they have sales and permits in place.

 

[AlbertC]

VANDYK has big plans for Grand Central Mimico in Toronto

VANDYK Properties is master-planning a new transit-tailored community called Grand Central Mimico in the Toronto suburb of Etobicoke. The project is located in The Mimico Triangle area of south Etobicoke, which has been recognized as a priority regeneration area by

renx.ca

VANDYK Properties is master-planning a new transit-tailored community called Grand Central Mimico in the Toronto suburb of Etobicoke.

The project is located in The Mimico Triangle area of south Etobicoke, which has been recognized as a priority regeneration area by the City of Toronto. VANDYK is the majority landowner of the 55-acre site, with Freed Developments also holding a significant stake.

VANDYK started assembling its properties in the area from different existing landowners in 2017 and received the final rezoning approvals for its mixed-use development plan late last year. Vice-president and managing director of real estate Sherman Chan said the Mississauga-based company’s aggregate land acquisition cost for the Grand Central Mimico assembly was approximately $150 million.

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Plans for Grand Central Mimico​

The privately owned real estate development and investment management company, founded by president and chief executive officer John Vandyk, plans for 2.5 million square feet of development for the site, which will be built in three phases.

It will span more than four city blocks and include nine towers, anchored by more than 1.85 million square feet of new residences.

The first phase will include: 765 condominium units; approximately 20,000 square feet of retail space, including an urban grocery store and restaurants; and approximately 30,000 square feet of office space. The commercial components will be in a podium underneath the residences.

Decisions are still being made about suite mixes, sizes, pricing and internal amenities. VANDYK is building a presentation centre it hopes to open in late January or February to launch condo sales.

The second and third phases will also be mixed-use, primarily residential, with 2,500 condo units and a new Mimico GO Transit station.

“There will be a green way that traverses people to and from this new neighbourhood in Mimico and connects them to other neighbourhoods like Mystic Point and the commercial area off of Royal York,” said Chan. “People are looking for a little bit more space and that’s an offering that we can provide here.”

 

[Northern Light]

VANDYK has big plans for Grand Central Mimico in Toronto

VANDYK Properties is master-planning a new transit-tailored community called Grand Central Mimico in the Toronto suburb of Etobicoke. The project is located in The Mimico Triangle area of south Etobicoke, which has been recognized as a priority regeneration area by

renx.ca

That's a vast increase in capitalization compared w/their earlier projects, or so it seems to me.

Over 3,200 units!

And a 150M spend on land acquisition alone!

Surprisingly small foot print, at least that I can discern, about 3.3ha or ~ 8 acres

 

[AlbertC]

That's a vast increase in capitalization compared w/their earlier projects, or so it seems to me.

Over 3,200 units!

And a 150M spend on land acquisition alone!

Surprisingly small foot print, at least that I can discern, about 3.3ha or ~ 8 acres

Making mountains out of molehills in Mimico.

 

[AlbertC]

Vandyk Properties on Instagram: "@GrandCentralMimico is Toronto’s new transit tailored community that will support a vibrant public realm, redefining the conventional understanding of Toronto’s geography, with connectivity at the forefront of design.

55 likes, 6 comments - Vandyk Properties (@vandykproperties) on Instagram: "@GrandCentralMimico is Toronto’s new transit tailored community that will support a vibrant pub..."

www.instagram.com

 

[Undead]

I'm looking forward to the sprawl being redeveloped between this site and HBS. With First Capital's proposal, HBS and Mimico can become one super cluster. *density freak on🤪*

Grand Central Mimico:

Vandyk Properties – A Leading City Builder

Vandyk Properties is a privately owned real estate development and investment management company with over 40 years of expertise in the North American real estate property sector. We engage institutional and private capital partners with an investor first perspective, while maintaining...

vandyk.com

GRAND CENTRAL MIMICO

Introducing The Buckingham, The First Phase At Grand Central Mimico.

grandcentralmimico.com

View attachment 275137

 

[interchange42]

I'm looking forward to the sprawl being redeveloped between this site and HBS. With First Capital's proposal, HBS and Mimico can become one super cluster. *density freak on🤪*

South Etobicoke, soon to be the Centre of the Centre of the Universe! Rock!!!

42

 

[Northern Light]

South Etobicoke, soon to be the Centre of the Centre of the Universe! Rock!!!

42

You mean it isn't, already?

 

[interchange42]

You mean it isn't, already?

I can definitely feel it gravitating this way, a little less so when I take the tinfoil hat off.

42

 

[DopeyFish]

I can definitely feel it gravitating this way, a little less so when I take the tinfoil hat off.

42

that's just the gravitational pull from the combined mass of our parking lots

 

[UrbanDan]

South Etobicoke, soon to be the Centre of the Centre of the Universe! Rock!!!

42

So that's why there are no subway lines in the neighborhood. They are planning to build intergalactic transit hub and don't want to be bothered with old technology 🤣

 

[Undead]

Me checking this thread after my post: https://media1.tenor.com/images/8c38ca9a1ac1e57aa5e611b007141288/tenor.gif?itemid=4066536