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Historic building at 1 Front St. W. up for sale, and it won't be cheap
Dominion Public Building: ‘marquee property’ at 1 Front St. W. could be multibillion dollar ‘megaproject'
The property is zoned "commercial residential" and building regulations would permit a tower up to 137 metres tall.
The site is flanked by recent and planned developments, both residential and commercial, including the L Tower condominium to the east and a proposed 53-storey office tower directly south of the property.
Lamb believes multiple office or residential towers could be built on the site and that the maximum height permitted could be increased since the surrounding neighbourhood consists of mostly tall buildings.
"There are very little limits to the height here. There's no reason this can't be super tall," Lamb said.
http://www.cbc.ca/news/canada/toronto/toronto-government-building-for-sale-1.3929252
Dominion Public Building: ‘marquee property’ at 1 Front St. W. could be multibillion dollar ‘megaproject'
The property is zoned "commercial residential" and building regulations would permit a tower up to 137 metres tall.
The site is flanked by recent and planned developments, both residential and commercial, including the L Tower condominium to the east and a proposed 53-storey office tower directly south of the property.
Lamb believes multiple office or residential towers could be built on the site and that the maximum height permitted could be increased since the surrounding neighbourhood consists of mostly tall buildings.
"There are very little limits to the height here. There's no reason this can't be super tall," Lamb said.
http://www.cbc.ca/news/canada/toronto/toronto-government-building-for-sale-1.3929252