Toronto

Peter and Adelaide | 152m | 47s | Graywood | BBB

urbandreamer

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BuzzBuzzHome is reporting that the Target Park parking lot--both Adelaide & Peter Street frontages--including the two older buildings at 350 & 352 Adelaide Street West--has been sold to Graywood Developments Ltd.

Perhaps Mod Developments is teaming up with Graywood for another highrise condominium project similar to their arrangement at Five St Joseph? Maybe we'll get another HPA building?

Not certain if the night club north of the Perkins Mansion/Zupa's is part of the deal.


Let's hope they can save


Interestingly, I was about to do a fantasy sketch for this site, with the building on stilts like at OCADU over the two heritage buildings.

Looks like there's room for two towers--40 storeys on Adelaide and 36 storeys on Peter?
 
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neuhaus

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I thought this could be part of the Peter & Richmond development that Fortress/Carlyle is working on directly to the north.
Though it looks like there is enough room for multiple towers on this block, the Templar Hotel will probably be surrounded on three sides with this development if Greywood acquires the building on the NW corner of Peter & Adelaide.
 

ThomasJ

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why would you randomly suggest that MOD is involved?

BuzzBuzzHome is reporting that the Target Park parking lot--both Adelaide & Peter Street frontages--including the two older buildings at 350 & 352 Adelaide Street West--has been sold to Graywood Developments Ltd.

Perhaps Mod Developments is teaming up with Graywood for another highrise condominium project similar to their arrangement at Five St Joseph? Maybe we'll get another HPA building?
 
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urbandreamer

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^Not randomly: MOD hooked up with Graywood at Five.
Five St. Joseph | Urban Toronto
urbantoronto.ca/database/projects/five-st-joseph
Five St. Joseph condos Toronto. Developed by Graywood and MOD Developments. Designed by Hariri Pontarini Architects, interiors by Cecconi Simone
 

ChesterCopperpot

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BBB Architects will be working on this
 

ChesterCopperpot

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Yes - I saw a render that resembles that
 

ChesterCopperpot

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ChesterCopperpot

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In the plans I saw - both those buildings will go - the Templar and the old building on the corner will remain at the intersection
 

ProjectEnd

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I would also love to see these buildings stay but the problem is that the land underneath them is just as valuable as the air above. Retaining the buildings means one cannot dig below them (without great difficulty) and utilize the site to its fullest. It's incredible (and somewhat maddening) the degree to which redevelopment schemes are dictated by an efficient parking layout.
 

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