Midtown Urbanist
Superstar
From a week ago, late July
Toronto Regent Park: Daniels on Parliament | 88.25m | 25s | Daniels | superkül
- Thread starter rpnorthdream
- Start date
cd concept
Senior Member
Does anyone know when construction will start on this land ?
AlbertC
Superstar
There's no set timeline yet. But it may possible for construction to start within 2 years or so, based on the typical planning process, and under the assumption that condo sales go on the market beginning next year.
Midtown Urbanist
Superstar
Long weekend. Not much change.
UtakataNoAnnex
Senior Member
The weeds have thickened...
AlbertC
Superstar
A couple aerial massing perspectives from documents submitted in August 2021:
Northern Light
Superstar
So of course @AlbertC 's post above made me go looking to see what's changed here...........
From the Cover Letter submitted in August:
******
In respect of podium and tower heights:
****
the proposed mechanical penthouse will achieve a height of 88.7 metres
There is also an adjustment in respect of providing some outdoor amenity space in lieu of a portion of green roof.
From the Cover Letter submitted in August:
******
In respect of podium and tower heights:
****
the proposed mechanical penthouse will achieve a height of 88.7 metres
There is also an adjustment in respect of providing some outdoor amenity space in lieu of a portion of green roof.
Midtown Urbanist
Superstar
Little late with the upload. From November 21st:
UtakataNoAnnex
Senior Member
There seems an addition of 4 cones since the last shot, along with more weeds...
Midtown Urbanist
Superstar
I'd post a January update, but it looks the same as November
Northern Light
Superstar
i3uild
New Member
Anyone know how Daniels managed to buy this lot? It seems like the most clear cut example of how inept or corrupt CMHC is..
Per realnet the lot was bought for $17m in 2020 with AOR zoning and a confirmed GFA now of 504,084 sq ft .. this would be $35 psf/GFA ... In a market where Daniels is selling condos at $1,100-$1,200 psf.
Why did this "Market Block" not go to Market through a listing agent? it would have sold for at least $100-$150 PSF of GFA providing Toronto Community Housing an additional $30-$55m which I understand they desperately need to deliver affordable units that were originally committed.
Why did council not amend the by-laws to enforce a provision for affordable housing on this block?
What am I missing ?
By-Laws
https://www.toronto.ca/legdocs/bylaws/2014/law0275.pdf
https://www.toronto.ca/legdocs/bylaws/2014/law0274.pdf
Consent to Transfer
http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2020.PH15.9
Per realnet the lot was bought for $17m in 2020 with AOR zoning and a confirmed GFA now of 504,084 sq ft .. this would be $35 psf/GFA ... In a market where Daniels is selling condos at $1,100-$1,200 psf.
Why did this "Market Block" not go to Market through a listing agent? it would have sold for at least $100-$150 PSF of GFA providing Toronto Community Housing an additional $30-$55m which I understand they desperately need to deliver affordable units that were originally committed.
Why did council not amend the by-laws to enforce a provision for affordable housing on this block?
What am I missing ?
By-Laws
https://www.toronto.ca/legdocs/bylaws/2014/law0275.pdf
https://www.toronto.ca/legdocs/bylaws/2014/law0274.pdf
Consent to Transfer
http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2020.PH15.9
Northern Light
Superstar
Couldn't take a picture from the bus.........but I note that when I passed this site on Saturday, hoarding was on its way up.
****
Most recent permit status is:
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Most recent permit status is:
Midtown Urbanist
Superstar
DavidCapizzano
Senior Member
if you read the detailed revision lists for this on the AIC you can see Urban Design and Planning really had their way with this one. All of that white is EIFS.