Allandale25
Senior Member
Latest from the Star:
https://www.thestar.com/news/city_h...roups-as-final-chapter-of-rebuild-begins.html
https://www.thestar.com/news/city_h...roups-as-final-chapter-of-rebuild-begins.html
The Star article states that the final stages (4 and 5) will take 10 to 15 years to complete. This has to be a mistake. The entire project was originally slated to take 12 years to complete. It’s now been in construction for 12 years with roughly
70% of the old Regent Park site replaced or under construction. Another 10 to 15 years to complete the last bit along Gerrard Street? Seems like something isn’t adding up right. I really hope phases 4 and 5 on Gerrard get underway soon. It’s such a blighted street.
... Capital Developments and Tridel Builders Inc. will join the Daniels Corporation ...
On Saturday morning, Sureya Ibrahim, identification in hand, plans to walk to the Regent Park Community Centre for her chance to weigh in on one of the most consequential development projects in the city’s history.
What awaits her are presentations from three developers — The Daniels Corporation, Capital Developments and Tridel Builders Inc. — each vying for the rights to the final stages of the revitalization of Regent Park.
The meeting is open to all Regent Park residents, including the buyers of newly constructed private units, and those expecting to return after construction is finished on a neighbourhood that will eventually be home to 12,500 people in a mix of public and private housing. The community centre has space for about 300 people. No proxy votes are allowed. No members of an opposing development team can watch the other’s proposal. Media cannot attend and Ibrahim and all who attend must sign a nondisclosure agreement (NDA).
Each development team has 20 minutes to present and 15 minutes to address four identical pre-screened questions and community members will submit score cards on each one. Community feedback will count for 20 per cent of an overall score that will be used to determine if developers are moving to a final round.
They will only get 'mom & pop' back if they charge reasonable rents!Agreed, this stretch of Gerrard is a natural candidate for a comeback of mom+pop style retail that is fleeing streets closer to Yonge.
New development tends to skew towards shoppers drug marts, banks, Starbucks. If a mom and pop shows up it likely won't be the store you think of. Rather it will be a pricey trendy store that can afford the rents.Agreed, this stretch of Gerrard is a natural candidate for a comeback of mom+pop style retail that is fleeing streets closer to Yonge.