Toronto St Lawrence Market North | 25.3m | 5s | City of Toronto | Rogers Stirk Harbour

Well, at the end of the day, we're really not getting anything near the winning design which was absolutely gorgeous. What we're getting is something vastly diminished.
 
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condovo said:
^^^ Yeah thought so. I doubt this project will be featured on RSH's website if it makes it there at all. Pathetic.
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The funny thing is - they have it on their website:

https://www.rsh-p.com/projects/st-lawrence-market-north/

It is in some ways very similar to some of their earlier works.

salsa said:
Maybe the city should value-engineer a few parking spots out of the plan if they really want to save money. Perhaps even invest some of that back toward architectural design.
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No kidding, but clearly the city has other ideas.

AoD
 
salsa said:
Maybe the city should value-engineer a few parking spots out of the plan if they really want to save money. Perhaps even invest some of that back toward architectural design.
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Since it IS the parking spots (run by TPA) that are paying for a large part of this project this would hardly seem wise!
 
DSC said:
Since it IS the parking spots (run by TPA) that are paying for a large part of this project this would hardly seem wise!
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A lot of people on this board don't seem to realize that TPA is actually profitable, by quite a margin.

Now imagine how much money the TPA could make if they charged at market rates for parking... :)
 
condovo said:
Surprised it's on their website. It helps that the original, winning design isn't.
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Ironically, the original design is in the downloadable PDF project brief on the site.

innsertnamehere said:
A lot of people on this board don't seem to realize that TPA is actually profitable, by quite a margin.

Now imagine how much money the TPA could make if they charged at market rates for parking... :)
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Profitable in the case of this particular project with the increased capital requirement as a result of the garage vs. 30yr timeframe for ROI?

AoD
 
AlvinofDiaspar said:
Ironically, the original design is in the downloadable PDF project brief on the site.



Profitable in the case of this particular project with the increased capital requirement as a result of the garage vs. 30yr timeframe for ROI?

AoD
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My understanding is that the TPA underground lots around the core are actually profitable, yes, as the rates are so high. The financials for the lot the TPA is buying from Plazacorp at King and Charlotte would have similar rates to this and is profitable.

This garage will probably charge something like $15/day for parking. Market in the area is probably closer to $20.
 
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