Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

[mdriver]

How much cash are these guys burning through? I hate to say it but can they survive?

 

[Bjays92]

How much cash are these guys burning through? I hate to say it but can they survive?

This development surely will be fine. I dont understand people's obsession with its failure.

 

[Benito]

Today.

 

[Ciarlandini]

Definitely looks as if they're getting ready for the next stage.

 

[androiduk]

The house at 14 Dundonald has been completely demolished. I believe this paves the way for permits to be issued for above ground construction at 1 Bloor.

 

[condovo]

As someone who lived on Dundonald for many years, I'm sad to see it go.

 

[Bjays92]

As a relatively new member, could someone enlighten me as to why exactly being able to build The One was conditional on the demolition of a site in another neighborhood of the city? Particularly given people seemed to have an affinity for this house and now it's gone.

 

[UtakataNoAnnex]

Definitely looks as if they're getting ready for the next stage.

One small step for Mizrahi, one giant leap for The One? o . O

 

[androiduk]

As a relatively new member, could someone enlighten me as to why exactly being able to build The One was conditional on the demolition of a site in another neighborhood of the city? Particularly given people seemed to have an affinity for this house and now it's gone.

https://urbantoronto.ca/forum/threads/14-dundonald-offsite-parkland-conveyance-for-the-one.30993/

 

[sinasdf]

https://urbantoronto.ca/forum/threads/14-dundonald-offsite-parkland-conveyance-for-the-one.30993/

Correct me if I misunderstand it - new developments need to have some designated parkspace, and I suppose because there is no room at Bloor Yonge, the developer bought this lot and gave it to the city for use as parkland?

 

[zang]

Correct me if I misunderstand it - new developments need to have some designated parkspace, and I suppose because there is no room at Bloor Yonge, the developer bought this lot and gave it to the city for use as parkland?

More, because they were given allowances in height/design in exchange for paying to the local community in the form of parkland, affordable housing, etc. The city wasn't "given" anything. This was a transaction in relation to how much the new building is affecting the local community (diminished sunlight, wind tunnelling, diminishing the local "character", etc.).

 

[Benito]

Today.

 

[Bjays92]

One would think we'll be getting an above ground permit any day now

 

[leftfieldto]

One would think we'll be getting an above ground permit any day now

If the City of Toronto, or any other city in Canada, were working at full steam, that might be true. However, these are not normal times and all guesses are out the window.

 

[DSC]

If the City of Toronto, or any other city in Canada, were working at full steam, that might be true. However, these are not normal times and all guesses are out the window.

Particularly for a project whose 'permit history' is rather 'cloudy'. I bet the City will be making sure all the details are correct!