Toronto The Residences of 488 University Avenue | 206.95m | 55s | Amexon | Core Architects
- Thread starter drum118
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MafaldaBoy
Senior Member
Benito
Senior Member
achender
Active Member
Contra
Senior Member
Suppose it won't be till end of this year start of next year that we see the new tower portion rising. The engineering work going on up there right now must be mind-boggling.
maestro
Senior Member
It won't take that many months to complete the rest of the transfer slab. My guess would be September.
Tulse
Senior Member
I'm surprised that this approach is cheaper than just tearing down and starting fresh. Since I presume it actually is cheaper, I'm also surprised that this technique isn't used more.
innsertnamehere
Superstar
the office building likely was seen as 0 development potential, so it was sold at the price point for only the revenue from the office portion. Means your land costs are way lower to offset engineering costs.
Bennyb
New Member
Occupancy has been pushed to summer 2018. Originally Nov 17.
maestro
Senior Member
I don't know.
Keep in mind, the office building has been occupied the entire time. I suspect the addition of the condos were only to offset some of the costs of renovating the office block. They wouldn't have been built if the precast facade plus everything else didn't need replacing. Tearing down and starting fresh was never a consideration.
Occupancy a year from now for a condos in a 37-storey building 18 storeys up in the air where they haven't built a single residential floor yet? Good luck.
42
G.L.17
Senior Member
slebl028
New Member
What floor is the transfer plate being built on?
ShonTron
Moderator
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The TTC is planning to close the northwest subway entrance by next week to begin work to install the elevator from 480 University to the concourse level of St. Patrick Station. This means people who have been using the subway station to get across University Avenue (since the TTC work in the median closed the crosswalk) are out of luck. It also means more obstruction to an already congested and obstructed corner - the 480/488 scaffolding, plus the crosswalk barrier, and now new TTC barriers.