Bayer
Senior Member
I rent office space in a Davpart building and I didn't think they would actually get into the development business and go ahead with this. Looking forward to it.
An entrance to the St. Patrick subway station will be incorporated into the building, which will also eventually be connected to the city’s underground PATH system.
Given there's no PATH connections within 2-3 blocks of St. Patrick I'd say odds are about 0. At most I could see it maybe connecting to the Hospital network to the north but I haven't read any plans of that...This building is supposedly connected to St.Patrick's TTC station. But does anyone know of plans for it to be connected to The Path at any point in the future?
MG: Do you have a real estate property that got away?
DH: There was something that was disappointing at the time but was very fortuitous.
My parents came to Toronto penniless. And my father founded a real estate company here. When I was a kid, in 1967, with some partners, he assembled a block of land on the northwest corner of Yonge and Eglinton streets. It was the largest mixed-use development in Canada at the time. I was fascinated with that as a kid. About 12 years ago or so, that property came on the market. I wanted to acquire it. Because I saw the potential, not just because of the history. I lost out.
Shortly thereafter, 481 University [also called The United Building] came on the market and it felt magical. It’s in the heart of the city, connected to the subway. It’s right by the opera house, near the retail hub of Eaton Centre. It has great architecture and had housed a huge publishing house. It comprises a full city block but was underutilized.
Losing the other one enabled me to get this one.
Interesting, is the Yonge-Eglinton property mentioned the Yonge Eglinton Centre?