Globe and Mail
Here's a little feature of Pier27 from Friday's Globe and Mail. It says 30% of land use will be open public space. Starting price of a 700 sq/ft unit is $400,000. Read on...
WATERFRONT: Resort-style project going on sale
SYDNIA YU
From Friday's Globe and Mail
To be built on one of Toronto's last waterfront residential sites, about 300 units of a resort-style condominium will be put on the market early next month. Called Pier 27, it's being constructed by Cityzen Development Group and Fernbrook Homes.
The nine-acre site off Queens Quay East, between Yonge Street and the Redpath Sugar property, is zoned for up to 1.5 million square feet of residential development plus ground-floor retail space. But about 30 per cent of the property will be open public space landscaped with green trees, bushes and gardens.
"Pier 27 is not going to be a massive concrete wall separating the rest of Toronto from one of the most beautiful natural attractions, the lake and its islands," Fernbrook president Danny Salvatore says. "One of the top priorities was to design and site all buildings in such a way as to preserve sight lines," he adds, "and to have them act as a link, not a barrier to the lake."
Peter Clewes of architectsAlliance designed phase one — two 12-storey, glass and steel buildings topped off with a three-storey bridge. The latter portion of the structure will contain unique "through" suites, "so you have a city view and you also have a lake view," sales manager Andy Kowalsky says.In the complex over all, there will be a wide selection of floor plans, from one-bedroom suites with 700-square-feet of space to 4,000-square-foot penthouses with three bedrooms and a den.
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On the ground level, two-storey units will face the water and have private patios and a second-level door that leads to the elevator to the garage.
All units will have open kitchens, bedrooms that are separated for privacy, and at least one balcony or terrace. Six appliances will also be included.
Interior features will include 10-foot ceilings, granite countertops, hardwood floors and broadloom carpeting.
Residents will have access to a games room, theatre, gym, spa, whirlpool tub, and indoor and outdoor pools.A round-the-clock concierge and valet parking will also be available.
The site is only steps from the Martin Goodman Trail, streetcars heading to the subway and Union Station.
There is a Loblaws, liquor store and restaurants across the street, and other attractions within walking distance include Harbourfront and the Air Canada Centre.
Phase one is slated for completion in about 2-1/2 years.
Pier 27
LOCATION: Queens Quay East
BUILDERS/DEVELOPERS: Cityzen Development Group and Fernbrook Homes
SIZE: 700 to 4,000 square feet
PRICE: starting at $400,000
CONTACT: To register, phone (416) 690-7727 or visit
www.pier27.ca