As long the CT is making a good return on the Dundas store, there is no plans to convert it to condo's.Interesting. This area is starting to explode - 4 towers on this site, 4 on Holiday Drive, 5 or 6 on the Civic Centre site, and 3 across the highway on Valhalla! Now if only there would be progress with the Honeydale Mall and Canadian Tire (Dundas) sites!
I believe it was done for insulation, not deterioration of brick, but it could serve that purpose as well.I hope some of the older slabs lining 427 on either side explode: they include some of the ugliest large buildings in the GTA. Many have aluminum siding many floors up in the air covering areas where bricks deteriorated. It ain't pretty!
Are you sure about that? They obviously haven't invested a dime into that store for at least a decade now - it's grimy, ugly, and a mess inside, and it always seems to be semi-deserted whenever I pass by. Plus there are those white application signs on the edges of the property. It seems to me they are treating it like they expect it to go under sooner rather than later, which I definitely hope happens, as long as we don't get a repeat of that disgusting townhouse disaster built on the site of a former CT at Queensway and Islington.As long the CT is making a good return on the Dundas store, there is no plans to convert it to condo's.
CT is not in the condo development business.
The plan was to sell the land if the store lost a huge chuck of business when the new Queensway store open some years ago, but didn't loose much as expected. It has recover that lost today.