BMO? Wow, couldn’t imagine anything more boring than a bank branch in 2019. How do you know? It does sort of make sense with the original one being usurped by first capital but how do you know?
Did someone buy the land that houses BMO on Lake Shore/Park Lawn? Cant wait for the full extent of construction for Christie Factory grounds.
I imagine that First Capital has been keen to add that property to their holdings: combined with their property, that land would be far more valuable to them than it would to another purchaser on its own. As it's right at the corner, at the two main roads defining the property, it's the most likely spot for a signature tower (although I would also expect particularly high density at the GO Stn/TTC hub too). I expect green space is more likely to occur more centrally within the site, with buildings designed around its edges to define it.The corner property where the bank sits presently must be quite valuable. It makes sense that it would be sold. I hope it becomes either green space or something architecturally striking
I'm actually happy that it is a separate property from the rest of the Kraft site. Sometimes a master-planned area feels too master-planned. The eventual development of the BMO property may introduce some urban granularity to the block.