The parking lots are dissapearing, new residents and businesses are moving back in, and the once blighted east side of Downtown is being reborn. Developers over the past 5 years or so have been highlighting their projects' proximity to the St. Lawrence Market and the Central Business District as magnets to attract new residents with the promise of a low-stress commute in a historic setting.
One project that is rising just steps from the city's oldest market is Post House Condos which derives its name from another significant historical landmark in the area, Toronto's first Post Office. This Alterra project has been under construction for some time now and today we've got some recent construction photos courtesy of one of our Forum members.
Post House, designed by Wallman Architects, is sited immediately north of the original Post Office building and will rise 21 storeys, while a pending zoning application would add one additional residential floor. The building will be home to 278 residential units.
Above we can see the crane is now up and the work on the garage is heading for ground level. The closeness of the surrounding buildings is apparent in the photos; this urban condition is a signature of the area with its historically smaller and tighter lots than in much of the rest of the city.
In a city where more and more people are choosing short commute times and access to culture over sprawling suburban backyards, Post House's location is fairly unbeatable: this building gets a rare 100 from Walkscore. With amenities including a gym, party room, sauna, a media lounge, purchasers should have plenty to occupy themselves with while those winter storms blow by. If you're looking to buy in the building, unit prices range from $250,000 to $682,000. Post House should be occupying in May 2014.
We will be back with updates as Post House progresses. Want to know more about this project in the meantime? Check out the UrbanToronto dataBase Post House listing below, or join the discussion in the Forum.
|Related Companies:||Adamson Associates Architects, Alterra Group of Companies, City of Toronto, entro, Entuitive, Milborne Group, Rogers Stirk Harbour + Partners, Schollen & Company, U31, Wallman Architects|