[khaldoon]

Would be funny if Mizrahi gathered another parcel south of there and left the Rogers building there forever, just to spite them

Like the Tom Jones Steakhouse, it could forever be a stub, surrounded by giants.

Yes it would be funny but I wonder if the city would allow it. The owner(s) would complain that a large development to the south would render their property less valuable and may force a negotiated settlement/buyout.

 

[evandyk]

Yes it would be funny but I wonder if the city would allow it. The owner(s) would complain that a large development to the south would render their property less valuable and may force a negotiated settlement/buyout.

True. Plus they would be in a shadow a lot of the time, so probably have a veto.

 

[pgbuilder]

Mizrahi doesn't own their construction office building anymore, it was sold I believe the in 2019-2020. I remember doing walk throughs with the new ownership group when I was still on the project. Kingset owns the Rogers building.

 

[interchange42]

True. Plus they would be in a shadow a lot of the time, so probably have a veto.

The City gives property owners the opportunity to take a buyout as part of an assemblage, but if the owners refuse to sell, the City will not hold up the rezoning of an adjacent assembly forever. You don't get to hold others for ransom if you've been given a reasonable chance to be compensated for selling your property but don't want to play. Just look at CityLights up at Broadway and Redpath…

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[Northern Light]

Probably thinks it will be worth $20M to whomever is trying to build a parcel south of the One.

That idea (building south of The One) is not an easy prospect.

At the lower levels, total distance between the podium of 'The One' and the U of T owned building at Charles is only ~58M

Even if 'The One' is sufficiently set back at higher levels, you still 'have to' have a 25M separation from the building to the south.

That leaves you a maximum of 33M of frontage; but I don't see an allowance being made for 0M separation to 'The One's podium level'.

That's a bit tight.

Then you have 55M of depth to the condo wall at the rear:

From which you again need to deduct 25M separation distance.

That's 30M

All in, there's a viable floor plate there; though setbacks from Yonge, at least will eat into that as well.

But it's workable, but very little spare room, would seem to require owning pretty much everything in that contiguous frontage.

Could be worth the $$$ and hassle.

 

[MichaelZ]

That idea (building south of The One) is not an easy prospect.

View attachment 367656

At the lower levels, total distance between the podium of 'The One' and the U of T owned building at Charles is only ~58M

Even if 'The One' is sufficiently set back at higher levels, you still 'have to' have a 25M separation from the building to the south.

That leaves you a maximum of 33M of frontage; but I don't see an allowance being made for 0M separation to 'The One's podium level'.

That's a bit tight.

Then you have 55M of depth to the condo wall at the rear:

View attachment 367658

From which you again need to deduct 25M separation distance.

That's 30M

All in, there's a viable floor plate there; though setbacks from Yonge, at least will eat into that as well.

But it's workable, but very little spare room, would seem to require owning pretty much everything in that contiguous frontage.

Could be worth the $$$ and hassle.

Maybe a Massey Tower type building with a big retail podium and nice parkette on top?

 

[innsertnamehere]

The UofT building is set back quite significantly from its north lot line, by quick math gives you about a 32x38m area to build a tower on the site provided you don't have to meet the 75 degree angular plane from Yonge Street like further south. Can't be bothered to check if it applies here or not.

It's actually an excellent development site if the whole row of buildings can actually be assembled.

 

[Northern Light]

The UofT building is set back quite significantly from its north lot line, by quick math gives you about a 32x38m area to build a tower on the site provided you don't have to meet the 75 degree angular plane from Yonge Street like further south. Can't be bothered to check if it applies here or not.

It's actually an excellent development site if the whole row of buildings can actually be assembled.

I measured from the U of T tower building, not the lot line.

 

[evandyk]

The city should zone it as parkland then buy it cheap. That'll show the guy who refused to sell!

 

[innsertnamehere]

The city should zone it as parkland then buy it cheap. That'll show the guy who refused to sell!

If only that were legal

There have been pretty extensive expropriation hearings over municipalities trying to pull games like this - put simply, it's not allowed

 

[thaivic]

 

[daptive]

View attachment 367685

If they're really hoping to open retail before the tower is complete they'll be taking away even more staging and material storage space. Though from this pic it seems they've cleared out a lot of the space along Bloor and Yonge already.

 

[MichaelZ]

The elevator core seems remarkably thin, I’m surprised they didn’t make it a bit thicker to better support the weight. And save a bit on the costs of the supercolumns.

 

[interchange42]

The elevator core seems remarkably thin, I’m surprised they didn’t make it a bit thicker to better support the weight. And save a bit on the costs of the supercolumns.

Then the elevator core would have cost more and have been more costly to transfer its loads to the supercolumns below where it ends.

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[AdamS]