I doubt the condo has any connection to the retail $$$. The retail units are usually a separate entity either held by the developer or sold to a company that specializes in retail management.
I doubt the condo has any connection to the retail $$$. The retail units are usually a separate entity either held by the developer or sold to a company that specializes in retail management.
I guess it all depends on the condo purchased the extra units then. I know for a fact that my condo owns the retail at street level. I know this because the rent money shows up on my annual financial statement which I just got for this year. I assumed this was the way it was for most.
If there aren't more entrances onto the Bay Street side, then I agree that it is unfortunate. I wonder what the difference is between North York condos (many of which have many small retail fronts) and downtown condos (which frequently have limited or very large retail with few entrances).
I guess it all depends on the condo purchased the extra units then. I know for a fact that my condo owns the retail at street level. I know this because the rent money shows up on my annual financial statement which I just got for this year. I assumed this was the way it was for most.
Every building should be designed to be pedestrian friendly and interesting to walk past. More often than not that means small scale design at street level and multiple doorways to provide interaction, whether they're retail, residential or otherwise. Blank walls rarely achieve that goal. Segregating land uses (retail/commercial on Yonge, residential on Bay) is generally frowned upon in planning circles, especially downtown. There's nothing wrong with the retail on Bay being primarily neighbourhood-focused. That's for the market to decide.Interesting point. I'm not so sure it's a bad thing per se. Toronto is big enough to accommodate thoroughfares that have distinctly different characters/land usage. Yonge can be almost completely retail/commercial whereas Bay can be largely residential (north of Queen at least). In North York this is less feasible and Yonge Street being the main central artery serves many different purposes. Aside from local conveniences (corner stores, banks and dry cleaners etc) I think it is probably much better that retail clusters form together where there is power in numbers (foot traffic, exposure, ease of accessibility, business improvement initiatives etc)
This building is turning out wonderfully so far. However I'm curious, are those silver things between the art glass panes permanent? I really hope they're temporary during the installation, because as it is, they really detract from the overall effect.