Constructing underground parking (digging, shoring, etc.) seems to be getting more expensive these days and Minto charging $39k sounds about right for the average cost of constructing a parking spot (dividing the cost of pouring the foundation by the number of parking spots).

Maybe they sold the tower units (the better units and the bulk of the building) to secure financing... then they can slowly sell of the podium, even at the higher price/sq.ft.

Exciting to see that corner sprouting up. Does anyone know if historical Fort York has any say on the building height and design of their buildings???

...one of Toronto's busiest fire hall is close by...

did you take this shot from the Concord CityPlace Panorama building?

sounds like an assignment issue. it's rare that a developer allows someone to assign their contract prior to the building being built, or interim closed...

AG, I agree with you on this one. The condo-hotel concept is losing its luster, especially if you have no control of the hotel going in (besides this, Four-seasons is just up the street). Some nice AAA office above and retail space would be better.

I hear their sales are doing well and they will be releasing a new building in Discovery II this coming fall...

based on urbandreamer's conclusion, maybe CP should have put the words in the video in "specu-vestor" language, aka Chinese...

I also like the park and think it's going to look pretty incredible. We're not trying to compare ourselves to other great cities but I for one have not seen another project in Toronto that has created a space like this for the public's enjoyment. It's always about allocating the smallest...

The project is nice and fits in to it's surroundings (not ugly, not outstanding). Can't say too much about the TH's until they are finished, but overall, the project is nice.

hot off the press! this just in: hot off the press - http://www.youtube.com/watch?v=XMCXcq2GdNo don't want to miss this...

I hear that there will be a completion ceremony for the park on Sept 9th. It would be nice to attend to see how the park will look completed.

from what i hear, Luna should occupy sometime in March-April 2010 (prior to HST legislation taking effect in July) and the occupancy should be short (1-2 months) before final registration.

a realtor friend told me that M5V was bought out by Lifetime Dev't and BLVD (developers of 17 Foot High Lofts). Anyone know?

It seems like 1BE has been on the market (the project) for some time now. About late 2008/ early 2009, someone told me Bazis was wooing Samsung to buy the project... it'll be great is someone can get this project moving.

good on them... but i guess they have to do more than just "green" initiatives to win over the neighbourhood.

I wonder how well their "green" theme/ideas are going to work in this neighbourhood? They may be just jumping on the "green" bandwagon to elicit more sales?

LOL... Really! did i offend or is someone a bit sensitive?

real estate is still one of the best forms of investments (imo)...