unimaginative2
Senior Member
If they're going to build a square, I'd like to see an 'L' of buildings around it on the south and east sides. It would be pretty bad if it just faced bare walls.
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khris
Senior Member
There isn't going to be a square. This is just people who could potentially see a square there, and decided to make drawings because they're probably bored or something.
alklay
Senior Member
Agreed. The land is in private hands and will remain that way.
dt_toronto_geek
Superstar
The best indication is this isn't about how well the project sold, it's about financing and untangling the property out of a massive legal mess.
Big Daddy
Senior Member
Yeah right, so who's going to put up a 50 to 60 million dollar site for a parkette? The city wont buy it - I think it unlikely Bazis or Lehman's will donate it (they have enough economic problems to deal with) - so whats the point of the discussion?? Can't happen.
Solaris
Senior Member
Lets all wait and see what announcements Bazis has for us tomorrow ~
the anticipation is driving me nuts !!
the anticipation is driving me nuts !!
yyzer
Senior Member
allrighty then.....cant' find any news online....nothing coming up on google...
the 1 Bloor website still up and running, and it does say "construction starting", but that may have been there for a while....
....nothing to see here, move along people......
the 1 Bloor website still up and running, and it does say "construction starting", but that may have been there for a while....
....nothing to see here, move along people......
cdr108
Senior Member
allrighty then.....cant' find any news online....nothing coming up on google...
the 1 Bloor website still up and running, and it does say "construction starting", but that may have been there for a while....
....nothing to see here, move along people......
well i would guess since no one has heard it's been cancelled, chances are Bazis has extended their 31 days.
khris
Senior Member
They can cancel it anytime within the next 31 days.
maestro
Senior Member
This date everyone is talking about allows the purchasers to back out of their agreements, right? (I don't see why a developer can't pull the plug at any given time.)
Solaris
Senior Member
To be exact ... starting from June 15, 2009, Bazis 31 days to either (A) go forward and start construction or (B) send notices out to purchasers asking for them to agree on another extension or they can cancel their Purchase + Sale Agreement
this is the same bs that the 1 Bloor sales office was telling me even when I called today
this is the same bs that the 1 Bloor sales office was telling me even when I called today
ahmedyusali
Member
after june 30 if there is no news this site could be ended a public square
khris
Senior Member
So basically by the end of day July 15, they (Bazis) need to make a decision with what they want to do with this property (1 Bloor).
I'm just curious if they ask purchasers for another extension, how many purchasers will agree to it. Enough to keep the project afloat? I'm not so sure, but time will tell I guess!
TheProfessor
Active Member
If I had bought a unit in 1BE and could opt out at this stage I would. First off, I don't have the confidence that the building will even get built, and if it does, when?
Also, with the economy taking a dive like it has, you can likely get a larger unit elsewhere for the same money or the same unit for less.
Also, with the economy taking a dive like it has, you can likely get a larger unit elsewhere for the same money or the same unit for less.
Solaris
Senior Member
I am very confident you can given the ridiculous selling price of 1BE suites
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