Northern Light
Superstar
As per this Renx article:
renx.ca
Oikoi is pursuing a six-property assembly in Parkdale which includes the lot at 16 Tyndall. While the other properties are not identified in the article, I infer the following:
(aerial pic)
As you can see these are six contiguous properties inclusive of the one we know Oikoi owns, and none of the adjacent multi-res sites make any particular sense here.
Streetview:
Comments:
Most neighbouring multi-res sites are in the 7-9s range, but the tallest on Tyndall is something closer to 18s. I would expect an ask in that range here given that it seems likely there would be some heritage retention which while adding costs would serve to conceal any massing from street level nicely.
I would add here, none of the 'heritage' is listed/designated, which has the virtue of giving Oikoi some flexibility here, but I think it would look good on them to preserve 2-4 facades and 1-2 returns, and build in behind. That's up to them, of course.
There are baked-in setbacks on the other neighbours properties (surface parking of ~13M and ~11M, this will be adequate at lower elevations, but may or may not require LDAs once you get to tower height, depending on massing and tapering.
Land assemblies 'difficult' but worth the effort: Oikoi Living
The two men who comprise Toronto-based Oikoi Living believe their work assembling properties for high-rise, purpose-built rental apartments and creating “micro-communities” for infill locations positions them well to add badly needed new housing in the city.
renx.ca
Oikoi is pursuing a six-property assembly in Parkdale which includes the lot at 16 Tyndall. While the other properties are not identified in the article, I infer the following:
(aerial pic)
As you can see these are six contiguous properties inclusive of the one we know Oikoi owns, and none of the adjacent multi-res sites make any particular sense here.
Streetview:
Comments:
Most neighbouring multi-res sites are in the 7-9s range, but the tallest on Tyndall is something closer to 18s. I would expect an ask in that range here given that it seems likely there would be some heritage retention which while adding costs would serve to conceal any massing from street level nicely.
I would add here, none of the 'heritage' is listed/designated, which has the virtue of giving Oikoi some flexibility here, but I think it would look good on them to preserve 2-4 facades and 1-2 returns, and build in behind. That's up to them, of course.
There are baked-in setbacks on the other neighbours properties (surface parking of ~13M and ~11M, this will be adequate at lower elevations, but may or may not require LDAs once you get to tower height, depending on massing and tapering.
