UrbanAffair
Senior Member
Lanterra has purchased 60 Yonge Street for 55 million.
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- Thread starter UrbanAffair
- Start date
maestro
Senior Member
Could BMO be staging for a CIBC Square type lease?
UrbanAffair
Senior Member
Automation Gallery
Superstar
Hmm? west side of Yonge street there has no height limits
innsertnamehere
Superstar
Lanterra doesn't do big office projects. Probably thinking residential here. Given the price, probably something quite tall too.
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UrbanAffair
Senior Member
If they buy 48 Yonge, (or if already own it and I am unaware) they would have a decent sized assembly for an 88 Scott sized project I think, although perhaps being closer to the CBD, they are thinking larger now. Pure conjecture on my part here though.
maestro
Senior Member
Just some fun speculation in regards to BMO selling 234 Simcoe for redevelopment and now 60 Yonge.
DonValleyRainbow
Senior Member
thecharioteer
Senior Member
Everything has height limits. This site’s is 76.0M.
maestro
Senior Member
I hope we don't see 60 Yonge assembled with 48 Yonge and everything in between even if it means a shorter tower. Personally, I hope 60 Yonge remains a small, lower class office building. Squeezing appropriate sized towers into the existing urban fabric is what makes our city cores unique.
innsertnamehere
Superstar
There is a small area in the financial core that is already developed that has no limit. This is unfortunately the first property that has one when travelling east from the core.
Automation Gallery
Superstar
Lol, what you just pulled that figure out of a hat
innsertnamehere
Superstar
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modernizt
Senior Member
You really are something else
Automation Gallery
Superstar
Ugh? it's not 76m ok....i wasn't aware that that part of Yonge street was not unlimited but up to 180m
Which in reality means nothing nowadays