What do you think of this project?


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Just from a chat with someone that works for the city they were guessing this one is there bet to see some movement but again They were guessing
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Last I had heard they were looking at a mid-rise format for this, any update?
Yup, looking to rezone to allow 10 storeys, mixed-use with townhouses at grade and commercial uses as well to interface better with Warehouse Park. They are going for a 'warehouse style' look for the buiding, so it could be quite slick. This will not be a tower though, which is fine in my view if the design is high quality.
 
Multiple 10 storey developments in that whole area will do more for the overall feeling than 1 30 storey tower, IMO, and likely more realistic to develop. I'd welcome that, especially with solid design and good street level interaction.

Edit - I'd take a couple of these any day: https://toronto.skyrisecities.com/database/projects/315-spadina.38211
 
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Autograph can pretty accurately predict the price of midrise concrete construction as well as anyone in Edmonton now. The cost per unit in Mercury Block compared to The McLaren came out to be significantly lower despite the more favourable wages at the time of The McLaren's construction.

Rough estimate is $180k/unit vs. $220k/unit (this isn't Gospel, the Edgar team can always correct me).

I have faith in Autograph's ability to build people first spaces, so I'll be happy if they choose to go this route. They could plop another element themed/ MB 3 here, and I'd be happy. More brick this time to fit the area, please 😉.
 

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