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I can confirm the current owner is looking at a 'full' conversion of CN Tower to residential in the realm of 340 units.

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What are the chances we see this parking lot developed in the next 5 years? Do we know who owns it?
 
Curious, why not?
For one -- the more units there are the more extra-unit space has to be devoted to circulation and as Ken has already pointed out the distance from core to exterior wall is already minimal -- unit layouts would necessarily be very inefficient. So unless the owners are looking to build-out the equivalent of army barracks (maybe for students) I don't see the conversion case in the direction that would support those kinds of occupancy numbers. It would also be disrespectful to a legacy building. There are better solutions. Qualico is showing how upper-end design is promising in this area. BTW the adjacent lands are owned by the Irv Kipnes family; in his development heyday Irv was a noted outside-the-box thinker; for example he was the developer who converted the Ashdown Hardware Building to the Boardwalk on 103rd Street and 102nd Avenue (though it was much different then than it is today). I think the Kipnes' were disappointed when they couldn't pull the University of Alberta into a kind of partnership arrangement for their downtown Galleria concept which would have converted that land site into a functional use other than parking.
 
As a "foodie" who enjoys cooking -- the linear kitchens in every unit are atrocious especially where cooktops are adjacent to entry doors. As mentioned previously in other layouts for other buildings a 4-seater dining table just seems to be plunked in the let's-fill-up-this-space location regardless of path-of-travel. So sad that this legacy building will be abused and so close to buildings that are more promising in terms of prospects (Qualico).
 

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