That's all supposition. Sure, they might try office condo here, and they might not. If they do, and if investors rush in, they rush in. They'll find out alter if they have made a good investment or not. I'm not personally concerned that the offices here might be condo, one way or the other. I'm also not bothered if you try to warn people off of office condos: investors should be aware that office condo space is not a slam-dunk to riches. In the end I believe that it's the investor's choice of what to do with their money, and how informed they made themselves before purchasing. If it were me, I would want to be warned of the risk.
It's also a supposition of yours that DavPart would be monitoring the Hullmark Centre closely. I don't see all the parallels that you do, at least not in ways that make 1 Eglinton East so uniquely a copy of the Hullmark Centre, and not of other mixed-use buildings. I think you're cherry-picking details that support a conclusion you've already come to. Why is it so important for you to inextricably link these two buildings?
42
Interchange42, what you call "investors" in office condo are NOT looking for a "slam-dunk to riches",... the vast majority of them are NOT even looking to rent/lease out their office condo space (as per the 80% empty office condo space at Tridel HullmarkCentre). Their primary objective isn't to make money,... it's to help preserve their wealth.
BTW, I found it interesting that the Design Review Panel noted the office lobby for this development proposal was hidden, not grand enough and undersized,... why would a developer design a grand, highly visible large office lobby and entrance if they expect the vast majority of their office space to be empty???
Huh,... you think I'm trying to warn "investors" off office condos,.... here on urbantoronto.ca,.... dude, this is definitely the wrong demographic! I seriously doubt office condo "investors" would be reading urbantoronto.ca
City Planning fight hard to get any office space development in prime locations like this because it creates employment land in prime transit friendly locations. When development proposal comes in like this trying to minimize office space as much as possible as in "just replace whatever office space is on-site" (from a office building built many decades ago) even though area is now undergoing serious intensification. And once they get development approval, whatever office space they must build they convert to office condos. Sure office condo sell for the developer,... but the vast majority of "investors" that buys the office condos do not intend to rent/lease them out,... thus, the employment area and good office jobs that City Planning was relying on never materializes. This is NOT the way to build a live-able urban centre,.... this is the way to build vertical sleeping communities which is what midtown is fast becoming without a proper balance between office and residential.
Interchange42,... it is NOT just a supposition of mine that DavPart have been monitoring Tridel HullmarkCentre closely,.... I'm not drawing "parallels" and "cherry-picking" details out of my @ss. Interchange42, what do you really know about DavPart????
http://urbantoronto.ca/database/profiles/davpart DavPart is primarily a property management firm that is just getting into development,.. so who will DavPart emulate? A lousy developer like Bazis or a good developer like Tridel? Where is DavPart head-office located? Top floor of 4576 Yonge Street (Suite 700),... basically just north of Highway 401 with perfect view of 4789 Yonge Street - HullmarkCentre about 400m away,... And since the only local transit access for DavPart employees is via Tridel HullmarkCentre's TTC subway entrances; I would even go so far as saying some DavPart employees are at Tridel HullmarkCentre multiple times every single working day! Both are in my hood,... where I always see and hear interesting things,.... Look, DavPart has front row seats to view Tridel HullmarkCentre development, construction and completion,..... even you must admit there are a lot of visual similarities to the completed Tridel HullmarkCentre's North Tower and 1 Eglinton East proposal goes much further than just "of other mixed-use buildings",... add the little public square to the west along Yonge, add in the driveway canopy overhang along the east side and various lip-overhang accent near ground level,... and you'll see how DavPart have borrowed heavily from Tridel HullmarkCentre's North Tower.