Distrikt Capital and Alterra have acquired a three-acre residential development site extending from 1500 to 1536 St. Clair Ave. W. in midtown Toronto. “It’s exceedingly rare to find an assembly that can bring together this much land in an infill
Simcox said Distrikt and Alterra have ties that go back years, one of his employees used to work for Alterra, and the 50-50 partnership on the St. Clair project is the result of a good relationship.
While Simcox said it’s too early to release specific details about plans for the site, it will be a mixed-use multiresidential development. Community consultations are taking place and Simcox said things are on track to submit development applications to the City of Toronto this summer.