maestro
Senior Member
Yep, The segments in the photo are Ontario Tall Walls
- Thread starter AlbertC
- Start date
Atlantis
Active Member
Didn't realize they were the tall walls earlier. Their scale became apparent walking by them recently.
A shame we have to lose that office building. Y&E is going to become a bedroom suburb at this pace.
Davidackerman
Active Member
I can confirm that demolition has started. My balcony faces the rear of the building and I can hear them tearing out the metal and heaving it on the ground.
buildup
Senior Member
Plus your comment from the Cumberland & Yorkville project: "I'll miss the office space and jobs in the middle of Yorkville."
Why are you so enamored with nasty little office buildings filled with fraudulent businesses?
I don't know about the tenants but office buildings make for vibrant neighbourhoods. Especially during the day when they are full. I'd hate to see Y&E become an area that's only busy during commuting hours. And buildings like this let smaller companies find cheap space. Not everyone can move into brand new towers downtown.
Big Daddy
Senior Member
Fraudulent businesses? So every business that isn't a major corporation is a fraudulent business?
ProjectEnd
Superstar
Ridiculous aspersions aside, there are any number of reasons to spread jobs and residences around the city. One might likewise ask why you're so 'enamored' with shiny, new, single-use, residential neighbourhoods which dispense of perfectly viable and very popular Class B and C office space in the name of a quick profit? Who are you, Peter Smith?
maestro
Senior Member
These low class buildings may be popular but, I disagree on their long term viability. Rents are usually too low to cover maintenance and repair.
taal
Senior Member
Yes and no ... some tenants actively seek out such spaces due to the low rent ... there are plenty of class c (not recently renovated) buildings downtown that are fully occupied.
So that was the "no" aspect, the "yes" aspect is I agree higher rent office space is better for the area generally speaking.
One argument I can make though is good or bad office space is much more valuable than residential use ... the vibrant nodes in the city of a mix or are close to both; They drive commercial activity during the day .. without this the area will be another bedroom community.
junctionist
Senior Member
As Jane Jacobs said, new ideas need old buildings.
Davidackerman
Active Member
Bayer
Senior Member
Class B or C buildings are very important for small businesses. I would love to be in a class A building but they generally don't offer smaller spaces. After CF bought back our lease at the Eaton Centre in order to consolidate several smaller spaces, we ended up at 44 Victoria, and it is just as expensive.
Roundabout
Senior Member
buildup
Senior Member
Your key point was "actively seek" I'm simply saying that with Toronto's growth in population and commercial businesses, then realistically you're not going to have cheap office space immediately above the intersection of 2 subway lines. There are many other low cost locations and always will be. Just have to look a few blocks away. And if not someone will build them.
Sign of a healthy city.