AlbertC

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Marlin Spring are planning a future development at this former Rexall location, now sitting vacant in the Stockyards District:

According to their development page: 276 Condominium Units are planned with GFA235,000 Sq.Ft.


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Greybrook Realty Partners Invests $15,450,000 in a Mid-Rise Residential Development Project with Marlin Spring in Toronto, Ontario

October 23, 2020

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $15,450,000 to acquire and oversee the development of a prime parcel of land located at 2231 St. Clair Avenue West in the City of Toronto. Together with its developer partner, Marlin Spring, the firm intends to develop the property into a mid-rise condominium residence consisting of over 220 units and more than 12,000 square feet of commercial space at grade.

Located on St. Clair Avenue West, between Keele Street and Runnymede Road in Toronto’s Stockyards District, the development site is well connected with two nearby TTC stops and the streetcar on St. Clair Avenue West. The site is steps away from RioCan’s Stock Yards Village mall, a 500,000 square foot urban retail property featuring over 50 major retailers and restaurants. Situated in close proximity to an array of chic cafes, shops, micro breweries, and local restaurants, the development is also walking distance from popular outdoor recreational facilities and parks, including Runnymede Park and George Bell Arena.

“We have always prided ourselves on identifying and investing in the right submarkets outside of the core of Toronto that will evolve into vibrant communities. We did that with our early investments in Toronto’s Liberty Village and east of the city with our Linx condo project at Main and Danforth,” said Peter Politis, CEO, Greybrook Realty Partners. “We are very excited to expand our presence in the Stockyards District with Marlin Spring, with whom we are actively constructing another mid-rise condominium residence less than 200 metres from this site on St. Clair Avenue West.”

 
Rezoning application submitted:

2231 ST CLAIR AVE W
Ward 5: York South-Weston


No description yet.

Same lot as 2221

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3900m2/42000ft2

Existing is 1-storey retail an parking:

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Right next to a meat packing plant.
 
Application description:
"Proposed 10-storey mixed use building (approx. 32.5 m in height, excluding mechanical penthouse) with retail at grade and residential units above. The building would include an underground parking structure. Proposed total GFA is 18,639 square metres, of which 17,525 square metres would be residential and 1,114 square metres would be for non-residential."
 
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Marlin Spring do have a lot of projects in the works around here, maybe they're holding back starting this along with what's going up all the way west to the end of the block until they finish the Stockyards District condo project. But it depends on how quickly they want to bring it to market.

I don't expect the art spaces to be too long term though. Maybe another 1 or 2 years while they work out the zoning and complete the sales process before they start construction.
 
The new rendering is updated in the database. The total storey count changed from 12 storey to 11 storey. Height changed from 43.12m to 42.00m. The entire unit changed from 302 units to 293 units. Finally, the total parking space count was reduced from 190 parking to 174 parking.

Rendering taken from the architectural plan via Rezoning submission.
 

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