- Thread starter ferusian
- Start date
1Ć0
Active Member
Yup. I think they spent over $30m on the assembly at roughly 125K SF GFA. So high $200/buildable. I assume they'd be looking for north of $300/buildable to make their money back and a bit of profit
ProjectEnd
Superstar
1Ć0
Active Member
Piece of cake in today's market. I'm sure bidders are lining up
Northern Light
Superstar
Residential Demolition Application to the next meeting of NYCC - Refusal Recommended:
The key here is the usual, that no building permits have been applied for as yet.
The key here is the usual, that no building permits have been applied for as yet.
Midtown Hank
New Member
"We would like to move forward with the demolition process soon so we can start construction without delay once the other approvals (i.e. site plan approval and a building permit) are in place."
My understanding is they are also looking to add 4 more stories, so not sure how they think they could start construction without delay? Also, see this as very low probability that Montcrest will develop, rather they are trying to get demolition and added height to justify their high asking price.
My understanding is they are also looking to add 4 more stories, so not sure how they think they could start construction without delay? Also, see this as very low probability that Montcrest will develop, rather they are trying to get demolition and added height to justify their high asking price.
Northern Light
Superstar
MV link: https://www.toronto.ca/city-governm...nt/application-details/?id=5456618&pid=298688
Architectural Plans have not yet been uploaded to the AIC but the database has been updated to reflect the Minor Variance application at 15s / 58.13m, 153-units (increases from the approved 11s / 42.53m, 115-units). Renderings currently in the database reflect the previous design.
The staff report recommends the variances be refused citing lack of height precedent within the draft Lawrence PMTSA. The Committee of Adjustment hearing has not been scheduled yet.
As of July 18, demolition permits have been issued for all structures within 3180 - 3202 Yonge
xy3
Active Member
I hope the current Wengle design is retained.
Midtown Hank
New Member
Just wondering; the staff report mentions a hearing date of Aug. 1. Is this not set?
It's currently not listed on the agenda for August 1st, but it may be added. Normally the AIC page itself will list the hearing date if scheduled.
Docs are now up for the MV:
This has been revised to 16-storeys due to indoor amenity in the mech level.
CoA hearing is tentatively scheduled for August 29.
Updated renderings
This has been revised to 16-storeys due to indoor amenity in the mech level.
CoA hearing is tentatively scheduled for August 29.
Updated renderings
Midtown Hank
New Member
Refused at CofA.
xy3
Active Member
Brutal . I saw some idiot plastered posters asking people to oppose the project.
If I had the time Id rip them down at night.
UtakataNoAnnex
Senior Member
...is this because they found the devs shadier than a three dollar bill as ProjectEnd-san was suggesting?
