I'm a resident at 75 The Esplanade and I am shocked at how obstructive the 36-storey towers would be for the entire west facing side of the 75 The Esplanade building (see attached photos of aerial view and ground floor plan).
Just wanted to raise awareness and promote discussion about some major issues:
- short distance from the existing building's windows and balconies
- loss of light
- loss of views to and from the site
- loss of privacy, tranquility
- increased traffic on the laneway
- lowered property values of 75 The Esplanade units facing the proposed development
View attachment 385606View attachment 385607
I have the same issue on the other side. 25 The Esplanade east view.
I knew this day would come but you never know when or how bad it will be. No guarantees.
Love it or List it!
I can’t find a picture from 2003 when I moved in but Market Warf 300m away, blocked a portion in 2011 and then 75 blocked a big portion of it in 2017.
Not as bad as some of 55 The Esplanade’s concerns.
I’m sure there was resistance when 25 The Esplanade was built In 1998.
Here is one from 2017
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Parking is my only concern as they appear to be taking a portion of our “contracted” amount of parking spaces which are now rental spots under 25/35/45 The Esplanade. From the SPA drawings, they do not plan to excavate but they will rework or gut the under ground structure and separate the parking between 45 and 25/35 The Esplanade.
Our contract between MTCC850 - 25 The Esplanade and the owner of 25 (condo retail 1st floor)/35 (commercial 2nd floor)/45 (hotel) The Esplanade, states 244 spots are designated for the condo and commercial while there will only be 118 spots left under 25 The Esplanade proper once severed. This parking reduction should have a perceived value even if not owned. It seems like a complicated situation as the parking was condo owned and then sold back to the developer/owner in 1999, 12 years after construction. The contract obligation was transfered to the new and current owner of 25/35/45 The Esplanade (less the condo units)
I suspect they will need to dig down one more level under 45 and possibly allocate some more parking spots for 25/35 or NOT. I’m sure the lawyers will figure this one out. I guess 45 will pass all the City approvals for parking but what about 25/35? I assume they can’t steal our allocation? I don’t think re-allocating 126 of the 3,000 Green P spots for us has the same value of convenience. Maybe they tunnel to the Green P like they did between Backstage and the Ltower?
We would be connected to the new Path at that point once CIBC phase 2 bridge is installed to Backstage and the Green P.
25 has 571 (larger) units so the allocation of 244 spots is high based on current standards but 118 spots is low.
I believe the parking sale/transfer was due to ground water concerns but I can’t recall the technical issues for sure.
I’m complaining about parking while others in this world are having bombs dropped on them.
Off to dontate.