AlvinofDiaspar
Moderator
From the WT CEO Report from the Sept Board Meeting:
Bayside
The Phase II Subdivision Agreement, was executed on August 23, 2017. Conditions from that agreement are currently being satisfied by Waterfront Toronto and Subdivision Registration is anticipated to follow in early September 2017. This will allow Hines/Tridel to close on the R5 property and commence construction of Aquabella in the fall.
Given the continued strength of the condo market in the eastern waterfront, Waterfront Toronto continues to have detailed discussions with the Bayside Development Partner about the acceleration of the A1/A2 site to go to market a year ahead of schedule. Waterfront Toronto, the City and the Development Partner are also reviewing the requirements for a City operated recreation center in Bayside and working to determine if the A1/A 2 development would be a suitable location for such a facility.
http://waterfrontoronto.ca/nbe/wcm/...&CACHEID=89a6924b-b495-4311-9ac8-51987374f61f
AoD
Bayside
The Phase II Subdivision Agreement, was executed on August 23, 2017. Conditions from that agreement are currently being satisfied by Waterfront Toronto and Subdivision Registration is anticipated to follow in early September 2017. This will allow Hines/Tridel to close on the R5 property and commence construction of Aquabella in the fall.
Given the continued strength of the condo market in the eastern waterfront, Waterfront Toronto continues to have detailed discussions with the Bayside Development Partner about the acceleration of the A1/A2 site to go to market a year ahead of schedule. Waterfront Toronto, the City and the Development Partner are also reviewing the requirements for a City operated recreation center in Bayside and working to determine if the A1/A 2 development would be a suitable location for such a facility.
http://waterfrontoronto.ca/nbe/wcm/...&CACHEID=89a6924b-b495-4311-9ac8-51987374f61f
AoD