[AlbertC]

Looks like a soil sample rig outside of the Bloor Collegiate building:

Sept 3, 2020

 

[AshNavabi]

Development Applications

This resubmission addresses all comments as well as adjusts the boundary line of the of the site to include the entire new public right-of-way. This boundary is reflected in the Draft Plan as well as architectural drawings and is consistent with the severance line for Committee of Adjustment application no. 19 217341 STE 09 CO. Included with this resubmission is also a comment response matrix. Following this resubmission, it is our intention to finalize the Draft Plan Conditions and commence the drafting of the Subdivision Agreement. We request that if there are any further minor comments from ECS that these be dealt with either as a condition of the Draft Plan or as a Site Plan condition.

 

[ushahid]

i hope the details stay the same. that stained glass looks nice.

 

[ResidentWardo]

Did the total amount of green space decrease? It appears that way. Was this contested?
Proposed developments (this project plus four towers directly to the south in the Dufferin Mall parking lot).

Google earth (present: ~1ha):

Proposed (~0.3ha):

 

[interchange42]

Did the total amount of green space decrease? It appears that way. Was this contested?
Proposed developments (this project plus four towers directly to the south in the Dufferin Mall parking lot).

Google earth (present: ~1ha):

Proposed (~0.3ha):
View attachment 293004

School grounds are not considered park space, so in those terms there’s nothing to contest: any new public park here is considered a net increase in public space.

42

 

[Northern Light]

In a report to the June meeting of the TDSB's Planning and Priorities Ctte, they got an update on the closing out of many aspects of this transaction.

In example, formal transfer of title of certain properties, legally requires severances etc.

On note.....

Due to this proposal getting more dense.......than what was originally proposed..........the TDSB has itself a windfall bonus in cash.

$30,000,000

Points to their negotiators who made sure to insert a clause into the agreement of sale on this point.

Report here:

https://www.tdsb.on.ca/Leadership/Boardroom/Agenda-Minutes/Type/A?Folder=Agenda%2f20210623&Filename=6.4.pdf

Final close-out by December 2021.

****

I do hope all that money is set aside for needed school replacement/reno; and the MOE does not claw any back in any fashion.

That's enough extra money to replace 2-3 elementary schools with all the bells and whistles.

 

[AlexBozikovic]

It took eight years to make this deal happen, and the board is getting $150-million for 1.8 million ft.² buildable. What would that be worth today?

 

[mrxbombastic]

It took eight years to make this deal happen, and the board is getting $150-million for 1.8 million ft.² buildable. What would that be worth today?

Taking a midpoint of $120/sf based on 2019 values, we're talking $216 million for the zoned land. But TDSB got a premium as the land was unzoned beforehand, which would have probably netted them only $80/sf around here now.

Land value source: https://www.mcap.com/development-finance/land-value-report

 

[AlbertC]

Looks like Fitzrovia have a piece of this pie. 1141 Bloor West (East Block) is being listed as a (future) project on their website portfolio. Which I'd reckon means they'll be handling a rental component of this overall development.

Fitzrovia – Fitzrovia

fitzrovia.ca

 

[Midtown Urbanist]

Looks like Fitzrovia have a piece of this pie. 1141 Bloor West (East Block) is being listed as a (future) project on their website portfolio. Which I'd reckon means they'll be handling a rental component of this overall development.

Fitzrovia – Fitzrovia

fitzrovia.ca

View attachment 342017

I thought that the rental portion was supposed to be conveyed to the City as affordable housing?

Edit: The affordable housing building (F) is to the west of the majority of the site. So "East Block" must refer to either Block C, D, or E.

 

[AlbertC]

Hazelview Investments and Fitzrovia Announce Co-Development on Bloor & Dufferin

/CNW/ - Today, Hazelview Investments and Fitzrovia Real Estate announce they will be the co-development managers of the community-oriented, pedestrian-first,...

www.newswire.ca

Hazelview Investments and Fitzrovia Announce Co-Development on Bloor & Dufferin​

TORONTO, Sept. 14, 2021 /CNW/ - Today, Hazelview Investments and Fitzrovia Real Estate announce they will be the co-development managers of the community-oriented, pedestrian-first, mixed-use development at 1141 Bloor St. West and 980 Dufferin St. in Toronto. The development is envisioned as a world-class example of urban design that prioritizes vibrant community spaces and the preservation of the neighbourhood's rich heritage components.

"We are honoured to be the stewards of this development especially in a neighbourhood with such a unique heritage," says Michael Williams, Executive Director, Real Estate Development, Hazelview. "This is a truly collaborative effort and the vision for this development will add a significant number of homes to the area, in addition to progressive and diverse housing options with Habitat for Humanity, a community hub and daycare, and opportunities for local artists and entrepreneurs. Capital Developments and Metropia have worked hard to set the stage through rezoning, and we remain steadfast in our commitment to working with the community as we turn this vision into reality."

The masterplan community will include:

• Approximately 2,100 residential suites with a mix of rental and owner-occupied units;
• An 8-storey building with 56 purpose-built units to be conveyed to the City of Toronto, exclusively for public affordable rental housing;
• A 30,000 sq. ft. community hub and daycare located in the historic Kent School;
• A new 38,500 sq. ft. public park;
• 50,000 sq. ft. of office space, 174,000 sq.ft. of retail, and 70,000 sq. ft of amenity space;
• New public and private roads built to improve traffic circulation;
• Potential of an Artists Commons where local artists will have an opportunity to make contributions to the laneways within the community;
• A $17 million affordable housing trust

The development will benefit from direct access to the TTC through a newly constructed below-grade pedestrian tunnel that will connect to the Dufferin Subway Station.

"We remain committed to the guiding principles set forth for this development, including creating a vibrant addition to the existing community that captures the incredible culture and spirit of Brockton Village." says Adrian Rocca, CEO of Fitzrovia. "This starts with preserving the unique heritage elements of the Kent School and Bloor Collegiate." Alberta Investment Management Corporation, which is investing on behalf of its clients and as co-owner alongside Fitzrovia, is also delighted to participate in delivering an exceptional masterplan community.

The site's visioning, and subsequent rezoning were led by Capital Developments and Metropia, with Hazelview as lead investor.

"As we started to think about a higher mix of rental versus condo, it became obvious that the project could benefit from Hazelview, as prime investor and a major rental developer and operator, playing a more substantial role in delivery," notes Jordan Dermer, Managing Partner, Capital Developments.

"Hazelview and Fitzrovia also remain committed to delivering all public benefits as promised including affordable housing, parkland, and a community centre in addition to more rental," adds Todd Cowan, Managing Partner, Capital Developments.

"Hazelview has been a great partner over the last five years, and we look forward to their continued success with the project," says Howard Sokolowski, Chairman and CEO, Metropia.

To learn more about the redevelopment please visit www.bloordufferin.com.

 

[Towered]

Start digging.

 

[Northern Light]

City action regarding this site, in the form of an RFP:

 

[Towered]

Site is fenced off!

 

[AlbertC]

Site is fenced off!

Both the Bloor Collegiate and Kent School buildings?