Toronto | Grainger | 147.87m | 45s | Fitzrovia | Turner Fleischer | Page 9

AlbertC · Jan 27, 2022

Being marketed as the "The Grainger and the Sanderson":

The Grainger & The Sanderson - Fitzrovia

260 King E.

fitzrovia.ca

DSC · Jan 27, 2022

AlbertC said:
Being marketed as the "The Grainger and the Sanderson":

The Grainger & The Sanderson - Fitzrovia

260 King E.

fitzrovia.ca

Where in god's name do they get these names? This is a historic part of the City and I would have hoped they might have found names that had some local connection. Maybe the 1837 Rebels Lount & Matthews: https://en.wikipedia.org/wiki/Samuel_Lount

AlbertC · Jan 27, 2022

DSC said:
Where in god's name do they get these names? This is a historic part of the City and I would have hoped they might have found names that had some local connection. Maybe the 1837 Rebels Lount & Matthews: https://en.wikipedia.org/wiki/Samuel_Lount

Fitzrovia have an ongoing track record with choosing building names with a vaguely British influenced theme but lacking local context.

They did connect The Waverley with the former Waverly Hotel at Spadina & College. But mostly everything else has just been random, with names like the Parker, the Elm & Ledbury, the Sloane & Trafford, and now with the Grainger & Sanderson.

Properties – Fitzrovia

fitzrovia.ca

DSC · Jan 27, 2022

AlbertC said:
Fitzrovia has an ongoing track record with choosing building names with a vaguely British influenced theme but lacking local context.

They did connect The Waverley with the former Waverly Hotel at Spadina & College. But mostly everything else has just been random, with names like the Parker, the Elm & Ledbury, the Sloane & Trafford, and now with the Grainger & Sanderson.

Properties – Fitzrovia

fitzrovia.ca

Indeed! They note in their PR website that this building is in Historic York but then totally ignore the historic names they could have used! Sigh. I just emailed them and suggested a naming competition but .....

AlbertC · Feb 2, 2022

FITZROVIA ANNOUNCES MIXED-USE DEVELOPMENT IN KING EAST NEIGHBOURHOOD

/CNW/ - Fitzrovia is pleased to announce the acquisition of 260 King East, where it will develop a mixed-use community occupying a full city block in the heart...

www.newswire.ca

FITZROVIA ANNOUNCES MIXED-USE DEVELOPMENT IN KING EAST NEIGHBOURHOOD

TORONTO, Feb. 1, 2022 /CNW/ - Fitzrovia is pleased to announce the acquisition of 260 King East, where it will develop a mixed-use community occupying a full city block in the heart of the King East office corridor in Downtown Toronto. The development will serve as a world-class example of urban design which promotes a vibrant, pedestrian-first environment while preserving the rich heritage of the Old Town of York.

The site is currently occupied by several low-rise office buildings including four designated heritage buildings and surface parking. The property is located within the King-Parliament Secondary Plan which is comprised of a grid of public streets, lanes, parks and open spaces, some of which date back to 1815.

"We are thrilled to be leading such an exciting development in Toronto's oldest neighborhood with unique heritage and cultural significance," says Adrian Rocca, CEO, Fitzrovia. "King East is quickly establishing itself as one of the fastest growing employment areas in Canada with leading firms across the business services, film, media, design and technology sectors all choosing to grow here. The area is undersupplied with housing, and we believe rental units will be well received by this submarket."

The community will be named the The Grainger and The Sanderson, and will include:

Approximately 850 residential rental suites targeting a diverse resident base including young families, downsizers and young professionals;
Approximately 50,000 square feet of restored and refurbished brick-and-beam office space;
Approximately 20,000 square feet of ground floor retail targeting a variety of entertainment, food and beverage, and essential retail uses;
A new 5,000 square foot public park; and
Retention of heritage components across the site.

"This acquisition represents an exciting and important expansion of our portfolio. We are bringing high quality rental housing to one of Toronto's top 24/7 districts with employment, housing and entertainment all at your front door," notes Corey Pacht, Senior Director of Investments, Fitzrovia. "Our team is focussed on designing a complete community that will not only improve the lives of our residents but enhance the entirety of the surrounding neighbourhood."

The development will benefit from regular TTC streetcar access along King East and Sherbourne and the future Ontario Line's Corktown Station, which is expected to be built one block east of the site.

AlbertC · Feb 3, 2022

Fitzrovia buys T.O.’s 260 King St. E. for 2-tower redevelopment

Fitzrovia has acquired a full city block at 260 King St. E. in Toronto where it plans to develop a two-tower mixed-use project with approximately 850 residential rental suites. Toronto-headquartered Fitzrovia and an unnamed institutional partner acquired the property from

renx.ca

Next steps for 260 King St. East

Fitzrovia filed a site plan application with the city late last year and is moving through the approvals process. Rocca expects to receive demolition permits this summer.

The 260 King St. E. site is occupied by low-rise office buildings and surface parking. Three technology and film industry tenants will remain in their current locations until October.

There are four heritage structures on the site, including three- and five-storey red-brick buildings constructed in the 1800s that face King Street and will retain their existing look as part of the development.

“The buildings will be restored and refurbished on the inside to create brick-and-beam office space that we think will be well-suited for the neighbourhood,” said Fitzrovia senior director of investments Corey Pacht.

Demolition work on the property should begin in Q4 2022 once Fitzrovia receives vacant possession. Shoring and excavation are expected to begin next February or March.

Rocca anticipates construction taking 38 months to complete.

The Grainger and The Sanderson

The two Turner Fleischer-designed towers will be named The Grainger and The Sanderson. They’ll include:

– approximately 850 residential rental suites;

– approximately 50,000 square feet of restored and refurbished brick-and-beam office space;

– approximately 20,000 square feet of ground-floor retail space that will likely include food and beverage uses;

– and a new 5,000-square-foot public park.

The buildings will feature a range of studios, one-, two- and three-bedroom units.

Rocca said the average size of one-bedroom units will be approximately 575 square feet, while two-bedroom units will average approximately 850 square feet and three-bedroom units will be more than 1,000 square feet.

While the location should appeal to young professionals working in the area, one building will be largely geared to young families and older down-sizers, so it will have a bias toward two- and three-bedroom units.

“I think the downtown east submarket is in desperate need, especially with the burgeoning office story down there, of exceptional quality rental units,” said Rocca. “The amenity package that we’re currently working through is going to be the best in class in the market.”

The site will have easy access to the Toronto Transit Commission’s King Street streetcar and Sherbourne Street bus routes. The future Ontario Line subway’s Corktown station is expected to be built one block to the east.

There won’t be an affordable housing component in The Grainger or The Sanderson, but Rocca said it is planned in other upcoming developments.

“We are actively looking to include affordable rental development in certain projects going forward and are looking to set up a dedicated vehicle for affordable rental development that we’d like to launch at some point later on this year.”

AlbertC · Apr 3, 2022

New Parks in the Moss Park Neighbourhood

Two new parks are coming to the Moss Park Neighbourhood as part of mixed-use development projects. The park designs will be determined through community engagement. The name of this project has been corrected to Moss Park Neighbourhood from North St. Lawrence Neighbourhood.

www.toronto.ca

Two new parks are coming to the North St. Lawrence Neighbourhood as part of mixed-use development projects at 261 Queen St. E.

and 254-260 King St. E

. The park designs will be determined through community engagement.

Project Timeline

Winter 2022: Hire a design team
Spring 2022 to Fall/Winter 2022: Community engagement and design development
Spring 2023 to Winter 2023: Detailed designs
New Park on Richmond Street East:
- 2024: Hire a construction team and construction starts
- 2025: Construction complete, park opens
New Park on King Street East:
- 2025: Hire a construction team and construction starts
- 2026: Construction complete, parks open

The timeline is subject to change.

The new 470m2 park that will be constructed as part of the development at 254-260 King St. E. will be located northeast of King Street East and Princess Street. This park will be referred to as the New Park on King Street East until the park is officially named.

artyboy123 · Jun 7, 2022

New renderings are updated in the database! There is some project information changed in the database. The total unit count changed from 756 units to 791 units. The total building storey count changed from 36 & 34 storey to 40 & 38 storeys. The total height of the buildings changed from 120.65m & 114.75m to 124.80m & 118.80m. Finally, the total parking spaces changed from 206 parking to 202 parking.

The renderings are taken from the architectural plan via Site Plan Approval: