- Thread starter AlbertC
- Start date
junior43
Active Member
I haven't looked at the plans, but I'd assume there's at least two levels of underground parking, so they'll still need to keep digging.
Privateer
New Member
I drive by the site regularly, digging has resumed, at least along the eastern wall (they've dug down about another 10-15 feet, hard to tell when driving by), also work is progressing on the connecting street they are required to build between Kingston Road and East Haven.
DianaE
New Member
Hi all,
I drove by last night. The chain link fence surrounds the project, so apologies if the pictures don't show a clear image. They've also boarded up along the wall by the sidewalk, so you can no longer drive by and catch a glimpse.
Not good with measurements, so can't tell you exactly how many feet they've dug up, but it looks quite deep to me. Usually when I stop by, they're working into the night. There's a huge industrial/construction light post where I was standing. But yesterday, they must've took it easy and called it a night early.
Also, at the very end of the site, where the new road will be built, it's been completed cleared and they've paved some form of concrete or something along the path, so it's clearly visible, looks great. But not wide enough for parking ( I don't believe).
I drove by last night. The chain link fence surrounds the project, so apologies if the pictures don't show a clear image. They've also boarded up along the wall by the sidewalk, so you can no longer drive by and catch a glimpse.
Not good with measurements, so can't tell you exactly how many feet they've dug up, but it looks quite deep to me. Usually when I stop by, they're working into the night. There's a huge industrial/construction light post where I was standing. But yesterday, they must've took it easy and called it a night early.
Also, at the very end of the site, where the new road will be built, it's been completed cleared and they've paved some form of concrete or something along the path, so it's clearly visible, looks great. But not wide enough for parking ( I don't believe).
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junior43
Active Member
They were in the process of putting up the crane yesterday. The mast was up as well as the cab for the operator. They must be coming back today to install the boom.
DianaE
New Member
Eug
Senior Member
Yeah, I came here to post that the crane is up. I saw it a couple of days ago.
All I can say is I really hope this project on the south side of Kingston Road kickstarts development on the north side too. Because the north side is pretty damn harsh. The hard part of getting the north side developed though is the fact that a lot of the units are individually owned. Getting everyone on board to sell one contiguous chunk land is difficult. It was easier on the south side since huge swaths of land are owned by single owners.
For example, there is a strip mall on Kingston Road near Warden that suffered the same problem. My understanding is that every owner in that strip mall was ready to sell their property for a good price, except one. I don't know all the details about the last owner, but that owner simply refused to sell. I was told it wasn't that he was holding out for a huge payout, but just that he didn't want to sell at any reasonable price. So that killed the entire project. Now that strip mall still sits as a crap destination, with low end shops and restaurants that come and go.
All I can say is I really hope this project on the south side of Kingston Road kickstarts development on the north side too. Because the north side is pretty damn harsh. The hard part of getting the north side developed though is the fact that a lot of the units are individually owned. Getting everyone on board to sell one contiguous chunk land is difficult. It was easier on the south side since huge swaths of land are owned by single owners.
For example, there is a strip mall on Kingston Road near Warden that suffered the same problem. My understanding is that every owner in that strip mall was ready to sell their property for a good price, except one. I don't know all the details about the last owner, but that owner simply refused to sell. I was told it wasn't that he was holding out for a huge payout, but just that he didn't want to sell at any reasonable price. So that killed the entire project. Now that strip mall still sits as a crap destination, with low end shops and restaurants that come and go.
OneC
New Member
I think it will accelerate the development in the area in general. If you go onto the City of Toronto Application Planning site, there are already 4 more similar projects planned along Kingston road. The North side isn't that bad- it is not prestige retail but at the same time the amenities match the current need in the neighborhood. Like any gentrification- once the new upper-market condos are put in, the lower end retail will not have a buyer and will be driven out of the market.
Once owners age, properties will change hands to their children who will more than likely sell to developers. I will be interested to see how much these units go up when the building is finished. A purchaser was trying to flip her 1BR 599 SF unit on Kijiji for $289,900- which is an increase of $100,000. Not sure if it sold or not, but she took it down.
One thing that is concerning is the townhouses that face that ghetto wall. That street beside the building is going to be a security concern.
Once owners age, properties will change hands to their children who will more than likely sell to developers. I will be interested to see how much these units go up when the building is finished. A purchaser was trying to flip her 1BR 599 SF unit on Kijiji for $289,900- which is an increase of $100,000. Not sure if it sold or not, but she took it down.
One thing that is concerning is the townhouses that face that ghetto wall. That street beside the building is going to be a security concern.
nutsandbolts123
New Member
I don't think units can be assigned before closing
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OneC
New Member
Yes, it is allowed in the agreement of purchase and sale.
junior43
Active Member
canazian
New Member
Drove by on Saturday and it looks like the Eastern half is out of the ground.
Privateer
New Member
Parking Garage is done, they are working on the ground floor, much like I predicted at the end of august (roundabouts) they sent out an email with revised completion dates for spring/summer 2018.
OneC
New Member
junior43
Active Member
Floor 2 in some parts, finishing 1st floor in most parts.
That was last week though, I don't live near it anymore so don't see it as often.