PMT

PMT

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Altree continues Mandelbaum’s real estate development journey | RENX - Real Estate News Exchange

Zev Mandelbaum comes from a line of developers, and he knew his career path from an early age. It’s a route that has led to the formation of his latest company: Altree Developments. Mandelbaum’s grandfather started H&R Developments in 1952
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The latest project to be announced by Altree is Highland Creek, which is proposed for two properties south of the University of Toronto Scarboroughcampus. It will cover 3.05 acres at 1625 Military Trail and 6000 Kingston Rd. overlooking what Mandelbaum describes as “a cocoon of nature” and the Highland Creek River that runs down to Lake Ontario.

The eastern Toronto property contains forests, wetlands and meadows, as well as approximately 54 kilometres of trails and year-round recreational opportunities. Public buses run along both Military Trail and Kingston Road, while the Guildwood GO Transit station, a future Eglinton Crosstown light rail transit station, the university and Scarborough Town Centre are all nearby.

The Highland Creek condominium development will consist of two buildings of from six to eight storeys with approximately 500 residential units ranging between 425 and 875 square feet.

Mandelbaum has met with City of Toronto staff regarding plans and hopes to have a submission to them this summer. He’d like zoning to be in place a year from now, with construction to start after that.
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Highland Commons | Altree Developments

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altreedevelopments.com altreedevelopments.com
 
1625 MILITARY TRL
Ward 25 - Scarborough District​
​


Development comprising of two 8-storey residential buildings with a total of 620 units and below grade parking.
Proposed Use ---​
# of Storeys ---​
# of Units ---​
Type​
Number​
Date Submitted​
Status​
Applications:​
OPA & Rezoning​
19 237544 ESC 25 OZ​
Oct 17, 2019​
Under Review​

 
Kohn Partnership Architects:

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if affordable housing is not being sought here, the major push should be made for street level Daycare and Retail. It's something we need more of in the suburbs, not less! It's a reasonably walkable neighbourhood and parents studying at UTSC could make use of it (apart from everyone else who would).
 
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The proposed development consists of two 8-storey residential towers with a total of 578 dwelling units and a total gross floor area of 37,099 square metres, resulting in a density of 3.10 times the area of the lot. The proposed development provides three levels of underground parking with a total of 534 parking stalls.
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