- Jul 14, 2016
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Graywood plans expansions into apartment sector, new cities | RENX - Real Estate News Exchange
Graywood Developments is currently focused on an extensive list of condo developments in Toronto and Calgary. However, the company is laying the groundwork to broaden its horizons, both into a new sector and at least one new geographic market. The Toronto-based
Graywood just entered a joint venture with Phantom Developments to lead a new development at 314 Jarvis St. in Toronto.
Graywood acquired a 50 per cent interest in the site (currently occupied by a heritage home across from Allen Gardens) from Toronto-based Phantom, and it’s so new no name or branding have yet been established for the project.
Price anticipates building a condo with approximately 34 storeys and 450 units. He expects sales to start in the first half of next year.