another little detail on the vinyl wrap about H-Mart, there's also a bakery opening up too... hopefully baked on site, but either way a nice add for the neighbourhood

Tous les Jours is the second largest South Korean bakery behind Paris Baguette (the one near Yonge and Sheppard).
They're baked on-site.
 
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Nothing. The Chinese developer is liquidating its Canadian assets.
 
are you sure?

kidding you are

Dude,.... when you checked out your unit, did you look at the site to the north - where Phase 2 is/was supposed to be??? Aoyuan got permission to start Shoring for Phase 2 at the end of 2021,.... one year to dig down, one year to build up to ground level,... so right now they should be concrete forming the 4th floor of the podium,... take a look at that site now,... nothing! nada,... empty,... not even a hole in the ground,...
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Look,... Aoyuan Canada has been instructed headquarters to sell off everything,... Aoyuan Canada can't even get a loan for a pack of tic-tac! Most optimistic case would be a new Developer comes in with their own redevelopment and it'll take 10 years to get Community Centre and DayCare built,.... realistically the current Aoyuan Phase 2 & 3 proposal are worthless and will never be built,.... why? they were negotiated for 3.7 - 4.3 FSI density,.... any Developer could get way more now,... and no promise for Community Centre and Daycare,...
 
Taken 5 May. Yonge Street is so funny. Sheppard to finch is East Asian. As soon as you get north of Finch it is New Teheran! Lol And I guess that it is that way into Richmond Hill.

One little side note. Yonge Street is pretty much developed or has applications and there is a lot of activity one block over on the east and west sides. Will development spread to the areas further away that are sfd? With zoning changes I can’t see it not happening and soon! Lol

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Taken 5 May. Yonge Street is so funny. Sheppard to finch is East Asian. As soon as you get north of Finch it is New Teheran! Lol And I guess that it is that way into Richmond Hill.

One little side note. Yonge Street is pretty much developed or has applications and there is a lot of activity one block over on the east and west sides. Will development spread to the areas further away that are sfd? With zoning changes I can’t see it not happening and soon! Lol

I don't see that happening - it's all pretty much single family homes. Actually what irks me - there are so many townhome proposals on finch east/west - vs low rise buildings - better than what was there before but still.

Contrast that with Sheppard west/east - all mid-rise towers.


Side note the Willowdale facebook group is hilarious in this regard - even townhome developments on major arteries are seen as the root of all evil - typically such proposals are followed by "NYCC is terrible compared to what it was when I group up years ago" ... which I just love - I actually grew up in NYCC, and I recall what it was like ~ 25 years ago ... it was dull / quiet ... generally there is so much more activity today then there was ever before - but alas I'm sure that's what they're complaining about.
 
There is a new Secondary Plan being worked on for the whole corridor from the 401 to Cummer. Because of the 3 subway stations the Province is insisting on a large increase in density especially surrounding the stations. The single family areas closest to the stations will most certainly be impacted. Wait until the Willowdale FB group gets wind of this.
 
There is a new Secondary Plan being worked on for the whole corridor from the 401 to Cummer. Because of the 3 subway stations the Province is insisting on a large increase in density especially surrounding the stations. The single family areas closest to the stations will most certainly be impacted. Wait until the Willowdale FB group gets wind of this.

The primary motivation for reviewing the North York Centre Secondary Plan is because OMB/OLT routinely grant Double Density to the area since Feb 2020,... so have review of the 25 year old Secondary Plan to update it to align it more with the Double Density that's routinely granted anyways at OMB/OLT - so that Development Applications are granted faster and at City level with City getting more say in negotiations (Section 37 Community Benefits & Section 42 Parkland Dedications),...

As for the Single Residential Neighbourhoods within Provincial Transit Hub Nodes (500m & 800m of Subway Stations),... even the Province recognize that the area's various Secondary Plans over-rules their Transit Hub Nodes,... thus, do not expect the boundaries of the Secondary Plan to expand significantly around Transit Hub Nodes
 
Seems like only phase 1
If I'm reading correctly, they have the right to exercise an option to purchase all other shares for phase 2 and 3 for a nominal amount. Not sure why it's done this way, but it does seem like this is a disposition for the entire development (and essentially all remaining interest Aoyuan has in Canada).
 

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