Just to be clear, that doesn't mean they are scrapping the design as is now, right? Just selling their share of the project?Dream Impact on Scarborough Junction on the conference call.
They are planning on selling Scarborough Junction. The plan was to generate the density, then sell the project. They are in the passenger seat for the ride and own 23%.
It's a huge chunk for MPCT vs current market cap.
From the end of the Storeys article shared above: "Thank you very much for sharing this information - this is such a great forum with some incredible intel. I live and own a business in the immediate area, and I am wondering if anyone knows when construction will start for this project?
I assume from the posts above with the moving pieces mentioned by 1C0 and the dream sale by others, it will be a few years before a shovel enters the ground?
They have made the confidential items now public - https://secure.toronto.ca/council/agenda-item.do?item=2024.CC14.10
The plans don't appear to have changed much from what has been posted previously on here.
Appreciate the heads's up...............but the bold isn't quite right; the top height here jumped 10s from 48s to 58s.
There are now several buildings above 50s...........
The unit total also shot up from just over 5,800 initially to more than 7,600 now.
@Paclo will need to update the Database files.
I will link to the settlement offer and the plans:
Settlement Offer:
Plans File number 1:
Plans Files number 2:
From the above:
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I believe you are comparing the settled plans with Republic's 1st submission? For which there certainly are some significant changes.
Comparing to the latest resubmission made by Republic (as of summer 2022) the changes are less drastic, but there was a bump this time in FSI I noticed (from 4.88 to 4.95) - so the unit count increased by about 250, the tower heights increased for towers on Blocks E+F and one on I, some podiums reduced, LW units facing mews turned into retail... Otherwise, looks like everything has remained roughly the same
Resubmission plans (June 2022)
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Resubmission Stats (June 2022)
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Settled Plans (Feb 2024)
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Settled Stats (Feb 2024)
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