mvern2
New Member
does anyone have an update on this? has another developer bought the site?
- Thread starter Edward Skira
- Start date
Don't hold your breath for this one. Locals want something short which means no money to be made here.
mvern2
New Member
Thats a shame! its a great local!
WiddleBittyKitty
Felis catus
Locale, maybe?
urbandreamer
recession proof
Sounds like Peter Freed just bought this site:
@JShamess on twitter says
@JShamess on twitter says
Automation Gallery
Superstar
2 large redevelopment land sites closed this week: Freed buys site east of King Eddy for $19.2m ($77 BSF) and 1 Atlantic Ave to Minto $19.8m
Wow 19.8 million bucks...1 Atlantic Ave, isnt that the old Upper Canada brewery site on the edge of the rail corridor.
AlbertC
Superstar
A 20-30 floor, with podium component Freed/Core building would work well at this site. Looks like Freed has ambitious goals to expand and colonize other parts of the city (Y/Eg and King East to be the new Freed-ville's?)
Towered
Superstar
But the old Freedville still has plenty of good sites for re-development...
Automation Gallery
Superstar
Yeah, they all come with tons of red-tape from concerned neighbourhood citizens.
DSC
Superstar
Freed has now applied for, and received, a building permit for the sales centre - though no plans for the actual building have yet got to the City! - they appear to already be building the sales centre!
Application: Temporary Structures Status: Permit Issued
Location: 101 KING ST E
TORONTO ON
Ward 28: Toronto Centre-Rosedale
Application#: 11 292397 TPS 00 TS Issued Date: Oct 25, 2011
Project: Commercial Sales Pavilions
Description: Proposal to construct a 1 sty sales centre.
Application: Temporary Structures Status: Permit Issued
Location: 101 KING ST E
TORONTO ON
Ward 28: Toronto Centre-Rosedale
Application#: 11 292397 TPS 00 TS Issued Date: Oct 25, 2011
Project: Commercial Sales Pavilions
Description: Proposal to construct a 1 sty sales centre.
Last edited:
Automation Gallery
Superstar
Hmm, 19.2 million for the land....i predict 40 storey + for this location.
ToroTO
Active Member
Was walking by the site yesterday and the lot at the corner of King and Church St. was fenced off with stacks of boards. Nice to see something getting started at this location, have always disliked seeing that parking lot at such an important location. Looking forward to seeing the proposal.
DSC
Superstar
Yes, it will be interesting to see what their plans are but it seems a bit 'horse before the cart' to build a sales centre before any plans have got to the City.
Sales centre is being built. I'd be shocked if they got anything near 40 storeys. Great Gulf had a hell of time getting anywhere close before they gave up.
Towered
Superstar
^ Yeah. I think Freed will get 25 if he's lucky. Still, I'm excited about this! A guy like Freed investing east of Yonge is very positive, and could jump start another neighbourhood boom like he did in King West. This area definitely could use it more.