Assuming this goes through, curious, how many other cities, if any, in NA, have a purely residential building as their #1 tallest ? I'd imagine for just about all cities this would typically be an office building ?
I'm very excited about the retail potential here. I think this will inject a lot of excitement with new to Canada retailers to Yorkville. I can't wait to here who might be coming.
I think the the bronze colour of the building's exoskeleton will really stand out amongst a sea of grey or blue-green towers we have in Toronto.
This building is handsome, has height, and is street friendly and will be a great addition to the Toronto skyline but it is by no means an "iconic" building. In 20 years when there will be a lot of similar size buildings throughout the downtown Torontonians will view this as one of the nice tall buildings in the city but that's all.
Don't high-end retailers prefer street presence though? Why pay the exorbitant rents to be in a mall? Many will pay dearly, and at a loss, just for the branding/exposure that a high profile address will offer (i.e. Bloor, 5th Avenue etc). Regardless, I think a lot will depend on how much ground-level street access there will be. One or two large-format (i.e. potentially multi-level) retailers will work better, such as a department store.
People are missing a spire. We all love a spire.
Don't high-end retailers prefer street presence though? Why pay the exorbitant rents to be in a mall? Many will pay dearly, and at a loss, just for the branding/exposure that a high profile address will offer (i.e. Bloor, 5th Avenue etc). Regardless, I think a lot will depend on how much ground-level street access there will be. One or two large-format (i.e. potentially multi-level) retailers will work better, such as a department store.
Didn't the Qatari royal family buy Harrods from the dubious Mr. Fayed? They have deep pockets.I think most American departmental stores that want to be in Canada are already here.
Think European players. i.e Galeries Lafayette (as mentioned by another forum member. They've been expanding recently), Also perhaps a flagship Harrods under new owners with means to enter new markets.
Didn't the Qatari royal family buy Harrods from the dubious Mr. Fayed? They have deep pockets.
Don't high-end retailers prefer street presence though? Why pay the exorbitant rents to be in a mall? Many will pay dearly, and at a loss, just for the branding/exposure that a high profile address will offer (i.e. Bloor, 5th Avenue etc). Regardless, I think a lot will depend on how much ground-level street access there will be. One or two large-format (i.e. potentially multi-level) retailers will work better, such as a department store.