Red Mars
Senior Member
Mar 15, 2024
- Thread starter ProjectEnd
- Start date
irishboy
New Member
i was at the public consULTion for the new 10 ordnance park last night ans one of the park designersmentioned this site was leased back to the city for 10 years. i dont know if this is acuuate, or how to even confirm but figured i would share. i guesss it will be a while before we seee any work starton thid project unfortunately.
AlbertC
Superstar
The Stackt shipping container market moves west??
I jest...
I jest...
irishboy
New Member
no, the imprrssion i got qA IT Qa not the STACKT markwt but more the land where th salt is stored. (this city loves its salt after all) i think they intend to continue using the lsnd for salat storage. again, i could be mistaken
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cereal
New Member
This might be related to the adjacent City of Toronto Snow maintenance yard. Years ago (8+) , I heard that the city planned to vacate and sell it off in the long term. They needed like ~10years of use on the site, then it could be put up for sale. I wonder if the developer bought this land and is leasing it back to the city until they vacate it.
ProjectEnd
Superstar
They have not and do not have any plans to.This might be related to the adjacent City of Toronto Snow maintenance yard. Years ago (8+) , I heard that the city planned to vacate and sell it off in the long term. They needed like ~10years of use on the site, then it could be put up for sale. I wonder if the developer bought this land and is leasing it back to the city until they vacate it.
Red Mars
Senior Member
May 21, 2024
Northern Light
Superstar
Towered
Superstar
I'm angry that the land has just been sitting as a brownfield eyesore for quite a while now...
ProjectEnd
Superstar
Can't really do much without, you know, 'a market' and 'money'...
DavidCapizzano
Senior Member
Could they not move forward with the rental component?
ProjectEnd
Superstar
Application Details
www.toronto.ca
SPA Resubmission for Phase 1 & 2 with the following changes:
- Building A has increased from 33 to 40-storeys, height has increased from 113.11 to 132.8m
- Building B remains 12-storeys, height increased slightly from 41.85 to 42.5m
- Building C remains 32-storeys, height decreased slightly from 110.4 to 108.61m
- Total residential units has increased from 1054 to 1217, condominium tenure has been dropped, this is now contemplated solely as market-rate rentals
- Total vehicular parking increased from 418 to 444 (incl. 40 spaces allocated for use by future phase)
- Total bicycle parking increased from 1308 to 1315
- Office portion dropped from phases 1 & 2 (Building D is still contemplated as office + retail, but not in scope of this SPA)
Axo Perspectives:
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Northern Light
Superstar
Really pleased to see this shift to 100% rental (assuming we're moving ahead).
There is some use of colour still, which is nice, not sure about the colour of the lowrise brick.
There is some use of colour still, which is nice, not sure about the colour of the lowrise brick.
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rdaner
Senior Member
Very sensible.