TorontoKash
New Member
strange.. the development site is next to KPMG building in front of Walmart. I was there last week. Didn't realize that Walmart would be gone.
- Thread starter innsertnamehere
- Start date
innsertnamehere
Superstar
The wal mart was always going to leave, but not immediately. I imagine it'll be around for a good while longer. They are taking out part of the parking lot to build this tower, but it will remain until at least the next phase of development.
The Buttermill Avenue extension will happen at a later date when the walmart plot is redeveloped.
The development site is directly to the east of the Walmart. Walmarts parking lot is being reconfigured to accommodate it.
The Buttermill Avenue extension will happen at a later date when the walmart plot is redeveloped.
The development site is directly to the east of the Walmart. Walmarts parking lot is being reconfigured to accommodate it.
narduch
Senior Member
I don't think the Walmart will be gone until they build another store close by
Automation Gallery
Superstar
SmartREIT and Mitchell Goldhar Announce Transit City Condos in SmartCentres Place Substantially Sold Out
TORONTO, ONTARIO--(Marketwired - Jun 6, 2017) - Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that the first and second condo towers called Transit City are substantially sold out, and as a result of the actual sales figures, SmartREIT is amending its previously announced guidance by increasing profitability on these towers to an estimated return of 25-30% on costs from the previously announced 15-20%.
More.... http://www.stockhouse.com/news/pres...ty-condos-in-smartcentres#8LEXlFPs3So57blW.99
TORONTO, ONTARIO--(Marketwired - Jun 6, 2017) - Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that the first and second condo towers called Transit City are substantially sold out, and as a result of the actual sales figures, SmartREIT is amending its previously announced guidance by increasing profitability on these towers to an estimated return of 25-30% on costs from the previously announced 15-20%.
More.... http://www.stockhouse.com/news/pres...ty-condos-in-smartcentres#8LEXlFPs3So57blW.99
raptor
Senior Member
And the design is not even finalized. Lots of bits of info in the latest round of the Vaughan DRP.
narduch
Senior Member
Apparently it's also expensive for the area.
On top of the subway will do that. This is ground centre for VMC.
marcus_a_j
Senior Member
It's also "Manhattan North". (I shuddered throughout the advertorial.)
innsertnamehere
Superstar
Phase 3 is now apparently launching. Looks like another crazy year for sales in VMC.
The building appears to be directly north of the new bus terminal, along Portage Parkway, and directly to the east of the first tower. I count 56 floors.
The building appears to be directly north of the new bus terminal, along Portage Parkway, and directly to the east of the first tower. I count 56 floors.
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raptor
Senior Member
I just got an email too. Notice this tower introduces another above ground parking garage.
pmarcovi
New Member
SaugeenJunction
Senior Member
The growth here is insane. Glad to see that the area is growing well around the subway station.
syn
Senior Member
It's not even Cityplace North.
Hopefully this kind of development continues though.
enrigue8
Active Member
New interesting article from Bisnow that feature the condo towers.
https://www.bisnow.com/toronto/news...ty-sells-out-tower-units-in-record-time-75789
A rende that i found on the article .
Good reading everyone .
https://www.bisnow.com/toronto/news...ty-sells-out-tower-units-in-record-time-75789
A rende that i found on the article .
Good reading everyone .
maestro
Senior Member
Developers must be fudging the sales figures and keeping huge blocks for themselves. Right now this is the armpit of the GTA. It'll take at least 10 years for the big box hell to develop in highrise suburbia and at least 20 years to create that suburban city centre vision.