- Thread starter Solaris
- Start date
drum118
Superstar
April 10
ProjectEnd
Superstar
This hasn't moved anywhere in two months. I wonder what the hold up is.
Leo2020
New Member
No updates for the building progress these days???? I am wondering how they can achieve the promised Oct 2022 move in date......fat chance?/??
Here's where the cranes were from across the Gardiner yesterday:
…so you can only see one of the two cranes. It would take a miracle for this to be done by Oct. Maybe if you're on a low floor?
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…so you can only see one of the two cranes. It would take a miracle for this to be done by Oct. Maybe if you're on a low floor?
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AHK
Senior Member
Actually October sounds good. That is October 2023. Over the years, I have seen a number of Conservatory Group projects get built - North York (Pearl Place now under construction as well as its earlier phases) Milan Condominium on Church, next to the Yonge subway, and Infinity Condos at Simcoe and Bremner. The one thing all these projects have in common is they have been slow to get built. Painfully, excrutiatingly slow. Watching molasses flow uphill in winter slow, to be built.
Conservatory Group used to have some competition from Todd Glen construction in the slowest to build stakes, but Todd Glen seems to have quite upped their game over the past few years. (If I recall correctly, Todd Glen built the first four City Place buildings for Concord Adex - the ones on the north side of Front Street, east of Spadina - and was never used again by the developer).
So now, in my opinion, of the major developers, Conservatory Group is in a class by itself in this regard.
Conservatory Group used to have some competition from Todd Glen construction in the slowest to build stakes, but Todd Glen seems to have quite upped their game over the past few years. (If I recall correctly, Todd Glen built the first four City Place buildings for Concord Adex - the ones on the north side of Front Street, east of Spadina - and was never used again by the developer).
So now, in my opinion, of the major developers, Conservatory Group is in a class by itself in this regard.
innsertnamehere
Superstar
They tend to sit on their approvals forever before building too - they sat on this one forever, on their two north York sites, and I think they have a few other sites with the entitlements in place but no movement towards construction.
Leo2020
New Member
Approval for what? Additional floors? Cheers!
@innsertnamehere is saying that as opposed to developers who get their zoning and site plan approvals (and buildings permits) one after the other and then start building immediately, the Conservatory Group will get those approvals and then may sit on them for a few years before they start building.
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This evening:
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Things are up at Conservatory. Anyone here have more insight than what's in the articles below?
www.thestar.com
www.lexology.com
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Multibillion-dollar development empire, built by Auschwitz survivor, has been ordered sold because his four wealthy sons can’t get along
The late Teddy Libfeld emigrated to Canada in 1951. He founded the company that became the Conservatory Group in 1960 and ran it, beginning in the late 1970s, with his children, until his death, in 2000. Now valued at between $2.5 billion and $4 billion, the company is one of the most...
www.thestar.com
Extreme Family Disfunction: Unintended Consequences in a Winding-Up Case
The Court has broad jurisdiction to intervene in the breakdown of partnerships and corporations where it is just and equitable to do so, and a broad…
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Matty11
New Member
This actually explains why it has been so difficult in dealing with the Conservatory Group. Sometimes it feels like I'm uncovering a conspiracy when talking to the builder or City staff regarding this development. Thanks for sharing.Things are up at Conservatory. Anyone here have more insight than what's in the articles below?
Multibillion-dollar development empire, built by Auschwitz survivor, has been ordered sold because his four wealthy sons can’t get along
The late Teddy Libfeld emigrated to Canada in 1951. He founded the company that became the Conservatory Group in 1960 and ran it, beginning in the late 1970s, with his children, until his death, in 2000. Now valued at between $2.5 billion and $4 billion, the company is one of the most...
Extreme Family Disfunction: Unintended Consequences in a Winding-Up Case
The Court has broad jurisdiction to intervene in the breakdown of partnerships and corporations where it is just and equitable to do so, and a broad…
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drum118
Superstar
Oct 19
More up on site
More up on site
Glad to see that work is continuing here during the trouble at the company, at least those who have purchased here look like they have a building still under construction. I assume a conservatorship and a financing agrrangement of some kind is seeing this through.Oct 19
More up on site
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precondo567
New Member
Gives Conservatory Group name a whole new meaning
