jaycola
Active Member
Big Hole, 2 cranes up and lots of equipment on soggy day.
No workers to be seen today.
No workers to be seen today.
NYk Drne
Active Member
It will be interesting to see if this excavation is to be as deep as the Hullmark Centre.
The area of the site is about the same.
The area of the site is about the same.
UD2
Active Member
I am in love with this. That entire area needs a complete revamp. There is another site east of Yonge north of Finch in the form of a strip plaza anchored by a Food Basics that is just screaming to be "densified" into a condo. I hope that happens soon.
investican
Active Member
That site is NewtonBrook Plaza--they have received over a dozen offers/LOI's in the last 3 years that I know of. Two came from me. They not looking to sell now. At one time they stated they would like to get the approvals themself and become a silent partner when they sell...but not for a long time.
NYk Drne
Active Member
Investican:
There was a plan for the plaza that was posted on the City of Toronto website a year or so ago--perhaps that was one of yours.
It might have been discussed here, I am a little fuzzy on it now. It showed several towers and retail. But about a year later the Food Basics did a major revamp of the exterior; it was obvious no new development was taking place soon.
Interesting observations investican, you are obviously an insider to this one.
There was a plan for the plaza that was posted on the City of Toronto website a year or so ago--perhaps that was one of yours.
It might have been discussed here, I am a little fuzzy on it now. It showed several towers and retail. But about a year later the Food Basics did a major revamp of the exterior; it was obvious no new development was taking place soon.
Interesting observations investican, you are obviously an insider to this one.
investican
Active Member
I was informed that Food Basics extended their lease for 5 years + an option for 5 more.
With the area developing at an impressive rate (Condos along Yonge/Transportation/dozens of infill projects in the imediate vicinity etc.) --I don't see them selling anytime soon for it has very impressive revenue and they have no debt on the property. I could see them waiting atleast 4-5 years but I'm simply speculating.
FTR, I was Brokering the deal for two partners on this property. Not purchasing it myself.
With the area developing at an impressive rate (Condos along Yonge/Transportation/dozens of infill projects in the imediate vicinity etc.) --I don't see them selling anytime soon for it has very impressive revenue and they have no debt on the property. I could see them waiting atleast 4-5 years but I'm simply speculating.
FTR, I was Brokering the deal for two partners on this property. Not purchasing it myself.
UD2
Active Member
Do you know of any other sites that wants to sell but are searching for investors?
investican
Active Member
UD - Check PM
reaperexpress
Senior Member
This construction site is HUGE! It's full of people and machines, and frequent dump trucks leaving! A construction worker there said it's the largest project ever in York Region, and it sure shows.
This building's going to have a huge impact on the Thornhill skyline and will be visible from an enormous distance, because it's on the top of a hill.
This building's going to have a huge impact on the Thornhill skyline and will be visible from an enormous distance, because it's on the top of a hill.
UrbanAffair
Senior Member
^Theres a Thornhill skyline??
taal
Senior Member
There is now. Actually from a far this will look to be part of the NYCC skyline. Though it'll look much larger then anything else.
How big is the mall being build here ? Pretty big it seems
How big is the mall being build here ? Pretty big it seems
reaperexpress
Senior Member
Well, not so much one skyline as a couple clusters. I was thinking of the view looking south from Richmond Hill Centre: a cluster of towers around the Bathurst and Centre (15 towers) and a line along Yonge (including 10 towers in Thornhill). World on Yonge would join the latter, but stand out a lot.
Solaris
Senior Member
Final Phase: Parkside Towers @ World on Yonge - 2 towers @ 27 and 18 storeys
3rd Floor Amenities + Roof Terrace
The Site Plan
In summary:
MODs ... a thought
:
3rd Floor Amenities + Roof Terrace
The Site Plan
In summary:
- Bldg A1: World on Yonge (north), residential + L1/L2 retail, 31s
- Bldg A2: World on Yonge (south), residential + L1/L2 retail, 31s
- Bldg B1: Parkside Towers (west), residential + L1 retail, 27s
- Bldg B2: Parkside Towers (east), residential + L1 retail, 18s
- Bldg C: Hotel & Office, 20s
MODs ... a thought
:World on Yonge (Yonge & Meadowview, Liberty Dev Co, 2x 31 + 27 + 20 + 18s, Kirkor)
Uncle Teddy
Senior Member
Thanks for the construction updates. Here comes World on Yonge, Markham's tallest building!
cruzin4u
Senior Member
It's slowly getting there...
