Recent content by innsertnamehere

The US has plenty of expensive urban toll roads too. Canadians are most familiar with the thruways of the US northeast, which are indeed tolled relatively affordably.. But many aren't. The Washington DC Express lane network can get more expensive than the 407 in rush hours. There are plenty of...

That report only identifies immediate structural repairs to the roof. You are aware that there is far more to buildings than a roof, right? It doesn't even address the structural challenges of the bridge, which had been ongoing since 2022... The option wasn't "spend a few million to fix the...

so the renovation of a severely decaying heritage structure with high standards of restoration is likely going to be cheaper than building a new, smaller building? And that complex heritage restoration is less likely to go way over budget than the new construction? Not always how it works.

NSFW..

Eglinton LRT, you know, that one that is basically confirmed to be opening in 2 weeks? I could maybe see the Yonge extension take until 2040 to open.. but the rest won't be anywhere near that long. Hurontario will likely be 2027.. maybe 2028. Ontario Line is looking like it will be the early...

S.37 can be used for a wide variety of things. The developer basically agrees to provide $X million in benefits. Some times it's a cash payment, sometimes its something like providing land or purchasing land.. but that land still has a cost, and the City opts to direct that money to that cost...

nothing in the sense that it burned the S.37 benefit on it instead of something else.. nothing is free in this world. I'm sure that S.37 benefit had a significant commuted value.

The province announced the move of the OSC to Ontario Place over a year in advance of the emergency closure... I can tell you they were looking at it for years before that too before making the formal announcement. The 2021 Ontario Place announcement for Therme also included unlabeled buildings...

And that buys you a fixed roof on a 60-year old facility over exhibits that are generally 20-30 years old and with a host of other issues. https://globalnews.ca/news/10899041/ontario-science-centre-relocation-cost/ Reports indicated that the new facility would be cheaper, which is why the...

how much did the city pay to buy the building?

The report identifies: The costs of repair were deemed too great and the operational impacts on a facility already hobbling along with decades of underinvestment were deemed too great, so they shut it down. There is a reason the Province has been planning to replace the OSC for years. The...

Also: Ya'll need to understand how Engineers work and design structures. Factors of safety are critical. Just because a building hasn't physically collapsed doesn't mean it's safe - because buildings are safe until they very suddenly aren't. To quote Ernest Hemingway: Buildings work this way...

given that the snow yesterday was mostly light, fluffy stuff.. probably. It's not the kind of snowfall the report warned against. The 40cm of snow that dropped here yesterday weighs probably as much as 15cm of heavy, wet stuff.

Block maybe? They are a very large fintech company with no current Toronto presence I know. I'm pretty sure they have a fairly substantial Canadian staffing list already working fully remote as well.

Who could it be? Not a lot of fintech companies big enough for 223,000sf.. Wealthsimple is already in the Well and only leased about half that space there. That's about half of the building, FYI. I'm sure Carttera is relieved for this thing to no longer be burning a hole in its pocket.