Recent content by Tormick

An issue though is that construction costs have drastically increased since pre-pandemic, which means rents have had to increase. I don't believe rents have matched construction inflation costs yet, and we'll need more pressure on space limitations before this gets built. I know developments...

With all the construction we've had you'd think you'd see tractor trailers carrying window and curtain wall pieces all of the GTA but I've never seen one. Do they just arrive super early and beat the QEW parking lot

In the current environment, these don't scale right. In our current environment, these small homes aren't worth the time vs. returns. Smart Density provides some interesting 'studies', I just don't see these taking off the same way ModCity has done fourplexes across the GTA. Still feels like...

Thank you for the follow-up

CORE folded? When did this happen?

That's positive. Would love to see this get built! And if they decided to JV or take on the entire project themselves like Phase 1

Is there? I thought I had heard that with the reduction of capital flowing to PE & VC that LS rents were reduced and vacancy was increasing. But I could be wrong. NL you probably have an inside-track.

Think this breaks ground in the next 5 years? It was supposed to be a Life Sci hub similar to MaRS... but with the sector downturn interested to see if they'll pivot to another academic building.

So did this deal fall through then

Drove by yesterday - still looking pretty bleak -but the neighbouring VIVA? project looks great. Looks like EMBLEM took over Core's portion of the project. Their logos been blanked out - I'll grab a photo next time I pass, but might need to update the project header

Logo wouldn't look bad in the sky-cube

Love the look of this building and how visible is when looking south down Yonge.

Shots fired PE. Missed that this building had been vended into the JV.

Lol who you thinking I agree - I'm not a fan, and don't think this has been designed well.

Exactly - realistically it's the ONTARIO science centre. They 'should' move it to somewhere way more transit oriented - specifically by school bus. Doesn't have to be downtown Toronto or connected to subway. Maybe look for land around York U or Vaughan