Toronto U of T: Schwartz Reisman Innovation Centre (Phase 2) | ?m | 20s | U of T | Weiss/Manfredi

Demolition for Phase 2, the ~20 floor east building, is well underway.

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Toronto's newest parking lot

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So Phase 2 connects to Phase 1 - through a shared podium right? Or it was by previous design documents. Does that mean all those precast panels will just be disposed of? Seems like they could've used a cheaper knockout panel on this side, understanding this is only an interim condition.
 
So Phase 2 connects to Phase 1 - through a shared podium right? Or it was by previous design documents. Does that mean all those precast panels will just be disposed of? Seems like they could've used a cheaper knockout panel on this side, understanding this is only an interim condition.
I've been wondering if they'll reuse the affected panels on the new building, cus yeah otherwise it seems like a waste
 
The above posts have all been moved from the Phase One thread, and we now have an early-stage DB file attached atop for Phase Two.

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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.
 
Think this breaks ground in the next 5 years?

Yes.

It was supposed to be a Life Sci hub similar to MaRS

Sorta

... but with the sector downturn interested to see if they'll pivot to another academic building.

What downturn? There's a shortage of wet lab space in the City which will be central to phase 2. A real focus on regenerative medicine. That's still the plan.
 
What downturn? There's a shortage of wet lab space in the City which will be central to phase 2. A real focus on regenerative medicine. That's still the plan.

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.
 
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.

Not really my area; though I am U of T alumnae, but not the faculty.

That said, I just looked it up, vacancy rate for wet labs in Toronto is currently tracking at ~0.2 to 0.8% over the last couple of quarters, suggested demand exceeds supply.
 

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