ProjectEnd
Superstar
Yeah, this ain't happening. Sorry, Fiera.
Toronto 125 The Queensway | 164.55m | 50s | Fiera | Turner Fleischer
- Thread starter Northern Light
- Start date
torontowest91
Active Member
they have the entire christie lands to develop first - with park lawn go
Amare
Senior Member
torontowest91
Active Member
I am just saying "they" as in - before 125 Queensway is developed - someone needs to do something with the huge Christie lands first.
I don't think 125 would get touched until after Christie lands are built up.
I don't think 125 would get touched until after Christie lands are built up.
Full Metal Junkie
Senior Member
This made me curious if the bylaw restriction on building anything covers just the Christie lands or blankets the whole area. Alas, the requirement to build Park Lawn GO before any other development can take place only covers the Christie site as per SASP-15 document.
So technically, they could build here if they wanted to. But I think it's been made clear this was never a true development proposal. Rather, just propose-and-flip scheme. With sloppy AI architectural renders to boot.
There's no "they." If Fiera had approval to advance their project here, they could proceed whenever they get financing, whether the Christie site was advancing or not. The current reality is though that the City is against Fiera's plans, so approval is either going to be held up for a while, or possibly "forever," while down at the Christie site, owner First Capital REIT is being divided up by KingSett and Choice Properties REIT, and who knows when the dust will settle on that, and where the development scene will be when that happens. Basically, the way things stand, no big changes to anything on either site for the foreseeable future.
42
Amare
Senior Member
Well i've got great news for you!
As @interchange42 alluded to, First Capital is basically no more. So unfortunately 2150 Lake Shore is in a permanent sate of stasis, and what makes that site even more complicated is that part of it was already divested to Pemberton. Then add to current market slump, the empty promise of a GO station that at this point wont be built before 2040 because the province isnt serious and linked the development of the GO station to the development.
So the end result is....a whole lot of nothing being built in the area.
I shudder to think what's going to happen with 2150 Lake Shore, that was the only saving grace for Humber Bay.