News   Jul 08, 2024
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  1. B

    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    Yup, I'm going to say I called this. The Globe and Mail just published, The One project, located in Toronto’s upscale Yorkville neighbourhood, has now accumulated over $1.5-billion of charges encumbering the lands, with CERIECO ranking last. The lawsuit alleges that “this is in excess of the...
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    Toronto Forma | 308m | 84s | Great Gulf | Gehry Partners

    That's exactly my point Travis, the only difference between the buildings I've shown and Gehry building is the existing ones are "stumps". Taking a well establish style and applying it to a taller building isn't anything special and has little to do with progressive architecture. Simply applying...
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    Toronto Forma | 308m | 84s | Great Gulf | Gehry Partners

    Really?! Randomly assembly or stacked blocks le mass, see below. Yes I agree that the Gehry towers might have better fit and finish but that stands to be seen. Right now the only signficant difference in their form is that they utilize more cantilevered floors and some rotation. They will also...
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    Toronto Forma | 308m | 84s | Great Gulf | Gehry Partners

    This project has spent so long in pre-construction that the form of the building is starting to look a little dated to me already. When the projected was first proposed it contained some very unique forms. Over the many iterations it has gone through, it appears to have simplified and devolved...
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    haven't looked at The One in months. Just checked in and realized One Yonge is going surpass The One for sure. It's basically guaranteed. Despite starting construction many years later HAHAHA. The One
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    I assume the reduced column design also adds value to the residential levels too and isn't entirely for/benefiting the retail? 2030?! If I remember this conversation in 2030 still I'll contemplate applying to Jeopardy with a memory like that. haha. I would think they'd purcahse before then, no?
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    Total possible. So I took a look at Monde. It looks like execavation/shoring began Jan. 2016 and completion was some time around Jan 2019? So three years? Doesn't that fit with in my 4-4.5 years I estimate for real estate? Land acquisition obviously happened much earlier. I don't really...
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    I'd love to see evidence for that on paper. I find it highly unlikley the retail across 5 floors (?) will pay 1/3 of the land acquisition and construction cost or the entire cost to finance. The land and construction cost on this project will be in the hundreds of millions and financing costs...
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    I might be able to address specifics if you can give an example of for-profit private project that actually took 6, 7, 8+ years to complete. Gehry tower may be planned to take 6+ years to complete, I have no idea. But, I also don't see any action there. Let's stay out of hypotheticals, such as...
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    Like I said, the cost to finance a project that takes this many years to complete are exceptionally high. Almost always to the degree that the project is a failure. The return on investment you have to offer a lender on a project with a payback period of 6,7 or 8 years (at this rate of...
  11. B

    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    The construction speed of this project is so sluggish I'm starting to think something shady is going on here. The cost to finance a project that takes this long to complete is astronomical! The longer it takes the more profit the original unit buyers make but the developer is paying massive...
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    ... 😮‍💨 sigh. It was a joke.
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    lol. I wouldn't count on it. I think the Great Pyramids were built in less time than this building. By my calculations they'll have the next floor complete sometime around the end of 2022. The building will be done in celebration of Canada's next centennial and ready just in time for...
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    Toronto Union Station Revitalization | ?m | ?s | City of Toronto | NORR

    For some reason Canadians still use painted/powder coated steel for outdoor fixtures. Somehow the people that write construct specifications haven't figured out salt + steel = rust.
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    Toronto The One | 328.4m | 91s | Mizrahi Developments | Foster + Partners

    How do you have the residential lobby on the 6th floor? Does that mean residents will need to take one elevator from the ground floor to the 6th floor and get on a different elevator to their unit? That sounds like the complete opposite of luxury to me!
  16. B

    Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

    It very well could if it opens the eyes of employers to the feasibility of people working from permanently.
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    Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

    Is Phase 2 actually moving ahead or are they just committed to demolishing the old GO Bus terminal? Considering when the pandemic started it seems like there may have been time to pull the plug on phase 2 considering the reduced demand for office space.
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    Toronto 400 King West | 157.37m | 48s | Plaza | BDP Quadrangle

    Not going to happen anymore. Two months later it looks like people can't sell their micro condos for 10-20% below what they were selling them for 1 year ago. The sub 500sqft market it is totally dead. They are going to have to redo some floor layouts if they want to sell. No one is buy...
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    Toronto No7 Rosedale | 16.76m | 4s | Platinum Vista | Hariri Pontarini

    I did some googling and their expert, Carl Bray, who's testimony is described as "incredible", does consulting work all around ON. More than a bit concerning when a consultant (I am one) can't even get the facts right when offer testimony at a tribunal.
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    Toronto No7 Rosedale | 16.76m | 4s | Platinum Vista | Hariri Pontarini

    UT should really do a story on this. Would be a lot more interesting than another development proposal story. Probably too edgy for them though.

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