urbandreamer
recession proof
Today:
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Edge Lofts (625 Queen East, Streetcar, 6s, Quadrangle) COMPLETE
urbandreamer
recession proof
This afternoon:
queenwestres
New Member
Is this project still going? It seems like it's been at a standstill for a while...thanks!
urbandreamer
recession proof
This thread reminds me that I haven't been east of Parliament Street in over 4 months.
Did they run out of money? Is this a Streetcar Developments building? Could they be filing for chapter 11???
Did they run out of money? Is this a Streetcar Developments building? Could they be filing for chapter 11???
I noticed this project as I drove south on the DVP today. I have not seen it in a while so I do not know what is recent progress and what isn't, but it looks like it has been topped out for a while now and the building is being clad. Has it stagnated in that way for a while now?
UrbanD - is it really fair to raise a bankruptcy rumour unless you have proof of that?
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UrbanD - is it really fair to raise a bankruptcy rumour unless you have proof of that?
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CityPlaceN1
Senior Member
Since when is chapter 11 relevant to those of us in Canada?
jayzie
New Member
Work is still progressing on the building. Drywall was being unloaded today.
IMO, Streetcar is a small developer that may have bitten off slightly more than they can chew. Edge and Vinegar are currently being built (Vinegar quite behind schedule and again IMO, is not turning out as well as conceptualized). Streetcar Phase I is in very very early stages of construction (buildings at 569 King E and 52 Sumach recently demolished). With plans for Corktown Phase II and another development in the works at Queen & Gladstone, Streetcar is very busy. In the past, they've had two projects on the go at the same time at most. Now they're juggling five....
IMO, Streetcar is a small developer that may have bitten off slightly more than they can chew. Edge and Vinegar are currently being built (Vinegar quite behind schedule and again IMO, is not turning out as well as conceptualized). Streetcar Phase I is in very very early stages of construction (buildings at 569 King E and 52 Sumach recently demolished). With plans for Corktown Phase II and another development in the works at Queen & Gladstone, Streetcar is very busy. In the past, they've had two projects on the go at the same time at most. Now they're juggling five....
cdr108
Senior Member
I like Streetcar's projects - their size and context within the neighbourhoods.
Nice mid-rises with modern exteriors, although their interior layouts could be better than the typical long and narrow floorplate.
I just hope they don't become a victim of their own success and as you say, bite more than they can chew. If I recall correctly, BJL did alot of the marketing for their current projects. I hope Les wasn't too charmed by BJL's egotism into thinking that rising RE values would continue forever.
Nice mid-rises with modern exteriors, although their interior layouts could be better than the typical long and narrow floorplate.
I just hope they don't become a victim of their own success and as you say, bite more than they can chew. If I recall correctly, BJL did alot of the marketing for their current projects. I hope Les wasn't too charmed by BJL's egotism into thinking that rising RE values would continue forever.
Riverdale Rink Rat
Senior Member
Member Bio
- Joined
- Apr 29, 2008
- Messages
- 2,775
- Reaction score
- 273
- Location
- Back to East York... Alas!
Cladding looks great!
They're buttoning up this project, and the choice of cladding (sort of a gunmetal gray/brown colour) and asymmetric windows are very modern look without being yet another glass curtainwall. I'm a fan.
This project looks to have some great retail space at ground level, but it's not really a strolling block -- I wonder what would work. It would need to be a bit of a destination.
They're buttoning up this project, and the choice of cladding (sort of a gunmetal gray/brown colour) and asymmetric windows are very modern look without being yet another glass curtainwall. I'm a fan.
This project looks to have some great retail space at ground level, but it's not really a strolling block -- I wonder what would work. It would need to be a bit of a destination.
urbandreamer
recession proof
19 October 2008 photo update
I failed to get a super good shot of the curtainwall, but I can confirm it looks good.
ps: I'm shocked at how little interest the forum has shown in the East Toronto projects. What's up with the bias?
I failed to get a super good shot of the curtainwall, but I can confirm it looks good.
ps: I'm shocked at how little interest the forum has shown in the East Toronto projects. What's up with the bias?
Solaris
Senior Member
I like those floor-to-ceiling windows ... thanks UD ~
I'm not suprised on the lack of forum interest on this, given that's the usual reaction on projects locate anywhere outside of the downtown core
I'm not suprised on the lack of forum interest on this, given that's the usual reaction on projects locate anywhere outside of the downtown core
UserNameToronto
Active Member
I agree--I think it's a fuzzy idea of what the downtown core really is.
This project is closer to the arbitrary centre of Toronto's downtown (say, King & Bay) as Trinity Bellwoods is.
2.6km
http://maps.google.ca/maps?f=d&sadd...79.356201&sspn=0.009609,0.016866&ie=UTF8&z=15
2.8km
http://maps.google.ca/maps?f=d&sadd...79.401155&sspn=0.019221,0.033731&ie=UTF8&z=15
BobBob
Senior Member
Sure, but this is across the river, which is a physical as well as a psychological border.
... hence the name 'Edge'. The core definitely does not cross the Don.
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UserNameToronto
Active Member
I agree--the Don is the eastern front. The western is, what--Bathurst? Dufferin?