A survey crew was working around the 460 King Street West building this morning. Allied owns the properties on either side (west on King Street and north on Spadina) of the property, and has spoken of plans for intensification of the area. Information on the acquisition, and on Allied's adjoining properties from the July 2014 press release is as follows:
460 King Street West
Located on the northwest corner of King Street West and Spadina Avenue, this property is comprised of a vacant heritage building with approximately 20,000 square feet of GLA and 4,224 square feet of surplus land. The site is rectangular in shape with 8,960 square feet of area, 70 feet of frontage on King West and 128 feet of frontage on Spadina. The property is immediately south of Allied’s parking lot (11,228 square feet) at 78 Spadina, which is immediately south of two of Allied’s Class I office properties, 80-82 Spadina and 96 Spadina.
Looking forward to seeing what is being planned here.