Toronto 10 St Mary | 197.73m | 60s | Mattamy Homes | a—A

[ProjectEnd]

 

[ChesterCopperpot]

Castlepoint purchased 710,712 and 714 Yonge last month.

 

[innsertnamehere]

Now if they could just get 716 and 718 to fill out the block..

 

[UrbanLurker]

Now if they could just get 716 and 718 to fill out the block..

They already have 718. See #65 and
http://www.toronto.ca/legdocs/mmis/2017/pb/bgrd/backgroundfile-102682.pdf

 

[innsertnamehere]

hmm. Wonder what 716 is holding out for, they are clearly trying to assemble the whole thing.

 

[DonValleyRainbow]

This may be helpful to everyone:

 

[innsertnamehere]

720-728 is the shoppers development, BTW

 

[androiduk]

^^ 79 St. Nicholas as pictured in the above post has now been demolished.

 

[UrbanAffair]

Castlepoint now have the whole block aside from the properties fronting Charles and the Shoppers redev. 716 was sold in December. $4600 per sq ft lot.

 

[innsertnamehere]

And thus they now have an assembly large enough to build a real tower on. Looking forward to seeing what they come up with.

 

[ProjectEnd]

They're still hampered by OPA 183 - what do you mean by 'real tower'?

 

[UrbanAffair]

Is the OPA applicable to the rear portion along St. Nicholas? My bet would be on something similar to 5 St. Nick's, retaining the heritage at the front.

EDIT: It appears it is applicable to the whole block, in which case scratch what I just said.

 

[innsertnamehere]

They're still hankered by OPA 183 - what do you mean by 'real tower'?

one that has a large enough site to provide proper setbacks. You could probably get something in the 170 metre range even taking into account OPA 183. Probably something similar to Clover on Yonge.

 

[ProjectEnd]

The only setback that might change would be to the north. They already had the properties on St. Nicholas.

 

[androiduk]

Guess they're starting to clear the building out because I've seen a steady stream of moving trucks for the last week or so.