Toronto 122 Peter | 132.79m | 40s | Kingdom | BDP Quadrangle

The heritage building on Peter st. was burnt and demolished last year. Why is it still in rendering?
It will presumably be reconstructed.

This is happening at several heritage sites in the core that have burned in advance of construction lately.
 
The 120 Peter Street legacy building at the Carlyle Condominium site is being worked on - small crew on site. Given that much of the property has been temporarily rented to Graywood Developments for use as a staging area for their Peter and Adelaide project, suspect that no major developments for the Carlyle project happening soon. No advertising or marketing information posted - no 'Coming Soon' signs.

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Funny enough the south building there (118 Peter) isn't part of either assembly. It's an orphan - the owner wanted silly amount of money ($7m IIRC) so both parties walked away. 120 Peter is where Carlyle's ownership starts.
 
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Is that their second foray into the Toronto market following M2M in North York?
The second one we know about, it any case!

42
 
Carlyle seem to be active more on the flipping side of the market lately, as seen here and the properties around 149 Bathurst, which were sold to Allied. Curious if a similar plan will be in place later for their 6 Dawes project as well.
 
Site Plan Approval application submitted:

Development Applications

Updated project description:
Site Plan Approval for a 42-storey mixed-use building having a non-residential gross floor area of 878 square metres, and a residential gross floor area of 21,338.84 square metres. A total of 374 residential dwelling units are proposed.
 
Site Plan Approval application submitted:

Development Applications

Updated project description:

Revised project description:
Site Plan Approval for a 39 storey mixed-use building having a non-residential gross floor area of 878 square metres, and a residential gross floor area of 21,338.84 square metres. A total of 374 residential dwelling units are proposed.

BDP Quadrangle: 39 storeys

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I like this, the stylized multi-tone cladding is quite clever. Although it mellow out from afar, the details certainly pop when observed up close.
 

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