taal
Senior Member
Wait we're not losing the building in the front of that pic ... rather the smaller one behind it.
Not only that, hardly anyone even sees the North and West facing sides anyway.
Wait we're not losing the building in the front of that pic ... rather the smaller one behind it.
Hahaha, Wow..its amazing how people come to a conclusion that its all coming down....it is the smaller one, and the one closest to the empty lot that is going to be part of the development and not 146 Front Street West.
Yep that's right ...
Having said that, I can understands some concerns that this will only be the start and eventually the building fronting Univeristy will go as well ... hopefully that'll never happen.
It always amazes me how large companies that thrive on the business of leasing commercial office space can make such mistakes ... first of all, the inventory figures in that report are not at all representing the CBD ... for Toronto, it's the entire city. The vacancy rate, however, is for the downtown core alone.
Now to be fair ... I think the messed up the inventory of all cities They all look like the total inventory across the city proper ... at least they didn't include the rest of the GTA, a very common mistake.
80 million is about the figure for all of Toronto last I checked.
Actually ... having a closer look, I'm pretty sure Huston and Los Angles are wrong ... i.e. the inventory is actually for the CBD alone in that case so I would ignore those entries.
I think the leasing companies stats are fair. Los Angeles and Houston have minimal office space outside the CBD so no need to include it, where as Toronto has a lot of office space outside the CBD so it is fair to include the whole city to give a more accurate office space number. I think you will find most American cities are pretty flat outside the CBD.
And saving the West facade? Who cares, you can't even see it as it bumps right up against the structure everyone is apparently falsely scared of being torn down.
On the office tower, i would like to see a Philly type Comcast Centre or even Liberty Place development...well, anything other than the box.
From what I've heard it won't be a box, rather two quadrangles with a couple right angles. Think something like the 45 Bay street proposal.
No, thats the eastern facade...i think that western facade will be rebuilt on the Simcoe st. side, which i think might look tacky
Oh right whoops, my mistake. I think maybe I assumed that because the west side faces the parking lot that it wouldn't survive. Ok wait, rebuilding it facing Simcoe? So it would be detached from the south facade? Wouldn't it make sense to rebuilt both at the corner of Simcoe then.. Two detached facades would look terrible.
You're kidding right ? Los Angeles mainly has space outside of it's core ... you think 17 million for LA (less then Ottawa) is accurate ?