Toronto 19 Bloor West | 317.4m | 99s | Reserve Properties | Arcadis

One could wear stilts in each apartment. 4 to 7000 square feet is not huge. The difference is made up by large amenity spaces and the buyers probably an estate elsewhere in the 30 to 50,000 square foot range
 
This one did go to OLT and the Merit Hearing is scheduled for June 10, 2024.

The first CMC was this past January.

We know this, because the item will be before Council next week, the details are currently confidential.

That means a settlement offer is on the table and this won’t even get to a hearing.
 
I don't know if developers in Toronto are greedy (fill the site with as many units as possible) or if the market just doesn't support super-luxury condos with fewer units which would still make economic sense to developers. For example, in New York they're building a 54-storey condo with just 41 units (!) on a site probably smaller than this.

Nobody in Toronto is going to pay $30M for a 5th floor unit: NY buyers are somewhat unique for the continent.
 
Nobody in Toronto is going to pay $30M for a 5th floor unit: NY buyers are somewhat unique for the continent.
Btw just read that the building I was referring to is getting a lot of flak for blocking the view of the Empire State Building from 5th Ave south of 29th St
 
They've got that wrong, as in 262 m (860 ft) does not constitute a supertall. However, ESB at 381 m (1,250 ft), not including the spire, is in fact the supertall here...

...what they really want to say is that a tall luxury building under construction will obstruct views of the iconic ESB from that location. Less sexy, but much more accurate.
 
This one did go to OLT and the Merit Hearing is scheduled for June 10, 2024.

The first CMC was this past January.

We know this, because the item will be before Council next week, the details are currently confidential.

Was anything learned about this at the Council meeting?
 
Still confidential; should be public this week.

Two days later, as promised.

Here is the settlement offer: Notably, this one went up in storey count and height in M.

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Taken from: https://www.toronto.ca/legdocs/mmis/2024/cc/bgrd/backgroundfile-243875.pdf

Overall Item: https://secure.toronto.ca/council/agenda-item.do?item=2024.CC16.10

Site Stats:

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Amended Site Plan:

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Amended Ground Floor Plan:


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Hmmm, amended elevator ratio: 8 elevators (residential) to 1,290 units

0.62 elevators to every 100 units

Or 1 elevator to every 161.25 units.

That sounds grand.

@ProjectEnd !


****

Flagging @Paclo for the database changes here.
 
1.7m people per sq.km. with that lot area and assuming 1.7 people per unit. Is 59.5 the highest FSI we've had so far?
 

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