Freed is pretty good when it comes to design. I'd expect it to be fine.
Toronto 346 Davenport | 36.27m | 9s | Freed | RAW Design
- Thread starter androiduk
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AlbertC
Superstar
Looks like this will remain dormant for a while:
April 5, 2020
April 5, 2020
gccb1224
New Member
We received an email stating Covid-19 will further delay this project 30 days! 30 days would be a pleasure...we’ve been waiting 2 1/2 years for this project to even start! Last time ever buying preconstruction! Such a small project and such a long wait! So so so annoying!
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PHT
New Member
Hang in there. This is my third preconstruction, and delays are a normal part of the game. My first preconstruction took 8 years from deposit to registration, and it was only a 32-unit building.
COVID-19 will only slow things further.
Downtown Toronto
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This project is minimum 1 year behind schedule before Covid. The 30 day notice is merely a legal obligation they have to provide notice.
gccb1224
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I knew that this was just a legal obligation on their part but, it doesn’t make it any easier to swallow! I just hope that I live long enough to be able to take possession!
gccb1224
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AlbertC
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May 16, 2020
AlbertC
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The equipment has been removed (again).
May 23, 2020
May 23, 2020
Downtown Toronto
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Buhumbug ?
AlbertC
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Hmm...after comparing those two most recent sets of photos a bit closer, it looks like the equipment present around May 16-ish were there only to paint the neighbouring building's side wall to a solid grey. There's been no substantial indicators that shoring has resumed yet.
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Downtown Toronto
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What was the point of painting that building if no one's going to see it ever again? unless it's some sort of waterproofing.
shotgun2020
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The longer they delay starting construction, the more likely this project gets cancelled, right?
It's been about five years since sales now I think ... and no construction start on the horizon
It's been about five years since sales now I think ... and no construction start on the horizon
AlbertC
Superstar
There's no definite interpretation to this but it certainly doesn't help that this keeps getting delayed. The main criteria that comes to mind are permits, budget and resources. However, they already had shoring equipment on site before the pandemic shutdown so I reckon they have shoring permits in general.
As a side note, here's an interesting takeaway from this article about Freed back in early March 2020. He's no longer focusing on small projects moving forward, and has shifted to a larger development focus. Although the understanding is that 346 Davenport was still to be maintained as they mention that construction had just started.
Freed scaling up its future Toronto developments | RENX - Real Estate News Exchange
Freed Developments Ltd.’s recent acquisition of Toronto’s 5.42-acre Don Valley Hotel and Suites property with Fengate Asset Management is the latest example of the developer’s focus on master-planned communities near transit. “I don’t know if we’re going to do many
renx.ca
gccb1224
New Member
I think it is some sort of waterproofing as it is the zero lot line to the building owned by the city of Toronto. I believe that is the women’s shelter.