Toronto 88 Isabella | 203.65m | 62s | Capital Developments | Diamond Schmitt

[AlbertC]

According to developers and realtors, it’s Yorkville

Source

 

[RickyBobby]

Yes, probably will be chopped down to 47-52 stories in line with other completed and under construction towers in the area. The dark horse is the office/residential proposal on Church (625 Church). If approved at 59 stories, it could set a precedent.

Apparently based on today's story, they settled @ 56. https://urbantoronto.ca/news/2022/0...ssists-landowners-through-development-process

 

[sprtn]

This is a CAPREIT rental building, that they still have a listing up for (https://www.capreit.ca/apartments-for-rent/toronto-on/isabella-apartments/). This is a long standing property of theirs in the GTA, interested to see if they sold or I wonder if this is how they are doing their development program now (JV) vs trying it on their own and seeing it fail (100 Wellesley).

 

[Rascacielo]

Apparently based on today's story, they settled @ 56. https://urbantoronto.ca/news/2022/0...ssists-landowners-through-development-process

I guess the new height will be around 190 m? For a purely residential building, that could house 60-62 stories.

 

[Blixtein]

They should just go all in and call it Rosedale.

 

[AlbertC]

"88 Isabella - Where Yorkville meets Rosedale!"

 

[UtakataNoAnnex]

"88 Isabella - Where Yorkville meets Rosedale!"

...and have a love child?

 

[Rascacielo]

"88 Isabella - Where Yorkville meets Rosedale!"

So it's Yorkdale?

 

[sprtn]

Capreit confirmed it’s disposition of this asset today for $56M

 

[jmacmillan]

I’d like to see a plan for the so-called “on site parkland”. The current parking lot is strewn with litter 24/7.

 

[Northern Light]

* Docs are Up * (partially, no Planning Report or Landscape Plan yet)

The parkland dedication is useless and really amounts to off loading the cost of landscaping maintenance to the City:

 

[Northern Light]

Planning Report is up, so I'll add from it:

 

[denfromoakvillemilton]

saw this. I think all these old apartments will be gone soon.

 

[Undead]

It's such a shame our planning regime incentivizes tearing down perfectly good apartments.

 

[dt_toronto_geek]

This is a CAPREIT rental building, that they still have a listing up for (https://www.capreit.ca/apartments-for-rent/toronto-on/isabella-apartments/). This is a long standing property of theirs in the GTA, interested to see if they sold or I wonder if this is how they are doing their development program now (JV) vs trying it on their own and seeing it fail (100 Wellesley).

100 Wellesley is still happening.