And what if this project falls victim to a market downturn? This is an exciting proposal, but it's just a proposal and it's in the hands of private development interests and there is no guarantee of the outcome. The block could be leveled and another developer could take over if anything goes awry.
For all of the critics of these 'warehouses', they are no different from the celebrated 'warehouses' on King west of Spadina that Allied restored and converted. They too have the issue of entrances that are not at sidewalk level yet they have been made to engage with the street extremely well. These buildings were arguably the catalyst for the resurgence in popularity of King West as one of the most coveted districts in the city. These buildings were once ugly, drab white-painted eyesores that someone with less imagination might have torn down.
Just like what it happened to One Bloor, first owned by Bazis with most striking design that many buyers lined up to own a masterpiece, then when it went downhill, Bazis sold to Great Gulf, with completely revamped design and I cannot even compare the first and last design. I could say the first one was the most ideal for One Bloor. It seems we do not have any desires or wishes the consumer world creating and simulating these worlds and lifestyles in which we have desires and wants and endless demands. We are supplied with our demands and economy happily functions ever after, keeping a steady graph line without many ups and downs that create economical disaster. Our developed Toronto as well functions just like we do, then Mirvish+Gehry finds well functioned for Toronto.
In Toronto we are not surrounded with the junk space but we are living in a junk space. I often look at the new buildings or suburban houses, which pose as "Victorian", "Georgian", etc. styles, implying a kind of quality, longevity, history, etc... where in fact these houses and buildings are quite the opposite of that which they are trying to communicate, they are made of "paper", efes system, drywall and hang bricks. We all know and we all buy them and build the foundations of our "new communities" around them. We hand around these hermetically white, brushed stainless steel and glass "lounges" just because the "wall paper" magazine (the name of the magazine being quite honest of its content) recommends as a valid, hip and cool place. Today we can buy a "life style" on a paper and happily live with a full subscription to it.
For true heritages, even tho it is difficult to understand Toronto's move to heritages fully due to the specific style of modernism Toronto wants to see, with which perhaps Toronto is trying to materialize the "junk". For example when we see loss of structure and expression of it, I think of many arched entrances around our city that are signifying a welcoming "threshold" and yet they are absolutely not structural and are made of efes system, stuccoed to a perfection giving you an impression of structural function. As well as many restoration jobs around the city which completely underestimate the typology, building's history and previous function, where only the facade is preserved and giant glass boxes are super imposed as volumes that disregard their own design, never mind the restoration of the existing buildings. One of great example is Princess Margaret Hospital on University Avenue south of College Street "restored" by Zeidler Roberts Partnership.