Apparently a crane is giong in today for the King Street building, and in a few weeks, one will also go in for the Bathurst Street building. The cranes do the last of the digging and then start the construction.
this area of the city is becoming my favourite. I'd like to see what freed can do with red brick instead of minimalistic white + glass. There's still many parking lots (and a few ugly office buildings to implode) to fill but within 5-10 years, I believe the area will become the new "yorkville." Everyone on Stewart St seems to drive either a Mini Cooper, Audi A4 or BMW--kind of disgusting in a way but it will be interesting to see if the city will allow Portland St (i'm thinking of those rundown old houses) to become the new John St---ie little cafes in those houses; plus some retail on Bathurst St etc. Overall, if i don't buy a house in Dovercourt Village (cheap and rundown i love it!) i may just join the spoilt kids and buy from the monopolistic freed.
Are there any city planning doc's showing renderings about this 650 king st w proposal?
Let's see: first before area becomes trendy he takes rundown but hot modernist architecture and ruins it by turning it into suburban stucco money maker. Then Freed moves in. Buys up the land and builds highend condos. Eventually, luxury Freed and aLoft hotels open. Mr Inn Keeper shall then lose some business and sell out at enormous price to Mr Freed hence becoming a Mr X Innkeeper. Mr X Innkeeper is very happy with $30 million buyout; Stewart St Rich kids are happy (until the pile drivers arrive) that ugly noisinn is gone; Mr Freed is happy that he can make another $100,000/unit sold on the new "Rich Kids' Inn" condo. Completion date: 2014.
Pipe dream? I hope not because X Inn is uglier than Sin.