ADRM
Senior Member
Elevator core now sprouting up above the adjacent.
There's already a few office buildings in the nearby vicinity so having a condo tower here provides a nice mix to the area IMO.
The small site suits residential floor plates I think.
I'm not sure an office development would have been viable here given the site size, the cost of land, and the floor plate needs of the large companies who could afford to lease the space.
The CIBC and Bay buildings are ripe for demolishment and new structures built in their place.
I'm not sure what the point of belabouring this thread with this speculation is. It didn't happen for several reasons. A couple of posts are enough for that. Take the office talk to a thread for an office building in the area that may be redeveloped.There are a lot more condos than offices. Charles Street is full of tall condos. Office buildings have a lot more heavy foot traffic and should be built closer to the subway. We have mostly offices in Financial District and not have condos in that area is not a problem. This area already has a lot of residential all around and lot more is coming up in Yorkville.
They could have consolidated some adjacent land parcels. Although I guess the demand for office space isn't that high at this time for that location. So I would have preferred if the city had changed the zoning to commercial. 20 years from now, this intersection may have a lot more demand of office space. Who knows!
CIBC building is still newish (less than 50 years old) and we have a lot older office buildings in the city. Even if CIBC and Bay get replaced, the best we may get is the same office space replaced, not a net new addition, which will be a shame. I would prefer to wait and get this area matured up and then think about adding office space here. We don't building intersecting heavy subway lines like that every year.
Because there will be an Apple Store in this building, discussion of the Apple Store in this building is relevant here. If people want to talk more about the chain in general, then yes, they should take it to the Apple Store thread in our Retail Forum.I would also like to see Apple Store discussions move to the Apple Store discussion thread as well, please...
I get that. But it seems to noodle into the store chain in general.Because there will be an Apple Store in this building, discussion of the Apple Store in this building is relevant here. If people want to talk more about the chain in general, then yes, they should take it to the Apple Store thread in our Retail Forum.
42
20 230612 STE 11 OZ
Application Type: Rezoning
Date Submitted: 18/12/2020
Status: Application Received
Description: Proposal for a by-law amendment application to the approved 85-storey mixed-use building by adding an additional 9-storeys for residential uses. The proposed addition will bring result in an increase to 85,664 square metres of total gross floor area comprised of 67,995 square metres of residential gross floor area and 17,669 square metres of non-residential gross floor area. A total residential unit count of 505 is proposed.
Perhaps the hotel will be converted to condos?Hmmm.....
Trying to squeeze in more floors into the approved height? Adding height?
Perhaps the hotel will be converted to condos?