Toronto The Sterling Automotive | 69.2m | 19s | Lamb Dev Corp | a—A

This one is the subject of a public settlement offer, coming to next week's City Council meeting:

Report:


From same:

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From the offer letter, found here: https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-235265.pdf

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From the Arch. Plans, found here: https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-235253.pdf

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ahh, a narrow site which finally forces Lamb to build actual, wide, shallow units! Just hope you don't mind a 3 minute walk down the longest hallway in the city from the elevator..
Both King Charlotte (constructed) and Wellington House (kyboshed) both have / had great wide shallows. Some of the best units in the ED, actually.
 
Wide and shallow units you say? The bulk of the units look to be under 500 sq ft. A shelf with a window. That spells speculative investor to me in this neighbourhood.
Unless the market picks up, it's going to be a while before this gets built. Prices are dropping downtown. Older, existing units, will be competitive in price and offer more space than new builds for those who want to live near downtown. Now that most people who can afford to buy a condo don't have to work in the office 5 days a week, they can afford to move a little farther away. That means they no longer need to live in a shoebox. Really, who would want to live there at the prices they will have to pay?
 
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Some activity on the Lobbyist Registry had me looking to see what's up here........

Site Plan Approval - Refused is what....

This was novel earlier today, but this is the second BJL application on which I've found this, and I will now search for more.
 
The SPA was resubmitted in Aug '23 with the following changes, mostly inline with the settlement proposal:
  • Storey count increased from 18 to 19
  • Height increased from 67.5 to 69.2m
  • Total residential units increased from 326 to 344
  • Total vehicular parking increased from 101 to 117
Updated renderings:
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Take a bow, Brad and Peter! We have a new worst project in the City for elevators after Massey. 2 cabs for 344 units. 172 ratio.

If you take away the 19 grade-related units, it's still 162 which would make it 4th worst, a hair worse than 19 Bloor (at 161).
and to make it worse, it's only 2 cabs. One goes into service, and good luck getting to your unit!
 
Will it take longer to a) walk the length of your BJL specialty bowling alley unit? or b) catch the elevator at the end of that walk? Stay tuned to find out.
 
Take a bow, Brad and Peter! We have a new worst project in the City for elevators after Massey. 2 cabs for 344 units. 172 ratio.

If you take away the 19 grade-related units, it's still 162 which would make it 4th worst, a hair worse than 19 Bloor (at 161).

Lamb seems like he doesn't care about end users. He was fine with letting people live above a mechanic's garage at this location in illegal apartments with carbon monoxide issues until the city stepped in.

If there's a profit to be made, he'll make it and move on to the next project. At the end of the day, you're building homes for people to live in and invest their lives in, not making cheap disposable widgets. You have to have empathy and respect for the end user to do your job properly as a home builder.
 
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