innsertnamehere
Superstar
The foundry site is about 2.3 acres - but if you subtract the half acre park it adds up.
Possibly the Foundry site, the project's tenure (purpose-built rental), location, and construction timeline all fit the description:
Tricon and CPP Investments Announce C$500M Toronto Multi-Family Development Joint Venture
/CNW/ - Tricon Residential Inc. ("Tricon" or the "Company") (TSX: TCN), a rental housing company catering to the middle-market demographic throughout the...www.newswire.ca
By the looks of it they are only discussing the two market rate towers in the news release, provided this is indeed the site. the MZO allows for three towers - perhaps the third tower will be the affordable one?Affordable 24/7 concierge? /s
AoD
By the looks of it they are only discussing the two market rate towers in the news release, provided this is indeed the site. the MZO allows for three towers - perhaps the third tower will be the affordable one?
Unless things have changed, Tricon is not the developer for this specific site.
I cant disclose that, and the deal hasn't been finalized yet, but it was not Tricon. Mind you, this deal with Tricon hasn't closed yet either... so could potentially be a change since the last info I received.Who was the developer before?
The tenure of a development‚ rental or condo—is not the determining factor regarding whether the design will be scrutinized by the public or not. While high quality renderings are not always created for rentals as developers do not have to sell something to purchasers, renderings of some sort are likely, along with various diagrams to obtain Site Plan Approval, even if an MZO gets around Zoning issues. There's going to be enough public pressure here that an unknown quantity won't be snuck through: we'll see something. Here's hoping that—if this is Tricon, we still don't know that for sure—that they'll come with something of the quality of The Selby or better.edit: Also, since it proposed to be entirely rental, they may be able to get started without even proposing the architecture to a public forum. It’s possible we won’t know what it looks like until it’s done.
The WDL seems a prime candidate.
I'm wondering if it's not block 9:
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The only knock on that as a site is that it's still 700M from the proposed O/L station.