Markham World on Yonge | ?m | 31s | Liberty Development | Kirkor Architects

Big Hole, 2 cranes up and lots of equipment on soggy day.
No workers to be seen today.
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It will be interesting to see if this excavation is to be as deep as the Hullmark Centre.

The area of the site is about the same.
 
I am in love with this. That entire area needs a complete revamp. There is another site east of Yonge north of Finch in the form of a strip plaza anchored by a Food Basics that is just screaming to be "densified" into a condo. I hope that happens soon.
 
UD2 said:
I am in love with this. That entire area needs a complete revamp. There is another site east of Yonge north of Finch in the form of a strip plaza anchored by a Food Basics that is just screaming to be "densified" into a condo. I hope that happens soon.
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That site is NewtonBrook Plaza--they have received over a dozen offers/LOI's in the last 3 years that I know of. Two came from me. They not looking to sell now. At one time they stated they would like to get the approvals themself and become a silent partner when they sell...but not for a long time.
 
Investican:

There was a plan for the plaza that was posted on the City of Toronto website a year or so ago--perhaps that was one of yours.

It might have been discussed here, I am a little fuzzy on it now. It showed several towers and retail. But about a year later the Food Basics did a major revamp of the exterior; it was obvious no new development was taking place soon.

Interesting observations investican, you are obviously an insider to this one.
 
I was informed that Food Basics extended their lease for 5 years + an option for 5 more.

With the area developing at an impressive rate (Condos along Yonge/Transportation/dozens of infill projects in the imediate vicinity etc.) --I don't see them selling anytime soon for it has very impressive revenue and they have no debt on the property. I could see them waiting atleast 4-5 years but I'm simply speculating.

FTR, I was Brokering the deal for two partners on this property. Not purchasing it myself.
 
investican said:
I was informed that Food Basics extended their lease for 5 years + an option for 5 more.

With the area developing at an impressive rate (Condos along Yonge/Transportation/dozens of infill projects in the imediate vicinity etc.) --I don't see them selling anytime soon for it has very impressive revenue and they have no debt on the property. I could see them waiting atleast 4-5 years but I'm simply speculating.

FTR, I was Brokering the deal for two partners on this property. Not purchasing it myself.
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Do you know of any other sites that wants to sell but are searching for investors?
 
UD - Check PM
 
This construction site is HUGE! It's full of people and machines, and frequent dump trucks leaving! A construction worker there said it's the largest project ever in York Region, and it sure shows.

This building's going to have a huge impact on the Thornhill skyline and will be visible from an enormous distance, because it's on the top of a hill.

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There is now. Actually from a far this will look to be part of the NYCC skyline. Though it'll look much larger then anything else.


How big is the mall being build here ? Pretty big it seems
 
mckarisma said:
^Theres a Thornhill skyline??
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Well, not so much one skyline as a couple clusters. I was thinking of the view looking south from Richmond Hill Centre: a cluster of towers around the Bathurst and Centre (15 towers) and a line along Yonge (including 10 towers in Thornhill). World on Yonge would join the latter, but stand out a lot.
 
Final Phase: Parkside Towers @ World on Yonge - 2 towers @ 27 and 18 storeys
WOY_parkside_render.jpg


3rd Floor Amenities + Roof Terrace
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The Site Plan
WOY_parkside_siteplan.jpg


In summary:
  • Bldg A1: World on Yonge (north), residential + L1/L2 retail, 31s
  • Bldg A2: World on Yonge (south), residential + L1/L2 retail, 31s
  • Bldg B1: Parkside Towers (west), residential + L1 retail, 27s
  • Bldg B2: Parkside Towers (east), residential + L1 retail, 18s
  • Bldg C: Hotel & Office, 20s

MODs ... a thought :):
World on Yonge (Yonge & Meadowview, Liberty Dev Co, 2x 31 + 27 + 20 + 18s, Kirkor)​
 
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