267 York Street - 45s and 40s (Proposed)

[jammer139]

HIA report link - https://london.ca/sites/default/file...Assessment.pdf

[MolsonExport]

It is raining tall building proposals in London. Hope this one comes to fruition.

[ssiguy]

Originally Posted by GreatTallNorth2

Some further imput on this project. Remember that this same company (that is proposing this) also owns CitiPlaza. It is in their own best interest to have a lot more residents close to CitiPlaza. I am sure the space in CitiPlaza is relatively cheap to rent. It was built as a high end shopping mall not cheap office space. If they got the critical mass of people downtown, they could attract better tenants and possibly that grocery store that was drawn up to go in the mall.

That's a very good point.

The bulk of these units are either 1 bed & den or 2 bedrooms which means each unit will have significantly more residents than predominately standard one bedroom buildings so 1,000 units would probably equate to about 1800 tenants. That's the population of a small town.

CitiPlaza owning the land means that they have vested interest in building as it creates more foot traffic and hence consumers for the mall itself. This would also create the impetus to CitiPlaza to put in a grocery stores where there is already a demand in the Core. This would result in Citiplaza having the draw of 3 main anchors which is highly unusual for downtown malls...........a grocery store, theatres, and the Public Library.

[Djeffery]

I wonder what the lifespan is of that parking garage on York connected to Citiplaza? Maybe they can redevelop that with a main floor grocery store, a few floors of parking above that and pick a useful number of floors of residential above that.

[Cantilever]

Originally Posted by Djeffery

I wonder what the lifespan is of that parking garage on York connected to Citiplaza? Maybe they can redevelop that with a main floor grocery store, a few floors of parking above that and pick a useful number of floors of residential above that.

Looking at the renders it appears the old existing garage is where they show an additional pair of towers in the 35 - 39 floor range. I'm guessing they might tear down the garage and put those there if the first builds are successful and they see an opportunity to move ahead with more. That indeed could have a grocery store with some parking below that. They could go higher there too (50?) if they thought it made sense.

Isn't an issue with a downtown grocery store handling large deliveries. This could work if they had the receiving where the Clarence St garage entrance is.