Quote:
Originally Posted by GeneralLea
I genuinely hope this doesn't see the light of day - I'd be surprised if it does happen in the next 5 years anyway. It's a ridiculous proposal that entirely desecrates a respectable modernist tower along University, all for another shehorned shoebox condo tower, not unlike 488 University (which reclad the existing building, and made it very sterile), or the project going up by Davpart next door.
This may just be a zoning exercise, but given the precedent nearby, this could also happen - but I don't see the point, given the cost to rehabilitate and conserve the existing tower.
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The timeline needed to build a project like this makes it such a hard sell, especially right now.
The United Building, which is next door to this proposal and actually the building rendered to the right in the last pic posted, is a useful comparison because it had a similar scope. It's also a 50+ storey mixed use residential tower that involved the complex deconstruction of a historic highrise while maintaining its facade intact.
Based on looking up old pages on Urban Toronto, The United Building was first proposed in 2013, sold 2/3 of all units by end of 2019 and broke ground in March 2020. Here we are 5.5 years later and they haven't even reached the main tower portion of the build.
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