Posted Apr 10, 2017, 2:59 PM
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BANNED
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Join Date: Oct 2015
Posts: 4,797
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Article in today's FP about the project.
Quote:
An anchor tenant has been found for the office atrium portion of the $20-million James Avenue Pumping Station redevelopment on Waterfront Drive.
Think Shift, a local advertising agency, has signed a tentative agreement to lease most of the roughly 12,000-square-foot atrium, which will sit on steel girders suspended three metres above ground level inside the original building. The firm is waiting for the final leasing documents to be signed.
Work on the one-storey atrium is well underway, and co-developer Bryce Alston said it should be completed in November.
“It’s actually been going quite well. We’re on schedule... so that’s good,” he said.
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Quote:
The second phase involves the construction of a narrow, six-storey building on the east side of the original structure, and the third phase will see the construction another six-storey building on the west side of it.
The east-side building will have about 1,500 sq. ft. of commercial space on the ground floor, another 3,000 sq. ft. of office or retail space in the front portion of the basement and five floors of rental apartments.
The west-side building will have an underground parkade, about 3,000 sq. ft. of main-floor office or retail space and five floors of rental apartments.
Alston said work on the east-side building is scheduled to get underway in July, and will take about 14 months to complete. Work on the west-side building won’t begin until next March and will take about 16 months to finish.
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