Quote:
Originally Posted by jammer139
With this major milestone for Medallion they are probably 6 months away from seeing the first tenants in this SOHO area development. The next question is what will happen to the block immediately west of Medallions towers? Does the city still own that land or have they sold it off and if so to whom? Would love to see more high rise towers west along South Street towards Wellington Rd.
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It was supposed to be a now-completed $200-million 2 towers approx 25 stories each tall of a residential/"medical" complex featuring specialists in naturopathy, genetic, nutrition and plastic surgery.
Remember Fincore? The financial planning and investment house headed by a Romanian with a doctorate in French literature was going to be the developer, whose financial planners "apply energy, purpose and intent to help bring your big thoughts into reality" (whatever that means), and prominently quoted Deepak Chopra on their business website.
The mayor of the time Joe Fontana boasted it an example of big developments his leadership was attracting. We all know how well Fontana's mayorship ended, and with this land parcel remaining empty other than some homeless people near the river 10 years later, both are a reflection of some dark times. The incompetent and corrupt mayor and a version of the monorail salesperson coming to town to sell an amazing project.