Quote:
Originally Posted by vegeta_skyline
So much for the owner claiming he had no interest in selling. But I don't blame him for playing that up, as it probably resulted in a more lucrative offer.
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Anyone will sell if the offer if right, especially considering how hot the real estate market is right now and the unreal level of high money transactions in the past couple years. Hopefully, the buyer also purchases the cookie-cutter H&M building, and awful Scotia Bank that make up that block.
I could see a slightly taller 2-tower project like the 56 and 46 storeys proposal for the Cumberland parking garage. If it's one tower for the combined floorplates then probably possible for a 800-1000 footer. Yonge/Bloor is one of the city's most significant intersections so hopefully this will provide an impressive touch to this currently lacking corner. A design that compliments One Bloor across the street that would create a gateway effect on Yonge, would be nice.