Canada's 50 Tallest Proposals - Page 222

isaidso · #**4421** Posted **Apr 6, 2012, 10:09 PM**

Does this mean that the granite sidewalk is going to get ruined in this spot and require a re-do once construction finishes? I suppose they could remove all the slabs in front of this and put it back together again after.

caltrane74 · #**4422** Posted **Apr 7, 2012, 12:33 AM**

Predictions for order of start for some towers in the top 25

1. Bay Adelaide - 196 meters (Summer - Fall 2012)
2. Herald Square - ??? 220??? Meters
3. 88 Scott - 204 meters ( Spring Summer 2013)
4. 10 York - 253 meters (Spring - Summer 2013)

caltrane74 · #**4423** Posted **Apr 9, 2012, 12:29 AM**

E Condos launched its website

http://econdos.ca

Ramako · #**4424** Posted **Apr 10, 2012, 3:45 PM**

Word at UT is that Marsh + McLennan will be moving into the office tower at 16 York (part of the Ice site) and will likely be lead tenant.

Along with Telus, PwC, Kinross Gold, CI Financial, RBC Canadian banking and Aon (rumoured for Bremner Tower), Southcore is shaping up to be quite the little business hub. The real sign of prestige will be if the area steals a couple of the big law firms away from Bay Street.

WhipperSnapper · #**4425** Posted **Apr 10, 2012, 10:47 PM**

Lots of activity among the law firms in the past few years and should continue for a few more however, I do not see them leaving Bay Street for Southcore and beyond. I imagine they will continue to take advantage of the space being freed up on Bay Street. Mergers and acquisitions will of a huge impact on any decision as well.

caltrane74 · #**4426** Posted **Apr 11, 2012, 4:19 AM**

Good news on the office tower front. Could have 3 and potentially 4 office towers under construction at the same time.

LeftCoaster · #**4427** Posted **Apr 11, 2012, 1:18 PM**

Quote:

Originally Posted by WhipperSnapper

Lots of activity among the law firms in the past few years and should continue for a few more however, I do not see them leaving Bay Street for Southcore and beyond. I imagine they will continue to take advantage of the space being freed up on Bay Street. Mergers and acquisitions will of a huge impact on any decision as well.

Well Davies is moving to RBC Centre, that is somewhat off Bay St.

There is talk of one of the big guys (not a seven sisters though) moving south core. It's all confidential at this point, but it is on the radar.

Ramako · #**4428** Posted **Apr 11, 2012, 1:30 PM**

That's great news. I love that we have a very compact and dense business core, but at the same time I'd like there to be a corporate/office presence spread all around downtown Toronto.

Ramako · #**4429** Posted **Apr 11, 2012, 2:04 PM**

Quote:

Originally Posted by LeftCoaster

I can confirm that this is not true at this point.

MMC will be moving though, and most likely south core...

Yup, a poster at UT just said the exact same thing. The implication being that they'll be the ones moving into Bremner Tower, as opposed to Aon as previously speculated.

LeftCoaster · #**4430** Posted **Apr 11, 2012, 2:38 PM**

caltrane74 · #**4431** Posted **Apr 12, 2012, 3:39 AM**

The Toronto Diagram is now spilling 200 meter towers into the top four positions of the second page.

That puts us at 29 towers officially.

Gresto · #**4432** Posted **Apr 12, 2012, 3:55 AM**

Still a long way to go to meet your 40 prediction.

caltrane74 · #**4433** Posted **Apr 12, 2012, 9:25 AM**

Rumoured Developments

1. Cumberland Terrace ( redevelopment proposal - Supertall development )
2. 1 Yonge (Toronto Star Building- Severance - Supertall Development)
3. 60 Harbour / 30 Bay (Oxford Supertall development)
4. Yorkville Parking Deck ( Minto 55 Floors - 200 meter plus)
5. One Bloor West???? SUPERTALL

Despite all the doom and gloom surrounding the Toronto condo and real estate market, it appears Toronto is on pace to break last years ground breaking 28,000 condo units sold. The March sales numbers have pushed us ahead of last years pace.

taal · #**4434** Posted **Apr 12, 2012, 12:22 PM**

Quote:

Originally Posted by LeftCoaster

I can confirm that this is not true at this point.

MMC will be moving though, and most likely south core...

I asked on UT but you may know better:

Any idea if this is a relocation / expansion / downsizing ?

A lot of times when firms move they take less space but at the same time employee just as many people. So in my books I consider this a relocation though in the long run this would imply one would expect to see less construction activity. It would be nice to see some of these are legitimate expansions (with some consolidation thrown in).

LeftCoaster · #**4435** Posted **Apr 12, 2012, 1:20 PM**

It's a relocation. In terms of exact size im not sure but it isnt a major expansion or reduction in size so I'm sure its very close to their existing space.

taal · #**4436** Posted **Apr 12, 2012, 4:18 PM**

Quote:

Originally Posted by LeftCoaster

It's a relocation. In terms of exact size im not sure but it isnt a major expansion or reduction in size so I'm sure its very close to their existing space.

Thanks !

A couple more questions along the same lines:

Any idea what drives these revocations, I'm sure their current lease is probably expiring soon but why relocate verse stay put which is clearly a cheaper alternative. Are costs significantly lower in the newer buildings ? From what I've seen the operating costs are indeed less, but not by a huge amount, also sometimes the net rental rates are more in the newer buildings so that would cancel out any of the other savings ?

Also in general, not this company, is there a lot of expansion going on overall, 2 years ago the answer was a clear YES. Because while we had a lot of space delivered the older office buildings managed to fill up their inventory (to a certain degree) more than was expected (the one notable exception is Commerce court, which is 40% vacant and has been so for at least a year). But TD / RBC (other smaller buildings) have leased a lot of the space back.

steveve · #**4437** Posted **Apr 12, 2012, 5:46 PM**

Quote:

Originally Posted by caltrane74

Rumoured Developments

5. One Bloor West???? SUPERTALL

... didn't apple purchase that store on the corner for a new flagship location? (according to Urban Toronto)

The_Architect · #**4438** Posted **Apr 12, 2012, 6:12 PM**

Lol One Bloor West is not going to be a supertall.. If they try it, it will just end up looking like a needle. It's a very small site.

rbt · #**4439** Posted **Apr 12, 2012, 7:03 PM**

Quote:

Originally Posted by taal

Any idea what drives these revocations, I'm sure their current lease is probably expiring soon but why relocate verse stay put which is clearly a cheaper alternative. Are costs significantly lower in the newer buildings ? From what I've seen the operating costs are indeed less, but not by a huge amount, also sometimes the net rental rates are more in the newer buildings so that would cancel out any of the other savings ?

I've seen a few companies move to redecorate and upgrade services (electrical, airflow, lighting, network/phone system, etc.). If they've been in the same location for 20 years (standard lease timeframe) then it may be time to upgrade the basics.

It can be easier to build a new location and move into it than try to perform several month long renovation in a working office shutting down rooms or sections one at a time.

Small companies can change spaces for nearly any personal reason like improving the view from the owners desk.

caltrane74 · #**4440** Posted **Apr 13, 2012, 1:44 AM**

The first element is creating an 8 storey commercial podium beginning at Mayfair Mews that extends along Bloor Street West

Renfrew store but adds four more storeys plus a rooftop garden on top of the flagship luxury department store. The 8 storey podium will be made up of retail space and offices.

The second element is building a 72 storey residential condominium tower plus 3 building service levels that sits on top of the 8 retail podium but does not extend over Holt Renfrew becomes part of the amenities for the condominium building. The condominium tower will be made up of approximately 600

Levels 11-38 will be the Garden Terrace Suites, followed by the City View Suites on floors 41-65 and topped off with the Sky-garden Penthouses on floors 68-80.

new address for the condominium building will be 30 Bloor Street West.

There are also plans for 6 level underground parking garage under the condominium tower at 30 Bloor Street West consisting of approximately 620 parking spaces for the condominium residents and commercial tenants.

30 Bloor Street West Amenities

Twenty four hour concierge Valet parking

Garden Terrace Levels 9 & 10 features:

Indoor lap pool and lounge Wellness spa Fitness centre with double height climbing wall Children's playroom Dining room with catering kitchen Party room Games room

Outdoor Rooftop Terrace features

Outdoor pool & sundeck Outdoor lounge with fireplace Outdoor dining area with barbeque Outdoor running track Roller blade oval Ice-skating rink Tennis court Outdoor children's and games area

City View Levels 39-40 features:

Landscaped terrace at level 39 Social rooms for condo residents Library Media lounge with music studio

Skygarden Levels 66 & 67 features

Landscaped terrace Sky lounge