Canada's 50 Tallest Proposals - Page 471

TorontoDrew · #**9401** Posted **Jun 14, 2018, 3:12 PM**

Quote:

Originally Posted by suburbanite

I can't speak to the decision, but I can say the lot is cleared and there are pile drivers on site.

Taken by me a few moments ago. The giant pit is for the LCBO Tower and the area to the left of it is the condo site.

I wonder how long the Weston's keep that Loblaws at that location. It's a huge property and must be worth a fortune now. They would need find space in a development near by or on site but I could easily see a proposal for that location in the not so distant future.

suburbanite · #**9402** Posted **Jun 14, 2018, 3:26 PM**

I'm sure Choice REIT has long-term plans for the site. I think they would be foolish to sell it outright. It could be one of their best performing locations once that stretch is filled out with behemoth condos.

Wouldn't be surprised to see them partner with a developer to basically sell the air rights above the store for a condo, or better yet, build their own purpose-built rental tower (likely won't happen).

TorontoDrew · #**9403** Posted **Jun 14, 2018, 4:00 PM**

Ya I was just thinking that.

travis3000 · #**9404** Posted **Jun 14, 2018, 5:12 PM**

Its funny back when Brookfield launched the KPMG Tower (Bay Adelaide West) everybody was shocked that Toronto could sustain a 218m tower, the tallest office tower to go up in 16 years at the time. I remember chatter on these forums that the market could only handle smaller less risky office towers in the 400-600ft range.

Here we are now with THREE office towers confirmed to go ahead, all of which are taller than Bay Adelaide West. (CIBC Square I at 238m, CIBC Square II at 243m, and now 160 Front at 240m). On the smaller scale (160m ish) we have The Well Office Tower approved and under construction, and 16 York. We also have THE HUB proposed at 281m, and Commerce Court 3 at 298m.

Exciting times for office tower construction in TO!

Innsertnamehere · #**9405** Posted **Jun 14, 2018, 5:36 PM**

Height isn't important, it's floor area. The general rule has been 800,000-1,000,000sf. The only one to stray from that so far is CIBC, and especially the Hub, which I think is around 1,800,000.

craner · #**9406** Posted **Jun 14, 2018, 6:53 PM**

Quote:

Originally Posted by TorontoDrew

Nice, and only slight alterations from what we last saw.

source: http://urbantoronto.ca/

Still all I see is Bender from Futurama (or is it that that metal eating robot from the 1960s Spiderman cartoon?) when I look at this tower.

Toronto continues to blossom.

craner · #**9407** Posted **Jun 14, 2018, 6:57 PM**

Quote:

Originally Posted by Innsertnamehere

Height isn't important, it's floor area. The general rule has been 800,000-1,000,000sf. The only one to stray from that so far is CIBC, and especially the Hub, which I think is around 1,800,000.

Blasphemy!

WhipperSnapper · #**9408** Posted **Jun 14, 2018, 7:13 PM**

Quote:

Originally Posted by travis3000

Its funny back when Brookfield launched the KPMG Tower (Bay Adelaide West) everybody was shocked that Toronto could sustain a 218m tower, the tallest office tower to go up in 16 years at the time. I remember chatter on these forums that the market could only handle smaller less risky office towers in the 400-600ft range.

Here we are now with THREE office towers confirmed to go ahead, all of which are taller than Bay Adelaide West. (CIBC Square I at 238m, CIBC Square II at 243m, and now 160 Front at 240m). On the smaller scale (160m ish) we have The Well Office Tower approved and under construction, and 16 York. We also have THE HUB proposed at 281m, and Commerce Court 3 at 298m.

Exciting times for office tower construction in TO!

My memory is different. I think you're mixing up 6 years of Bay Adelaide speculation before it broke ground. There was joy when it did break ground but, there wasn't shock. The market was booming. Experts did express concerns over the amount of office inventory being added but, that also included large towers like Telus and RBC.

TorontoDrew · #**9409** Posted **Jun 14, 2018, 7:20 PM**

Memories....
source: https://upload.wikimedia.org

travis3000 · #**9410** Posted **Jun 14, 2018, 9:04 PM**

Quote:

Originally Posted by Innsertnamehere

Height isn't important, it's floor area. The general rule has been 800,000-1,000,000sf. The only one to stray from that so far is CIBC, and especially the Hub, which I think is around 1,800,000.

160 Front is 1.2 million sq ft, a bit bigger then the usual 800k-1 million.

caltrane74 · #**9411** Posted **Jun 15, 2018, 12:08 AM**

Quote:

Originally Posted by WhipperSnapper

It can't be 11.

I thought we hit 11 at one time with Ritz, Shangrila, and Trump. (Aura, Four Seasons, 1BE, L Tower, BAC, )

ok I might be off.

WhipperSnapper · #**9412** Posted **Jun 15, 2018, 3:55 AM**

Sorry, I wasn't clear. I don't know.

Ramako · #**9413** Posted **Jun 15, 2018, 8:35 PM**

Quote:

Originally Posted by caltrane74

I think the record is 11 towers over 200 meters under construction one time in Toronto.

Right now we are at 10.

Still good.

Plus we have 3 super big boys getting closer to construction... every day.

It was 11 in Canada recently, not Toronto only.

koops65 · #**9414** Posted **Jun 15, 2018, 10:52 PM**

Quote:

Originally Posted by caltrane74

I think the record is 11 towers over 200 meters under construction one time in Toronto.

Right now we are at 10.

Still good.

Plus we have 3 super big boys getting closer to construction... every day.

Also Canada House 1 and 2 plus 160 Front...

caltrane74 · #**9415** Posted **Jun 16, 2018, 5:45 AM**

I think this time Toronto will clear 10 under construction over 200 meters.

This city is pure fire when it comes to Skyscraper construction. Yes New York builds much taller, but obviously Toronto has numbers.

Martin Mtl · #**9416** Posted **Jun 16, 2018, 12:45 PM**

Quote:

Originally Posted by caltrane74

I think this time Toronto will clear 10 under construction over 200 meters.

This city is pure fire when it comes to Skyscraper construction. Yes New York builds much taller, but obviously Toronto has numbers.

New York = 25 buildings UC of over 200 meters or more, 10 of which are 300 meters or more.

rbt · #**9417** Posted **Jun 16, 2018, 2:47 PM**

Quote:

Originally Posted by Martin Mtl

New York = 25 buildings UC of over 200 meters or more, 10 of which are 300 meters or more.

Definitely true.

Toronto has a pretty tight bell-curve for proposed project heights. 15 years ago nearly everything was in that 28 to 35 floor grouping, both downtown and in the suburbs. In fact, I recall discussions with Chicago forumers on the GTAs lack of 150m tall proposals despite having a large number between 100m and 150m under construction.

Anyway, today the same number of units are being constructed but in fewer buildings. The height has increased, downtown, to where 55 floors is more common.

It seems very likely that in 2035 Toronto will continue to need a largish number of units but will have even fewer plots of land to do it on resulting in a further average height increase. I expect we'll see 20 or so 200m buildings under construction at any given time with a half-dozen in the 300m+ group.

It's unlikely to outpace Manhattan in quantity but the project sizes (by height, not $) are likely to be similar.

IMO, this isn't a good thing. It's a side-effect of poorly thought out transportation infrastructure.

travis3000 · #**9418** Posted **Jun 16, 2018, 5:59 PM**

160 Front will be starting construction in January according to an interview the developer gave to a business publication.

suburbanite · #**9419** Posted **Jun 16, 2018, 6:42 PM**

You would think they'd have permits lined up ready to break ground as soon as they were ready. I wonder if they're seeing if they can get anymore traction on some prospective leases now that it's confirmed moving ahead.

caltrane74 · #**9420** Posted **Jun 16, 2018, 9:17 PM**

Quote:

Originally Posted by Martin Mtl

New York = 25 buildings UC of over 200 meters or more, 10 of which are 300 meters or more.

Isn't that what I said?