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Originally Posted by Multi-modal
Some other interesting notes: - The design of the urban plaza on the northeast corner looks really cool... and a great place for skateboarding if they don't employ anti-skateboarding measures. It is also proposed to be transferred to the City... I think previously it was going to be a Privately Owned Public Space (POPS).
- They substantially reduced the commercial-retail space (5,442 m2 to 2,884 m2), mostly be removing the majority of the retail from the 2nd floor. Probably a good move in light of COVID. The transportation impact assessment still assumes a grocery store for the larger retail space in the podium of the two northeastern towers.
- The number of units have actually increased from 898 to 930.
- Looking at the floor plans, there are an exciting number of 2B and 3B units.
Overall, I'm still really into it (maybe even more-so now). It was pretty much assumed there would be some sort of elevation loss as it moved through the application process.
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Urban park is spectacular!! We are sorely lacking this type of space in the downtown (or anywhere really). So they plan on building the park and transferring it to the City? Good deal.
I thought the City already owned that corner. It was supposed to be expropriated for the Confederation Line for an entrance a little further out. They ended up not building it, but I wasn't sure if the City had gone through the purchase or not. In any case, it's too bad it won't have a subway entrance.
I agree, removing retail was a good move for many reasons. More residential is always a plus. Considering Moon will have a grocery store across the street though, I'm surprised M&M is still looking into a grocery store for this development. A hardware store (Canadian Tire, second location for Preston Hardware) would better meet the needs of the community. Too bad there is just one good restaurant opportunity.
This could be the most transformational real-estate project for downtown in decades, but we should probably go in with a healthy dose of skepticism. This seems to good to be true.