Regency on Main | ?m | 26 & 12 fl | Completed 2017

[lucasmascotto]

[Davis137]

I'm also anxious to see the tower rise...it will add some density and height to the immediate skyline there.

[davidcappi]

I walked along George Street today, and workers seem to be hard at work finishing the parking garage section. I expect we'll start to see work on the upper portion of the federal building soon enough.

George Street feels really different now, and it's kind of wonderful. Can't wait to see if more of those lots start to fill up over the next few years.

[davidcappi]

Looks like work has begun on framing out the units in the old federal building. I was going to snap a pic, but this rain is just too damn nuts.

[Dr Awesomesauce]

Thanks for 4-1-1, yo.

Anything happening across the street?

[davidcappi]

McMaster's building seems to be moving along the quickest. They have a massive crew working in there daily. A lot of glass is going up, and I'd assume the exterior should be complete within a month or two. Across from here, the midrise rentals are still in the foundation stages.

I really hope that corner lot at Main and Bay beside the Homewood gets developed soon. Right now the hotel kind of sticks out like a sore thumb and needs something to help it sink into the streetwall a little.

[ScreamingViking]

Originally Posted by davidcappi

Right now the hotel kind of sticks out like a sore thumb and needs something to help it sink into the streetwall a little.

Been a while since that term could be associated with this block.

I've driven by 150 Main W. and it looked like they'd put up temporary railings on the unfinished floors, but it was night so I wasn't sure.

[davidcappi]

If you look up into the additional floors on top, you'll see walls framed out. They do have the railings up along the roof though.

One thing I really have to give McMaster props for is leaving a good number of trees on the property. It'll make a big difference come summer.

[SteelTown]

http://www.150mainwest.com/

Tons of rendering posted.

[thmx]

That site was a bit slow and didn't work on one of my computers. For anyone else that might have the same problem, here are all the renderings...


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Interior Renderings:

Main Entrance:

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Lobby Lounge:

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Patio Area:

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Main Party Room:

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Main Fitness:

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The Pool:

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[Innsertnamehere]

are they launching both towers? or just the shorter one?

[thmx]

Originally Posted by Innsertnamehere

are they launching both towers? or just the shorter one?

Just the shorter one.

[ScreamingViking]

Those new interior renders are nice. This development continues to impress.

[Dr Awesomesauce]

I'd love to know what the plan is for the ground floor. I'm going to assume that haven't sorted that yet.

[thmx]

Originally Posted by Dr Awesomesauce

I'd love to know what the plan is for the ground floor. I'm going to assume that haven't sorted that yet.

I remember reading somewhere that most of the ground floor would be filled with restaurants, and the renderings show restaurant patios along both George and Caroline, so that's my guess.

[Jon Dalton]

Just noticed the second tower seems to echo the original Federal building with brick on the first few floors. It's a nice touch, but it makes me wonder why they didn't keep more of the building and build two towers on top of it. I guess the second is taller and requires a stronger foundation.

[CaptainKirk]

Pent-up demand fires up Main Street condo sales


By Meredith MacLeod

About one-quarter of the condo units rising out of the former federal building at Main and Caroline streets are already sold.

And that's after a single VIP event this week. About 1,500 people have registered for pre-sales, which open Saturday. General sales open May 10.

Dubbed 150 Main West, prices range from about $250,000 to $400,000. The smallest units are one-bedrooms of 577 square feet and the largest are two bedrooms plus den at 1,734 square feet.

There are 150 units in the first phase of construction.

The $50-million project is part of a $200-million investment in the area bounded by Bay and Hess and King and Main by developer Darko Vranich's Vrancor Group. The company has recently finished two hotels in the district — Staybridges Suite and a Hilton Homewood Suites.

The sales centre is not in the development itself but in the nearby Staybridges Suites at 20 Caroline South. The centre features "vignettes" that depict the optional finishes.

"I was really impressed by the sales centre. It was exceptional," said Glen Norton, the city's manager of urban renewal. "I think it's a good indicator of what the units will be like."

He said he stayed at the VIP event for about an hour and a half and witnessed about 10 final and conditional sales, including a couple of penthouse units.

"I think it's clear there is a lot of pent-up demand for this kind of development. It comes from people moving from Toronto but it's also residents of the city who really want to live downtown."

Amenities include private rooftop terraces, an outdoor courtyard, a pool, fitness centre and party room.

Vrancor is targeting early spring 2015 for occupancy, said Olga Katsaros, executive assistant to Darko Vranich and the lead of the project's sales team.

It's expected once occupancy begins in the first phase, the next phase of the project will begin, which is an additional 200-plus units in an adjacent $70-million tower.

Katsaros said the level of early sales has exceeded expectations and the company expects to sell out quickly.

The project had been mired in controversy when plans to demolish the 60-year-old seven-storey brick and stone building that features eight stone friezes by renowned Hamilton sculptor Elizabeth Holbrook raised a firestorm of opposition.

But Vranich ultimately decided to retain the western part of the building and build five storeys of glass-wrapped condos on top.

Vranich bought the building in 2004. Vrancor, based in Hamilton, employs 845 people and operates 13 hotels, along with a property development division.


[email protected]

905-526-3408 | @meredithmacleod

http://www.thespec.com/news-story/44...t-condo-sales/

[davidcappi]

Well that's exciting.

[Dr Awesomesauce]

Great news.

Re the ground floor.

It's a big open space. I wonder if they're going to chop it up or if it will be more of a marketplace style arrangement.

[thmx]

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