Westgate Centre redevelopment [1309 Carling Ave] | 3x86m, 2x120m | 3x24f, 2x36f | U/C

[Kitchissippi]

I also wish they would keep the mall and just build around it. Add highrise rental apartments, seniors housing, a grocery store like Farm Boy, daycare, a medical building, a multi-use hall that could function as a church/event space, community centre, etc. Turn it into a self-contained, high density neighbourhood with an indoor main street. Add a footbridge or tunnelled link across the Queensway to Hampton Park and it could be a pretty nice place to live.

[Skynet]

Originally Posted by Marcus CLS

Monkey Joe's is demolished.

Never been but heard some nostalgic stories from there...

[AuxTown]

Update on the Westgate project. Things are progressing well with Phase 1 at the old Monkey Joe's site. Will be interesting to watch this one rise 24 storeys.



I was talking with one of the business owners in the food court the other day. It sounds like they have been told 5-8 years before that portion of the mall is demolished/redeveloped. The Monkey Joe's tower will go up first and, when complete, Shoppers will move into the new tower. Then the next tower (22 storeys) will be built on the South end of the mall where Shoppers is currently. Once that tower is complete, the rest of the mall will be demolished and the final 3 towers will be built (22, 38, 38). This is the plan as far as they knew but who knows if markets will be able to justify this much development in that relatively short timeline.

[yotajoe]

Crane just went up today.

[AuxTown]

Thought I was breaking the news but you beat me to it! Will be fun to watch this one rise. CBD in the distance.

Apparently the Shoppers will move to the base of this tower and it will be the first portion of the mall to be torn down to make way for the 22 storey tower in the plans above.

[RogueNacho]

Took them long enough eh? I thought this crane would be up much sooner.

[RogueNacho]

Haven't seen these images posted yet, but here are the latest renderings of the building. Overall, not too shabby, at least as far as RLA designs go. Though I do think the east side of the building looks a little goofy by having a monolithic dark brick side with only a thin central vertical strip of window glass. Should still be exciting to see this one go up.

[RideauRat]

I hope that's not the case.. I was digging the red accents.

[J.OT13]

Originally Posted by RideauRat

I hope that's not the case.. I was digging the red accents.

[saiyfus]

Going up!

[rocketphish]

Description: Phase 1 of the Westgate redevelopment
Application: Site Plan Control
Review Status: Application Approved
Status Date: September 24, 2020

[AuxTown]

Westgate.....

[rocketphish]

RioCan sells 50% stake in Westgate apartment development

By: OBJ staff
Published: Oct 29, 2020 5:07pm EDT



The owner of the Westgate Shopping Centre is selling a 50 per cent stake in a residential apartment development at the mall to a Toronto-based real estate investment firm for $5.4 million.

RioCan REIT said this week the deal ​– which equates to $51 per square foot of buildable gross floor area ​– is one of a number of transactions that will see it divest a portion of its interest in Ontario real estate projects to Woodbourne Capital Management.

Woodbourne already partners with RioCan on several projects and said it’s making the buy on behalf of itself and one of its institutional pension fund clients.

“Such transactions not only allow us to realize inherent value and drive net asset value growth but also reduce the amount of capital required to build out our urban mixed-use development pipeline, enhance our balance sheet and liquidity position, and generate additional fee income,” RioCan chief executive Edward Sonshine said in a statement.

The Westgate apartment project, dubbed Rhythm, is part of RioCan’s plan to reinvigorate faltering mid-tier shopping centres that have been hit hard by the growing trend toward online shopping and changing consumer buying habits.

Already under construction, the 24-storey, 213-unit rental highrise will feature 20,000 square feet of retail space and is expected to be completed by 2023.

Under the agreement, RioCan will manage the construction of the project and oversee the commercial component of the property. The transaction is expected to close in February.

RioCan says it ultimately plans to redevelop the entire nine-acre Westgate site in a multi-phased project that calls for almost 730,000 square feet of residential property with nearly 1,200 units as well as about 88,000 square feet of retail space.

The Westgate overhaul is part of a series of redevelopments across RioCan's Canadian portfolio that also includes plans for mixed-use projects at Elmvale Acres, Gloucester Centre and Lincoln Fields Shopping Centre.

https://www.obj.ca/article/real-esta...nt-development

[Harley613]

[RideauRat]

this one is at ground level should start seeing this one rise in a couple weeks

[RogueNacho]

Here is a full size render of the building, taken from RioCan's website. A little boring but totally inoffensive. What I really hope they do is keep the cylindrical towers shown on Phase 3 of the site plan (Post #74).

[J.OT13]

This is fine. I'd take this over CP I-IV or the nearly completed tower on Scott.

[AuxTown]

Originally Posted by J.OT13

This is fine. I'd take this over CP I-IV or the nearly completed tower on Scott.

Agreed. It looks like something built in the new millennium.

[Marshsparrow]

Originally Posted by J.OT13

This is fine. I'd take this over CP I-IV or the nearly completed tower on Scott.

Yes we can have a replica of the towers close to Blair - this city is so original

[Har13]

Serco just posted on there social media that there gonna work on the walls when the building is up I’m guessing two months