Inside the GTA - January 18, 2020

By Susan Legge
January 16, 2020

Winter stations will open on family day

Looking beyond the five senses to bring art to The Beach neighbourhood this winter, the three winning teams and one Canadian design school are set to transform four lifeguard stations in the east beaches of Toronto into thought-provoking pieces of pop-up art. Artists, architects and designers will create bold designs at the site of the lifeguard stations that are dotted along the beachfront. The theme for Winter Stations’ sixth anniversary is Beyond the Five Senses. More to come next issue...

Final phase of Liberty Village is coming soon

Urban developer and industry leader, Lifetime Developments, is kicking off 2020 with the third and final phase of a 16-year redevelopment project in Toronto’s Liberty Village neighbourhood.

Liberty Market Tower follows the success of the first two phases of the Liberty Market Complex project — Liberty Market Building and Liberty Market Lofts.

“From the outset, our work in Liberty Village has always been about creating a community,” says Brian Brown, Principal of Lifetime Developments. “As pioneer builders of the neighbourhood, we’re proud to bring this project to life through a one-of-a-kind building situated where art meets business and industrial heritage meets modern design.”

The development will boast a distinctive 28-storey tower featuring 281 luxury residential suites and seven floors of commercial space – all with connectivity to the existing Liberty Market Building. Register at LibertyMarketTower.com.

 

Freed and Fengate acquire site at DVP and Eglinton

Freed Developments Ltd. and Fengate Asset Management announced the joint acquisition of a 5.4-acre, transit-oriented and mixed-use site near the intersection of the Don Valley Parkway and Eglinton Ave. in Toronto.

The site currently houses a six-storey hotel and will have direct pedestrian access to the Eglinton Crosstown LRT, which is scheduled for completion in 2021. Freed’s portfolio includes luxurious modern condominium towers, hospitality ventures, resort communities and commercial spaces.

A driving force behind the remarkable transformation of King Street West, and Yonge & Eglinton, Freed is currently focusing on revitalizing the Dupont strip. Visit FreedDevelopments.com

Great Gulf sells Palm Beach penthouse for $8.85M

Award-winning GTA-based real estate developer Great Gulf recently announced the sale of one of its La Clara Palm Beach penthouses, priced at $8.85 million. One of only five exclusive penthouses, the residence features 4,680 square feet of interior sublime luxury. Since its groundbreaking in the spring of last year, over 50 per cent of La Clara’s released units have been sold.

If you’re thinking of purchasing a winter escape in Florida, you can visit www.laclarapalmbeach.com or greatgulf.com to get more information.

 

 

 

 

 

 

 

 

 

Major transformation underway along St. Clair West

Members of the executive teams at Graywood Developments and MarketVision pictured onsite as construction begins at SCOUT Condos.

Graywood Developments is commemorating their fourth ground-breaking of the year with the start of construction at SCOUT Condos. Together with Graywood’s neighbouring SCOOP Condos, SCOUT helped spark the ongoing revitalization seen along St. Clair West – a diverse and ever-changing hub in northwest Toronto.

“Cities like Toronto develop in pockets, and this stretch of St. Clair from Old Weston Rd. to Caledonia was primed for smart, community-oriented developments,” says Stephen Price, President and CEO, Graywood Developments. “With SCOOP — and now SCOUT — we introduced a new form to the area, inviting purchasers to come see the changes taking place. We were thrilled with the reception.”

SCOUT’s architecture diverges from glass and focuses instead on masonry and a warehouse aesthetic, in tune with the existing streetscape and ambiance of the neighbourhood. Both projects will incorporate retail offerings along the ground level, creating a mixed-use experience where residents can access features that go beyond building amenities.

Several transformations are underway along West St. Clair West, from the upcoming SmartTrack GO Station to the newly re-opened St. Clair/Silverthorn Toronto Public Library Branch that underwent a full-scale renovation. As construction begins at SCOUT, its presentation centre will temporarily close. A new sales centre will occupy the ground-level retail space of SCOOP, set to open in spring 2020. To learn more, visit ScoutCondos.com.

 

Did you know?

According to a City of Toronto employment survey, Toronto’s downtown core and four urban centres (Yonge-Eglinton, Scarborough Centre, Etobicoke Centre and North York Centre) contained 646,790 jobs in 2018, or 42.5 per cent of all employment in the Toronto area.

 

About Susan Legge

During her journeys around world of real estate, Susan has seen the good, the bad and the unbelievable as an investor, renovator and homeowner.

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