Monday 15 October 2012

Hullmark Centre - Video Construction Update (North York Centre)

Hullmark Corporate Centre North York.

Here is a quick video update on the Hullmark Corporate Centre Towers in North York Centre at the corner of Shepperd and Yonge. This tower will feature Residential, Commercial and Retail Functions. It promises to become the new epi-centre of the North York Node within the GTA. The taller tower will reach a height of almost 170 meters, making it the tallest building in the City of Toronto (not incl Mississauga) outside of the downtown core. It will be connected via underground passage to the Shepperd-Yonge Subway Station on the Yonge University Spadina Line and the Shepperd Line which goes into Willowdale. This development is being construction by Tridel and Hullmark Developments.

Toronto Condo Living has taken off over the last few years, and the redevelopment in North York Centre, Downtown Toronto, Mississauga and other areas has been nothing short of mind-blowing. Downtown Toronto and North York Centre might not be recognizable just due to the speed of the construction and development. Although there are some that are opposed to increased condo density, we can't discount the benefits many with regards to increased higher use of transit, walking biking and other alternate methods of  transport as opposed to using the car. Toronto just might be a leader, outside of Manhattan (New York City) in this respect. 


Secrets of Toronto's Development Success:

Toronto is a true international city, it has drawn hundreds of thousands of people from all over the world, seeking to make a better life. It's people are industrious and entrepreneurial, which along with some great geographic luck has made Toronto's economy one of the world's most dynamic finance, trading, exporting and manufacturing centers. Over the past 15 years there has been a dramatic shift in the population patterns of the Greater Toronto Area (GTA) as the population begins to concentrate into the downtown core, for reasons ranging from transport without a car, to low condo pricing, for young people. Over the last decade an average of 10,000 new condos per year have been sold in the core, in the past 5 to 7 years this average has been over 15,000 new condos. and in the past 3 years there have been over 20,000 new condo sales per year. There is a flare associated with downtown living in Toronto, that the suburbs can't match. It's attracting more people everyday, and so far, there seems nothing set to change it.  






No comments:

Post a Comment