Thursday 20 June 2013

Latest Rendering of 11 Wellesley West

Location: 11 Wellesley West
Development Cost: (Land Purchase Price $65 million)
Development Type : Residential - Commercial/Retail Base
Condo Purchase Price and Range: Unknown
Floors: 54/45
Developer: Lanterra

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Project Background: Empty lot owned by province sold to Lanterra through open free market bid process open to all applicants. Area Residents had long dreamed of a park on the site, and hoped that no towers would be built here.

The latest development from Toronto which is a city on the verge of bursting as the following list of projects can attest. There are some 150 buildings in Toronto Currently Under-Construction. Then there are also Hundreds of new project proposals in the works. This project is the latest and just one of many on the go. There has been talk in some quarters of a condo bubble that may be bursting, however, those fears however well founded have proved not to be true.

Listing of the latest of the Toronto Projects and News

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