New Rendering For : 11 Wellesley East by Lanterra 54 Floors and 45 Floors
New Rendering For : 11 Wellesley East by Lanterra 54 Floors and 45 Floors Location: 11 Wellesley East
Development Cost: (Land Purchase Price $65 million)
Development Type : Residential - Commercial/Retail Base
Condo Purchase Price and Range: Unknown
Floors: 54/45
Developer: Lanterra
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.
No comments:
Post a Comment