501 Yonge Gets redesign, and is on the back burner now that
Lanterra has moved forward with putting Wellesley on the Park into sales. The
sales presentation centre is currently under construction for that project.
Lanterra also has a project planned in Toronto including the St. Jamestown
project with multiple towers planned included 601 Sherbourne.
Currently the 501 Property contains a lowrise commercial
building about 1 storey with multiple shops and restaurants selling various
items. The 501 Yonge project is not as tall as it was originally proposed when
it was going to be two towers both over 190 meters. It has been downsized to
about 170 meters and is only one tall tower now with a second tower which is
much shorter.
After sales have gone through
for Wellesley on the Park, and construction begins on the condo tower, it is
likely that prep work will begin either here at 501 Yonge or the St. Jamestown
Project at 601 Sherbourne.
Click on Image to Englarge
No comments:
Post a Comment