raadthedeveloper
New Member
Anything new on this? Once metrolinx puts the drill in the ground im guessing this project will accelerate?
11 years ago there was no AIC proposal, sounds like they shafted your business, sorry about that. Most businesses are dead in Centrepoint mall; Hudson’s Bay, Canada Computers, etc. Should be an easy shovel to get into the ground. Although i’m curious to know if any businesses had a demolition clause apart of their lease agreement…As is the case with all of the Yonge and Steeles developments, they are waiting on the North York Secondary plan to be approved. My business was evicted 11 years ago, because construction was going to start soon..... so far.. nothing..
Numerous redevelopment proposals are open all over the area, but they are very very slow to approve. My assumption now is they will wait for the subway to be completed 2031-2032 before revisiting these proposals. I also would assume from being in the area 30 years. that the north of Steeles (Vaughn) and south of Steeles (Toronto) dont have plans that totally align. Canadian Tire and No Frills would need to be found new homes, but otherwise Centrepoint is just squatting on land that should be used for housing. My business was part of the 6160 Yonge redevelopment, we were located at 6174 Yonge, and it was advised to us that our lease would not be going forward due to impending demolition and redevelopment... clearly that was a lie.11 years ago there was no AIC proposal, sounds like they shafted your business, sorry about that. Most businesses are dead in Centrepoint mall; Hudson’s Bay, Canada Computers, etc. Should be an easy shovel to get into the ground. Although i’m curious to know if any businesses had a demolition clause apart of their lease agreement…
I just find it difficult to believe that the development of yonge and steeles would happen after the subway completion…Numerous redevelopment proposals are open all over the area, but they are very very slow to approve. My assumption now is they will wait for the subway to be completed 2031-2032 before revisiting these proposals. I also would assume from being in the area 30 years. that the north of Steeles (Vaughn) and south of Steeles (Toronto) dont have plans that totally align. Canadian Tire and No Frills would need to be found new homes, but otherwise Centrepoint is just squatting on land that should be used for housing. My business was part of the 6160 Yonge redevelopment, we were located at 6174 Yonge, and it was advised to us that our lease would not be going forward due to impending demolition and redevelopment... clearly that was a lie.
Anything new on this? Once metrolinx puts the drill in the ground im guessing this project will accelerate?
Numerous redevelopment proposals are open all over the area, but they are very very slow to approve. My assumption now is they will wait for the subway to be completed 2031-2032 before revisiting these proposals. I also would assume from being in the area 30 years. that the north of Steeles (Vaughn) and south of Steeles (Toronto) dont have plans that totally align. Canadian Tire and No Frills would need to be found new homes, but otherwise Centrepoint is just squatting on land that should be used for housing. My business was part of the 6160 Yonge redevelopment, we were located at 6174 Yonge, and it was advised to us that our lease would not be going forward due to impending demolition and redevelopment... clearly that was a lie.
I'm not sure why I can't easily find it online but I'm pretty sure the North Yonge Secconday Plan was approved by the OLT., maybe late last year?As is the case with all of the Yonge and Steeles developments, they are waiting on the North York Secondary plan to be approved. My business was evicted 11 years ago, because construction was going to start soon..... so far.. nothing..
The subway won't be open in 2031.I'm not saying the subway won't be open in 2031 but I am saying it's just about April 2025 and ain't no shovels in no ground yet.
(Just in case anyone's going to pounce on that as a sign it's not happening, there are utility relocations happening all along Yonge so stuff is happening. But no tunnelling yet.)
I doubt all the development is wating on the subway BUT some of them could be waiting on final detrminations of just what land the subway will actually need, depending where they are, if they might have a connection or be expropriated or whatever. If we're talking about the mall site, obviously Canadian Tire is further away from Yonge but evne once this development gets approved, we don't know the mall's plans. Will they try to keep it partly open? Tear it all down? Start development moving from west to east? A lot of guessowrk.
I don't think people are LYING, necessarily. The Province announced a subway would open in 2031 and while it's clearly not ahead of schedule, one can understand how that messes up planning for long-term leases etc. Still, obviously that ends up being unfair/frustrating to people like yourself. Not everything needs to find a new home, per se. The market will dictate what kind of retail goes in to the redevelopment, for example. Maybe it's No Frills again. Maybe it's a Farm Boy or a T&T. Who knows?
I'm not sure why I can't easily find it online but I'm pretty sure the North Yonge Secconday Plan was approved by the OLT., maybe late last year?
The SP appeals did also "slow down" some of the development so I'm sure as certainty crystalizes, with that and then the subway construction plans, timing etc., you'll see things moving forward more quickly.
Do you know what FSI is?This is at 4.3FSI,… while across the street, Osmington got 21.75FSI at 6355 Yonge last Fall,…. Morguard would be idiots to proceed with this at 4.3FSI.
I think they understand FSI mathematically, but maybe not in application…Do you know what FSI is?