- Thread starter Ziggy
- Start date
Still there, along with the 2024 completion! That webpage, therefore, smells past its due date. In any case, Allied and Westbank gradually parted ways at Toronto House (19 Duncan), so is that what's happening here? Maybe Westbank's ownership is down to a fraction of what they once held at this site?
42
DSCToronto
Superstar
oops!
ProjectEnd
Superstar
Does @AHK have more detail on this divorce?
taal
Senior Member
Allied making the most bone-headed acquisition & development decisions continues unabated!
@ProjectEnd What other bad decisions have they made ?
ProjectEnd
Superstar
What's a good decision they've made post-Covid?
Northern Light
Superstar
I thought the office portfolio they acquired was a weird move. Totally off-brand for them. Was that the worst move?? LOL
UtakataNoAnnex
Senior Member
...their choice of cladding seems okay?
Red Mars
Senior Member
July 15, 2025
A recent restaurant casualty (June 1, 2025)
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A recent restaurant casualty (June 1, 2025)
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neuhaus
Senior Member
Toronto is such a small market for Westbank, as they have a lot of projects going on in BC, Washington state, and California.
KING Toronto is their only active development under construction* with no other future projects in the pipeline. It seems like they want to focus their operations on the West Coast, where they have a number of large-scale developments being built there (not to mention the growing debts they and most developers are facing right now). Sadly, Toronto is a difficult market, and the market here is not ready for more innovative, quality, high-end residential projects on a larger scale, especially with how expensive things are here.
As a purchaser in this building and plan to make this my next home, I was saddened by the news and concerned that the building may be scaled back and will lose many of the signature details that make a Westbank building special. The building does have a significantly large percentage of buyers who are end users, including Sir Elton, and one of the PH buyers who bought and combined two of the PH units on the East Mountain which made the news as setting a price record at the time, so it will be interesting how Allied will deal with the purchasers here. About 95% of the building has been sold and sales of the remaining units were put on hold for a while and won’t be released until close to completion.
I’m hoping this will not be a Goodbye Yellow Brick Road, and a goodbye to the one-of-a-kind Fazioli piano Elton John designed for the lobby —a trademark on every Westbank building.
* correction, Westbank also has Mirvish Village under construction in Toronto.
KING Toronto is their only active development under construction* with no other future projects in the pipeline. It seems like they want to focus their operations on the West Coast, where they have a number of large-scale developments being built there (not to mention the growing debts they and most developers are facing right now). Sadly, Toronto is a difficult market, and the market here is not ready for more innovative, quality, high-end residential projects on a larger scale, especially with how expensive things are here.
As a purchaser in this building and plan to make this my next home, I was saddened by the news and concerned that the building may be scaled back and will lose many of the signature details that make a Westbank building special. The building does have a significantly large percentage of buyers who are end users, including Sir Elton, and one of the PH buyers who bought and combined two of the PH units on the East Mountain which made the news as setting a price record at the time, so it will be interesting how Allied will deal with the purchasers here. About 95% of the building has been sold and sales of the remaining units were put on hold for a while and won’t be released until close to completion.
I’m hoping this will not be a Goodbye Yellow Brick Road, and a goodbye to the one-of-a-kind Fazioli piano Elton John designed for the lobby —a trademark on every Westbank building.
* correction, Westbank also has Mirvish Village under construction in Toronto.
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after-dark
New Member
I was under the impression everything on https://kingtoronto.com/floorplans is still available and for sale.
neuhaus
Senior Member
The website hasn’t been updated, and the sales office has been closed for a while — it was across the street, but it’s now being used as their management office. I’m sure if you wanted to buy one of the remaining penthouses, they could make that happen.
AHK
Senior Member
July 18 - King Toronto glowing in the morning sunshine
peter.d
New Member
Earlier glass block on King W.
AHK
Senior Member
Friday, July 18. A quiet day at King Toronto, but one photo showing a couple of cladding crew preparing for installation of the Level 4 cladding sections on the south facade:
