Something is definitely happening in the base. A lot of activity going through the front door today.
Resharing
@Johnny Au 's
picture which is far better than mine to demonstrate how they've built a path and hoarding around the base with a doorway to haul materials into the space:
Given that there's been no news of a tenant and Tridel only just finalized taking over the project, I don't think it's a retail tenant outfitting the space, it's likely Tridel finishing it up themselves to stage it to find a tenant.
Question: Is this circled area the intended hotel lobby and event space?
View attachment 643879
Now without a retail tenant
and a hotel partner, I wonder if they can get creative with the base. Flexibility in the use of the retail space and the hotel block (if that's indeed what it is) could attract better bids for either or both.
A pair of escalators from the vaulted space into that south block like the Sheraton Centre, then a restaurant/bar with live music like Shangri-la and other hotel lobby activities at street level would be a nice use of the space. If the Sheraton and Shangr-la can make it work at prime locations, then why wouldn't The One?