AlvinofDiaspar
Moderator
Surface Lot 1 & 2 holds approx. 1800 spots:
Assuming 75% coverage, you'd need what, 1.5 floors.
AoD
- Thread starter Northern Light
- Start date
Surface Lot 1 & 2 holds approx. 1800 spots:
Assuming 75% coverage, you'd need what, 1.5 floors.
AoD
Tyrang
Active Member
This is a way better move.From Global:
Ford government looking at moving Ontario Place parking, canvassing new sites | Globalnews.ca
Emails and meeting minutes obtained by Global News reveal meetings and discussions involving Toronto and Ontario considering where in Exhibition Place a new site could be built.globalnews.ca
Excellent news - it's a major pain point. Now just make sure whatever they chose to do will respect the integrity of Exhibition Place. - and putting it at the north-western edge of the site makes little sense. Building a large, shallow structure directly below what will be the "Festival Plaza" seems like a no-brainer.
AoD
Having a Parking Garage in Exhibition Place means Exhibition Place will benefit from it. There will be foot traffic into Exhibition Place and that will help the year-round initiative. Also, they can also reclaim all of the open parking space for other stuff, like garden and such.
Ontario Place probably gets more usable space back, and preferably as a park land expansion.
Meanwhile, I expect CNE to complain about this soon.
generalcanada
Senior Member
Wow thats much bigger than i thought, is that timeline even possible then?
Northern Light
Superstar
When are you starting work? Is any demo required?
To go down 2 levels, if the ground isn't frozen, shore, come back up, and cover? I think 8 months is workable.
So if you start by Dec' 26.........should be fine, with some contingency, depending on when in '28 Therme is set to open.
Now, if you don't start til spring '27.....your cutting it a bit close, if Therme is set to open in the first 1/2 of 2028.
kotsy
Senior Member
Hoping it's tucked away next to the OVO building, but that's coming from someone who doesn't want the CNE's area shrunk further.
ChesterCopperpot
Senior Member
If you wanted 1800 spots on the west parking lot here (+/-30,000m2 surface area) - you'd need to go down 2.5 levels.
Bayer
Senior Member
Interesting article in the NYT claiming Therme misrepresented itself. Hopefully this gift link will work:
A Wellness Company With False Claims, Global Aims and a Toronto Island
A Wellness Company With False Claims, Global Aims and a Toronto Island
UtakataNoAnnex
Senior Member
^The only thing that article didn't say was that Therme was operated by a Nigerian Prince... /s
Tyrang
Active Member
Not sure about Therme finance, but because the article is interesting, I started fact-checking a bit.
Maybe Therme did exaggerate their portfolio, but the article also did some selective reporting. Therme has 7 projects, 3 completed and 4 ongoing.
Out of the 3 completed ones, Therme built one themselves, collaborated one with Wund Holdings (the company that the article implied Therme replicated the brand off), and one that Wund Holdings built. Therme did acquired the one that Wund Holdings built last year.
Interesting thing is that the founder of Therme and the late founder of Wund Holdings have very close relationship, and if you take a look at their leadership group, the execs basically works and sits in both companies as VPs, Advisors, and C-Suites. So the two companies prolly do operate as one - which is made more obvious to me since Wund Holdings is registered as Non-profit. So part of this arrangement likely has to do with tax dodging.
Anyways, this NYT article kinda did not present the full story in my opinion after some digging around. It is unfortunate that I have to develop habit to look into reporting these days - a practice that I started after a journalist friend from NYT talked to me about journalism these days.
ChesterCopperpot
Senior Member
Bucharest and what other 2?
generalcanada
Senior Member
Whenever there is rhetoric in an article I basically skim over it.
They try to present some lightly supported facts, add rhetoric like "the cut down the island in the middle of the night to hide from people".
Like cmon you cant be fooling that many people right?
Tyrang
Active Member
Frankfurt is the one Wund Holdings and Therme collaborated on, and Munich is the one that Wund Holding Built and acquired by Therme last year. I felt like the acquisition has more to do with legality.
UtakataNoAnnex
Senior Member
It's interesting though that in this age of high level grifitng, I am not surprised by any of this if this was true. Not to mention, it's highly plausible that this is true...
...the only thing I can say here is that Doug wasn't the only one taken in on this.
...the only thing I can say here is that Doug wasn't the only one taken in on this.
ChesterCopperpot
Senior Member
The one that hasn't started construction yet?
Northern Light
Superstar
Instead of skimming, try reading.
You do have have this consistent habit of deciding what you think before having the facts and reading only pieces that agree with your preordained view.
The substantive question in the piece is this:
Does Therme actually have the funding in place to build the Toronto project or an other?
The Times suggests that is very much in question and the evidence certainly points in that direction.