GameOnBrad
Senior Member
Just posted by Waterfront Toronto
- Thread starter DSCToronto
- Start date
xmyth_
Senior Member
There should be federal law that says if you use trees and vegetation in your renderings, you must actually deliver on said greenery or get 20yrs in prison.
I think to publicize this act, we put CF execs in jail until the Eaton Centre is green again.
#realgreenparty
I think to publicize this act, we put CF execs in jail until the Eaton Centre is green again.
#realgreenparty
milkycontent
Active Member
Love this plan. How do we think the private site at 65 Ookwemin St will factor in to Centre Commons? The current proposal was designed around the older plan with the more traditional street grid. Can/will the city expropriate that ROW the same way (I assume) they would have done with a road? Or will it maybe become a POPS? Should we expect a revised design for 65 Ookwemin St that is better oriented to the pedestrianized vision? Very curious how the private site will adapt to this plan.
abovegrade
Active Member
Gird your loins! Looks like the perfect recipe (as well as the Keating channel promenade) for making Toronto and the waterfront much more fun and charming...or Hygge.. as the Danes say.
DKsan
Active Member
To be fair to Waterfront Toronto, they're like the only group/agency in the GTHA that I trust to actually properly green their urban sites...
abovegrade
Active Member
If anyone has been on ave Mont royal in Mtl in the summer, you may have noticed these art installations that also act as spouts shooting out cold water mist to keep pedestrians cool in the summer months. I wonder if something similar might be nice here, although some of the urban greenery will mitigate heat for sure.
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Jm gravel
New Member
Given the crazy crowds around cherry blossom sites in Toronto I hope they plant lots of black cherry trees in Ookwemin Minising…place of black cherry trees..
HousingNowTO
Senior Member
A&M's Keybridge redevelopment site in London also has maybe my favourite urban 'School-in-Podium' housing solution... with a pub-patio next to the School pick-up gates...
Wyvil Primary School in Vauxhall, London, completed a major expansion and refurbishment in Summer 2021, creating a new two-form entry site and expanding its specialist facilities. The expansion includes a 360-place school building extension linked to the nearby Keybridge House development and enhanced SEND (Special Educational Needs and Disabilities) provision - https://www.lambeth.gov.uk/better-f...ary-school-expansion-keybridge-house-phase-ii
HousingNowTO
Senior Member
...the units are "spacious" because they are mostly market-rate CONDO units, where a 1-Bedroom / 1-Bath (650 sq. ft) lease-hold on a lower-floor currently lists for £650,000 (UK) / $1.2-MILLION (CDN) --
and a 3-Bedroom / 3-Bathroom (1,092 sq ft) lease-hold on a middle-floor currently lists for £1,29-MILLION (UK) / $2.38-MILLION (CDN).
As always, "you get what you pay for" -- or someone else pays for.
Lambeth, Keybridge II = 595+ homes, including 26 'affordable' units (approximately 5.9% of the total scheme) -- but I am honestly, not sure with UK definition of 'affordable rent' they are required to provide on that site.
Most of the 'Community Benefit' value of that specific UK development went into the new School, rather than the 'affordable rental' housing program.
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In Toronto, at Ookwemin-Minising (nee Villier's) -- the City is aiming to create ~12,000 new apartments, mostly rentals (likely with rent-controls) -- and 30% of the units (Approx. ~4,000 apartments) renting at City of Toronto 'Affordable Rents' (2026 values) -
Given the target 'affordable rents' above, and the fact that the City correctly wants to create 5X the ratio of market-to-affordable in the Keybridge (UK) project, the only way the math works within current CMHC and Build Canada Homes funding-models is with much smaller average new build unit-sizes.
Nothing that we are hearing from Queens Park or last week's Federal Spring Economic Update makes me think that the City is in-line to get the BILLIONS in grants that would be needed to deliver those kinds of units-sizes, at that kind of scale, with those kinds of 99-year rents.
Something has gotta give to actually get out of the ground, so our assumption is the easiest number to adjust (politically) in City of Toronto context will be the new build unit-sizes on the 'affordable rental' apartments.
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UK floorplate examples & market-values -
Lambeth, Keybridge II : 1-Bedroom / 1-Bath (650 sq. ft) lease-hold on a lower-floor currently lists for £650,000 (UK) / $1.2-MILLION (CDN)
Lambeth, Keybridge II : 3-Bedroom / 3-Bathroom (1,092 sq ft) lease-hold on a middle-floor currently lists for £1,29-MILLION (UK) / $2.38-MILLION (CDN)
Northern Light
Superstar
.... London, UK has three different streams of affordable units.
Affordable: 80% of fair market.
Living London: 67% of fair market.
London Affordable Rent: Which is based on Council Estate or rent-geared-to-income formulae.
I searched all three in association with Keybridge, with AI.
The result suggests that London, Affordable (Council Estate) rent levels are assigned to the Keybridge units.
***
I have not yet been able to support the above (the rental classification at Keybridge specifically) with source documents.
However, I do have the rent calculations for the types of housing described above as they were in 2022:
From: https://londontenants.org/wp-content/uploads/2022/04/Affordable-genuinely-affordable-table22.pdf
The two bed number above works out to 749 pounds per 30 days. Which at current exchange rates would be $1,385 per month.
xmyth_
Senior Member
Honestly, at this point I just want them to shut up and build as quick as humanly possible.
I haven’t been in the area as long as some, but if you’ve done a 9-5 walking down parliament past auto lots and car washes and vacant land for any measure of time- you get overjoyed by Canary District opening- then finally getting a grocery store.
I’ve spent many hours walking Don roadway and the Portlands. Stopping to see where GDT filmed his fish movie, or doing the death march on foot to and from T&T. I love biidassige park and worry about the tower wall they propose to put up north of Keating channel, but man-
The way we all have to sit on our hands and wait for the dementia patient in chief to quit screwing with the global economy, while also waiting out Premiere Bribe’s efforts to ruin the waterfront, before we get to the fights on height and density, then individual permits, then whatever Mayor Bradford Bradford wants to add.
I’m not getting excited until we see individual threads here for each building with developer and dates and value engineered plans attached.
I think one of the meetings, they said they’d be ready to start building in 2030-2031 -which just serves to piss me off even more that they hurried to build the Porsche dealership as they did.
I haven’t been in the area as long as some, but if you’ve done a 9-5 walking down parliament past auto lots and car washes and vacant land for any measure of time- you get overjoyed by Canary District opening- then finally getting a grocery store.
I’ve spent many hours walking Don roadway and the Portlands. Stopping to see where GDT filmed his fish movie, or doing the death march on foot to and from T&T. I love biidassige park and worry about the tower wall they propose to put up north of Keating channel, but man-
The way we all have to sit on our hands and wait for the dementia patient in chief to quit screwing with the global economy, while also waiting out Premiere Bribe’s efforts to ruin the waterfront, before we get to the fights on height and density, then individual permits, then whatever Mayor Bradford Bradford wants to add.
I’m not getting excited until we see individual threads here for each building with developer and dates and value engineered plans attached.
I think one of the meetings, they said they’d be ready to start building in 2030-2031 -which just serves to piss me off even more that they hurried to build the Porsche dealership as they did.
xmyth_
Senior Member
South West side of Biidaasige now open. Don’t think north is. But all fences are gone. So I don’t think I snuck into anything temporary.
DSCToronto
Superstar
Yes, the south side and the exits to west side of Cherry just north of Polson St opened last week, Thursday I think. We cycled them on Friday. One gets new and great views.
rdaner
Senior Member
Thanks! And we are getting closer to the opening of South Promontory Park!
cryogen
Active Member
Great addition to Villiers Island!