Plaza Midtown Rising as Developer Gears Up for New Proposal in Area
Plaza Midtown Rising as Developer Gears Up for New Proposal in Area
Midtown Toronto’s urban heart around Eglinton subway station grows noticeably denser each year as new towers rise into the mix. Another pair of towers are soon to break into the local skyline, as the Plaza Midtown development infills a Tower-in-the-Park style site just north of Soudan Avenue that is already home to a pair of mid-20th century apartment towers that front on Dunfield Avenue and Holly Street to the east and west respectively.
The project from developer Plaza has been underway since Spring, 2019. It will add a pair of BDP Quadrangle-designed 27 and 34-storey condominium towers to the site beside the existing 14-storey rental buildings. Forming of the three-level underground parking garage is wrapping up at the S-shaped site, with the latest photos showing the project’s first forming going on above-grade.
The complex’s 27-storey tower is now starting to rise to the south of the existing Holly Street rental building, where forming of the ground floor is in full swing, and the first work has started on the slab forms for the second floor above.
The 34-storey tower will soon make its presence felt north of the existing Dunfield building, with its ground floor now being formed in preparation for its climb into the skyline. Towards the interior of the site, forming continues of the garage’s P1 parking level, with work at the site soon to be entirely at or above grade.
Plaza Midtown will bring 545 new units to the block, to be joined in the future by a planned 1,550 m² City park fronting onto the northwest corner of Soudan and Dunfield.
Meanwhile, plans are in the works for another Plazacorp development in Midtown, with their recent partnering with Firm Capital, owners of a rental building on the southeast corner of Yonge Street and Woodlawn Avenue. The redevelopment of 1233 Yonge Street and 9 Woodlawn Avenue would replace the existing rental buildings with a new mixed-use development containing condo and rental units, and ground floor retail facing Yonge Street. Plaza is targeting the Fall for an application for Official Plan and Zoning by-law amendments to redevelop the site.
Source Urban Toronto. Click here to read a full story
Leave a Reply
Leave a Reply
FOR SUBLEASE – Industrial Space – Ajax
Available area: 1,810 Sq Ft Lease rate: $15.50 Sq Ft Net + $5.65/2023/T.M.I. Rare Small Bay Industri ...
FOR LEASE – Office Spaces – Scarborough
Available units: #218 – 1,248 SF – $11.00 psf + $19.01 TMI psf #221 – 777 SF ̵ ...
FOR LEASE – Retail Space – Toronto
Available area: 595 SF Lease rate: $1,800.00 Net Lease Located in Toronto’s upscale Leaside ne ...
BUSINESS FOR SALE – Sports Equipment Shop – Peterborough
Available area: 783 Sq Ft Asking Price: $300,000.00 An exclusive business opportunity awaits in Pete ...
FOR LEASE – Office Space – Toronto
Available area: 1,124 SF Lease rate: $17.00 Net Lease Perfectly located near the 401 with easy trans ...
FOR LEASE – Office Space – Toronto
Available area: 755 SF Lease rate: $1,800 Gross Lease Prime Scarborough Location Surrounded By Dense ...
FOR LEASE – Office Space – Toronto
Available area: 638 SF Lease rate: $1,700 Gross Lease CLICK HERE TO DOWNLOAD THE BROCHURE Prime Sc ...
FOR LEASE – Office Space – Toronto
Lease price: $23.50 Sq Ft Net + $17.68/2023/T.M.I. Available area: 3,901 Sq Ft 1,820 Sq Ft Elevate y ...
Toronto Commercial Properties
Stephen & Mariya Lilly
Brokers
Office: 416-494-7653
Mariya Cell: 416-824-5078
Stephen Cell: 416-802-4228