RGF Real Estate Fund L.P. announces the acquisition of a three-storey “heritage” office building at 8 Elm Street in Toronto. It is designated as a mixed-use area in the City of Toronto’s Official Plan and ideally located just north of the Yonge and Dundas intersection.
This site is a prime location for a high-rise condominium either with or without the incorporation of the adjacent properties.
This project has been purchased in partnership with Muzzo Group, one of Canada’s most diversified developers and builders.
The current proposal has an 80-storey residential tower sitting atop the retained three-storey facade of the designated heritage building currently occupying the site.
HBNG Holborn Group announces development land located on Queen Street East at The Gore Road, City of Brampton.
The site is currently vacant and adjacent a Natural Heritage System and is served by three bus services including a Zum Rapid Transit Route to York University. The area includes a wide range of retail and commercial facilities within a 10-minute walk, including a convention centre and hotel directly across the street.
The concept plan proposes 276 new low-rise residential units, comprising 152 townhouses and 124 detached units. The plan also includes a medium density high-rise residential building with ground related commercial uses.
Other uses include a Park, SWM Pond amenity area and a 7.66 acre office employment block with direct frontage on Queen Street East.
This project is being developed in partnership with TACC Developments and is estimated for a Fall 2017 market release.