Quote:
Originally Posted by The S'toon Goon
I noticed some work being done at (or maybe adjacent) to the lot beside the parktown to the south. I think I recall that lot being for sale, but hadn't heard anything else. Has anyone heard anything going up there?
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As far as I know, that parking lot was sold along with the Ukrainian Museum's building:
https://www.icrcommercial.com/wp-con...dina-Cres-.pdf
For $10.7M, you'd expect the buyer to have ambitious plans, and the property's current M4 zoning would allow for any number of uses (including high-rise residential, hotel, and/or office uses). My guess is that we'll eventually see an apartment building there, much to the chagrin of the folks in the condos next-door.
I'm very curious about the future of the museum, and I wonder if they'll relocate to another spot downtown. As I peruse their website, I find no mention of relocation plans, so it might be premature to speculate. However, I keep thinking of the soon-to-be-vacated Frances Morrison Library. I wonder if it might find new life as a museum and home to other local cultural groups and institutions. It's a nice thought.
By the way, the two small properties (not all three) at the corner of 23rd and Spadina are for sale, again with M4 zoning:
https://www.icrcommercial.com/proper...atoon-SK-Call/
Between that corner, the lot south of St John's Anglican Cathedral, the Knox United Church's parking lot, and this property south of the Park Town Hotel, these two blocks of Spadina might see considerable investment in the coming years. Throw in the Star Phoenix property, and this area is ready to explode. I'd wager that there's a lot of smart money to be made by the group that moves first on a new development in this area. There's no lack of potential here. Fingers crossed.