For those that scroll through photos and text – I’ve got video!
I went back to Yonge Street for a second look, and I think this condo development could be a new landmark…
The building is already a landmark, but for all the wrong reasons.
Being known as “the bird poop building” isn’t a positive, nor is the fact that it’s been vacant for twenty-five years.
Yonge Street itself is already a Toronto landmark, as is the Eaton Centre, the Elgin Winter Garden Theatre, and a slew of other buildings and locations along this strip. I guess “Yonge & Dundas Square” is a Toronto landmark, but I remember when that was the site of a giant jeans shop in the 90’s! Remember – they had “GOING OUT BUSINESS” written on the exterior of the building in letters as big as windows, and the word “for” hidden in between “out” and “business.” I never bought anything from there, but I digress…
I think that Massey Tower could be a Toronto landmark, and as I’ve said before with respect to developments that I’m luke-warm about, “Anything is better than what stands there now.” If the best way to draw attention to these two beautiful heritage buildings is to build a giant condo over top of them, then let’s do it.
Not only that, I like the artist’s rendering (thanks to Buk for providing this) which even incorporated the HomeSense next door into the drawing! I suppose this glorified-Winners is a landmark in itself!
Other than the traffic congestion resulting from ongoing construction, I don’t see any drawbacks to this development.
Of course, I have no idea what price they’ll be looking to charge, but I can only imagine it will be in excess of $600/sqft, without parking, and I think I’ve made my opinions on pre-construction abundantly clear.
So while I won’t be buying at this development, or selling it to my clients, I still think it’s a great idea. It adds to the allure of Yonge Street, and helps restore two heritage buildings.
Now if they could only start construction on that damn St. Lawrence Market on the north side of Front Street already!