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Old September 29th, 2008, 07:58 PM   #1
vancouverite/to'er
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TORONTO | 2 Cumberland Terrace | 162m | 45 fl | 124m | 36 fl | App



-------------------------------------------------------------------------------------------------------------------------------------------------------


2 Cumberland Terrace Redevelopment
image hosted on flickr

Here's the official PDF..enjoy!!
http://www.toronto.ca/legdocs/mmis/2...file-15721.pdf

Breaking news from Toronto's Yorkville!
I'm not sure what's up with the retail. Personally I'd like to see Holts move their store here from Bloor street. Exciting stuff for Toronto's midtown!

Last edited by desertpunk; September 13th, 2013 at 05:51 AM.
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Old September 29th, 2008, 10:32 PM   #2
Eric Offereins
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nice, though I would prefer to see it in color.
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Old September 29th, 2008, 11:39 PM   #3
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Thanks v/to'er. I hadn't heard of this one yet.
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Old September 30th, 2008, 04:45 AM   #4
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Quote:
Originally Posted by Grey Towers View Post
Thanks v/to'er. I hadn't heard of this one yet.
Me neither. Curious proposal.
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Old September 30th, 2008, 05:08 AM   #5
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It appears to have changed somewhat, but here is the original render:


(Note that only the tower on the bottom right is new. The one on the left is a recladding of an existing tower)
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Old September 30th, 2008, 05:12 AM   #6
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Imagine if they have to work on these buildings in the winter. Freezing cold.
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Old September 30th, 2008, 05:12 PM   #7
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Wow, it looks awesome with those trees and stuff on it
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Old October 1st, 2008, 04:47 AM   #8
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For anyone who is confused by the renders, the exterior of 1 Bloor West will remain largely untouched nor will it even be converted. The taller tower (161m) is proposed to be built just north of the main office tower on Yonge and Bloor. However, the entire podium/retail stories will be vastly improved.
,Evan
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Old October 1st, 2008, 04:54 AM   #9
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Quote:
Originally Posted by welshdragon08 View Post
Imagine if they have to work on these buildings in the winter. Freezing cold.
Um. All of our buildings are worked on during the winter, as in any cold climate.
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Old October 1st, 2008, 06:39 AM   #10
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Quote:
Originally Posted by vancouverite/to'er View Post
The taller tower (161m) is proposed to be built just north of the main office tower on Yonge and Bloor.
,Evan
any idea why it's not in the render? i see a new tower at cumberland and bay, but the space just to the north of 2 bloor (cumberland/yonge?) seems to be a greenroof/garden type thing. confused.
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Old October 1st, 2008, 04:36 PM   #11
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Its an old render.
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Old October 2nd, 2008, 02:25 AM   #12
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ah, right on...too busy to dig through the .pdf file, thanks!
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Old October 2nd, 2008, 02:34 AM   #13
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Do we have some photos of the current state of Cumberland Terrace, so people can get an idea of what is to be 'improved'?
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Old November 13th, 2008, 11:44 PM   #14
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Here's a better render with a the second pic showing where Cumberland Terrace would be located. It will replace the 2 storey building on the right with 'CUMBERLAND TERRACE' written in white letters. The tall render a block further down is the new Four Seasons Hotel currently under construction.

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Old July 24th, 2009, 05:24 PM   #15
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Yorkville's last grubby block gets a makeover
Cumberland Terrace is ugly, yet dreams of razing it have always failed. Now there's a plan to turn it into the next Mink Mile. The scheme's so bold it just might work
23 August 2008
The Globe and Mail

For a store tucked behind the Holt Renfrew Centre, discount clothier Fashion Biz couldn't be further from the haute shops of Bloor.

Ladies' slacks in lime and coral are on sale for $3.99 or three for $10 on a rack out front. Tank tops decorated with tiny guitars go for the same price. Across the way, Fashion Biz for men is displaying Hawaiian shirts and polyester jerseys.

Both Fashion Biz outlets are located in the basement of Cumberland Terrace, a low-slung indoor mall built before Yorkville's boom and left to linger like dirt beneath the neighbourhood's newly manicured fingernails.

“It's pretty sad,” says Briar de Lange, general manager of the Yorkville-Bloor Business Improvement Area and a former retail manager at Cumberland Terrace. “[In parts of the Terrace] they've really only been able to keep the lights on.”

Finally, there's a plan to bulldoze the mall: The property's owners want to transform the south side of Cumberland between Yonge and Bay into a sparkling retail promenade topped with luxury townhouses and a pair of condo towers, all designed by architect-on-the-rise Patrick Fejér of Toronto firm Bregman + Hamann.

If approved, the project would be an extreme makeover for Toronto's fashion epicentre, clearing the way for the eastward expansion of Yorkville and the northward expansion of the Holt Renfrew Centre on Bloor, a project that has not been confirmed.

“[It] has a lot of potential,” says John Filipetti, vice-president of Oxford Properties Group, the site owner.

“One is the further transformation of Yorkville over time. So many of the streets in the neighbourhood now are very vibrant … when you look at Cumberland Terrace, the design of the building does not really contribute to life on the street.”

Holts won't comment on expanding its Bloor Street flagship, but Mr. Fejér's design features an underground tunnel and above-ground bridge connecting the back of the proposed development to the back of the Holt Renfrew Centre, across the Mayfair Mews laneway.

No matter what Holts decides, the new development could slake U.S. retailers' thirst for generous storefronts near Bloor, says John Crombie, senior managing director and national retail director for Cushman & Wakefield LePage.

“Apple's been on the street looking for a large chunk, Crate & Barrel's been on the street looking for a large chunk,” he said. “You just can't get it.”

All this doesn't mean it will be easy for Oxford – the real-estate arm of OMERS, Ontario's municipal employee pension fund – to make Mr. Fejér's vision a reality.

Cumberland Terrace has always proved immune to redevelopment. Rumours of the mall's demise have bubbled for years; proposals to raze it have been floated, then sunk.

Part of the challenge is one of the traits that makes the site attractive in the first place: the nexus of the Bloor and Yonge subway lines. Both run beneath the Terrace, making it impossible to dig underground parking garages to accommodate condo-dwellers' cars.

As well, Oxford could face resistance from those who consider the Terrace the area's last haven for independent shops. According to Mr. Crombie, Mink Mile landlords charge upwards of $300 per square foot, whereas Cumberland Street space goes for between $30 and $50 per square foot.

“The flavour of Yorkville has been disappearing,” says Socrates Reppas, 58, owner of Marquis Jewellers, located in the Cumberland Terrace since 1975. “It's all condos now. The mom-and-pop stores are gone.” Mr. Reppas says it will be “hard to swallow” a move after 33 years.

It won't be much easier for Bob Sagman, 60, the owner of Song & Script, a family business that specializes in Broadway recordings.

“I don't see why they need it. They don't need more condos, they don't need more office towers,” says Mr. Sagman, who moved, six months ago, into the main floor of Cumberland Terrace, after rising rents forced him off Bay Street. From 1963 to 1978 his store was located on Bloor, where Williams-Sonoma's flagship is now.

“We figured [the redevelopment] was eventually going to happen,” he sighed. “But we didn't think it would be right away.”

As another hurdle, Oxford has to win over the city's planning mandarins.

Oxford's proposal, submitted to the city June 27 in a rezoning application, envisions a mix of large and boutique storefronts. The plan calls for an 18-storey residential tower at the corner of Yonge and Cumberland, a 45-storey tower in roughly the middle of the block, and nine luxury town homes located above the shops. (A rezoning application is necessary because both proposed towers exceed the height and density allowed in the area.) The proposal also includes an above-ground parking garage integrated into the design, masked by a façade of glass and living-plant walls.

“What we're trying to do is animate the streetscape and make it more of a vibrant pedestrian experience,” said Mr. Fejér. One of his latest Toronto projects is Phase II of the MaRs Centre at College and University, now under construction.

The city won't publish its first report on the Terrace proposal until the fall. It typically takes a year to slog through rezoning, meaning work couldn't start until fall of 2009.

That's an optimistic timeline. But there's good reason to believe the city will embrace the plan. “We're thrilled that someone has come in with an application [to redevelop Cumberland Terrace],” said Paul Bain, acting manager for midtown, in Toronto's planning department. “It's been needed for a long, long time.”

When Cumberland Terrace was built in the early 1970s, indoor strip malls were all the rage. Planners believed they would better attract shoppers in Canada's bitter winters.

The Terrace still boasts the fusty maroon floor tiles of that age. Its first floor is a mix of discount shops, jewellery stores and nail salons, none of which can be accessed directly from the street.

The second floor is largely empty, save for a campus of the Canadian Business College. (Mr. Filipetti says the Terrace's current vacancy rate is 10 per cent.) The basement is best known for its windowless food court and subway entrances.

While the Terrace seems frozen in time, Yorkville has gone from a hippie enclave to a luxury one.

Between 5,000 and 6,000 new condo-dwellers have flooded Yorkville in the past decade, according to Ms. de Lange. More are on the way, fat wallets in tow.

The new Four Seasons hotel-condo, the 80-storey Bazis Tower at 1 Bloor St. E. and the fledgling plan to erect more condos on the site of the Four Seasons at 21 Avenue Rd. will further boost the neighbourhood's cachet.

And that will attract more residents who shop at Holts, not Fashion Biz.

“[Redeveloping the Terrace] is only going to add to the change that we've seen in the last two decades,” says Ms. de Lange. “It's been phenomenal.”

Yorkville's changing face

• Four Seasons Private Residences: The official groundbreaking was last month for two luxury towers – a 52-storey hotel-condo and a 26-storey tower – at the corner of Bay and Yorkville.

• 1 Bloor St. E.: Construction is under way at the site of the 80-storey Bazis International hotel-condo, which sparked a near-riot in the sales line last year.

• 21 Avenue Rd.: The current Four Seasons Hotel, this site will likely be demolished. An application is pending to build two condos: A 44-storey north tower and a 48-storey south tower.

• 192A Bloor St. W.: The site of a McDonald's, which just bought the land it had been leasing from the city. The move paved the way for Bazis to redevelop the northwest corner of Avenue and Bloor, but no development application has been submitted.
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Old July 24th, 2009, 05:37 PM   #16
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Oxford has plans for Yorkville eyesore
24 October 2008
The Globe and Mail

The layers upon layers of gilded luxury that drape Yorkville Avenue have come to symbolize wealth and opulence in Toronto. Over the past 10 years, developers have been busily snapping up every vacant space in the affluent shopping district between Charles Street and Yorkville Avenue, west of Avenue Road, to build suitably luxurious condominium suites that meld with the designer boutiques, jewellers and bistros.

What is surprising is how this deluge of pearls and Prada ends abruptly at Bay Street. You can pick out delicate pastries and gourmet-grade prosciutto in Pusateri's Fine Foods at Yorkville and Bay, but when you cross Bay Street and walk east, you are surrounded by shopping arcades and crumbling parking lots.

That is about to change, starting with the Four Seasons Private Residences on the corner of Yorkville Avenue and Bay on the site of a former parking lot. Since launching sales in the five-star hotel-condominium a year ago, Menkes Developments has sold 80 per cent of the suites, even though prices start at more than $1-million, or $1,400 a square foot – roughly three times the Toronto average.

Now, Oxford Properties is aiming to redevelop its Cumberland Terrace shopping mall one block south. It's currently home to hobby shops, discount electronics stores and basement food court. Oxford representatives freely admit that the commercial property, which it has owned since 1999, is a troubling eyesore.

The company wants to replace it with two glass condominium towers – 45 and 36 storeys – along with nine residential villas to be perched atop a street-level retail platform.

The upscale Holt Renfrew store, located on Bloor Street to the south, has expressed interest in expanding into the space as an anchor tenant. Other shops would open on to Cumberland Street as opposed to the indoor mall that currently exists.

No matter how you look at it, it's an ambitious undertaking at a time when developers – or more accurately, their bankers – might be considering reining in grand projects aimed at niche markets. Add to that some structural obstacles to construction just beneath the surface.

“The challenges of the site have made redevelopment a slow process,” said John Filipetti, Oxford's vice-president of development. “The subway, technically, is very challenging. There is very little terra firma down there.”

Bregman + Hamann Architects have been conscripted to design striking towers in a neighbourhood that is already a notch above the current standards of residential condo development, but also to accommodate the subway tunnel that runs directly underneath the site.

Mr. Filipetti says it could be 18 months before sales can be launched because it will take that long for the design, rezoning and site-plan approval process to play out.

“Optimistically, we're looking at a late 2009 [construction] start, maybe early 2010,” he said.

It's far too early to lay out a price range, but Mr. Filipettis said that a good portion of the project – including the upper floors and the villa-style residences – will be aimed at the high end of the market.

“The villas are like houses, with their own terraces and courtyards, and will be targeted at the [super-luxury] market segment,” he said.

Pulling the affluent, mixed-use communities of Yorkville east to Yonge Street has been a long-term goal for the city of Toronto, and Mr. Filipetti reports that municipal officials have been extremely helpful in stickhandling a rezoning application.

The design also will need to undergo a peer-review process to assess whether it is adding to the quality of life in the surrounding community.

Other market experts say that the Cumberland Terrace redevelopment will be watched closely not just because of its scale, but because of its design and engineering.

“The original Yonge and Bloor subway lines were never designed to accommodate buildings over them,” said Barry Lyon, a leading marketing consultant for high-rise residential developments. “Oxford has had to come up with some creative engineering to bridge the tunnel.”

But with Yorkville sites west of Bay extremely hard to come by after a decade-long building boom, the Prada crowd and those who wish to house them don't have much choice.
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Old July 24th, 2009, 05:50 PM   #17
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Those articles are a year old (23 August 2008)
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Old July 24th, 2009, 06:00 PM   #18
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Yea ... I haven't seen recent ones. Is this project going ahead? I noticed the Yonge/Bloor razed plot nearby might not go ahead.
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Old August 8th, 2009, 09:15 AM   #19
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I've been wondering about this one as well.
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Old February 1st, 2010, 06:04 PM   #20
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Still so little information regarding this one. I haven't heard so much as a peep.






- NOTE: Now 2 Bloor West.
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Last edited by desertpunk; September 13th, 2013 at 05:52 AM.
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