New owners are starting to move in to the just completed commercial building known as
Junction Triangle Lofts at 229 Wallace.
Initial businesses to take up residence in what could turn out to be a new anchor in this emerging neighbourhood, just east of the Junction, include a medical office, an animation operation and the requisite yoga studio.
Ubisoft, the videogame giant, opened up shop across the street from the building recently, and will ultimately be hiring as many as 800.
"I did see a definite need for artists' studios and so forth in the downtown area," says Ashley Ross, the developer. "The Queen West triangle, all the artists were kicked out of there four or five years ago, which is when I bought the property, and I said, 'There has to be somewhere to fill that void.'"
Taking the place of the former D&M Building Supplies, the 216 by 112 foot lot houses the 28,000 square foot building. Each of the 10 two storey units is 2,650 square feet, and features a 180 square foot deck on the back of the second floor. Prices started at $619,900.
Construction began March 15 of this year.
Writer: Bert Archer
Source: Ashley Ross
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