You know Toronto's development scene is fully back on its feet when new developers are starting to want in on the action.
Like the five law partners at the southeast corner of King and Sherbourne. Together, they own the 3-storey brick building their firm operated out of, and they're planning on developing it, as Plus Development Group, into
17 storeys of condos.
"We assembled some property to the south of the main building, and to the east of the main building," says partner Steve Macaulay, "and our vision was to develop the corner with a condominium that would fuse together the historical building with a modern condominium tower on top of that."
The tower's height will include the current three storey building, which will include 4,000 square feet of retail space supporting the 132 loft spaces above, designed by Tact Architecture Inc.
Though the building, originally named Bauhaus and now being marketed as King Plus, was just launched last week, the partners are optimistic about their timeline.
"If we had our druthers, I think we'd like to start construction sometime in the fall this year," Macaulay says, "and then its probably an 18-month or so horizon for completion of the project."
The building was designed by
Tact Architecture Inc.
Writer: Bert Archer
Source: Steve Macaulay
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