Posts Tagged ‘urban capital’

River City Phase 2 will feature approximately 240 loft style spaces… along with a small collection of double storey Loft houses! As highlighted above, the Loft Houses will be on the ground level Phase 2 and will extend along the base of the three glass towers.

They will be located on the East side of the development over looking the Don River and each will have it’s own “mud room”! Based on the rendering above, it appears that only nine of these Loft Houses will be made available. I currently have early access to prices and floorplans for the phase two and am expecting more to be released about the Loft Houses towards the end of October. Read the rest of this entry »

If you thought I was excited with all my posts about the River City developments back in 2009… look out, becuase you have’nt seen anything yet.  The second phase of the master planned community is coming, and boooy am I excited.

Before I get into the details Phase 2, let’s take a quick minute to look at all the features that make the development so attractive as a place to live and invest. For starters, there’s all the infracture that’s being pumped into the area. Most notably The Don River Park – which is currently being transformed from an abandoned post-industrial site into an 18 acre greenscape. Secondly there’s the Underpass Park - the most extensive park to ever be built under an overpass in Canada, and the first in Toronto.  The Park will cover approximatily 2.5 acres under and around the Eastern Avenue overpasses. Now that you’re a bit more up to speed with what’s happening AROUND the development, let’s take a closer look at what’s happening IN the development.

River City will be the first residential development going for a Gold LEED Certification in Toronto! LEED ranks building design, construction, and operational practices that provide high quality and high performance advantages to increase occupant health, comfort, productivity while reducing environmental impacts. Oh, and on top of that…they also won the BILD award for Best Building Design in 2010!

So now that you’ve had a quick recap of the area, let’s look at what the next phase has in-store!

River City Phase 2 (or the Three Mini-Towers as they’re affectionately being called) is the second part of the 4 phased development by the Urban Capital Property Group.  The glass towers stand 12 storeys tall and will contain about 240 loft style space from 452 sq.ft. to almost 1100 sq.ft! Ceiling heights will be 9 ft high with exposed concrete ceilings and columns.   Not a fan of carpet? Not a problem! The floors will be constructed with environmentally sustainable engineered hardwood floors, in all living and bedroom areas.  The bathrooms will have Saucier + Perrotte designed vanities with vessel sinks and ceramic tiles.

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If you were putting off buying a penthouse until Tableau Condos released their final collection…I have some great news for you!

In a building that has sold over 80% of suites , the top two (35th and 36th) floors have just been released and will feature suites from 405 sq. ft to over 1,000 sq.ft. Penthouses will have 10 foot ceilings and offer sweeping views of the City.  Prices start from $292,900 to $679,900 for the final release.  Parking is available for all units on these floors and is currently selling for $35,000 a spot.  Read up on the entire project here!

Send me an email below if you’d like to discuss Penthouse living at Tableau further:

When Tableau Condos first launched to the real estate community, very little was known about them.  I attended the Realtor’s VIP session and did some digging my self to get the low down on the project. The session took place in the a warehouse at 117 Peter St above the old Embassy Night Club.  There wasn’t very much marketing materials to work with aside from floorplans and a scale model of the tower.  At the time, they were only releasing 60% (which works out to approximately 250 units) of the building.  Purchasers were to be selected by way of worksheets  in a lottery system.

Within the first week, word on the street was that over 1000 worksheet were submitted!  The lack of a model suite and finishing selection didn’t seem to matter as the price was very attractive compared to other developments launching near by (The Mercer and Studio on Richmond). With very little marketing, a showroom incomplete and a well priced product, Tableau easily achieved what they had set out to do…Sell!

Last week, a much smaller group than the one originally at the launch was invited back for an early peek at the showroom and an update on Tableau’s progress.  I was on hand for the event and was quite excited with what I heard.  According to the developers: the last remaining tenant of the building has a year left on their lease.   Tear down and preservation of the existing facade should start as early as January 2012!  They also confirmed that sales are well over 60% and they anticipate that number to go even higher as they gear up for their public launch!

After the presentation, I toured the sales centre and snapped a few picture of it’s transformation. I especially liked the way they displayed the finishes.  Instead of your normal “wall of samples”, they’ve created three different cubes, each showing a different selection of finishes. The model suite was a replica of the T4A floorplan. Everything in the suite was standard except for the divider in the kitchen (that’s an upgrade).  My only criticism would be the use of white in the model.  Other may disagree, but I’m just too clumsy of a guy to be left in a white room lol.

Tableau has come a long way since it’s initial launch in October and I’m certain they’ll do very well once they launch to the public!  I have discounted prices on suites at Tableau but only until February 2nd! Check out the photos below:

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If you’re interested in purchasing at Tableau give me a call (or send me and email)…I’d love to help!

We finally got our first glimpse of what Tableau will look like!  On Thursday, brokers were invited to hear David Wex (of Urban Capital) speak on the unique characteristics that Tableau has planned for future residents!

The play on words of “Tableau”, (French for table) is apparent throughout the marketing of the project!   The features of the condo are broken down in 3 different parts of the Tableau…below, on and above! To add to my previous post of what the condo will offer:

BELOW THE TABLE –  will feature a combination of design powerhouses.  Starting with my favourite part of the project is Shayne Darks “Nova” piece (seen above) that will  shoot through the table and add a dynamic display to the condo.  Below the table will be Claude Cormiers mosaic tiled plaza that will give a “ying and yang” contrast with the green space his firm is also working on across the street from Tableau.  To whisk you to and from your unit will be 4 high speed elevators. The lobby will house a 18′ high marble clad wall on one side with a floor to ceiling windows over looking the public plaza. Residential and commercial lobbies will be designed by Cecconi Simone. The current site of Embassy Night club will be worked into the building…sort of.  The tower and table will sit on top of the existing building with the facade being worked into the design instead of demolished!  Below are a few photos of what the corner currently looks like:

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What an exciting time to be growing up in the City…before are very eyes, many of the social districts and areas in downtown Toronto are changing!  Take for example, the “Club District”.   The tastes and styles of the party goers who once dominated the area have shifted and because of this many have flocked to different areas such as Queen and King West!  Although the partiers may have left…many of the 20th century warehouses still stand!

Enter: Tableau Condos!

The brains of Urban Capital (Think River City, St. Nicholas and Mondrian for the Ottawa readers), Malibu Investments (think Boutique Condos and LTD) and Alit Developments (think Murano and Water Park City) will be collaborating their experience and skills to transform the Peter and Richmond corner (117 Peter to be exact)!

Where should I start on why I like this project?… let’s say the bottom!

A tableau (French for table) will sit at the base of the building with the residential component above.  For me this is a welcoming change in design as most condos dedicate their base to a boring podium that tends to isolate the building from the environment around it.  The “table” will help preserve the facade of the current building (Embassy Night Club) and give a more airy feel to pedestrians at street level.  The warehouse facade will be worked into the space and will be home to ground level retail and over 25,000 square feet of office space on the two stories above!

Bursting through the Tableau will be vibrant green 90’ high art installation by Shane Dark called “Nova”.  Many may not recognize his name, but if you’ve passed by X Condo (at Jarvis and Charles) recently, you sure to have seen his work!

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On a recent visit to the River City Sales Centre, I noticed something different about the street… the old commercial buildings that once stood on the North side of Eastern Ave were gone!

The demolition of the buildings was to make way for Underpass Park, the most extensive park to ever be built under an overpass in Canada, and the first in Toronto.  The Park will cover approximatily 2.5 acres under and around the Eastern Avenue overpasses.  I had thought the park would be much smaller, but after seeing the work being done, it’s much more clear of how far the public space will stretch!

According to the Waterfront Toronto website:

“Designed by renowned landscape architects Phillips Farevaag Smallenberg in association with The Planning Partnership, Underpass Park embodies design excellence and is the epitome of innovative urban park design.  The design creates a socially-engaging park for community members of all ages and abilities by incorporating public art, recreational space, playful climbing structures and play areas, flexible community space, community gardens, and public gathering places.” 

Here are a few photos I took of the park under construction:

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