<It’s been 20 years since the federal, provincial and city governments formed the Task Force that recommended the creation of WATERFRONT TORONTO.>
Once a separate village, annexed by TORONTO in 1883, YORKVILLE is one of the city’s ritziest neighbourhoods – which isn’t entirely good. The money-making potential of properties in the village is coveted by developers, and lately they’ve begun some serious nibbling around the edges.
YORKVILLE is home to some of TORONTO’s most expensive condominiums, starting at over a million dollars and ascending from there. Two subway stations are nearby, Canada’s largest museum is around the corner, and up-scale Bloor Street West’s shopping is next door. Brand names from Bloor have been spilling over into Yorkville for some time now.
<ABOVE – taking in the scene at Bloor and Bay Streets>
<ABOVE – the Royal Ontario Museum is having some work done.>
<ABOVE – almost finished a new condominium tower at Cumberland and Avenue Road>
FORTUNATELY though, much of Old Yorkville remains – for now anyway.. It’s a truly beautiful neighbourhood, perfect for pedestrians and urban explorers. The construction cranes aren’t yet everywhere. May it ever be so.
Without a doubt, when it’s done, TORONTO’s rebuilt Union Station will be Canada’s largest transportation hub.
<Old clock image by UT Forum contributor crs1026>
Under construction for several years now, the station’s revitalization includes an expanded GO concourse, an increase in the number of exits and entrances, alleviated commuter congestion, and restoration and preservation of the station’s heritage elements.
<PHOTO ABOVE – Global News>
That didn’t take long. CIBC Square in South Core is rising. TORONTO’s new financial district south of Union Station will soon have two new skyscrapers. CIBC, the Canadian Imperial Bank of Commerce, will eventually move south from its present headquarters building on Bay Street at King. <PHOTO – Canadian Chocho>
Good news for kids 12 and under. Beginning on March 9th, they’ll be able to ride GO Transit trains and buses for free, the province has announced. Children under five already ride for nothing on GO, while those between six & 12 are granted a discounted fare.
The under 12’s have been riding free for some time on the TORONTO Transit system, and the UP Express to-and-from Pearson Airport. Not a bad deal all around.
Holder of two Michelin stars, sushi chef MASAKI SAITO is leaving New York City and opening a new restaurant in TORONTO’s Yorkville neighbourhood. Here he will present his interpretation of traditional edomae-style sushi.
Saiko opened the New York Branch of Sushi Ginza Onodera in 2016, earned his first Michelin star in 2017 and added another, at age 30, in 2018. He plans to put his roots down in TORONTO.The University of TORONTO is first in Canada in the 2019 QS World University subject rankings. It is also the only university in the world to rank in the top 50 for the vast majority of specific subjects included.
University of Toronto has placed in the top ten globally in six QS subjects: library and information management (3rd), pharmacy and pharmacology (4th), sports-related subjects (5th), education (7th), nursing (7th), and anatomy and physiology (8th).
More than 1,200 institutions were ranked across 48 subjects this year.
Until now, the condo market has been the last remaining bubble in TORONTO’s overheated real estate market, with prices hitting a record high in 2018 – and the average unit selling for more than $1,000 a square-foot. – URBANATION
Demand for new projects has slowed and long lineups have virtually disappeared. “I think those days of the modern gold rush, where every developer was selling out within 30 days are gone,” said real estate agent ADAM BRIND of Core Assets.
“You can’t just throw up a sign and say ‘we’re launching this’, and have a huge lineup.” Some see this as a healthy return to a normal market.
<PHOTO ABOVE – condo listings on Bay Street in 2017>
From the NETFLIX MEDIA CENTER, February 20/2019 – “At CINESPACE Studios, Netflix will lease four sound stages, along with office and support space totaling approximately 164,000 square feet. At PINEWOOD TORONTO Studios, Netflix will also lease four sound stages and adjacent office space comprising a total footprint of approximately 84,580 square feet.”
“Both sites will support upcoming Netflix series and films, including the horror anthology series Guillermo del Toro Presents Ten After Midnight, the film Let It Snow and others, which will provide production jobs for up to 1,850 Canadians per year.”
“NETFLIX has produced many series and films in Canada starting in 2012 with the horror series Hemlock Grove (Toronto), and including Christmas Inheritance (Northern Ontario); The Holiday Calendar (Northern Ontario), In The Tall Grass (multiple locations in Ontario); Shadow of the Moon (Toronto), Polar (Toronto); I Am the Pretty Thing That Lives in the House (Ottawa) and The Christmas Chronicles (Toronto).
“Current series filming in Canada include V-Wars (Northern Ontario) and October Faction (Toronto).”
Other Canadian cities that have benefited greatly from NETFLIX – Vancouver (extra greatly) & the province of British Columbia, Winnipeg, Calgary and Montreal. The company has worked with Canadian production partners to co-produce series for global audiences including Anne with an E (CBC), Travelers (Showcase), Frontier (Discovery Canada) and the limited series Alias Grace (CBC).”
Construction began in October 2017, and now the West Queen West campus of CAMH (Centre for Addiction & Mental Health) has been greatly enlarged. The project includes two seven-storey institutional buildings, the McCain Complex Care & Recovery Centre at the corner of Ossington Avenue & Queen, and the Crisis & Critical Care Building on Queen at White Squirrel Way.
<PHOTO, looking south – courtesy of PCL>