The re-development of Regent Park continues to move forward at record pace. With new home owners already enjoying life at One Park West and Paintbox moving forward, others have been awaiting word on the latest release at Regent Park.  Those people won’t have to wait much longer, as we are proud to announce that Daniels, the developer who has been awarded the task of rebuilding Regent Park, is set to debut One Park Place to Toronto.

Teaming with Hariri Pontarini Architects, One Park Place will be another excellent addition to Regent Park. Already well under way, Daniels has started to lay the groundwork for one of the best redevelopments that we have seen in a long, long time.

The Regent Park revitalization will take between 10 to 15 years to complete, and will be released over six distinct phases. Phase one has seen the roll out of One Cole and One Park West, unique condominium residences that bring affordable living to an up-and-coming area of Toronto.

“We are bringing in commercial and office spaces. People will be coming to Regent Park to work during the day. Take a look at what we will present in 10 years against where we are today, and it is an amazing transformation,” said Martin Blake, Vice President of Daniels and the mind behind the redevelopment of Regent Park.

Definitely some exciting times for Regent Park and the city!

For more information on One Park Place, click here.

The partnership between Lifetime Developments and CentreCourt Developments has definitely been one that has started out well. Back in early January, we announced that Karma Condos was set to debut at Yonge and College St. in Toronto. The development has been applauded for its excellent architecture, but even more so for its “Condo that Cares” program, one that has generated $15,970 to date for many Toronto charities. With that in mind, the two developers are set to launch a new project on one of the most interesting sites in Toronto.

70 Temperance St. is a site with a rich history. Dating back to the early 2000s, Harry Stinson was hoping to develop The Sapphire Tower, a high-rise condominium that would have been the tallest in Toronto at the time. After plans fell through, Skyline purchased the site with the vision of developing The Canada Tower, but they chose not to move forward with it. Now, just a few years after Skyline’s purchase, it has been reported that Lifetime and CentreCourt Developments have purchased 70 Temperance, with hopes of developing a high-rise condominium.

Enter INDX Condos, an aptly named development that will rise right in the heart of the Financial District. Although we have no renderings or specific details, we do have a general outline for what is prepared for the site.  An application filed with the City of Toronto states that the owners of the site are applying for the construction of a 53-storey residential building. There will be retail space at grade, and a five-level below-grade parking garage.

Up to now, that is all that is known about INDX, but based on Lifetime’s and CentreCourt’s impressive portfolio, you can expect an interesting design headed for 70 Temperance St.

 

What are your hopes for INDX?

What type of architecture would suit the area?

Comment below.

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 This week, we would like to take a few minutes to update you on the construction progress over at one of the most highly anticipated condominium developments in Toronto, Cinema Tower by The Daniels Corporation.

 

So far, rising roughly five storeys above the corner of Widmer St. and Adelaide, Cinema Tower is well underway, and will eventually reach a height of 43 storeys.  The new residence will adorn one of the city’s most popular and vibrant neighbourhoods, the Entertainment District.  Residents will certainly enjoy having the best bars, clubs, theatres, and restaurants in the immediate vicinity.  There is also a wide selection of venues featuring live entertainment, including Roy Thomson Hall, The Princess of Wales Theatre, and the Royal Alexandra Theatre, but we all already know how awesome the area is, let’s move on to what Cinema has to offer!

First of all, the design of Cinema Tower, by Kirkor Architects, will accentuate our skyline in a modern-contemporary fashion.  The curving glass and glistening steel will reflect the design of the neighbouring TIFF Bell Lightbox.  The soaring tower will rise from an abstract, six-storey podium that will surely stand out along the electric streetscape.

Besides looking amazing and being surrounded by Toronto’s best, Cinema Tower will also feature an array of luxurious amenities, including an outdoor terrace with comfortable lounge space and barbecue stations, a private screening room, a well equipped fitness centre, a full sports court, and a lavish party room.  One of the coolest things about the residence is the exclusive connection with the TIFF Bell Lightbox.  Purchasers will receive a three-year Contributor Membership that entitles them to all sorts of perks and benefits, like guest list spots, advanced ticket purchasing, and access to the exclusive Bell Blue Room Members’ Lounge!

Cinema Tower will be comprised of 444 units, ranging in sizes from 420-1,503 square feet.  Designed by the award-winning HOK interior design team, the units’ features will certainly make you feel like a movie star.  There are a number of floor plans available, ranging from studios to three-bedrooms, and are thoughtfully laid out to accommodate everyone from young single professionals to small families.

As we stated above, Cinema Tower is only about five storeys off the ground, so far, but completion is scheduled for 2013, so you will definitely see the storeys rising weekly.  Prices for units at Cinema Tower are starting in the mid $300,000s.  They are selling now, we are unaware of how many available units are left, but you can be sure that they are moving fast!

Stay tuned to the Toronto Star’s NewInHomes.com for more updates on Cinema Tower as construction moves along.