09-29-2021, 06:32 PM
(09-29-2021, 02:16 PM)taylortbb Wrote: The Duke Food Block appears to have been sold by Vive to IN8. It's off the Vive website, and the Kitchener property ownership records show IN8.
Wild speculation: I wonder if IN8 is talking to St. Peter's church? So far IN8 hasn't really seemed to be interested in being a landlord, and the Duke Food Block is kind of small for them. The property really only makes sense for IN8 when combined with the St. Peter's church property. At the same time, the St. Peter's church property is large enough they'd hardly need to own the tiny sliver that's the Duke Food Block to make for a viable project, so why buy it? Even combined the property would be tight for two towers, especially with The Regency on one side and DTK Condos on the other.
If they were building on the St. Peter's lot, perhaps a plan incorporates the food block into the street level but provides a benefit of the air above level, such as having some podium level lofts looking over Duke instead of over the roof and back side of the food block?