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IN8 sucks. Which sucks, because they've got 4 more skyscrapers planned and I am sure they'll be just as awful.
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I just walked by tonight and wow, they have some form peeking over the ground level... I think we were all wrong on when they would be above ground
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Manulife better get hopping on doing something with that big empty lot. I have no idea what they're waiting for; that should be a premium location to develop. Feels so weird to have this huge tower going up right across from an ocean of asphalt.
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They've been slowly working on it...like...glacial pace kind of working on it. But they do indeed have plans for a significant project. Not sure why they're taking so long, though I would imagine it is all down to numbers for them: waiting for the most ideal time to proceed in order to maximize return. Plus over at least the last handful of years I'm sure things have changed based on everything from population growth to the pandemic impacting things.
Either way, it's prime property so you are going to see it redeveloped in a grand way at some point.
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Oh yeah, this could be a prime spot for a larger grocery store (like a Food Basics or No Frills) or even a couple of big box stores - I'd like to see a downtown option for some stores that are currently only available on the fringes of town in the big shopping centres. Having a HomeSense or SportChek or Old Navy in the downtown area would potentially make people realize that it can be a shopping destination for your everyday things.
Good to hear that they're making moves in Toronto, and hopefully establishing some good practices that they'll bring here too.
That said, I wouldn't be surprised if TekTower is fully built before we hear anything from Manulife about it.
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BTW- I walked by the site last night, wow. I think we are all wrong on our predictions when this would be above grade. There are many forms already popping above the grade level. It is like tulips in the spring sprouting through the ground.