Altree Developments has announced a new mid-rise project for a three-acre property in east Toronto that sits atop the steep banks of the heavily forested Highland Creek valley — a location that’s a tremendous selling point, to be sure, but also makes for development challenges. The firm announced in March it had completed the purchase of both 1625 Military Trail and 6000 Kingston Road and its preliminary development plans were to construct two mid-rise buildings with approximately 500 residential units ranging between 425 to 875 square feet. A tentative timetable would see permitting undertaken in the next year, sales start next year, shovels in the ground in 2021 and possible occupancy in 2024. Altree’s director of operations Jordan DeBrincat said her team is fully aware of the need to undertake full and early consultation with the Toronto Region Conservation Authority (TRCA) to ensure erosion, slope stability and other issues are addressed at what she calls a “fantastic” site READ HERE
Jun
20
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