111 Peter Street Condos

About 111 Peter Street Condos Development

111 Peter Street Condos is a new condo development that is currently in the pre-construction phase by Capital Developments, located at 111 Peter Street, ON. 111 Peter Street Condos, offered by Capital expansion, is set to transform a Pre-existing office into a 52-storey mixed-use building that will redefine urban living in Toronto. This project’s estimated completion date is still unknown.

Key Takeaways

• The proposal for 111 Peter Street includes a 52-storey mixed-use tower with 852 housing units, retail spaces, and community facilities, aiming to enhance urban living in Toronto’s Entertainment District.
• Capital Developments is spearheading the project, focusing on sustainable urban design to attract residents and businesses while integrating the new tower with the existing office building.
• WZMH Architects will oversee the design, emphasizing a modern aesthetic and structural integrity, with features like flexible non-residential spaces and extensive facilities to improve residents’ quality of life.

Proposal Overview

The offer envisions a striking 52-storey tower that will stand at an impressive height of 565 feet, transforming the Pre-existing office at 111 Peter Street into a mixed-use marvel. Capital Developments has submitted this ambitious development to the Town of Toronto, aiming to enhance both the functionality and appearance of the current structure.

With a total gross floor area of 60,276 square meters, the redevelopment plans are comprehensive and forward-thinking. The proposed development aims to create a vibrant mixed-use space that integrates housing units, retail spaces, and community facilities.

This innovative approach is designed to cater to the growing demand for flexible and multifunctional urban spaces. This will enhance the area’s character, making it more appealing and functional for residents and visitors.

As the town continues to evolve, property like this one plays a crucial role in shaping the future of urban living. The offers request a thorough review to ensure that it meets the city’s zoning and expansion guidelines, ultimately aiming to transform the Pre-existing office into a landmark of modern urban design and functionality, in accordance with the law.

Project Developers

Capital expansion, the visionary force behind the 111 Peter Street offers, has a reputation for delivering innovative and impactful urban innovation. With a keen focus on enhancing the livability and vibrancy of urban spaces, they are committed to transforming the King-Spadina area and Spadina Avenue into a thriving hub of residential, commercial, and community activities.

Their goal is to meet the needs of current residents while attracting new ones and businesses to the area. It has plans to enhance the King-Spadina neighbourhood’s character and livability by introducing a mix of housing units, retail spaces, and community facilities.

This property exemplifies their commitment to sustainable and dynamic urban environments.

Design and Architecture

WZMH Architects, renowned for their modern and innovative designs, have been entrusted with the architectural vision for the new tower at 111 Peter Street. Their design philosophy emphasizes a seamless blend of form and function, ensuring that the new structure aligns with the dynamic character of the area.

The architectural plans include a mixed-use tower that will rise to 52 storeys, with a total gross floor space of approximately 60,276 square meters. A key aspect of the design is the integration of the new tower with the existing 9-storey office building.

The new tower will seamlessly connect to the reinforced current building, creating a cohesive and visually appealing framework. This integration not only preserves the historical significance of the existing building but also introduces a modern aesthetic that enhances the overall architectural landscape.

The expansion plans include significant structural improvements to the Pre-existing office to support the new residential tower addition. These improvements ensure the stability and safety of the combined framework. Additionally, WZMH Architects has designed flexible non-residential spaces within the tower, allowing for adaptability to market demands and community needs.

Location and Context

Situated at 111 Peter Street, the current building is located in Toronto’s vibrant Entertainment District, a bustling area known for its eclectic mix of residential, commercial, and entertainment spaces on the side of Peter Street. This prime location offers occupants and businesses unparalleled access to the city’s best facilities and attractions, making it a highly desirable address and a perfect station for urban living.

Its location is key to the project’s appeal. The area has evolved into a vibrant community where occupants can enjoy a lively mix of restaurants, shops, and cultural venues.

The proposed expansion aims to enhance this character, further solidifying Toronto’s entertainment district as one of Toronto’s most dynamic and sought-after communities.

Residential Units and Amenities

The proposed expansion at 111 Peter Street will feature 852 housing spaces, designed to cater to a diverse range of occupants. From young professionals to families, the housing spaces will offer a variety of configurations to meet different needs and preferences.

With a focus on modern living, the spaces will be equipped with high-quality finishes and thoughtful design elements to enhance comfort and convenience. In addition to the housing spaces, the expansion will also include a range of facilities designed to enhance the quality of life for occupants.

These facilities will cater to various needs, from recreational spaces to essential services, ensuring that occupants have everything they need within easy reach. The combination of housing spaces and facilities makes this expansion a comprehensive solution for modern urban living.

Residential Units

The upcoming tower will include 852 new housing spaces, ranging from studios to three-bedroom suites. This diverse mix of spaces is designed to cater to a wide range of demographics, ensuring that the expansion can accommodate everyone from single professionals to families.

The total area designated for residential use within the tower will be approximately 56,388 square meters, offering ample living space for all occupants. To cater to the varied needs of its occupants, the housing spaces will feature private balconies or Juliet balconies, creating a unique facade design that enhances both the aesthetic and functional appeal of the building.

These outdoor spaces provide occupants with a personal retreat where they can enjoy fresh air and stunning views of the town. Offering various space configurations and high-quality design elements, the expansion aims to create a comfortable and attractive living environment that is intended for families, young professionals, or retirees.

The housing spaces will provide affordable rentals and a modern and suitable urban lifestyle through alliance insurance and financial services, with facilities located nearby.

Amenities

The expansion will feature an impressive 27,500 square feet of facilities spread over two floors, ensuring that occupants have access to a wide range of facilities and services. These facilities are designed to enhance the overall quality of life for occupants, providing spaces for recreation, relaxation, and socializing.

One of the standout features of the facility offerings is the inclusion of flex space that can be adapted to meet the varying needs of the community. These flexible spaces can host community events, serve as coworking areas, and adapt to evolving community needs.

The expansion site will feature a children’s play area, offering a safe and engaging space for kids to play and socialize. This feature underscores the development’s commitment to creating a family-friendly environment.

At street level, retail spaces are planned to enhance accessibility and convenience for occupants at lower levels. These retail spaces will include shops, restaurants, and essential services, ensuring that occupants have everything they need within easy reach. Integrating retail spaces into the expansion aims to create a vibrant and self-sustaining community.

Urban Density and Skyline Enhancement

The proposed 52-storey tower at 111 Peter Street is a prime example of how recent expansions in downtown Toronto are significantly increasing urban density to the north. Introducing new skyscrapers like this one enhances the city’s skyline, reflecting modern architectural trends and contributing to its aesthetic appeal.

The architectural designs of new skyscrapers, including the flattened crown and rounded glass corners seen in recent offerings, reflect a modern aesthetic that aligns with the vision for the 111 Peter Street tower. These design elements not only enhance the building’s visual appeal but also contribute to a cohesive and contemporary skyline.

As the town continues to grow, properties like the redevelopment of 111 Peter Street play a crucial role in shaping its urban landscape. By increasing urban density and enhancing the skyline, such expansions are helping Toronto evolve into a more dynamic and visually appealing town.

Construction and Timeline

The Expansion of the proposed 52-storey tower at 111 Peter Street involves a detailed timeline that includes various phases before the anticipated completion. Currently, the Expansion is in the pre-expansion phase, with the developers working closely with town officials to ensure all necessary approvals and permits are in place.

Once the Expansion moves past the pre-expansion phase, the expansion timeline will encompass multiple phases that are crucial for successfully completing the new tower. These phases include the initial groundwork, structural reinforcement of the existing Skyscraper, and the subsequent expansion of the new residential building.

Each phase is meticulously planned to ensure that the concrete expansion progresses smoothly and efficiently. Although the completion date remains uncertain, the developers are committed to a rigorous expansion schedule to minimize disruptions and ensure timely delivery.

The complexity of the expansion, including the integration of the new building with the Pre-existing office, requires careful planning and execution. Following a framework timeline and focusing on each phase, the developers aim to deliver a high-quality, mixed-use building that will become a landmark in Toronto’s Entertainment District.

The successful completion of this Expansion will not only enhance the city’s skyline but also provide a modern and convenient living environment for its occupants.

Summary

In summary, the 111 Peter Street offer by Capital expansion is set to transform a Pre-existing office into a 52-storey mixed-use building that will redefine urban living in Toronto. With a focus on modern architectural design, a diverse range of housing spaces, and thoughtfully planned facilities, this Expansion promises to enhance the vibrancy and livability of the Entertainment District.

As the town continues to evolve, Expansion like this one plays a vital role in shaping its future. By increasing urban density, enhancing the skyline, and creating multifunctional spaces, the proposed Expansion at 111 Peter Street is poised to become a landmark of modern urban design.

The Expansion not only reflects the vision and commitment of its developers but also sets a new standard for urban renovation in Toronto.

Frequently Asked Questions

What is the height of the proposed tower at 111 Peter Street?

The proposed building at 111 Peter Street will have a height of 565 feet, featuring 52 storeys.

Who are the developers behind the 111 Peter Street proposal?

Capital expansion is the developer behind the 111 Peter Street proposal, focusing on creating a vibrant mixed-use space.

What types of residential units will be available in the new tower?

The new building will offer 852 housing spaces, comprising a mix of studios, as well as one-, two-, and three-bedroom suites.

What amenities are planned for the new development?

The new Expansion plans to feature 27,500 square feet of facilities, including flexible spaces, a Children’s playground, and retail spaces at street level. This design aims to enhance community engagement and convenience.

What is the current status of the construction timeline for the project?

The is currently in the pre-construction phase, focusing on obtaining necessary approvals and permits, with an estimated completion date still to be determined.

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